Company Registration No. 12234575 (England and Wales)
ATLAS PROPERTY SOLUTIONS LIMITED
Unaudited accounts
for the year ended 30 September 2023
ATLAS PROPERTY SOLUTIONS LIMITED
Unaudited accounts
Contents
ATLAS PROPERTY SOLUTIONS LIMITED
Statement of financial position
as at 30 September 2023
Tangible assets
4,143
5,053
Cash at bank and in hand
32,758
30,641
Creditors: amounts falling due within one year
(12,006)
(18,190)
Net current assets
25,897
35,486
Total assets less current liabilities
30,040
40,539
Creditors: amounts falling due after more than one year
(616)
(765)
Called up share capital
10
10
Profit and loss account
29,414
39,764
Shareholders' funds
29,424
39,774
For the year ending 30 September 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 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 15 November 2023 and were signed on its behalf by
Hussain Patel
Director
Company Registration No. 12234575
ATLAS PROPERTY SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 30 September 2023
ATLAS PROPERTY SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12234575. The registered office is 49-A SEYMOUR GARDENS, ILFORD, IG1 3LP, ENGLAND.
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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.
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
18% reducing balance method
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.
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Tangible fixed assets
Plant & machinery
At 30 September 2023
9,170
At 30 September 2023
5,027
At 30 September 2023
4,143
At 30 September 2022
5,053
ATLAS PROPERTY SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 30 September 2023
Amounts falling due within one year
Trade debtors
3,649
21,275
Accrued income and prepayments
1,496
798
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Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
494
167
Taxes and social security
6,345
8,351
Other creditors
4,687
9,192
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).