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Company Registration No. 08404143 (England and Wales)
Top Gear Limited Unaudited accounts for the year ended 28 February 2026
Top Gear Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Top Gear Limited Company Information for the year ended 28 February 2026
Director
Mr P Williams
Company Number
08404143 (England and Wales)
Registered Office
Top Gear Ltd 11 Commercial Road Penryn Cornwall TR10 8AQ England
- 3 -
Top Gear Limited Statement of financial position as at 28 February 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
14,155 
15,303 
Current assets
Inventories
177,662 
211,146 
Debtors
13,675 
9,516 
Cash at bank and in hand
59,565 
9,903 
250,902 
230,565 
Creditors: amounts falling due within one year
(91,397)
(50,690)
Net current assets
159,505 
179,875 
Net assets
173,660 
195,178 
Capital and reserves
Called up share capital
14 
14 
Profit and loss account
173,646 
195,164 
Shareholders' funds
173,660 
195,178 
For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 October 2026 and were signed on its behalf by
Mr P Williams Director Company Registration No. 08404143
- 4 -
Top Gear Limited Notes to the Accounts for the year ended 28 February 2026
1
Statutory information
Top Gear Limited is a private company, limited by shares, registered in England and Wales, registration number 08404143. The registered office is Top Gear Ltd, 11 Commercial Road, Penryn, Cornwall, TR10 8AQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33% reducing balance
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 March 2025
40,485 
Additions
3,991 
At 28 February 2026
44,476 
Depreciation
At 1 March 2025
25,182 
Charge for the year
5,139 
At 28 February 2026
30,321 
Net book value
At 28 February 2026
14,155 
At 28 February 2025
15,303 
- 5 -
Top Gear Limited Notes to the Accounts for the year ended 28 February 2026
5
Operating lease commitments
2026 
2025 
£ 
£ 
At 28 February 2026 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
24,000 
24,000 
Later than one year and not later than five years
48,000 
72,000 
72,000 
96,000 
6
Average number of employees
During the year the average number of employees was 4 (2025: 5).
- 6 -