Tops HR Consulting Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07549462 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020

FOR

TOPS HR CONSULTING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D Topping

REGISTERED OFFICE:

72a High Street

Battle

United Kingdom

East Sussex

TN33 0AG

REGISTERED NUMBER:

07549462 (England and Wales)

ACCOUNTANTS:

MVL Business Services

A trading name of Xynamo 5 Limited

72a High Street

Battle

East Sussex

TN33 0AG

FIXED ASSETS

Tangible assets

4

700

934

CURRENT ASSETS

Debtors

5

4,866

6,164

Cash at bank

2,765

2,865

7,631

9,029

CREDITORS

Amounts falling due within one year

6

4,711

4,817

NET CURRENT ASSETS

2,920

4,212

TOTAL ASSETS LESS CURRENT LIABILITIES

3,620

5,146

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3,520

5,046

SHAREHOLDERS' FUNDS

3,620

5,146

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 July 2020 and were signed by:

D Topping - Director

1.	STATUTORY INFORMATION

Tops HR Consulting Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2019

and 31 March 2020

3,035

DEPRECIATION

At 1 April 2019

2,101

Charge for year

234

At 31 March 2020

2,335

NET BOOK VALUE

At 31 March 2020

700

At 31 March 2019

934

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

4,612

5,941

Other debtors

254

223

4,866

6,164

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Taxation and social security

2,521

3,894

Other creditors

2,190

923

4,711

4,817

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2020 and

31 March 2019:

2020

2019

£

£

D Topping

Balance outstanding at start of year

(512

)

(110

)

Amounts advanced

12,228

37,711

Amounts repaid

(13,475

)

(38,113

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,759

)

(512

)

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £10,000 (2019 - £17,000) were paid to the director .

9.	ULTIMATE CONTROLLING PARTY

The controlling party is D Topping.