IRIS Accounts Production v23.3.0.418 01819466 Board of Directors 1.11.21 31.3.23 31.3.23 true false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure018194662021-10-31018194662023-03-31018194662021-11-012023-03-31018194662020-10-31018194662020-11-012021-10-31018194662021-10-3101819466ns16:EnglandWales2021-11-012023-03-3101819466ns15:PoundSterling2021-11-012023-03-3101819466ns11:Director12021-11-012023-03-3101819466ns11:PrivateLimitedCompanyLtd2021-11-012023-03-3101819466ns11:SmallEntities2021-11-012023-03-3101819466ns11:AuditExempt-NoAccountantsReport2021-11-012023-03-3101819466ns11:SmallCompaniesRegimeForDirectorsReport2021-11-012023-03-3101819466ns11:SmallCompaniesRegimeForAccounts2021-11-012023-03-3101819466ns11:FullAccounts2021-11-012023-03-310181946612021-11-012023-03-3101819466ns11:Director22021-11-012023-03-3101819466ns11:RegisteredOffice2021-11-012023-03-3101819466ns6:CurrentFinancialInstruments2023-03-3101819466ns6:CurrentFinancialInstruments2021-10-3101819466ns6:Non-currentFinancialInstruments2023-03-3101819466ns6:Non-currentFinancialInstruments2021-10-3101819466ns6:ShareCapital2023-03-3101819466ns6:ShareCapital2021-10-3101819466ns6:RetainedEarningsAccumulatedLosses2023-03-3101819466ns6:RetainedEarningsAccumulatedLosses2021-10-3101819466ns6:IntangibleAssetsOtherThanGoodwill2021-11-012023-03-3101819466ns6:PatentsTrademarksLicencesConcessionsSimilar2021-11-012023-03-3101819466ns6:PlantMachinery2021-11-012023-03-3101819466ns6:IntangibleAssetsOtherThanGoodwill2021-10-3101819466ns6:IntangibleAssetsOtherThanGoodwill2023-03-3101819466ns6:IntangibleAssetsOtherThanGoodwill2021-10-3101819466ns6:LandBuildings2021-10-3101819466ns6:PlantMachinery2021-10-3101819466ns6:LandBuildings2021-11-012023-03-3101819466ns6:LandBuildings2023-03-3101819466ns6:PlantMachinery2023-03-3101819466ns6:LandBuildings2021-10-3101819466ns6:PlantMachinery2021-10-3101819466ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3101819466ns6:WithinOneYearns6:CurrentFinancialInstruments2021-10-3101819466ns6:MoreThanFiveYearsns6:Non-currentFinancialInstruments2023-03-3101819466ns6:MoreThanFiveYearsns6:Non-currentFinancialInstruments2021-10-3101819466ns6:Secured2023-03-3101819466ns6:Secured2021-10-31
REGISTERED NUMBER: 01819466 (England and Wales)















FINANCIAL STATEMENTS FOR THE PERIOD 1 NOVEMBER 2021 TO 31 MARCH 2023

FOR

A.T.O.M. LIMITED

A.T.O.M. LIMITED (REGISTERED NUMBER: 01819466)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 NOVEMBER 2021 TO 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A.T.O.M. LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 NOVEMBER 2021 TO 31 MARCH 2023







DIRECTORS: N P Mines
A Robinies





REGISTERED OFFICE: The Thorp Building
Whitmore Lane
Sunningdale Village
Ascot
Berkshire
SL5 0NS





REGISTERED NUMBER: 01819466 (England and Wales)





ACCOUNTANTS: Goddard & Co
Chartered Accountants
3 Church Street
Odiham, Hook
Hampshire
RG29 1LU

A.T.O.M. LIMITED (REGISTERED NUMBER: 01819466)

BALANCE SHEET
31 MARCH 2023

2023 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,656,538 1,468,094
1,656,538 1,468,094

CURRENT ASSETS
Stocks 118,682 81,682
Debtors 6 505,425 418,535
Cash at bank and in hand 22,640 365,739
646,747 865,956
CREDITORS
Amounts falling due within one year 7 391,342 453,088
NET CURRENT ASSETS 255,405 412,868
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,911,943

1,880,962

CREDITORS
Amounts falling due after more than one year 8 (1,214,114 ) (1,343,450 )

PROVISIONS FOR LIABILITIES (44,595 ) (114,835 )
NET ASSETS 653,234 422,677

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 653,133 422,576
SHAREHOLDERS' FUNDS 653,234 422,677

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 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.

A.T.O.M. LIMITED (REGISTERED NUMBER: 01819466)

BALANCE SHEET - continued
31 MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 11 October 2023 and were signed on its behalf by:





A Robinies - Director


A.T.O.M. LIMITED (REGISTERED NUMBER: 01819466)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 NOVEMBER 2021 TO 31 MARCH 2023

1. STATUTORY INFORMATION

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

The Directors continue to assess the effects on the company resulting from the effects of the COVID-19 Pandemic. The company has continued to mitigate the effects by claiming Job Retention Scheme payments and obtaining a Bounce-Back loan during the year. The Directors believe that the company will continue in operational existence for the foreseeable future and the financial statements are therefore prepared on a going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance, 20% on cost and 10% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

A.T.O.M. LIMITED (REGISTERED NUMBER: 01819466)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 NOVEMBER 2021 TO 31 MARCH 2023

2. ACCOUNTING POLICIES - continued

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 25 (2021 - 24 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 November 2021
and 31 March 2023 5,905
AMORTISATION
At 1 November 2021
and 31 March 2023 5,905
NET BOOK VALUE
At 31 March 2023 -
At 31 October 2021 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2021 1,372,347 403,635 1,775,982
Additions - 285,174 285,174
At 31 March 2023 1,372,347 688,809 2,061,156
DEPRECIATION
At 1 November 2021 - 307,888 307,888
Charge for period - 96,730 96,730
At 31 March 2023 - 404,618 404,618
NET BOOK VALUE
At 31 March 2023 1,372,347 284,191 1,656,538
At 31 October 2021 1,372,347 95,747 1,468,094

A.T.O.M. LIMITED (REGISTERED NUMBER: 01819466)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 NOVEMBER 2021 TO 31 MARCH 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2021
£    £   
Trade debtors 470,105 407,905
Other debtors 35,320 10,630
505,425 418,535

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2021
£    £   
Bank loans and overdrafts 113,454 73,549
Trade creditors 44,824 110,180
Taxation and social security 182,636 211,659
Other creditors 50,428 57,700
391,342 453,088

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2021
£    £   
Bank loans 964,114 1,093,450
Other creditors 250,000 250,000
1,214,114 1,343,450

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Preference shares 250,000 250,000

Repayable by instalments
Bank mortgage 580,509 659,846
Bank loans - 23,181
580,509 683,027

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2021
£    £   
Bank overdraft 39,905 -
Bank mortgage 837,663 917,000
877,568 917,000

The bank mortgage is secured by a fixed and floating charge on the property.

A.T.O.M. LIMITED (REGISTERED NUMBER: 01819466)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 NOVEMBER 2021 TO 31 MARCH 2023

10. OTHER FINANCIAL COMMITMENTS

The total amount of other financial commitments is £28,008 (2021 £28,008 ().