1 November 2022 false No description of principal activity Taxfiler 2023.14 true 08712911business:PrivateLimitedCompanyLtd2022-11-012023-10-31 087129112022-10-31 087129112022-11-012023-10-31 08712911business:AuditExemptWithAccountantsReport2022-11-012023-10-31 08712911business:FilletedAccounts2022-11-012023-10-31 087129112023-10-31 08712911business:Director12022-11-012023-10-31 08712911business:CompanySecretary12022-11-012023-10-31 08712911business:RegisteredOffice2022-11-012023-10-31 087129112022-10-31 08712911core:WithinOneYear2023-10-31 08712911core:WithinOneYear2022-10-31 08712911core:AfterOneYear2023-10-31 08712911core:AfterOneYear2022-10-31 08712911core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 08712911core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 08712911core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 08712911core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 08712911core:PreviouslyStatedAmount2023-10-31 08712911core:PreviouslyStatedAmount2022-10-31 08712911business:SmallEntities2022-11-012023-10-31 08712911countries:EnglandWales2022-11-012023-10-31 08712911core:PlantMachinery2022-11-012023-10-31 08712911core:PlantMachinery2022-10-31 08712911core:PlantMachinery2023-10-31 08712911business:OrdinaryShareClass12022-11-012023-10-31 08712911business:OrdinaryShareClass12021-11-012022-10-31 08712911business:Director112022-11-012023-10-31 08712911business:Director112022-10-31 08712911business:Director112023-10-31 087129112021-11-012022-10-31 iso4217:GBP xbrli:shares xbrli:pure
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
Page
- 2 -
ATHENA STAMPS LIMITED Company Information for the year ended 31 October 2023
Director
Jennifer Morsby
Secretary
Jennifer Morsby
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
- 3 -
ATHENA STAMPS LIMITED Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
174 
252 
Current assets
Inventories
- 
823 
Debtors
186 
21,329 
Cash at bank and in hand
6,652 
3,692 
6,838 
25,844 
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)
Capital and reserves
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
- 4 -
ATHENA STAMPS LIMITED Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
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.
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.
Turnover
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
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.
Going concern
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.
- 5 -
ATHENA STAMPS LIMITED Notes to the Accounts for the year ended 31 October 2023
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 November 2022
749 
Disposals
(200)
At 31 October 2023
549 
Depreciation
At 1 November 2022
497 
Charge for the year
58 
On disposals
(180)
At 31 October 2023
375 
Net book value
At 31 October 2023
174 
At 31 October 2022
252 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,745 
Accrued income and prepayments
36 
36 
Other debtors
150 
19,548 
186 
21,329 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,578 
1,424 
Trade creditors
1,409 
3,944 
Taxes and social security
4,611 
5,553 
7,598 
10,921 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
35,257 
36,561 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
- 6 -
ATHENA STAMPS LIMITED Notes to the Accounts for the year ended 31 October 2023
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Jennifer Morsby
Loan 0% interest, on demand
19,548 
6,328 
25,726 
150 
19,548 
6,328 
25,726 
150 
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 7 -