Abbreviated Company Accounts - TOP SHOP (UK) LIMITED

TOP SHOP (UK) LIMITED - Company Information

04364823 TOP SHOP (UK) LIMITED 2016-02-29 false 2015-03-01 2016-02-29 true 04364823 2015-03-01 2016-02-29 04364823 2016-02-29 04364823 2015-02-28 04364823 uk-gaap-cd-bus:Director1 2015-03-01 2016-02-29 04364823 uk-gaap-cd-bus:Director2 2015-03-01 2016-02-29 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-01 2016-02-29 uk-gaap-cd-bus:OrdinaryShareClass1 2016-02-29 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 iso4217:GBP shares

Registered Number 04364823

TOP SHOP (UK) LIMITED

Abbreviated Accounts

29 February 2016

TOP SHOP (UK) LIMITED Registered Number 04364823

Abbreviated Balance Sheet as at 29 February 2016

	Notes	2016	2015
		£	£
Current assets
Stocks		34,100	34,400
Cash at bank and in hand		16,798	24,110
		50,898	58,510
Creditors: amounts falling due within one year		(19,126)	(17,641)
Net current assets (liabilities)		31,772	40,869
Total assets less current liabilities		31,772	40,869
Creditors: amounts falling due after more than one year		(9,500)	(30,500)
Total net assets (liabilities)		22,272	10,369
Capital and reserves
Called up share capital	2	3	3
Profit and loss account		22,269	10,366
Shareholders' funds		22,272	10,369

For the year ending 29 February 2016 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 November 2016

And signed on their behalf by:
Mrs H Kaur, Director

TOP SHOP (UK) LIMITED Registered Number 04364823

Notes to the Abbreviated Accounts for the period ended 29 February 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and in accordance with the Financial
Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the total value, excluding value added tax, of sales made during the year and
derives from the provision of goods falling within the company's ordinary activities.

Other accounting policies
Leasing :
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Stock :
Stock is valued at the lower of cost and net realisable value.
Related party transactions :
The company paid management charges £9,600 (2015: £10,200) to partnership - Spar Usk Way Store, in which director has interest as partner.
As at accounting year date the amount payable to the said partnership was nil (2015 : nil).
All the transactions with partnership were at arm's length.

2Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
3 Ordinary shares of £1 each	3	3