Topp Holdings Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 16113350

Topp Holdings Limited

Filleted Financial Statements

31 December 2025

Topp Holdings Limited

Balance Sheet

31 December 2025

	31 Dec 25
Note	£

Fixed assets

Tangible assets	5	158,655

Current assets

Debtors	6	31,794
Cash at bank and in hand		2,661
		--------
		34,455

Creditors: amounts falling due within one year	7	( 275,213)
		---------
Net current liabilities		( 240,758)
		---------
Total assets less current liabilities		( 82,103)

Creditors: amounts falling due after more than one year	8	( 103,232)
		---------
Net liabilities		( 185,335)
		---------

Capital and reserves

Called up share capital	9	100
Profit and loss account		( 185,435)
		---------
Shareholders deficit		( 185,335)
		---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements were approved by the board of directors and authorised for issue on 5 August 2026 , and are signed on behalf of the board by:

K E Duttine

Director

Company registration number: 16113350

Topp Holdings Limited

Notes to the Financial Statements

Period from 2 December 2024 to 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 5 Mercury Court, Orion Way, Orion Business Park, North Shields, NE29 7SN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

At the date of the financial statements approval, the directors have a reasonable expectation that the company has adequate resources to continue to trade for the foreseeable future. The company continues to have the support of its parent company and fellow group undertakings, therefore the going concern basis of accounting remains appropriate.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	33% straight line

The depreciation charge for plant and machinery started immediately after the year end.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the balance sheet as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 5 .

5. Tangible assets

	Plant and machinery	Equipment	Total
	£	£	£
Cost
At 2 December 2024	–	–	–
Additions	157,977	697	158,674
	---------	----	---------
At 31 December 2025	157,977	697	158,674
	---------	----	---------
Depreciation
At 2 December 2024	–	–	–
Charge for the period	–	19	19
	---------	----	---------
At 31 December 2025	–	19	19
	---------	----	---------
Carrying amount
At 31 December 2025	157,977	678	158,655
	---------	----	---------

6. Debtors

	31 Dec 25
	£
Other debtors	31,794
	--------

7. Creditors: amounts falling due within one year

	31 Dec 25
	£
Trade creditors	33
Amounts owed to group undertakings	220,833
Social security and other taxes	13,308
Other creditors	41,039
	---------
	275,213
	---------

8. Creditors: amounts falling due after more than one year

	31 Dec 25
	£
Other creditors	103,232
	---------

Other creditors above represent amounts due under hire purchase agreements at the period end.

9. Called up share capital

Issued, called up and fully paid

	31 Dec 25
	No.	£
Ordinary shares of £ 1 each	100	100
	----	----

10. Summary audit opinion

The auditor's report dated 5 August 2026 was unqualified .

The senior statutory auditor was Christopher Gorman FCA FCCA , for and on behalf of Chipchase Manners .

11. Directors' advances, credits and guarantees

There were no directors advances, credits or guarantees in the period.

12. Related party transactions

During the period, the company had related party income in the form of recharges of costs with a fellow group undertakings totalling £124,990. At the end of the period, the company owed £112,032 to this related party. This company is a related party by virtue of having the same ultimate parent company. At the end of the period, the company owed £60,000 to a related party company. This company is a related party by virtue of it being the immediate parent company. During the period, the company had related party expenditure in the form of purchasing plant and machinery from a fellow group undertaking totalling £157,977. At the end of the period, the company owed £48,801 to this related party. This company is a related party by virtual of having the same ultimate parent company.

13. Controlling party

The parent company is Topp Holdings GmbH by virtue of its majority shareholding. The ultimate controlling party is Topp Capital AG by virtue of its ownership of Topp Holdings AG, which wholly owns Topp Holdings GmbH as above.