2022-09-01 2023-08-31 false Capium Accounts Production 1.1 11953781 bus:FullAccounts 2022-09-01 2023-08-31 11953781 bus:FRS102 2022-09-01 2023-08-31 11953781 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 11953781 bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 11953781 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 11953781 2022-09-01 2023-08-31 11953781 2023-08-31 11953781 bus:RegisteredOffice 2022-09-01 2023-08-31 11953781 core:WithinOneYear 2023-08-31 11953781 core:AfterOneYear 2023-08-31 11953781 bus:Director1 2022-09-01 2023-08-31 11953781 bus:Director1 2023-08-31 11953781 bus:Director1 2021-09-01 2022-08-31 11953781 2021-09-01 11953781 bus:CompanySecretary1 2022-09-01 2023-08-31 11953781 bus:LeadAgentIfApplicable 2022-09-01 2023-08-31 11953781 2021-09-01 2022-08-31 11953781 2022-08-31 11953781 core:WithinOneYear 2022-08-31 11953781 core:AfterOneYear 2022-08-31 11953781 bus:EntityAccountantsOrAuditors 2021-09-01 2022-08-31 11953781 core:PlantMachinery 2022-09-01 2023-08-31 11953781 core:PlantMachinery 2023-08-31 11953781 core:PlantMachinery 2022-08-31 11953781 core:FurnitureFittings 2022-09-01 2023-08-31 11953781 core:FurnitureFittings 2023-08-31 11953781 core:FurnitureFittings 2022-08-31 11953781 core:ComputerEquipment 2022-09-01 2023-08-31 11953781 core:ComputerEquipment 2023-08-31 11953781 core:ComputerEquipment 2022-08-31 11953781 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-08-31 11953781 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-08-31 11953781 core:CostValuation core:Non-currentFinancialInstruments 2023-08-31 11953781 core:CostValuation core:Non-currentFinancialInstruments 2022-08-31 11953781 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-08-31 11953781 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-08-31 11953781 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-08-31 11953781 core:Non-currentFinancialInstruments 2023-08-31 11953781 core:Non-currentFinancialInstruments 2022-08-31 11953781 core:ShareCapital 2023-08-31 11953781 core:ShareCapital 2022-08-31 11953781 core:RetainedEarningsAccumulatedLosses 2023-08-31 11953781 core:RetainedEarningsAccumulatedLosses 2022-08-31 11953781 dpl:Item1 2022-09-01 11953781 dpl:Item1 2023-08-31 11953781 dpl:Item1 2021-09-01 11953781 dpl:Item1 2022-08-31 iso4217:GBP xbrli:shares xbrli:pure
Logo On Report
Registered Number: 11953781


 

 

 

ATELIER001 LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 September 2022

End date: 31 August 2023
Director Eva Menz
Registered Number 11953781
Registered Office 10 Southam Street
London
W10 5PH
Accountants Ward Williams Creatives Limited
Belgrave House
39-43 Monument Hill
Weybridge
Surrey
KT13 8RN
1
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3 22,871    7,880 
22,871    7,880 
Current assets      
Stocks 4 25,923   
Debtors 5 148,070    36,991 
Cash at bank and in hand 105,975    136,637 
279,968    173,628 
Creditors: amount falling due within one year 6 (235,731)   (131,417)
Net current assets 44,237    42,211 
 
Total assets less current liabilities 67,108    50,091 
Creditors: amount falling due after more than one year 7 (39,273)   (39,946)
Provisions for liabilities 8 (5,718)   (1,497)
Net assets 22,117    8,648 
 

Capital and reserves
     
Called up share capital 1    1 
Profit and loss account 22,116    8,647 
Shareholder's funds 22,117    8,648 
 


For the year ended 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 09 April 2024 and were signed by:


-------------------------------
Eva Menz
Director
2
General Information
Atelier001 Ltd is a private company, limited by shares, registered in , registration number 11953781, registration address 10 Southam Street, London, W10 5PH.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 20% Straight Line
Fixtures and Fittings 20% Reducing Balance
Computer Equipment 25% Reducing Balance
2.

Average number of employees

Average number of employees during the year was 7 (2022 : 7).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Fixtures and Fittings   Computer Equipment   Total
  £   £   £   £
At 01 September 2022   938    9,666    10,604 
Additions 12,932    1,735    3,867    18,534 
Disposals      
At 31 August 2023 12,932    2,673    13,533    29,138 
Depreciation
At 01 September 2022   288    2,436    2,724 
Charge for year 1,424    191    1,928    3,543 
On disposals      
At 31 August 2023 1,424    479    4,364    6,267 
Net book values
Closing balance as at 31 August 2023 11,508    2,194    9,169    22,871 
Opening balance as at 01 September 2022   650    7,230    7,880 


4.

Stocks

2023
£
  2022
£
Stocks 25,923   
25,923   

5.

Debtors: amounts falling due within one year

2023
£
  2022
£
Trade Debtors   13,880 
Amount Owed by Group Undertakings (19,329)   (25,643)
Prepayments & Accrued Income 9,407    9,569 
Accrued Income 125,000   
Other Debtors 7,560    5,000 
Directors' Current Accounts 3,302    8,924 
VAT 22,130    25,261 
148,070    36,991 

6.

Creditors: amount falling due within one year

2023
£
  2022
£
Trade Creditors 53,280    88,914 
Bank Loans & Overdrafts (Secured) 5,516    5,516 
Corporation Tax 38,159    24,049 
PAYE & Social Security 11,070    12,589 
Accrued Expenses 125,000   
Other Creditors 2,706    349 
235,731    131,417 

7.

Creditors: amount falling due after more than one year

2023
£
  2022
£
Bank Loans & Overdrafts (secured) 39,273    39,946 
39,273    39,946 

8.

Provisions for liabilities

2023
£
  2022
£
Deferred Tax 5,718    1,497 
5,718    1,497 

9.

Director’s loan

Director's Current Account

Other debtors include £3,302 (2022: £8,924) due from the director of the company.
Other than the amounts disclosed above, no transaction with related parties were undertaken such as required to be disclosed under FRS 102.
Dividends totalling £72,000 (2022: £99,000) were paid in the year in respect of shares held by the company's director.
3