ATL PACKAGING LIMITED

Company Registration Number:
05828631 (England and Wales)

Unaudited abridged accounts for the year ended 30 August 2024

Period of accounts

Start date: 01 June 2024

End date: 30 August 2024

ATL PACKAGING LIMITED

Contents of the Financial Statements

for the Period Ended 30 August 2024

Balance sheet
Notes

ATL PACKAGING LIMITED

Balance sheet

As at 30 August 2024


Notes

30 August 2024

31 May 2024


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets:   0 0
Total fixed assets: 0 0
Current assets
Stocks: 197,643 194,242
Debtors: 3 416,271 454,952
Cash at bank and in hand: 705 1,289
Total current assets: 614,619 650,483
Creditors: amounts falling due within one year: 4 (611,248) (599,445)
Net current assets (liabilities): 3,371 51,038
Total assets less current liabilities: 3,371 51,038
Creditors: amounts falling due after more than one year: 5 (10,658) (11,758)
Total net assets (liabilities): (7,287) 39,280
Capital and reserves
Called up share capital: 300 300
Profit and loss account: (7,587) 38,980
Shareholders funds: (7,287) 39,280

The notes form part of these financial statements

ATL PACKAGING LIMITED

Balance sheet statements

For the year ending 30 August 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 February 2025
and signed on behalf of the board by:

Name: Mrs MF Ashe
Status: Director

The notes form part of these financial statements

ATL PACKAGING LIMITED

Notes to the Financial Statements

for the Period Ended 30 August 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Land and buildings - in accordance with the property Plant and machinery etc - 25% on cost and at varying rates on cost

Other accounting policies

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 period 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 period 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.

ATL PACKAGING LIMITED

Notes to the Financial Statements

for the Period Ended 30 August 2024

2. Employees

30 August 2024 31 May 2024
Average number of employees during the period 6 6

ATL PACKAGING LIMITED

Notes to the Financial Statements

for the Period Ended 30 August 2024

3. Debtors

30 August 2024 31 May 2024
££
Debtors due after more than one year: 0 0

ATL PACKAGING LIMITED

Notes to the Financial Statements

for the Period Ended 30 August 2024

4. Creditors: amounts falling due within one year note

300824 310524 Bank loans and overdrafts 146144 93318 Trade creditors 281179 293773 Taxation and social security 160350 180367 Other creditors 23575 31987 611248 599445

ATL PACKAGING LIMITED

Notes to the Financial Statements

for the Period Ended 30 August 2024

5. Creditors: amounts falling due after more than one year note

300824 310524 Bank loans 10658 11758