IRIS Accounts Production v24.3.2.46 12226719 director 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh122267192023-05-31122267192024-05-31122267192023-06-012024-05-31122267192022-05-31122267192022-06-012023-05-31122267192023-05-3112226719ns15:EnglandWales2023-06-012024-05-3112226719ns14:PoundSterling2023-06-012024-05-3112226719ns10:Director12023-06-012024-05-3112226719ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3112226719ns10:SmallEntities2023-06-012024-05-3112226719ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3112226719ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3112226719ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3112226719ns10:FullAccounts2023-06-012024-05-3112226719ns10:RegisteredOffice2023-06-012024-05-3112226719ns5:CurrentFinancialInstruments2024-05-3112226719ns5:CurrentFinancialInstruments2023-05-3112226719ns5:ShareCapital2024-05-3112226719ns5:ShareCapital2023-05-3112226719ns5:RetainedEarningsAccumulatedLosses2024-05-3112226719ns5:RetainedEarningsAccumulatedLosses2023-05-3112226719ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3112226719ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-31
REGISTERED NUMBER: 12226719 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

ATHERTON CONVEYOR SPARES LIMITED

ATHERTON CONVEYOR SPARES LIMITED (REGISTERED NUMBER: 12226719)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ATHERTON CONVEYOR SPARES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: D Atherton





REGISTERED OFFICE: Station Road, Common Lane
Ranskill
Retford
Nottinghamshire
DN22 8LW





REGISTERED NUMBER: 12226719 (England and Wales)





ACCOUNTANTS: TC Group
31 High View Close
Hamilton Office Park
Leicester
Leicestershire
LE4 9LJ

ATHERTON CONVEYOR SPARES LIMITED (REGISTERED NUMBER: 12226719)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 245,000 60,000
Debtors 4 340,896 329,166
Cash at bank and in hand 432,010 254,794
1,017,906 643,960
CREDITORS
Amounts falling due within one year 5 800,250 450,732
NET CURRENT ASSETS 217,656 193,228
TOTAL ASSETS LESS CURRENT LIABILITIES 217,656 193,228

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 217,556 193,128
217,656 193,228

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

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 7 January 2025 and were signed by:





D Atherton - Director


ATHERTON CONVEYOR SPARES LIMITED (REGISTERED NUMBER: 12226719)

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


1. STATUTORY INFORMATION

Atherton Conveyor Spares 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.

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.

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.

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 9 (2023 - 1 ) .

ATHERTON CONVEYOR SPARES LIMITED (REGISTERED NUMBER: 12226719)

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


4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 340,046 329,166
Other debtors 850 -
340,896 329,166

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 178,749 120,351
Amounts owed to group undertakings 34,249 262,374
Taxation and social security 56,441 66,507
Other creditors 530,811 1,500
800,250 450,732