Registration number:
Unaudited Abbreviated Accounts
for the Period from
MacMahon Leggate
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Topgate Trading Limited
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The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 5 ) have been prepared.
Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Topgate Trading Limited
for the Period Ended 31 December 2014
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Topgate Trading Limited for the period ended 31 December 2014 set out on pages from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW) , we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook .
This report is made solely to the Board of Directors of Topgate Trading Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Topgate Trading Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Topgate Trading Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Topgate Trading Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Topgate Trading Limited. You consider that Topgate Trading Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Topgate Trading Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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MacMahon Leggate
Chartered Accountants
Charter House
18-20 Finsley Gate
Burnley
Lancashire
BB11 2HA
30 September 2015
Topgate Trading Limited
(Registration number: 03222545)
Abbreviated Balance Sheet at 31 December 2014
Note |
31 December 2014
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30 June 2014
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current liabilities |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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Provisions for liabilities |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Share premium account |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
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Mr M Aslam
Director
2
Topgate Trading Limited
Notes to the Abbreviated Accounts for the Period from 1 July 2014 to 31 December 2014
......... continued
Accounting policies |
Basis of preparation
Turnover
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Land and buildings |
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Plant and machinery |
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Motor vehicles |
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Deferred tax
Hire purchase and leasing
Financial instruments
Topgate Trading Limited
Notes to the Abbreviated Accounts for the Period from 1 July 2014 to 31 December 2014
......... continued
Fixed assets |
Tangible assets
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Total
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Cost |
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At 1 July 2014 |
517,637 |
517,637 |
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Additions |
16,295 |
16,295 |
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At 31 December 2014 |
533,932 |
533,932 |
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Depreciation |
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At 1 July 2014 |
114,179 |
114,179 |
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Charge for the period |
6,678 |
6,678 |
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At 31 December 2014 |
120,857 |
120,857 |
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Net book value |
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At 31 December 2014 |
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At 30 June 2014 |
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Creditors |
Creditors includes the following liabilities, on which security has been given by the company:
31 December 2014
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30 June 2014
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Amounts falling due within one year |
28,199 |
27,585 |
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Amounts falling due after more than one year |
141,248 |
140,075 |
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Total secured creditors |
169,447 |
167,661 |
Included in the creditors are the following amounts due after more than five years:
31 December 2014
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30 June 2014
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After more than five years by instalments |
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Topgate Trading Limited
Notes to the Abbreviated Accounts for the Period from 1 July 2014 to 31 December 2014
......... continued
Share capital |
Allotted, called up and fully paid shares
31 December 2014 |
30 June 2014 |
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No. |
£ |
No. |
£ |
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