Company Registration No. 12591710 (England and Wales)
A1T1 Ltd
Unaudited accounts
for the year ended 30 June 2023
A1T1 Ltd
Unaudited accounts
Contents
A1T1 Ltd
Company Information
for the year ended 30 June 2023
Directors
Justina Tartilaite
Frederick John Wingfield Digby
Sun-Hee Park
Company Number
12591710 (England and Wales)
Registered Office
1 Lyric Square
London
W6 0NB
England
Accountants
ABR Chartered Accountants
2-4 Eastern Road
St Georges House
Romford
RM1 3PJ
A1T1 Ltd
Statement of financial position
as at 30 June 2023
Debtors
2,621,095
2,864,386
Cash at bank and in hand
2,508,029
451,504
Creditors: amounts falling due within one year
(5,051,440)
(3,386,645)
Net current assets/(liabilities)
77,684
(70,755)
Net assets/(liabilities)
77,684
(70,755)
Called up share capital
2
2
Profit and loss account
77,682
(70,757)
Shareholders' funds
77,684
(70,755)
For the year ending 30 June 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 8 March 2024 and were signed on its behalf by
Frederick John Wingfield Digby
Director
Company Registration No. 12591710
A1T1 Ltd
Notes to the Accounts
for the year ended 30 June 2023
A1T1 Ltd is a private company, limited by shares, registered in England and Wales, registration number 12591710. The registered office is 1 Lyric Square, London, W6 0NB, England.
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.
Amounts falling due within one year
Trade debtors
2,621,095
2,566,553
Amounts due from group undertakings etc.
-
297,833
5
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
53,368
-
Other creditors
4,659,880
3,169,972
Loans from directors
-
952
Deferred income
338,192
205,538
6
Transactions with related parties
Adsum Finance Ltd is a related party due to the composition of the shareholders. As a result of intercompany transactions, the total amount owed to Adsum Finance Ltd is £37,017(2022: £78,612).
Adsum Technologies Ltd is a related party as it is a parent company of. As a result of intercompany transactions, the total amount owed from Adsum Technologies Ltd is £16,350 (2022: £376,488).
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).