On Top Ltd - Accounts to registrar - small 17.1

REGISTERED NUMBER: 09155255 (England and Wales)

Financial Statements

for the Period

1 February 2016 to 31 July 2016

for

ON TOP LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J Zeff

Mr I E Zeff

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

09155255 (England and Wales)

ACCOUNTANTS:

Jeff Lermer & Associates

Chartered Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Investments

3

1

2

Investment property

4

185,805

-

185,806

2

CURRENT ASSETS

Debtors

5

33,049

69,154

Cash at bank

1,503

-

34,552

69,154

CREDITORS

Amounts falling due within one year

6

119,995

-

NET CURRENT (LIABILITIES)/ASSETS

(85,443

)

69,154

TOTAL ASSETS LESS CURRENT LIABILITIES

100,363

69,156

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

100,163

68,956

SHAREHOLDERS' FUNDS

100,363

69,156

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2016 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 of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the Board of Directors on 28 April 2017 and were signed on its behalf by:

Mrs J Zeff - Director

1.	STATUTORY INFORMATION

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

Turnover

Turnover represents net rental income recieved.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit

arising from changes in fair value is recognised in profit or loss.

3.	FIXED ASSET INVESTMENTS

Other

investme

£

COST

At 1 February 2016

2

Disposals

(1

)

At 31 July 2016

1

NET BOOK VALUE

At 31 July 2016

1

At 31 January 2016

2

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

185,805

At 31 July 2016

185,805

NET BOOK VALUE

At 31 July 2016

185,805

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.16

31.1.16

£

£

Other debtors

33,049

69,154

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.16

31.1.16

£

£

Bank loans and overdrafts

119,995

-

7.	RELATED PARTY DISCLOSURES

At the balance sheet date, the director owed the company £33,048 (2015: 66,154) and this

was repaid within nine months of the year end.