Company Registration No. 12393597 (England and Wales)
Atcha Optical Services Limited
Unaudited financial statements
for the year ended 31 January 2024
Atcha Optical Services Limited
Unaudited financial statements
Contents
Atcha Optical Services Limited
Company Information
for the year ended 31 January 2024
Company Number
12393597 (England and Wales)
Registered Office
97 Auburn Street
Bolton
BL3 6UE
Atcha Optical Services Limited
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
31,532
37,925
Creditors: amounts falling due within one year
(34,018)
(37,746)
Net current assets
14,964
3,854
Called up share capital
100
100
Profit and loss account
14,864
3,754
Shareholders' funds
14,964
3,854
For the year ending 31 January 2024 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 29 August 2024 and were signed on its behalf by
Mr A Atcha
Director
Company Registration No. 12393597
Atcha Optical Services Limited
Notes to the Accounts
for the year ended 31 January 2024
Atcha Optical Services Limited is a private company, limited by shares, registered in England and Wales, registration number 12393597. The registered office is 97 Auburn Street, Bolton, BL3 6UE.
2
Compliance with accounting standards
These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, and other sales taxes.
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
These financial statements have been drawn up on the going concern basis. If the going concern basis were not appropriate, adjustments would have been made to reduce assets to recoverable amounts, to provide for any further liabilities that might arise, and to re-classify fixed assets as current assets and long term liabilities as current liabilities.
The tax expense represents the tax currently payable. This based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
Amounts falling due within one year
5
Investments held as current assets
2024
2023
Unlisted investments
10,000
-
Atcha Optical Services Limited
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
8,235
6,848
Loans from directors
25,063
30,882
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
The ultimate controlling party is Mr A Atcha, a director and shareholder of the company.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).