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Company Registration No. 09563729 (England and Wales)
Atlas Band Touring Ltd Unaudited accounts for the year ended 30 April 2023
Atlas Band Touring Ltd Unaudited accounts Contents
Page
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Atlas Band Touring Ltd Company Information for the year ended 30 April 2023
Director
Michael Griffiths
Company Number
09563729 (England and Wales)
Registered Office
Atlas Touring, Unit 8 Hill Court, Dunne Road Blaydon NE21 5NH
Accountants
Jack Bowden Haydon Accountancy Services Limited 33 Percy Crescent North Shields Tyne & Wear NE29 6HP
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Atlas Band Touring Ltd Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
1,152 
1,440 
Tangible assets
178,240 
69,695 
179,392 
71,135 
Current assets
Debtors
27,249 
24,655 
Cash at bank and in hand
912 
2,635 
28,161 
27,290 
Creditors: amounts falling due within one year
(21,667)
(10,564)
Net current assets
6,494 
16,726 
Total assets less current liabilities
185,886 
87,861 
Creditors: amounts falling due after more than one year
(143,354)
(87,171)
Net assets
42,532 
690 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
42,531 
689 
Shareholders' funds
42,532 
690 
For the year ending 30 April 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 19 September 2023 and were signed on its behalf by
Michael Griffiths Director Company Registration No. 09563729
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Atlas Band Touring Ltd Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
Atlas Band Touring Ltd is a private company, limited by shares, registered in England and Wales, registration number 09563729. The registered office is Atlas Touring, Unit 8, Hill Court, Dunne Road, Blaydon, NE21 5NH.
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.
3
Accounting policies
These financial statements for the year ended 30 April 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in note 10 below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
Other tangible fixed assets
20% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Atlas Band Touring Ltd Notes to the Accounts for the year ended 30 April 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2022
2,250 
At 30 April 2023
2,250 
Amortisation
At 1 May 2022
810 
Charge for the year
288 
At 30 April 2023
1,098 
Net book value
At 30 April 2023
1,152 
At 30 April 2022
1,440 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2022
4,991 
88,059 
4,753 
97,803 
Additions
955 
142,846 
1,277 
145,078 
Disposals
- 
(2,300)
- 
(2,300)
At 30 April 2023
5,946 
228,605 
6,030 
240,581 
Depreciation
At 1 May 2022
1,022 
25,738 
1,348 
28,108 
Charge for the year
985 
33,545 
936 
35,466 
On disposals
(111)
(1,122)
- 
(1,233)
At 30 April 2023
1,896 
58,161 
2,284 
62,341 
Net book value
At 30 April 2023
4,050 
170,444 
3,746 
178,240 
At 30 April 2022
3,969 
62,321 
3,405 
69,695 
2023 
2022 
£ 
£ 
Carrying amount of motor vehicles on cost basis
108,209 
- 
Motor Vehicles have been revalued at 30th April 2023. These had been significantly depreciated and this did not accurately depict the true value of the assets until they were revalued. The valuation was undertaken by director Mike Griffiths who was able to accurately assess a FMV of the fleet.
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Atlas Band Touring Ltd Notes to the Accounts for the year ended 30 April 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
(5,161)
(5,057)
Trade debtors
22,897 
13,219 
Accrued income and prepayments
2,983 
- 
Other debtors
6,530 
16,493 
27,249 
24,655 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
3,349 
Trade creditors
10,326 
2,580 
Taxes and social security
844 
209 
Other creditors
9,539 
4,267 
Accruals
958 
159 
21,667 
10,564 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
42,953 
47,220 
Obligations under finance leases and hire purchase contracts
100,401 
39,951 
143,354 
87,171 
9
Average number of employees
During the year the average number of employees was 4 (2022: 3).
10
Reconciliations on adoption of FRS 102
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