REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31st March 2024 |
for |
A.T.A. (ENGINEERING PROCESSES) LIMITED |
REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31st March 2024 |
for |
A.T.A. (ENGINEERING PROCESSES) LIMITED |
A.T.A. (ENGINEERING PROCESSES) LIMITED (REGISTERED NUMBER: 00755893) |
Contents of the Financial Statements |
for the year ended 31st March 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
A.T.A. (ENGINEERING PROCESSES) LIMITED |
Company Information |
for the year ended 31st March 2024 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
1 Tower House |
Tower Centre |
Hoddesdon |
Hertfordshire |
EN11 8UR |
BANKERS: |
11 Bank Court |
Hemel Hempstead |
Hertfordshire |
HP1 1BX |
A.T.A. (ENGINEERING PROCESSES) LIMITED (REGISTERED NUMBER: 00755893) |
Balance Sheet |
31st March 2024 |
31/3/24 | 31/3/23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investments | 5 |
CURRENT ASSETS |
Stocks | 6 |
Debtors | 7 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 8 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 9 |
NET (LIABILITIES)/ASSETS | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 10 |
Share premium |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
The director acknowledges her 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. |
A.T.A. (ENGINEERING PROCESSES) LIMITED (REGISTERED NUMBER: 00755893) |
Balance Sheet - continued |
31st March 2024 |
The financial statements were approved by the director and authorised for issue on |
A.T.A. (ENGINEERING PROCESSES) LIMITED (REGISTERED NUMBER: 00755893) |
Notes to the Financial Statements |
for the year ended 31st March 2024 |
1. | STATUTORY INFORMATION |
A.T.A. (ENGINEERING PROCESSES) LIMITED is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
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 |
Plant and machinery | - |
Fixtures and fittings | - |
Investments in associates |
Investments in associate undertakings are recognised at cost. |
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. |
A.T.A. (ENGINEERING PROCESSES) LIMITED (REGISTERED NUMBER: 00755893) |
Notes to the Financial Statements - continued |
for the year ended 31st March 2024 |
2. | ACCOUNTING POLICIES - continued |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
Plant and | and |
machinery | fittings | Totals |
£ | £ | £ |
COST |
At 1st April 2023 |
and 31st March 2024 |
DEPRECIATION |
At 1st April 2023 |
Charge for year |
At 31st March 2024 |
NET BOOK VALUE |
At 31st March 2024 |
At 31st March 2023 |
5. | FIXED ASSET INVESTMENTS |
Interest |
in |
associate |
£ |
COST |
At 1st April 2023 |
and 31st March 2024 |
NET BOOK VALUE |
At 31st March 2024 |
At 31st March 2023 |
A.T.A. (ENGINEERING PROCESSES) LIMITED (REGISTERED NUMBER: 00755893) |
Notes to the Financial Statements - continued |
for the year ended 31st March 2024 |
5. | FIXED ASSET INVESTMENTS - continued |
The company's investments at the Balance Sheet date in the share capital of companies include the following: |
Associated company |
Registered office: ATA House, Boundary Way, Hemel Hempstead, Herts, HP2 7SS. |
Nature of business: |
% |
Class of shares: | holding |
6. | STOCKS |
31/3/24 | 31/3/23 |
£ | £ |
Stocks |
7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/3/24 | 31/3/23 |
£ | £ |
Trade debtors |
Amounts owed by participating interests |
Other debtors |
Prepayments |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/3/24 | 31/3/23 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
VAT |
Other creditors |
Directors' current accounts |
Accrued expenses |
9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31/3/24 | 31/3/23 |
£ | £ |
Bank loans - 1-2 years |
Bank loans - 2-5 years |
A.T.A. (ENGINEERING PROCESSES) LIMITED (REGISTERED NUMBER: 00755893) |
Notes to the Financial Statements - continued |
for the year ended 31st March 2024 |
10. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31/3/24 | 31/3/23 |
value: | £ | £ |
Ordinary 'A' | £1 | 2,000 | 2,000 |
Ordinary 'B' | £1 | 2,080 | 2,080 |
Ordinary 'C' | £1 | 18,800 | 18,800 |
Ordinary 'D' | £1 | 18,800 | 18,800 |
41,680 | 41,680 |
11. | RELATED PARTY DISCLOSURES |
During the year the company was related to ATA CNC Processes Limited by virtue of its 50% shareholding in this company. All transactions were on an arms length basis. The amount owed by them is shown in the notes to the financial statements. |
12. | ULTIMATE CONTROLLING PARTY |
The ultimate controlling party is Miss Marilyn Amos, by virtue of her shareholding and directorship. |