IRIS Accounts Production v24.1.4.33 10886712 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh108867122022-12-31108867122023-12-31108867122023-01-012023-12-31108867122021-07-31108867122021-08-012022-12-31108867122022-12-3110886712ns15:EnglandWales2023-01-012023-12-3110886712ns14:PoundSterling2023-01-012023-12-3110886712ns10:Director12023-01-012023-12-3110886712ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3110886712ns10:SmallEntities2023-01-012023-12-3110886712ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3110886712ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3110886712ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3110886712ns10:FullAccounts2023-01-012023-12-3110886712ns5:Associate12023-01-012023-12-3110886712ns5:Associate22023-01-012023-12-3110886712ns10:Director22023-01-012023-12-3110886712ns10:RegisteredOffice2023-01-012023-12-3110886712ns5:CurrentFinancialInstruments2023-12-3110886712ns5:CurrentFinancialInstruments2022-12-3110886712ns5:Non-currentFinancialInstruments2023-12-3110886712ns5:Non-currentFinancialInstruments2022-12-3110886712ns5:ShareCapital2023-12-3110886712ns5:ShareCapital2022-12-3110886712ns5:RetainedEarningsAccumulatedLosses2023-12-3110886712ns5:RetainedEarningsAccumulatedLosses2022-12-3110886712ns5:PlantMachinery2023-01-012023-12-3110886712ns5:PlantMachinery2022-12-3110886712ns5:PlantMachinery2023-12-3110886712ns5:PlantMachinery2022-12-3110886712ns5:CostValuation2022-12-3110886712ns5:AdditionsToInvestments2023-12-3110886712ns5:CostValuation2023-12-31108867121ns5:Associate12023-01-012023-12-3110886712ns5:Associate232023-01-012023-12-3110886712ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3110886712ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3110886712ns5:Non-currentFinancialInstruments2023-01-012023-12-3110886712ns5:DeferredTaxation2022-12-3110886712ns5:DeferredTaxation2023-01-012023-12-3110886712ns5:DeferredTaxation2023-12-31
REGISTERED NUMBER: 10886712 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ATLAS CLEVER CONSULTANTS LIMITED

ATLAS CLEVER CONSULTANTS LIMITED (REGISTERED NUMBER: 10886712)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ATLAS CLEVER CONSULTANTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Mr A J B Tribe
Ms C C Frutier





REGISTERED OFFICE: Larch House
Parklands Business Park
Denmead
Hampshire
PO7 6XP





REGISTERED NUMBER: 10886712 (England and Wales)





ACCOUNTANTS: Gibson Whitter
Chartered Accountants
and Chartered Tax Advisers
Larch House
Parklands Business Park
Denmead
Hampshire
PO7 6XP

ATLAS CLEVER CONSULTANTS LIMITED (REGISTERED NUMBER: 10886712)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,582 1,466
Investments 5 172,615 172,613
174,197 174,079

CURRENT ASSETS
Debtors 6 65,248 129,753
Cash at bank 617,061 34,101
682,309 163,854
CREDITORS
Amounts falling due within one year 7 331,496 250,809
NET CURRENT ASSETS/(LIABILITIES) 350,813 (86,955 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

525,010

87,124

CREDITORS
Amounts falling due after more than one
year

8

(11,945

)

(17,954

)

PROVISIONS FOR LIABILITIES 9 (396 ) (279 )
NET ASSETS 512,669 68,891

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 512,668 68,890
512,669 68,891

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ATLAS CLEVER CONSULTANTS LIMITED (REGISTERED NUMBER: 10886712)

BALANCE SHEET - continued
31 DECEMBER 2023


The 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.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 5 August 2024 and were signed on its behalf by:





Mr A J B Tribe - Director


ATLAS CLEVER CONSULTANTS LIMITED (REGISTERED NUMBER: 10886712)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Atlas Clever Consultants Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

ATLAS CLEVER CONSULTANTS LIMITED (REGISTERED NUMBER: 10886712)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 8,504
Additions 840
At 31 December 2023 9,344
DEPRECIATION
At 1 January 2023 7,038
Charge for year 724
At 31 December 2023 7,762
NET BOOK VALUE
At 31 December 2023 1,582
At 31 December 2022 1,466

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023 172,613
Additions 2
At 31 December 2023 172,615
NET BOOK VALUE
At 31 December 2023 172,615
At 31 December 2022 172,613

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Associated companies

IMIG UK Ltd
Registered office: Larch House, Parklands Business Park, Denmead, Hampshire PO7 6XP
Nature of business: Management Consultancy
%
Class of shares: holding
Ordinary 80.00

PAKT3D Ltd
Registered office: Tylers Green, Weycombe Road, Haslemere, England, GU27 1EL
Nature of business: Engineering design activities
%
Class of shares: holding
Ordinary 50.00

ATLAS CLEVER CONSULTANTS LIMITED (REGISTERED NUMBER: 10886712)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors - 103,084
Other debtors 65,248 26,669
65,248 129,753

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 6,009 5,861
Trade creditors 1,067 -
Taxation and social security 100,010 15,446
Other creditors 224,410 229,502
331,496 250,809

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 11,945 17,954

Bank loan represents a Bounce Back loan.

9. PROVISIONS FOR LIABILITIES
31.12.23 31.12.22
£    £   
Deferred tax 396 279

Deferred
tax
£   
Balance at 1 January 2023 279
Charge to Income Statement during year 117
Balance at 31 December 2023 396

10. RELATED PARTY DISCLOSURES

The aggregate amount owed by the directors at the balance sheet date was £38,601 (31.12.22: owed to the directors: £896).

The aggregate amount owed to connected companies at the balance sheet date is £196,512 (31.12.22: £187,986).

During the year the company made sales to connected companies totalling £15,000 (31.12.22: £7,500).

The company has been invoiced by connected companies in the year for consultancy totalling £1,534,401 (31.12.22: £66,360).

ATLAS CLEVER CONSULTANTS LIMITED (REGISTERED NUMBER: 10886712)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

11. ULTIMATE CONTROLLING PARTY

The controlling party is Mr A J B Tribe.