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REGISTERED NUMBER: 04658724 (England and Wales)







Unaudited Financial Statements

for the Year Ended 28 February 2023

for

Atomic Database Solutions Ltd

Atomic Database Solutions Ltd (Registered number: 04658724)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Atomic Database Solutions Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTOR: J C Baker





SECRETARY: Mrs D J Baker





REGISTERED OFFICE: 15 Pitlochry Close
Bristol
City of Bristol
BS7 0TU





REGISTERED NUMBER: 04658724 (England and Wales)





ACCOUNTANTS: Dunkley's
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
BS32 4JY

Atomic Database Solutions Ltd (Registered number: 04658724)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,911 478

CURRENT ASSETS
Debtors 5 61,156 61,611
Cash at bank 6,278 15,857
67,434 77,468
CREDITORS
Amounts falling due within one year 6 56,518 60,662
NET CURRENT ASSETS 10,916 16,806
TOTAL ASSETS LESS CURRENT LIABILITIES 12,827 17,284

CREDITORS
Amounts falling due after more than one year 7 (12,056 ) (17,011 )

PROVISIONS FOR LIABILITIES (363 ) (91 )
NET ASSETS 408 182

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 407 181
SHAREHOLDERS' FUNDS 408 182

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 director acknowledges his 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.

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 director and authorised for issue on 22 November 2023 and were signed by:




J C Baker - Director


Atomic Database Solutions Ltd (Registered number: 04658724)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Atomic Database Solutions 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.

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 - 20% on reducing balance
Computer equipment - 33.33% on cost

Taxation
Taxation for the year 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 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.

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 year was 1 (2022 - 1 ) .

Atomic Database Solutions Ltd (Registered number: 04658724)

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 596 11,024 11,620
Additions - 2,407 2,407
Disposals (596 ) (66 ) (662 )
At 28 February 2023 - 13,365 13,365
DEPRECIATION
At 1 March 2022 586 10,556 11,142
Charge for year 2 964 966
Eliminated on disposal (588 ) (66 ) (654 )
At 28 February 2023 - 11,454 11,454
NET BOOK VALUE
At 28 February 2023 - 1,911 1,911
At 28 February 2022 10 468 478

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 24,732 31,663
Other debtors - 1,000
Directors' current accounts 15,548 11,220
Tax 5,107 3,647
Accrued income 15,424 14,081
Prepayments 345 -
61,156 61,611

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 4,955 4,833
Other loans 6,162 -
Trade creditors 444 -
Tax 32,779 42,321
Social security and other taxes 5,388 3,681
VAT 4,652 6,104
Other creditors 338 1,668
Accrued expenses 1,800 2,055
56,518 60,662

Atomic Database Solutions Ltd (Registered number: 04658724)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans - 1-2 years 5,081 4,955
Bank loans - 2-5 years 6,975 12,056
12,056 17,011

8. SECURED DEBTS

The bank loan is secured by the government under the Bounce Back Loan Scheme

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
100 Ordinary £1 1 1

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2023 and 28 February 2022:

28.2.23 28.2.22
£    £   
J C Baker
Balance outstanding at start of year 11,221 -
Amounts advanced 20,669 11,393
Amounts repaid (16,342 ) (172 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 15,548 11,221

The Director's Loan is unsecured and repayable on demand. There is interest payable at 2% on the overdrawn balance.