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Company Registration No. 12443746 (England and Wales)
ATS Construction Limited Unaudited accounts for the year ended 28 February 2023
ATS Construction Limited Unaudited accounts Contents
Page
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ATS Construction Limited Company Information for the year ended 28 February 2023
Directors
Adam James Mainwaring Steven Ray Norman Trevor William Robinson
Company Number
12443746 (England and Wales)
Registered Office
10 Duncan Road Alsager Stoke-on-Trent Staffordshire ST7 2FG GBR
Accountants
James Accountancy Services Ltd 3 Waterloo Grove Kidsgrove Stoke-on-Trent Staffordshire ST7 4SY
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ATS Construction Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
25,690 
13,260 
Current assets
Inventories
8,800 
5,200 
Debtors
54,179 
23,713 
Cash at bank and in hand
148,518 
89,317 
211,497 
118,230 
Creditors: amounts falling due within one year
(93,706)
(62,150)
Net current assets
117,791 
56,080 
Total assets less current liabilities
143,481 
69,340 
Provisions for liabilities
Deferred tax
(4,881)
(2,519)
Net assets
138,600 
66,821 
Capital and reserves
Called up share capital
120 
120 
Profit and loss account
138,480 
66,701 
Shareholders' funds
138,600 
66,821 
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 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 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 of Directors and authorised for issue on 18 August 2023 and were signed on its behalf by
Adam James Mainwaring Director Company Registration No. 12443746
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ATS Construction Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
ATS Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 12443746. The registered office is 10 Duncan Road, Alsager, Stoke-on-Trent, Staffordshire, ST7 2FG, GBR.
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
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.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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 method.
Motor vehicles
20% reducing balance method.
Computer equipment
20% reducing balance method.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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ATS Construction Limited Notes to the Accounts for the year ended 28 February 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2022
1,515 
16,450 
708 
18,673 
Additions
1,328 
19,500 
415 
21,243 
Disposals
- 
(8,000)
- 
(8,000)
At 28 February 2023
2,843 
27,950 
1,123 
31,916 
Depreciation
At 1 March 2022
555 
4,600 
258 
5,413 
Charge for the year
328 
2,600 
135 
3,063 
On disposals
- 
(2,250)
- 
(2,250)
At 28 February 2023
883 
4,950 
393 
6,226 
Net book value
At 28 February 2023
1,960 
23,000 
730 
25,690 
At 28 February 2022
960 
11,850 
450 
13,260 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
1,231 
1,464 
Trade debtors
52,948 
22,249 
54,179 
23,713 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
21,755 
4,896 
Taxes and social security
70,932 
46,367 
Loans from directors
269 
10,287 
Accruals
750 
600 
93,706 
62,150 
7
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
4,881 
2,519 
2023 
2022 
£ 
£ 
Provision at start of year
2,519 
3,154 
Charged/(credited) to the profit and loss account
2,362 
(635)
Provision at end of year
4,881 
2,519 
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ATS Construction Limited Notes to the Accounts for the year ended 28 February 2023
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
120 Ordinary shares of £1 each
120 
120 
9
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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