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REGISTERED NUMBER: 08610130 (England and Wales)















ATL FULFILMENT LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023






ATL FULFILMENT LIMITED (REGISTERED NUMBER: 08610130)

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










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ATL FULFILMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: A W Allen
L J Lewis
A Lewis
S L Allen





REGISTERED OFFICE: Unit 7a Moorlandgate Business Park
Cowling Road
Chorley
Lancashire
PR6 9FE





REGISTERED NUMBER: 08610130 (England and Wales)





ACCOUNTANTS: DTE Business Advisers Limited
The Exchange
5 Bank Street
Bury
Lancashire
BL9 0DN

ATL FULFILMENT LIMITED (REGISTERED NUMBER: 08610130)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 111,344 132,826
Investments 5 100 100
111,444 132,926

CURRENT ASSETS
Debtors 6 292,458 328,782
Cash at bank and in hand 54 10,991
292,512 339,773
CREDITORS
Amounts falling due within one year 7 (322,708 ) (315,000 )
NET CURRENT (LIABILITIES)/ASSETS (30,196 ) 24,773
TOTAL ASSETS LESS CURRENT
LIABILITIES

81,248

157,699

CREDITORS
Amounts falling due after more than one
year

8

(30,347

)

(53,079

)

PROVISIONS FOR LIABILITIES (27,836 ) (33,207 )
NET ASSETS 23,065 71,413

CAPITAL AND RESERVES
Called up share capital 5,202 5,202
Retained earnings 17,863 66,211
23,065 71,413

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.

ATL FULFILMENT LIMITED (REGISTERED NUMBER: 08610130)

STATEMENT OF FINANCIAL POSITION - 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 by the Board of Directors and authorised for issue on 13 August 2024 and were signed on its behalf by:





A Lewis - Director


ATL FULFILMENT LIMITED (REGISTERED NUMBER: 08610130)

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


1. STATUTORY INFORMATION

ATL Fulfilment Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 08610130 and the registered office address is Unit 7a Moorlandgate Business Park, Cowling Road, Chorley, Lancashire, PR6 9FE.

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.

Preparation of consolidated financial statements
The financial statements contain information about ATL Fulfilment Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates
In the application of the company's accounting policies, the director is required to make estimates and judgements. The estimates are based on historical experience and other relevant factors. Actual results may differ from these estimates.

The estimates are continually evaluated. Revisions to accounting estimates are recognised in the period in which the estimate is revised.

Estimating the useful economic life of an asset and the anticipated residual value are considered the key
judgement in calculating an appropriate depreciation charge.

Revenue
Revenue represents amounts receivable for the management of goods including warehouse, storage and distribution and full end to end fulfilment requirements provided net of value added tax, rebates and discounts.

Revenue is recognised when the company has provided the service to the customer and collection of the related receivables is anticipated.

Property, plant and equipment
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.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

The residual values, estimated useful lives and depreciation method of property, plant and equipment are reviewed, and adjusted as appropriate, at each statement of financial position date. The effects of any revision are recognised in the income statement when the change arises.

Investments in subsidiaries
Investments in subsidiary untertakings are recognised at cost less impairment.

ATL FULFILMENT LIMITED (REGISTERED NUMBER: 08610130)

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


2. ACCOUNTING POLICIES - continued

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the income statement.

Basic financial liabilities are initially measured at transaction price and subsequently measured at amortised cost, being the transaction price less any amounts settled.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the statement of financial position. 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 the income statement over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the income statement 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 the income statement in the period to which they relate.

Dividends
Equity dividends are recognised when they become legally payable and are no longer at the discretion of the company.

ATL FULFILMENT LIMITED (REGISTERED NUMBER: 08610130)

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


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2022 - 18 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 January 2023 237,745
Additions 3,780
At 31 December 2023 241,525
DEPRECIATION
At 1 January 2023 104,919
Charge for year 25,262
At 31 December 2023 130,181
NET BOOK VALUE
At 31 December 2023 111,344
At 31 December 2022 132,826

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 61,613
DEPRECIATION
At 1 January 2023 27,115
Charge for year 8,625
At 31 December 2023 35,740
NET BOOK VALUE
At 31 December 2023 25,873
At 31 December 2022 34,498

ATL FULFILMENT LIMITED (REGISTERED NUMBER: 08610130)

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


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023
and 31 December 2023 100
NET BOOK VALUE
At 31 December 2023 100
At 31 December 2022 100

The investment is in ATL Trading Ltd, Unit 7a Cowling Road, Moorlandgate Business Park, Chorley, Lancashire, PR6 9FE, trading in the operation of warehousing and storage facilities for land transport activities. 100% of 100 Ordinary shares.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 237,404 256,146
Amounts owed by group undertakings - 8,054
Other debtors 55,054 64,582
292,458 328,782

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 34,764 10,000
Hire purchase contracts (see note 9) 12,733 12,449
Trade creditors 138,912 135,237
Taxation and social security 132,925 148,852
Other creditors 3,374 8,462
322,708 315,000

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 19,167 29,167
Hire purchase contracts (see note 9) 11,180 23,912
30,347 53,079

ATL FULFILMENT LIMITED (REGISTERED NUMBER: 08610130)

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


9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2023 2022
£    £   
Net obligations repayable:
Within one year 12,733 12,449
Between one and five years 11,180 23,912
23,913 36,361

Non-cancellable operating leases
2023 2022
£    £   
Within one year 199,979 199,979
Between one and five years 402,448 602,428
602,427 802,407

10. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 23,913 36,361

Hire purchase contracts are secured on the assets concerned.

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within debtors is an amount of £78 was owed to the company by one of the directors. There were no material advances during the year. This amount is unsecured interest free and repayable on demand.