3 01/05/2024 31/12/2024 2024-12-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2024-05-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 01714950 2024-05-01 2024-12-31 01714950 2024-12-31 01714950 2024-04-30 01714950 2023-05-01 2024-04-30 01714950 2024-04-30 01714950 2023-04-30 01714950 bus:RegisteredOffice 2024-05-01 2024-12-31 01714950 bus:LeadAgentIfApplicable 2024-05-01 2024-12-31 01714950 bus:Director2 2024-05-01 2024-12-31 01714950 bus:Director1 2024-05-01 2024-12-31 01714950 core:WithinOneYear 2024-12-31 01714950 core:WithinOneYear 2024-04-30 01714950 bus:Director2 2024-12-31 01714950 bus:Director1 2023-04-30 01714950 bus:Director1 2023-05-01 2024-04-30 01714950 bus:Micro-entities 2024-05-01 2024-12-31 01714950 bus:AuditExemptWithAccountantsReport 2024-05-01 2024-12-31 01714950 bus:SmallCompaniesRegimeForAccounts 2024-05-01 2024-12-31 01714950 bus:PrivateLimitedCompanyLtd 2024-05-01 2024-12-31 01714950 bus:FullAccounts 2024-05-01 2024-12-31
Company registration number: 01714950
Atlantic Bearings Limited
Unaudited filleted financial statements
31 December 2024
Atlantic Bearings Limited
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Atlantic Bearings Limited
Directors and other information
Directors
Mr Jake Andrew Wray
Company number 01714950
Registered office 46 Hoyle Court Road
Baildon
BD17 6JP
Accountants A.I.M. Accountant Limited
10 Parkside
Little Gomersal
West Yorkshire
BD19 4JH
Atlantic Bearings Limited
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Atlantic Bearings Limited
Period ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Atlantic Bearings Limited for the period ended 31 December 2024 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the board of directors of Atlantic Bearings Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Atlantic Bearings Limited and state those matters that we have agreed to state to the board of directors of Atlantic Bearings Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Atlantic Bearings Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Atlantic Bearings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Atlantic Bearings Limited. You consider that Atlantic Bearings Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the financial statements of Atlantic Bearings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
A.I.M. Accountant Limited
Chartererd Accountant
10 Parkside
Little Gomersal
West Yorkshire
BD19 4JH
20 March 2025
Atlantic Bearings Limited
Statement of financial position
31 December 2024
31/12/24 30/04/24
£ £ £ £
Fixed assets - 1,453
_______ _______
Current assets 83,170 171,576
Prepayments and accrued income 876 2,907
_______ _______
84,046 174,483
Creditors: amounts falling due within one year ( 53,501) ( 77,098)
_______ _______
Net current assets 30,545 97,385
_______ _______
Total assets less current liabilities 30,545 98,838
Accruals and deferred income ( 1,076) ( 5,339)
_______ _______
Net assets 29,469 93,499
_______ _______
Capital and reserves 29,469 93,499
_______ _______
Notes to the financial statements
Atlantic Bearings Limited
Period ended 31 December 2024
1. Employee numbers
The average number of persons employed by the company during the period amounted to 3 (2024: 3 ).
2. Directors advances, credits and guarantees
During the period the directors entered into the following advances and credits with the company:
Period ended 31/12/24
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Mr Andrew Wray - - -
Mr Jake Andrew Wray - ( 53,501) ( 53,501)
_______ _______ _______
Year ended 30/04/24
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Mr Andrew Wray ( 61,101) 61,101 -
Mr Jake Andrew Wray - - -
_______ _______ _______
For the period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The member has not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 20 March 2025 , and are signed on behalf of the board by:
Mr Jake Andrew Wray
Director
Company registration number: 01714950
The company is a private company limited by shares, registered in England and Wales.