Company Registration No. 12189065 (England and Wales)
Attica Bespoke Ltd
Unaudited accounts
for the year ended 30 September 2021
Attica Bespoke Ltd
Unaudited accounts
Contents
Attica Bespoke Ltd
Statement of financial position
as at 30 September 2021
Tangible assets
3,246
3,705
Cash at bank and in hand
3,225
160
Creditors: amounts falling due within one year
(146,549)
(58,040)
Net current (liabilities)/assets
(89,083)
4,346
Total assets less current liabilities
(85,837)
8,051
Creditors: amounts falling due after more than one year
(39,167)
(47,645)
Net liabilities
(125,004)
(39,594)
Called up share capital
100
100
Profit and loss account
(125,104)
(39,694)
Shareholders' funds
(125,004)
(39,594)
For the year ending 30 September 2021 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 9 October 2023 and were signed on its behalf by
Mr D Green
Director
Company Registration No. 12189065
Attica Bespoke Ltd
Notes to the Accounts
for the year ended 30 September 2021
Attica Bespoke Ltd is a private company, limited by shares, registered in England and Wales, registration number 12189065. The registered office is Koraleigh Station Road, Gedney Hill, Spalding, England, PE12 0NP.
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Government grants included within other operating income are reported under the accrual model as a 'revenue based' grant. They are recognised in the period in which it becomes receivable.
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its
expected useful life, as follows:
Plant & machinery
20% on written down value
Motor vehicles
25% on written down value
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Attica Bespoke Ltd
Notes to the Accounts
for the year ended 30 September 2021
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Contributions to defined contribution plans are expensed in the period to which they relate.
3
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 October 2020
-
4,940
4,940
At 30 September 2021
519
4,940
5,459
At 1 October 2020
-
1,235
1,235
Charge for the year
52
926
978
At 30 September 2021
52
2,161
2,213
At 30 September 2021
467
2,779
3,246
At 30 September 2020
-
3,705
3,705
Amounts falling due within one year
Trade debtors
2,285
18,123
Other debtors
51,956
44,103
5
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
10,000
2,355
Trade creditors
14,815
12,267
Taxes and social security
63,549
18,888
Other creditors
20,340
2,254
Attica Bespoke Ltd
Notes to the Accounts
for the year ended 30 September 2021
6
Creditors: amounts falling due after more than one year
2021
2020
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan
44,103
27,386
32,276
39,213
44,103
27,386
32,276
39,213
8
Average number of employees
During the year the average number of employees was 6 (2020: 6).