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Company Registration No. 11183296 (England and Wales)
Atomic Innovation Limited Unaudited accounts for the year ended 28 February 2023
Atomic Innovation Limited Unaudited accounts Contents
Page
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Atomic Innovation Limited Company Information for the year ended 28 February 2023
Directors
Tobias Daniel CLEMSON Micarla Anne SULLIVAN
Company Number
11183296 (England and Wales)
Registered Office
3rd Floor 86-90 Paul Street London EC2A 4NE
Accountants
Thriveworks Ltd 4a The Barns, Bulrushes Farm Coombe Hill Road East Grinstead West Sussex RH19 4LZ
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Atomic Innovation Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
17,205 
12,927 
Investments
28,000 
- 
45,205 
12,927 
Current assets
Debtors
34,140 
69,688 
Cash at bank and in hand
183,655 
344,250 
217,795 
413,938 
Creditors: amounts falling due within one year
(81,146)
(111,881)
Net current assets
136,649 
302,057 
Total assets less current liabilities
181,854 
314,984 
Creditors: amounts falling due after more than one year
(29,794)
(49,217)
Net assets
152,060 
265,767 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
151,960 
265,667 
Shareholders' funds
152,060 
265,767 
For the year ending 28 February 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 28 November 2023 and were signed on its behalf by
Tobias Daniel CLEMSON Director Company Registration No. 11183296
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Atomic Innovation Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Atomic Innovation Limited is a private company, limited by shares, registered in England and Wales, registration number 11183296. The registered office is 3rd Floor, 86-90 Paul Street, London, EC2A 4NE.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
7 years
Computer equipment
4 years
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2022
2,162 
16,676 
18,838 
Additions
- 
9,903 
9,903 
Disposals
- 
(909)
(909)
At 28 February 2023
2,162 
25,670 
27,832 
Depreciation
At 1 March 2022
232 
5,679 
5,911 
Charge for the year
308 
4,408 
4,716 
At 28 February 2023
540 
10,087 
10,627 
Net book value
At 28 February 2023
1,622 
15,583 
17,205 
At 28 February 2022
1,930 
10,997 
12,927 
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Atomic Innovation Limited Notes to the Accounts for the year ended 28 February 2023
5
Investments
Other investments 
£ 
Valuation at 1 March 2022
- 
Additions
28,000 
Valuation at 28 February 2023
28,000 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
1,948 
- 
Trade debtors
10,552 
24,570 
Accrued income and prepayments
21,640 
45,118 
34,140 
69,688 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,000 
- 
VAT
- 
17,675 
Trade creditors
16,543 
- 
Taxes and social security
26,476 
68,135 
Other creditors
653 
395 
Loans from directors
27,474 
15,526 
Accruals
- 
10,150 
81,146 
111,881 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
29,794 
49,217 
9
Average number of employees
During the year the average number of employees was 5 (2022: 3).
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