Company Registration No. 9942618 (England and Wales)
TOPMUSE LIMITED
Unaudited accounts
for the year ended 31 January 2021
TOPMUSE LIMITED
Unaudited accounts
Contents
TOPMUSE LIMITED
Company Information
for the year ended 31 January 2021
Company Number
9942618 (England and Wales)
Registered Office
FLAT 12 BOSWELL HOUSE
BOSEWELL STREET
LONDON
WC1N 3PR
UK
Accountants
Kapook Accountancy
Certified Practising Accountants (ICPA)
94 Caledonian Road
London
N1 9DN
TOPMUSE LIMITED
Statement of financial position
as at 31 January 2021
Tangible assets
3,643
2,767
Cash at bank and in hand
75,514
33,223
Creditors: amounts falling due within one year
(16,878)
(52,848)
Net current assets
87,187
20,410
Total assets less current liabilities
90,830
23,177
Creditors: amounts falling due after more than one year
(50,000)
-
Called up share capital
100
100
Profit and loss account
40,730
23,077
Shareholders' funds
40,830
23,177
For the year ending 31 January 2021 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 30 June 2021 and were signed on its behalf by
Miss Ji Eun Cha
Director
Company Registration No. 9942618
TOPMUSE LIMITED
Notes to the Accounts
for the year ended 31 January 2021
TOPMUSE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 9942618. The registered office is FLAT 12 BOSWELL HOUSE, BOSEWELL STREET, LONDON, WC1N 3PR, UK.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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:
Fixtures & fittings
25% Reducing balance
Computer equipment
25% Reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
TOPMUSE LIMITED
Notes to the Accounts
for the year ended 31 January 2021
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2020
362
5,478
5,840
At 31 January 2021
362
7,569
7,931
At 1 February 2020
210
2,863
3,073
Charge for the year
38
1,177
1,215
At 31 January 2021
248
4,040
4,288
At 31 January 2021
114
3,529
3,643
At 31 January 2020
152
2,615
2,767
5
Debtors: amounts falling due within one year
2021
2020
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
8,412
2,280
Other creditors
8,466
50,568
7
Creditors: amounts falling due after more than one year
2021
2020
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 2 (2020: 3).
