Company Registration No. 13661190 (England and Wales)
ATM Kitchens Ltd
Unaudited accounts
for the year ended 31 October 2023
ATM Kitchens Ltd
Unaudited accounts
Contents
ATM Kitchens Ltd
Company Information
for the year ended 31 October 2023
Company Number
13661190 (England and Wales)
Registered Office
11 Swift Close
Poole
Dorset
BH17 7UT
United Kingdom
Accountants
SH Accounting Solutions Ltd
Office 1, 319a Holdenhurst Road
Bournemouth
BH8 8BT
ATM Kitchens Ltd
Accountants' report
Accountants' report to the director of ATM Kitchens Ltd (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 October 2023.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 October 2023. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
SH Accounting Solutions Ltd
Office 1, 319a Holdenhurst Road
Bournemouth
BH8 8BT
24 September 2024
ATM Kitchens Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
6,086
8,115
Cash at bank and in hand
1
149
Creditors: amounts falling due within one year
(11,770)
(8,010)
Net current (liabilities)/assets
(1,697)
2,923
Total assets less current liabilities
4,389
11,038
Creditors: amounts falling due after more than one year
(1,844)
(3,770)
Called up share capital
100
100
Profit and loss account
2,445
7,168
Shareholders' funds
2,545
7,268
For the year ending 31 October 2023 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 24 September 2024 and were signed on its behalf by
Kaine Woolway
Director
Company Registration No. 13661190
ATM Kitchens Ltd
Notes to the Accounts
for the year ended 31 October 2023
ATM Kitchens Ltd is a private company, limited by shares, registered in England and Wales, registration number 13661190. The registered office is 11 Swift Close, Poole, Dorset, BH17 7UT, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. 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, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing Balance Method
4
Tangible fixed assets
Motor vehicles
ATM Kitchens Ltd
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Other debtors
10,072
10,784
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
2,400
2,400
Taxes and social security
5,431
4,938
Loans from directors
3,543
469
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
1,844
3,770
8
Transactions with related parties
Director
During the year, the company made the following third party transactions:
During the year, the director received loans of £8,365 and repaid £11,439. At the balance sheet date, the amount owed to the director was £3,543 (2022 - £469).
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Average number of employees
During the year the average number of employees was 0 (2022: 0).