Registered number
06523043
Atlas Letting and Construction Ltd.
Filleted Accounts
31 March 2024
Apex Associates LLP
Accountants and Tax Consultants
Apex Chambers
58a Ilford Lane
Ilford
Essex
IG1 2JY
Atlas Letting and Construction Ltd.
Registered number: 06523043
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 57 72
Current assets
Debtors 4 13,066 36,822
Cash at bank and in hand 18,931 2,906
31,997 39,728
Creditors: amounts falling due within one year 5 (8,657) (3,789)
Net current assets 23,340 35,939
Total assets less current liabilities 23,397 36,011
Creditors: amounts falling due after more than one year 6 (22,500) (31,584)
Net assets 897 4,427
Capital and reserves
Called up share capital 2 2
Profit and loss account 895 4,425
Shareholders' funds 897 4,427
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Mumtaz Hussain
Director
Approved by the board on 17 September 2024
Atlas Letting and Construction Ltd.
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment 20% reducing balance method
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2023 1,282
At 31 March 2024 1,282
Depreciation
At 1 April 2023 1,210
Charge for the year 15
At 31 March 2024 1,225
Net book value
At 31 March 2024 57
At 31 March 2023 72
4 Debtors 2024 2023
£ £
Other debtors 13,066 36,822
5 Creditors: amounts falling due within one year 2024 2023
£ £
Accruals 1,500 1,500
Trade creditors 73 -
Net wages payable 2,429 -
Taxation and social security costs 4,655 2,289
8,657 3,789
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 22,500 31,584
7 Other information
Atlas Letting and Construction Ltd. is a private company limited by shares and incorporated in England. Its registered office is:
Temple Mills House
137 High Road
Leyton
E15 2DE
Atlas Letting and Construction Ltd. 06523043 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts April 2022 Mr Mumtaz Hussain No description of principal activity 06523043 2022-04-01 2023-03-31 06523043 core:WithinOneYear 2023-03-31 06523043 core:AfterOneYear 2023-03-31 06523043 core:ShareCapital 2023-03-31 06523043 core:RetainedEarningsAccumulatedLosses 2023-03-31 06523043 2023-04-01 2024-03-31 06523043 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06523043 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 06523043 bus:Director40 2023-04-01 2024-03-31 06523043 core:PlantMachinery 2023-04-01 2024-03-31 06523043 countries:England 2023-04-01 2024-03-31 06523043 bus:FRS102 2023-04-01 2024-03-31 06523043 bus:FullAccounts 2023-04-01 2024-03-31 06523043 2024-03-31 06523043 core:WithinOneYear 2024-03-31 06523043 core:AfterOneYear 2024-03-31 06523043 core:ShareCapital 2024-03-31 06523043 core:RetainedEarningsAccumulatedLosses 2024-03-31 06523043 core:PlantMachinery 2024-03-31 06523043 2023-03-31 06523043 core:PlantMachinery 2023-03-31 iso4217:GBP xbrli:pure