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REGISTERED NUMBER: 03080613 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

ATLAS DISPLAY (DHB) LIMITED

ATLAS DISPLAY (DHB) LIMITED (REGISTERED NUMBER: 03080613)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ATLAS DISPLAY (DHB) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: G Beck





REGISTERED OFFICE: Unit 3 Aspley Business Park
Lincoln Street
Huddersfield
West Yorkshire
HD1 6RX





REGISTERED NUMBER: 03080613 (England and Wales)





ACCOUNTANTS: Brosnans
Chartered Accountants
Birkby House
Birkby Lane
Bailiff Bridge
Brighouse
West Yorkshire
HD6 4JJ

ATLAS DISPLAY (DHB) LIMITED (REGISTERED NUMBER: 03080613)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 25,995 38,000

CURRENT ASSETS
Stocks 50,984 48,193
Debtors 5 298,620 291,252
Cash at bank and in hand 119,974 12,319
469,578 351,764
CREDITORS
Amounts falling due within one year 6 (423,825 ) (269,109 )
NET CURRENT ASSETS 45,753 82,655
TOTAL ASSETS LESS CURRENT
LIABILITIES

71,748

120,655

CREDITORS
Amounts falling due after more than
one year

7

(330,016

)

(391,727

)

PROVISIONS FOR LIABILITIES (6,499 ) (6,594 )
NET LIABILITIES (264,767 ) (277,666 )

CAPITAL AND RESERVES
Called up share capital 8 600 600
Retained earnings (265,367 ) (278,266 )
SHAREHOLDERS' FUNDS (264,767 ) (277,666 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

ATLAS DISPLAY (DHB) LIMITED (REGISTERED NUMBER: 03080613)

BALANCE SHEET - continued
31 MARCH 2024


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 director and authorised for issue on 16 October 2024 and were signed by:





G Beck - Director


ATLAS DISPLAY (DHB) LIMITED (REGISTERED NUMBER: 03080613)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Atlas Display (DHB) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

STOCKS
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.


ATLAS DISPLAY (DHB) LIMITED (REGISTERED NUMBER: 03080613)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued
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 balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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
Rentals paid under operating leases are charged to profit or loss 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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 9 ) .

ATLAS DISPLAY (DHB) LIMITED (REGISTERED NUMBER: 03080613)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2023
and 31 March 2024 19,760 39,793 27,611
DEPRECIATION
At 1 April 2023 16,467 39,132 27,051
Charge for year 3,293 168 180
At 31 March 2024 19,760 39,300 27,231
NET BOOK VALUE
At 31 March 2024 - 493 380
At 31 March 2023 3,293 661 560

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 80,814 15,693 183,671
DEPRECIATION
At 1 April 2023 50,987 12,034 145,671
Charge for year 7,452 912 12,005
At 31 March 2024 58,439 12,946 157,676
NET BOOK VALUE
At 31 March 2024 22,375 2,747 25,995
At 31 March 2023 29,827 3,659 38,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 172,001 166,221
Other debtors 126,619 125,031
298,620 291,252

ATLAS DISPLAY (DHB) LIMITED (REGISTERED NUMBER: 03080613)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 1,236
Trade creditors 209,367 181,202
Taxation and social security 79,682 57,961
Other creditors 134,776 28,710
423,825 269,109

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 330,016 391,727

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
600 Ordinary £1 600 600

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Atlas Display Holdings Limited, a company incorporated in England.