REGISTERED NUMBER: 02242893 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

TOPPER INTERNATIONAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M J Fry

G J Morris

R R White

S Fry

J P Adams

SECRETARY:

G J Morris

REGISTERED OFFICE:

Kingsnorth Technology Park

Wotton Road

Ashford

Kent

TN23 6LN

REGISTERED NUMBER:

02242893 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

2nd Floor

Medway Bridge House

1-8 Fairmeadow

Maidstone

Kent

ME14 1JP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

106,464

143,683

106,464

143,683

CURRENT ASSETS

Stocks

785,943

815,682

Debtors

6

316,305

285,435

Cash in hand

-

79,647

1,102,248

1,180,764

CREDITORS

Amounts falling due within one year

7

776,599

613,736

NET CURRENT ASSETS

325,649

567,028

TOTAL ASSETS LESS CURRENT LIABILITIES

432,113

710,711

CAPITAL AND RESERVES

Called up share capital

2,550,000

2,550,000

Retained earnings

(2,117,887

)

(1,839,289

)

432,113

710,711

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 November 2025 and were signed on its behalf by:

M J Fry - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern

The financial statements are prepared on a going concern basis. C-Scope International Holdings Limited is the parent of a group including Topper International Limited. The directors of C-Scope International Holdings Limited have confirmed the continuation of the group's financial support for the foreseeable future. For this reason, a going concern basis for the preparation of these financial statements is considered appropriate.

Turnover

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. Turnover from the sale of goods is recognised at the point of sale.

Intangible assets

Research expenditure is written off against profits in the year in which it is incurred. Indentifiable development expenditure is capitalised to the extent that the technical, commercial and financial feasibility can be demonstrated.

Development costs are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its useful estimated life.

Plant and machinery etc - 20% and 33% on cost

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Financial instruments

The company has elected to apply the recognition and measurement provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors, cash and bank balances and loans to fellow group companies, are measured at transaction price including transaction costs.

Basic financial liabilities

Basic financial liabilities, including creditors, bank overdrafts and loans from fellow group companies, are recognised at transaction price.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Foreign currency translation

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the date of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation are included in the profit and loss account for the period.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 17 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

Cost

At 1 April 2024

and 31 March 2025

83,842

Amortisation

At 1 April 2024

and 31 March 2025

83,842

Net book value

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

Cost

At 1 April 2024

824,872

Additions

1,300

At 31 March 2025

826,172

Depreciation

At 1 April 2024

681,189

Charge for year

38,519

At 31 March 2025

719,708

Net book value

At 31 March 2025

106,464

At 31 March 2024

143,683

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

161,827

243,266

Other debtors

1,955

2,569

163,782

245,835

Amounts falling due after more than one year:

Deferred tax asset

152,523

39,600

Aggregate amounts

316,305

285,435

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

8,719

-

Trade creditors

106,957

84,882

Amounts owed to group undertakings

646,324

499,579

Taxation and social security

8,150

9,485

Other creditors

6,449

19,790

776,599

613,736

Bank loans and overdrafts are secured by way of fixed and floating charges over the assets of the company.

8.	FINANCIAL COMMITMENTS, GUARANTEES AND CONTINGENT LIABILITIES

The bank borrowings of the group are guaranteed by a composite group guarantee. At 31 March 2025, the total indebtedness of the group to the bank amounted to £288,864 (2024 - £256,259) which is secured by a mortgage debenture, the terms of which includes a fixed and floating charge over the company's assets.