Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 10602897 Mr THANGARAJAH PARATHAN Mr THANGARAJAH PARATHAN iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10602897 2023-02-28 10602897 2024-02-28 10602897 2023-03-01 2024-02-28 10602897 frs-core:CurrentFinancialInstruments 2024-02-28 10602897 frs-core:ComputerEquipment 2024-02-28 10602897 frs-core:ComputerEquipment 2023-03-01 2024-02-28 10602897 frs-core:ComputerEquipment 2023-02-28 10602897 frs-core:FurnitureFittings 2024-02-28 10602897 frs-core:FurnitureFittings 2023-03-01 2024-02-28 10602897 frs-core:FurnitureFittings 2023-02-28 10602897 frs-core:ShareCapital 2024-02-28 10602897 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 10602897 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 10602897 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 10602897 frs-bus:SmallEntities 2023-03-01 2024-02-28 10602897 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 10602897 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 10602897 frs-bus:Director1 2023-03-01 2024-02-28 10602897 frs-bus:Director2 2023-03-01 2024-02-28 10602897 frs-countries:EnglandWales 2023-03-01 2024-02-28 10602897 2022-02-28 10602897 2023-02-28 10602897 2022-03-01 2023-02-28 10602897 frs-core:CurrentFinancialInstruments 2023-02-28 10602897 frs-core:ShareCapital 2023-02-28 10602897 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 10602897
AIRPORT TRANSPORT NETWORK LTD
Unaudited Financial Statements
For The Year Ended 28 February 2024
Surrey Accountancy Services
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10602897
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 17,621 16,881
Cash at bank and in hand 1,735 12,580
19,356 29,461
Creditors: Amounts Falling Due Within One Year 6 (32,353 ) (47,893 )
NET CURRENT ASSETS (LIABILITIES) (12,997 ) (18,432 )
TOTAL ASSETS LESS CURRENT LIABILITIES (12,997 ) (18,432 )
NET LIABILITIES (12,997 ) (18,432 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (13,097 ) (18,532 )
SHAREHOLDERS' FUNDS (12,997) (18,432)
For the year ending 28 February 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
The financial statements were approved by the board of directors on 26 November 2024 and were signed on its behalf by:
Mr THANGARAJAH PARATHAN
Director
26/11/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
AIRPORT TRANSPORT NETWORK LTD is a private company, limited by shares, incorporated in England & Wales, registered number 10602897 . The registered office is 63 Norton Avenue, Surbiton, Surrey, KT5 9DX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 15% SLM
Computer Equipment 15% SLM
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 March 2023 5,512 6,574 12,086
As at 28 February 2024 5,512 6,574 12,086
Depreciation
As at 1 March 2023 5,512 6,574 12,086
As at 28 February 2024 5,512 6,574 12,086
Net Book Value
As at 28 February 2024 - - -
As at 1 March 2023 - - -
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 12,581 16,881
Prepayments and accrued income 5,040 -
17,621 16,881
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 17,465 29,710
Corporation tax 4,129 4,129
Other taxes and social security 658 623
VAT 8,851 12,581
Accruals and deferred income 1,250 850
32,353 47,893
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3