Company Registration No. 08712911 (England and Wales)
ATHENA STAMPS LIMITED
Unaudited accounts
for the year ended 31 October 2023
ATHENA STAMPS LIMITED
Unaudited accounts
Contents
ATHENA STAMPS LIMITED
Company Information
for the year ended 31 October 2023
Company Number
08712911 (England and Wales)
Registered Office
Suite 4, Unit 1 Meadows View
Rhosddu Industrial Estate
Wrexham
LL11 4YL
Accountants
Accounts and Returns Ltd
26 Smith St
Warwick
CV34 4HS
ATHENA STAMPS LIMITED
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
6,652
3,692
Creditors: amounts falling due within one year
(7,598)
(10,921)
Net current (liabilities)/assets
(760)
14,923
Total assets less current liabilities
(586)
15,175
Creditors: amounts falling due after more than one year
(35,257)
(36,561)
Net liabilities
(35,843)
(21,386)
Called up share capital
1
1
Profit and loss account
(35,844)
(21,387)
Shareholders' funds
(35,843)
(21,386)
For the year ending 31 October 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 8 March 2024 and were signed on its behalf by
Jennifer Morsby
Director
Company Registration No. 08712911
ATHENA STAMPS LIMITED
Notes to the Accounts
for the year ended 31 October 2023
ATHENA STAMPS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08712911. The registered office is Suite 4, Unit 1 Meadows View, Rhosddu Industrial Estate, Wrexham, LL11 4YL.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Management have carried out an assessment of going concern which is at least but not limited to 12 months from the date the financial statements are authorised for issue. It is considered that although the company has been affected by Covid-19, management have deemed that company fully intends to continue trading for the foreseeable future.
ATHENA STAMPS LIMITED
Notes to the Accounts
for the year ended 31 October 2023
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Accrued income and prepayments
36
36
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
1,409
3,944
Taxes and social security
4,611
5,553
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
35,257
36,561
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
ATHENA STAMPS LIMITED
Notes to the Accounts
for the year ended 31 October 2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan 0% interest, on demand
19,548
6,328
25,726
150
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).