Company Registration No. 12495831 (England and Wales)
Atlas Group Solutions Ltd
Unaudited accounts
for the year ended 31 March 2024
Atlas Group Solutions Ltd
Unaudited accounts
Contents
Atlas Group Solutions Ltd
Company Information
for the year ended 31 March 2024
Directors
Donna Marie Duffy
Graham Mark Rolland
Company Number
12495831 (England and Wales)
Registered Office
120 BIRCHEN GROVE
LUTON
BEDFORDSHIRE
LU2 7TW
ENGLAND
Accountants
DKB Accountancy & Taxation
12 Blackbrook Drive
Lodge Moor
Sheffield
South Yorkshire
S10 4LS
Atlas Group Solutions Ltd
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
816
5,733
Creditors: amounts falling due within one year
(12,161)
(15,985)
Net current assets
2,391
3,635
Called up share capital
100
100
Profit and loss account
3,302
4,546
Shareholders' funds
3,402
4,646
For the year ending 31 March 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 20 October 2024 and were signed on its behalf by
Donna Marie Duffy
Director
Company Registration No. 12495831
Atlas Group Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2024
Atlas Group Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 12495831. The registered office is 120 BIRCHEN GROVE, LUTON, BEDFORDSHIRE, LU2 7TW, 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 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.
Investments in shares are included at fair value.
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Investments
Subsidiary undertakings
Valuation at 1 April 2023
1,011
Valuation at 31 March 2024
1,011
Throughout the year, the company held a controlling interest in the following companies:
- 100% of the issued share capital of Atlas Hospitality Solutions Ltd - registered office: 120 Birchen Grove, Luton, LU2 7TW
- 100% of the issued share capital of Atlas Event Solutions Ltd - registered office: 120 Birchen Grove, Luton, LU2 7TW
- 100% of the issued share capital of Atlas NGO Solutions Ltd - registered office: 120 Birchen Grove, Luton, LU2 7TW
The company retained these investments - in full - at the year end.
Atlas Group Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
389
288
Other debtors
13,347
13,599
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Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
11,428
15,958
Allotted, called up and fully paid:
50 A Ordinary Shares of £1 each
50
50
50 B Ordinary Shares of £1 each
50
50
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Transactions with related parties
At the year-end, a balance of £389 (2023: £288) in "Amounts Due from Group Undertakings" was owed by, and a balance of £11,428 (2023: £15,958) in "Amounts Due to Group Undertakings" was owed to, subsidiary companies. These balances are the result of financing provided between the companies in current and prior periods. The loans are unsecured, interest-free, and are repayable on demand.
At the year-end, a balance of £13,347 (2023: £13,347) in "Other Debtors" was owed by companies controlled by directors. This balance is the result of financing provided in previous periods to the companies, is interest-free, and is repayable on demand.
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Average number of employees
During the year the average number of employees was 0 (2023: 0).