Company Registration No. 09563729 (England and Wales)
Atlas Band Touring Ltd
Unaudited accounts
for the year ended 30 April 2024
Atlas Band Touring Ltd
Unaudited accounts
Contents
Atlas Band Touring Ltd
Company Information
for the year ended 30 April 2024
Director
Michael Griffiths
Company Number
09563729 (England and Wales)
Registered Office
Atlas Touring, Unit 8
Hill Court, Dunne Road
Blaydon
NE21 5NH
Accountants
Jack Bowden
Haydon Accountancy Services Limited
33 Percy Crescent
North Shields
Tyne & Wear
NE29 6HP
Atlas Band Touring Ltd
Statement of financial position
as at 30 April 2024
Intangible assets
922
1,152
Tangible assets
228,370
178,240
Cash at bank and in hand
4,521
912
Creditors: amounts falling due within one year
(19,114)
(21,670)
Net current (liabilities)/assets
(15,883)
6,491
Total assets less current liabilities
213,409
185,883
Creditors: amounts falling due after more than one year
(185,152)
(143,354)
Called up share capital
1
1
Profit and loss account
28,256
42,528
Shareholders' funds
28,257
42,529
For the year ending 30 April 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 29 January 2025 and were signed on its behalf by
Michael Griffiths
Director
Company Registration No. 09563729
Atlas Band Touring Ltd
Notes to the Accounts
for the year ended 30 April 2024
Atlas Band Touring Ltd is a private company, limited by shares, registered in England and Wales, registration number 09563729. The registered office is Atlas Touring, Unit 8, Hill Court, Dunne Road, Blaydon, NE21 5NH.
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:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
Other tangible fixed assets
20% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Atlas Band Touring Ltd
Notes to the Accounts
for the year ended 30 April 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
5,946
228,606
6,029
240,581
Additions
-
99,651
654
100,305
At 30 April 2024
5,946
328,257
6,683
340,886
At 1 May 2023
1,896
58,161
2,284
62,341
Charge for the year
699
48,596
880
50,175
At 30 April 2024
2,595
106,757
3,164
112,516
At 30 April 2024
3,351
221,500
3,519
228,370
At 30 April 2023
4,050
170,445
3,745
178,240
Carrying amount of motor vehicles on cost basis
-
108,209
Motor Vehicles have been revalued at 30th April 2023. These had been significantly depreciated and this did not accurately depict the true value of the assets until they were revalued. The valuation was undertaken by director Mike Griffiths who was able to accurately assess a FMV of the fleet.
Amounts falling due within one year
Trade debtors
9,449
22,897
Accrued income and prepayments
4,191
2,983
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,302
-
Trade creditors
3,871
10,326
Taxes and social security
476
844
Other creditors
7,507
9,542
Atlas Band Touring Ltd
Notes to the Accounts
for the year ended 30 April 2024
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
147,129
100,401
9
Average number of employees
During the year the average number of employees was 3 (2023: 4).