IRIS Accounts Production v23.2.0.158 13229985 Board of Directors 1.3.22 28.2.23 28.2.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure132299852022-02-28132299852023-02-28132299852022-03-012023-02-28132299852021-02-25132299852021-02-262022-02-28132299852022-02-2813229985ns16:EnglandWales2022-03-012023-02-2813229985ns15:PoundSterling2022-03-012023-02-2813229985ns11:Director12022-03-012023-02-2813229985ns11:PrivateLimitedCompanyLtd2022-03-012023-02-2813229985ns11:SmallEntities2022-03-012023-02-2813229985ns11:AuditExempt-NoAccountantsReport2022-03-012023-02-2813229985ns11:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2813229985ns11:SmallCompaniesRegimeForAccounts2022-03-012023-02-2813229985ns11:FullAccounts2022-03-012023-02-2813229985ns11:OrdinaryShareClass12022-03-012023-02-2813229985ns11:Director22022-03-012023-02-2813229985ns11:RegisteredOffice2022-03-012023-02-2813229985ns6:CurrentFinancialInstruments2023-02-2813229985ns6:CurrentFinancialInstruments2022-02-2813229985ns6:ShareCapital2023-02-2813229985ns6:ShareCapital2022-02-2813229985ns6:RetainedEarningsAccumulatedLosses2023-02-2813229985ns6:RetainedEarningsAccumulatedLosses2022-02-2813229985ns6:FurnitureFittings2022-03-012023-02-2813229985ns6:ComputerEquipment2022-03-012023-02-2813229985ns6:FurnitureFittings2022-02-2813229985ns6:ComputerEquipment2022-02-2813229985ns6:FurnitureFittings2023-02-2813229985ns6:ComputerEquipment2023-02-2813229985ns6:FurnitureFittings2022-02-2813229985ns6:ComputerEquipment2022-02-2813229985ns6:WithinOneYearns6:CurrentFinancialInstruments2023-02-2813229985ns6:WithinOneYearns6:CurrentFinancialInstruments2022-02-2813229985ns11:OrdinaryShareClass12023-02-28
REGISTERED NUMBER: 13229985 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

ATELIER 97 LTD

ATELIER 97 LTD (REGISTERED NUMBER: 13229985)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ATELIER 97 LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTORS: H R Chizlett
Mrs S R R Chizlett





REGISTERED OFFICE: 10 Allens Croft
Marchington
Uttoxeter
Staffordshire
ST14 8PX





REGISTERED NUMBER: 13229985 (England and Wales)





ACCOUNTANTS: Philip Barnes & Co Limited
Chartered Accountants
The Old Council Chambers
Halford Street
Tamworth
Staffordshire
B79 7RB

ATELIER 97 LTD (REGISTERED NUMBER: 13229985)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,562 539

CURRENT ASSETS
Debtors 5 7,512 9,965
Cash at bank 25,524 20,052
33,036 30,017
CREDITORS
Amounts falling due within one year 6 20,387 10,487
NET CURRENT ASSETS 12,649 19,530
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,211

20,069

PROVISIONS FOR LIABILITIES 386 133
NET ASSETS 13,825 19,936

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 13,725 19,836
SHAREHOLDERS' FUNDS 13,825 19,936

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

ATELIER 97 LTD (REGISTERED NUMBER: 13229985)

BALANCE SHEET - continued
28 FEBRUARY 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2023 and were signed on its behalf by:





H R Chizlett - Director


ATELIER 97 LTD (REGISTERED NUMBER: 13229985)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1. STATUTORY INFORMATION

ATELIER 97 Ltd 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 significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% reducing balance
Computer equipment - 33% reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 year 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.

3. EMPLOYEES

The average number of employees during the year was 1 (2022 - 1 ) .

ATELIER 97 LTD (REGISTERED NUMBER: 13229985)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2022 227 400 627
Additions 115 1,206 1,321
At 28 February 2023 342 1,606 1,948
DEPRECIATION
At 1 March 2022 13 75 88
Charge for year 35 263 298
At 28 February 2023 48 338 386
NET BOOK VALUE
At 28 February 2023 294 1,268 1,562
At 28 February 2022 214 325 539

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 6,843 9,701
Other debtors 669 264
7,512 9,965

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 10,021 9,205
Other creditors 10,366 1,282
20,387 10,487

7. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2023 2022
value: £    £   
100 Share capital 1 £1 100 100

ATELIER 97 LTD (REGISTERED NUMBER: 13229985)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

8. RELATED PARTY DISCLOSURES

Transactions with key management personnel:
20232022
££
Amount due to related party9,358322