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
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
Atomic Innovation Limited
Statement of financial position
as at 28 February 2023
Tangible assets
17,205
12,927
Cash at bank and in hand
183,655
344,250
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
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
Atomic Innovation Limited
Notes to the Accounts
for the year ended 28 February 2023
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.
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:
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
At 28 February 2023
2,162
25,670
27,832
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
At 28 February 2023
1,622
15,583
17,205
At 28 February 2022
1,930
10,997
12,927
Atomic Innovation Limited
Notes to the Accounts
for the year ended 28 February 2023
5
Investments
Other investments
Valuation at 1 March 2022
-
Valuation at 28 February 2023
28,000
Amounts falling due within one year
Trade debtors
10,552
24,570
Accrued income and prepayments
21,640
45,118
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,000
-
Taxes and social security
26,476
68,135
Loans from directors
27,474
15,526
8
Creditors: amounts falling due after more than one year
2023
2022
9
Average number of employees
During the year the average number of employees was 5 (2022: 3).