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REGISTERED NUMBER: 08171114 (England and Wales)















Atal Cyf

Unaudited Financial Statements for the Year Ended 29 February 2024






Atal Cyf (Registered number: 08171114)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Atal Cyf

Company Information
for the Year Ended 29 February 2024







Director: D T Rees





Registered office: Unit 27 Tafarnaubach Industrial Estate
Tafarnaubach
Tredegar
Gwent
NP22 3AA





Registered number: 08171114 (England and Wales)





Accountants: Haines Watts Wales LLP
7 Neptune Court
Vanguard Way
Cardiff
CF24 5PJ

Atal Cyf (Registered number: 08171114)

Balance Sheet
29 February 2024

2024 2023
Notes £    £   
Fixed assets
Tangible assets 4 116,288 136,150
Investments 5 - 269,109
116,288 405,259

Current assets
Stocks 275,031 275,169
Debtors 6 1,223,100 636,607
Cash at bank and in hand 196,215 333,936
1,694,346 1,245,712
Creditors
Amounts falling due within one year 7 (816,228 ) (681,044 )
Net current assets 878,118 564,668
Total assets less current liabilities 994,406 969,927

Creditors
Amounts falling due after more than one year 8 (17,058 ) (125,463 )

Provisions for liabilities (15,862 ) (10,950 )
Net assets 961,486 833,514

Capital and reserves
Called up share capital 100 100
Retained earnings 961,386 833,414
961,486 833,514

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

Atal Cyf (Registered number: 08171114)

Balance Sheet - continued
29 February 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 29 November 2024 and were signed by:





D T Rees - Director


Atal Cyf (Registered number: 08171114)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. Statutory information

Atal Cyf 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.

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.
Long leasehold - 5% on cost
Plant and machinery - 10% on cost
Fixtures and fittings - 10% on cost
Motor vehicles - 20% on cost
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Atal Cyf (Registered number: 08171114)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

3. Employees and directors

The average number of employees during the year was 21 (2023 - 22 ) .

4. Tangible fixed assets
Fixtures
Long Plant and and
leasehold machinery fittings
£    £    £   
Cost
At 1 March 2023 20,324 54,032 24,852
Additions - - -
Disposals - - (1,044 )
At 29 February 2024 20,324 54,032 23,808
Depreciation
At 1 March 2023 5,586 6,996 8,163
Charge for year 1,016 5,426 2,381
Eliminated on disposal - - (1,044 )
At 29 February 2024 6,602 12,422 9,500
Net book value
At 29 February 2024 13,722 41,610 14,308
At 28 February 2023 14,738 47,036 16,689

Motor Computer
vehicles equipment Totals
£    £    £   
Cost
At 1 March 2023 71,245 38,857 209,310
Additions 28,250 4,944 33,194
Disposals (58,389 ) (9,994 ) (69,427 )
At 29 February 2024 41,106 33,807 173,077
Depreciation
At 1 March 2023 31,975 20,440 73,160
Charge for year 10,819 7,724 27,366
Eliminated on disposal (32,699 ) (9,994 ) (43,737 )
At 29 February 2024 10,095 18,170 56,789
Net book value
At 29 February 2024 31,011 15,637 116,288
At 28 February 2023 39,270 18,417 136,150

Atal Cyf (Registered number: 08171114)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

5. Fixed asset investments
Other
investments
£   
Cost
At 1 March 2023 269,109
Disposals (269,109 )
At 29 February 2024 -
Net book value
At 29 February 2024 -
At 28 February 2023 269,109

6. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 617,238 540,710
Amounts owed by group undertakings 48,590 68,266
Other debtors 122,312 -
Directors' loan accounts 358,417 -
Prepayments 76,543 27,631
1,223,100 636,607

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts - 45,200
Hire purchase contracts 11,359 10,237
Trade creditors 387,520 291,667
Amounts owed to group undertakings 59,584 -
Tax 209,976 107,930
Social security and other taxes 13,628 17,582
VAT 76,017 102,912
Other creditors 7,968 2,044
Directors' loan accounts - 2,355
Accruals and deferred income 50,176 101,117
816,228 681,044

8. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans - 1-2 years - 101,700
Hire purchase contracts 17,058 23,763
17,058 125,463