ATRI LTD |
Notes to the Accounts |
for the year ended 28 February 2024 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Debtors |
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Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
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Going Concern |
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The accounts are prepared on going concern basis notwithstanding the fact that the company has negative equity as the directors have confirmed that they will not recall money owed to company untill it is financilly able to repay it. |
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2 |
Employees |
2024 |
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2023 |
Number |
Number |
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Average number of persons employed by the company |
0 |
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0 |
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3 |
Debtors |
2024 |
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2023 |
£ |
£ |
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Other debtors |
2,182 |
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- |
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4 |
Creditors: amounts falling due within one year |
2024 |
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2023 |
£ |
£ |
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Trade creditors |
113 |
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100 |
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Other creditors |
2,683 |
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501 |
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2,796 |
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601 |
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5 |
Other information |
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ATRI LTD is a private company limited by shares and incorporated in England. Its registered office is: |
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47 Warren Drive, |
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Ruislip, Greater London, |
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England, |
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HA4 9RD |