Year Ended
Registration number:
ATP Holdings Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
ATP Holdings Limited
Company Information
Directors |
Mr A Trump Mrs J Trump |
Company secretary |
Mrs J Trump |
Registered office |
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Accountants |
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ATP Holdings Limited
Balance Sheet
30 November 2023
Note |
2023 |
2022 |
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Fixed assets |
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Investment property |
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Investments |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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( |
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Net current liabilities |
( |
( |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
( |
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Provisions for liabilities |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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ATP Holdings Limited
Balance Sheet
30 November 2023
For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
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Company Registration Number: 04194059
ATP Holdings Limited
Notes to the Unaudited Financial Statements
Year Ended 30 November 2023
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
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 Section 1A, "FRS 102" and the Companies Act 2006. There is no material departures from FRS 102.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The financial statment are presented in pounds sterling.
Group accounts not prepared
Going concern
The financial statements have been prepared on a going concern basis.
Revenue recognition
Turnover represents amounts chargeable in respect of rental amounts receivable during the year, exclusive of Value Added Tax.
Tax
Tax is recognised in the profit or loss, calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
ATP Holdings Limited
Notes to the Unaudited Financial Statements
Year Ended 30 November 2023
Investment property
Deferred tax is recognised on all timing differences between the carrying value of properties' and their base cost at the balance sheet date. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
Financial instruments
Classification
• Short term trade and other debtors and creditors;
• Bank loans;
• Cash and bank balances; and
• Informal inter-company loans.
All financial instruments are classified as basic.
Recognition and measurement
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.
Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.
The exception to this is bank loans, these are initially measured at transaction price, including transaction costs, and are subsequently carried at amortised cost using the effective interest method.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
ATP Holdings Limited
Notes to the Unaudited Financial Statements
Year Ended 30 November 2023
Investment properties |
2023 |
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At 1 December |
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Disposals |
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At 30 November |
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Investments |
2023 |
2022 |
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Investments in subsidiaries |
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Investments in joint ventures |
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Joint ventures |
£ |
Cost and carrying value |
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At 1 December 2022 |
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Drawings |
( |
Share of profit for the year |
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Capital introduced |
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At 30 November 2023 |
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Details of undertakings
The company holds the entire called up share capital of Urbanbridge Limited (company number: 04191281) and is party to an unincorporated joint venture. The relevant address for both of these is the company's registered office as disclosed in note 1.
Debtors |
2023 |
2022 |
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Trade debtors |
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Prepayments |
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ATP Holdings Limited
Notes to the Unaudited Financial Statements
Year Ended 30 November 2023
Creditors |
Creditors: amounts falling due within one year
2023 |
2022 |
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Due within one year |
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Bank loans |
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Trade creditors |
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Amounts due to group undertakings |
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Other creditors |
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Accrued expenses |
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Corporation tax |
65,062 |
37,583 |
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Bank borrowings are secured on all assets of the company by way of fixed and floating charges.
Creditors: amounts falling due after more than one year
2023 |
2022 |
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Due after one year |
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Loans and borrowings |
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Parent and ultimate parent undertaking |
The company's immediate parent is
The ultimate parent is
The ultimate controlling party is
Reserves |
Included within the profit and loss account is £2,752,865 (2022: £2,796,985) relating to unrealised revaluation gains on investment properties.
Share capital |
Allotted, called up and fully paid shares
2023 |
2022 |
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No. |
£ |
No. |
£ |
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1 |
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1 |