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REGISTERED NUMBER: 13894778 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

AT GROUP (SW) LTD

AT GROUP (SW) LTD (REGISTERED NUMBER: 13894778)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AT GROUP (SW) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: A Chapple
T G Claydon





REGISTERED OFFICE: 18 Speedwell Close
Newton Abbot
Devon
TQ12 1GN





REGISTERED NUMBER: 13894778 (England and Wales)





ACCOUNTANTS: Merlin Accountancy Services Ltd
2nd Floor
33 Longbrook Street
Exeter
Devon
EX4 6AW

AT GROUP (SW) LTD (REGISTERED NUMBER: 13894778)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 122,703 59,420

CURRENT ASSETS
Debtors 5 314,655 212,436
Cash at bank 303,673 21,400
618,328 233,836
CREDITORS
Amounts falling due within one year 6 266,352 105,252
NET CURRENT ASSETS 351,976 128,584
TOTAL ASSETS LESS CURRENT
LIABILITIES

474,679

188,004

CREDITORS
Amounts falling due after more than
one year

7

(88,927

)

(59,056

)

PROVISIONS FOR LIABILITIES 9 (30,676 ) (11,290 )
NET ASSETS 355,076 117,658

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 354,076 116,658
12 355,076 117,658

AT GROUP (SW) LTD (REGISTERED NUMBER: 13894778)

BALANCE SHEET - continued
29 FEBRUARY 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

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 by the Board of Directors and authorised for issue on 16 September 2024 and were signed on its behalf by:




A Chapple - Director



T G Claydon - Director


AT GROUP (SW) LTD (REGISTERED NUMBER: 13894778)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

AT Group (SW) Ltd 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

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.

AT GROUP (SW) LTD (REGISTERED NUMBER: 13894778)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2023 2,400 76,666 - 79,066
Additions 21,152 91,140 2,498 114,790
Disposals - (16,200 ) - (16,200 )
At 29 February 2024 23,552 151,606 2,498 177,656
DEPRECIATION
At 1 March 2023 480 19,166 - 19,646
Charge for year 4,612 34,120 625 39,357
Eliminated on disposal - (4,050 ) - (4,050 )
At 29 February 2024 5,092 49,236 625 54,953
NET BOOK VALUE
At 29 February 2024 18,460 102,370 1,873 122,703
At 28 February 2023 1,920 57,500 - 59,420

AT GROUP (SW) LTD (REGISTERED NUMBER: 13894778)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 March 2023 76,666
Additions 72,402
Disposals (16,200 )
At 29 February 2024 132,868
DEPRECIATION
At 1 March 2023 19,166
Charge for year 29,436
Eliminated on disposal (4,050 )
At 29 February 2024 44,552
NET BOOK VALUE
At 29 February 2024 88,316
At 28 February 2023 57,500

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2024 2023
£    £   
Trade debtors 261,345 194,961
Amounts recoverable on contract 23,315 3,549
Other debtors 29,995 13,926
314,655 212,436

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 21,497 12,251
Trade creditors 92,530 17,636
Taxation and social security 80,345 14,368
Other creditors 71,980 60,997
266,352 105,252

AT GROUP (SW) LTD (REGISTERED NUMBER: 13894778)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 88,927 59,056

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 110,424 71,307

The hire purchase debts are secured on the assets to which they relate.

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 30,676 11,290

Deferred
tax
£   
Balance at 1 March 2023 11,290
Charge to Income Statement during year 19,386
Balance at 29 February 2024 30,676

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £6,980 were paid to the directors .

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is not known.

AT GROUP (SW) LTD (REGISTERED NUMBER: 13894778)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

12. RECONCILIATION OF MOVEMENTS IN RESERVES
2024 2023
£    £   
Profit for the financial year 251,378 116,658
Dividends (13,960 ) -
New share capital subscribed - 1,000
Net addition to reserves 237,418 117,658
Opening reserves 117,658 -
Closing reserves 355,076 117,658