Company Registration No. 12705514 (England and Wales)
ATLANTIS LOUNGE AND RESTAURANT LTD
Unaudited accounts
for the year ended 30 June 2024
ATLANTIS LOUNGE AND RESTAURANT LTD
Unaudited accounts
Contents
ATLANTIS LOUNGE AND RESTAURANT LTD
Company Information
for the year ended 30 June 2024
Director
Chaudhry Khuram JAURA
Company Number
12705514 (England and Wales)
Registered Office
Holiday Inn Express
London Road
Slough
Berkshire
SL3 8QB
England
ATLANTIS LOUNGE AND RESTAURANT LTD
Statement of financial position
as at 30 June 2024
Investments
181,206
181,206
Cash at bank and in hand
209,301
97,475
Creditors: amounts falling due within one year
(518,553)
(5,409)
Net current (liabilities)/assets
(242,972)
92,066
Total assets less current liabilities
283,840
273,272
Creditors: amounts falling due after more than one year
(237,460)
(233,654)
Called up share capital
100
100
Profit and loss account
46,280
39,518
Shareholders' funds
46,380
39,618
For the year ending 30 June 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 director acknowledges his 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 and authorised for issue on 19 December 2024 and were signed on its behalf by
Chaudhry Khuram JAURA
Director
Company Registration No. 12705514
ATLANTIS LOUNGE AND RESTAURANT LTD
Notes to the Accounts
for the year ended 30 June 2024
ATLANTIS LOUNGE AND RESTAURANT LTD is a private company, limited by shares, registered in England and Wales, registration number 12705514. The registered office is Holiday Inn Express, London Road, Slough, Berkshire, SL3 8QB, England.
2
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
Additions
244,875
133,318
249
378,442
At 30 June 2024
244,875
133,318
249
378,442
Charge for the year
6,122
26,664
50
32,836
At 30 June 2024
6,122
26,664
50
32,836
At 30 June 2024
238,753
106,654
199
345,606
5
Investments
Other investments
Valuation at 1 July 2023
181,206
Valuation at 30 June 2024
181,206
ATLANTIS LOUNGE AND RESTAURANT LTD
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
21,250
-
Taxes and social security
1,430
5,409
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
58,438
-
Loans from directors
179,022
233,654
9
Average number of employees
During the year the average number of employees was 20 (2023: 20).