Company Registration No. 13218656 (England and Wales)
Topspot Investing Limited
Unaudited accounts
for the year ended 28 February 2023
Topspot Investing Limited
Unaudited accounts
Contents
Topspot Investing Limited
Statement of financial position
as at 28 February 2023
Investments
928,561
928,561
Cash at bank and in hand
-
7,567
Creditors: amounts falling due within one year
(610,360)
(624,708)
Net current liabilities
(455,181)
(391,994)
Total assets less current liabilities
473,380
536,567
Creditors: amounts falling due after more than one year
(563,550)
(563,550)
Net liabilities
(90,170)
(26,983)
Called up share capital
100
100
Profit and loss account
(90,270)
(27,083)
Shareholders' funds
(90,170)
(26,983)
For the year ending 28 February 2023 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.
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 November 2023 and were signed on its behalf by
M Kafeel
Director
Company Registration No. 13218656
Topspot Investing Limited
Notes to the Accounts
for the year ended 28 February 2023
Topspot Investing Limited is a private company, limited by shares, registered in England and Wales, registration number 13218656. The registered office is 18A High Street, Thornton Heath, Surrey, CR7 8RU.
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.
4
Investments
Other investments
Valuation at 1 March 2022
928,561
Valuation at 28 February 2023
928,561
Amounts falling due within one year
Other debtors
152,585
50,000
6
Creditors: amounts falling due within one year
2023
2022
Other creditors
88,490
59,339
Loans from directors
521,774
563,882
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
563,550
563,550
Topspot Investing Limited
Notes to the Accounts
for the year ended 28 February 2023
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
