Company Registration No. 13230125 (England and Wales)
ATGAS Limited
Unaudited accounts
for the year ended 31 January 2023
ATGAS Limited
Unaudited accounts
Contents
ATGAS Limited
Company Information
for the year ended 31 January 2023
Directors
Marc Robert Crosbie
Nicola Elena Matterson
Company Number
13230125 (England and Wales)
Registered Office
FIRST FLOOR,
85 GREAT PORTLAND STREET
LONDON
W1W 7LT
ENGLAND
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
ATGAS Limited
Accountants' report
Accountants' report to the board of directors of ATGAS Limited on the preparation of the unaudited statutory accounts for the year ended 31 January 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
ATGAS Limited for the year ended
31 January 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of ATGAS Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of ATGAS Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ATGAS Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that ATGAS 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 loss of ATGAS Limited. You consider that ATGAS Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of ATGAS 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.
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
27 June 2023
ATGAS Limited
Statement of financial position
as at 31 January 2023
Investment property
279,477
98,885
Cash at bank and in hand
2,126
3,093
Creditors: amounts falling due within one year
(242,800)
(117,015)
Net current liabilities
(236,296)
(113,472)
Total assets less current liabilities
43,181
(14,587)
Creditors: amounts falling due after more than one year
(72,354)
-
Net liabilities
(29,173)
(14,587)
Called up share capital
100
100
Profit and loss account
(29,273)
(14,687)
Shareholders' funds
(29,173)
(14,587)
For the year ending 31 January 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 17 October 2023 and were signed on its behalf by
Nicola Elena Matterson
Director
Company Registration No. 13230125
ATGAS Limited
Notes to the Accounts
for the year ended 31 January 2023
ATGAS Limited is a private company, limited by shares, registered in England and Wales, registration number 13230125. The registered office is FIRST FLOOR,, 85 GREAT PORTLAND STREET, LONDON, W1W 7LT, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 February 2022
98,885
Net gain from fair value adjustments
6,366
At 31 January 2023
279,477
Amounts falling due within one year
Accrued income and prepayments
4,378
450
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
114,200
-
Loans from directors
127,700
116,415
ATGAS Limited
Notes to the Accounts
for the year ended 31 January 2023
7
Creditors: amounts falling due after more than one year
2023
2022
Aggregate of amounts that fall due for payment after five years
72,354
-
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).