Topping Engineers Ltd


Director	Mr David Topping


Registered Address	Aire House
	12 Victoria Avenue
	Harrogate
	HG1 1ED


Registered Number	06246420 (England and Wales)

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Operating leases
	Where, substantially, all the risks and rewards of ownership of the asset do not transfer from the lessor to the company, the lease is treated as an operating lease. Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Defined contribution pension plan
	The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

Defined contribution pension plan

The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


	Reducing balance (%)	Straight line (years)
Land and buildings	-	5
Plant and machinery	25	-
Fixtures and fittings	25	-
Vehicles	25	-
Office Equipment	-	5

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Related parties
	For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	16		14

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 April 25	110,423	37,136	44,995	21,933	214,487
Additions	-	-	-	3,521	3,521
Disposals	-	-	-	(7,557)	(7,557)
At 31 March 26	110,423	37,136	44,995	17,897	210,451
Depreciation and impairment
At 01 April 25	110,423	36,837	937	14,786	162,983
Charge for year	-	75	11,015	4,440	15,530
On disposals	-	-	-	(6,590)	(6,590)
At 31 March 26	110,423	36,912	11,952	12,636	171,923
Net book value
At 31 March 26	-	224	33,043	5,261	38,528
At 31 March 25	-	299	44,058	7,147	51,504

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	195,040	289,997
Other debtors	290,700	274,479
Prepayments and accrued income	26,673	24,665
Total	512,413	589,141


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	5,407	12,409
Bank borrowings and overdrafts	10,721	10,325
Amounts owed to related parties	186	60
Taxation and social security	144,518	156,098
Other creditors	5,328	8,428
Accrued liabilities and deferred income	2,305	32,780
Total	168,465	220,100

6.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	24,450	35,170
Total	24,450	35,170

7.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	9,632	12,876
Total	9,632	12,876

8.	Operating lease commitments
	As at 31/03/2026, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £20,750. (2025 £29,425).

9.	Share capital
	On 16th December 2025, and following the passing of a written resolution pursuant to Chapter 2 of Part 13 of the Companies Act 2006 of equal date, the Company purchased 10 ordinary 'C' shares of £1.00 each in the capital of the Company from one of the shareholders for a total consideration of £39,990. The shares were then immediately cancelled, with the balance transferred to a capital redemption reserve and the consideration debited to the profit and loss account.

Share capital

On 16th December 2025, and following the passing of a written resolution pursuant to Chapter 2 of Part 13 of the
Companies Act 2006 of equal date, the Company purchased 10 ordinary 'C' shares of £1.00 each in the capital of the
Company from one of the shareholders for a total consideration of £39,990. The shares were then immediately cancelled, with the balance transferred to a capital redemption reserve and the consideration debited to the profit and loss account.

10.	Related party transactions
	The directors and shareholders of the company are also directors and shareholders of Belford Road Property Company Limited. During the year the company leased property from and provided funding to Belford Road Property Company Limited. The rental cost charged to the profit & loss account in the year was £24,500 (2025 £24,500). The amount owed by Belford Road Property Company Limited as at the year end and included within other debtors is £290,700 (2025 £274,479).

10.

Related party transactions

The directors and shareholders of the company are also directors and shareholders of Belford Road Property Company Limited. During the year the company leased property from and provided funding to Belford Road Property Company Limited. The rental cost charged to the profit & loss account in the year was £24,500 (2025 £24,500). The amount owed by Belford Road Property Company Limited as at the year end and included within other debtors is £290,700 (2025 £274,479).

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		38,528		51,504
			38,528		51,504
Current assets
Debtors	4	512,413		589,141
Cash at bank and on hand		292,659		270,999
		805,072		860,140
Creditors amounts falling due within one year	5	(168,465)		(220,100)
Net current assets (liabilities)			636,607		640,040
Total assets less current liabilities			675,135		691,544
Creditors amounts falling due after one year	6		(24,450)		(35,170)
Provisions for liabilities	7		(9,632)		(12,876)
Net assets			641,053		643,498
Capital and reserves
Called up share capital			80		90
Other reserves			20		10
Profit and loss account			640,953		643,398
Shareholders' funds			641,053		643,498