Company Registration No. 9515538 (England and Wales)
ALTIMUS RETAILERS LIMITED
Unaudited accounts
for the period from 1 October 2022 to 31 December 2023
ALTIMUS RETAILERS LIMITED
Unaudited accounts
Contents
ALTIMUS RETAILERS LIMITED
Company Information
for the period from 1 October 2022 to 31 December 2023
Director
Satheeshkumar Manimuthu
Company Number
9515538 (England and Wales)
Registered Office
209 The Heights
Northolt
Middlesex
UB5 4BX
England
Accountants
IRTS Business Solutions Limited
209 The Heights
Northolt
Middlesex
UB5 4BX
ALTIMUS RETAILERS LIMITED
Statement of financial position
as at 31 December 2023
Tangible assets
225,266
226,546
Inventories
1,258,230
562,680
Cash at bank and in hand
30,788
182,240
Creditors: amounts falling due within one year
(1,230,729)
(569,792)
Net current assets
310,650
340,036
Total assets less current liabilities
535,916
566,582
Creditors: amounts falling due after more than one year
(202,147)
(281,678)
Net assets
333,769
284,904
Called up share capital
1,000
1,000
Profit and loss account
332,769
283,904
Shareholders' funds
333,769
284,904
For the period ending 31 December 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 14 October 2024 and were signed on its behalf by
Satheeshkumar Manimuthu
Director
Company Registration No. 9515538
ALTIMUS RETAILERS LIMITED
Notes to the Accounts
for the period from 1 October 2022 to 31 December 2023
ALTIMUS RETAILERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 9515538. The registered office is 209 The Heights, Northolt, Middlesex, UB5 4BX, England.
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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 period, 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.
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:
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 October 2022
7,318
390,723
398,041
Additions
11,215
12,535
23,750
At 31 December 2023
18,533
403,258
421,791
At 1 October 2022
4,952
166,543
171,495
Charge for the period
1,358
23,672
25,030
At 31 December 2023
6,310
190,215
196,525
At 31 December 2023
12,223
213,043
225,266
At 30 September 2022
2,366
224,180
226,546
Amounts falling due within one year
Trade debtors
111,076
19,804
Accrued income and prepayments
21,055
21,055
Other debtors
104,250
104,250
ALTIMUS RETAILERS LIMITED
Notes to the Accounts
for the period from 1 October 2022 to 31 December 2023
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
1,158,269
534,085
Taxes and social security
68,987
32,521
Loans from directors
3,473
2,531
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Creditors: amounts falling due after more than one year
2023
2022
Bank loans
202,147
281,678
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Average number of employees
During the period the average number of employees was 21 (2022: 18).