Registered number
13674242
Atlas Consultancy Group Ltd
Filleted Accounts
31 March 2025
Atlas Consultancy Group Ltd
Registered number: 13674242
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 238,114 39,863
Current assets
Debtors 4 172,438 49,843
Cash at bank and in hand 502,129 168,383
674,567 218,226
Creditors: amounts falling due within one year 5 (235,257) (69,722)
Net current assets 439,310 148,504
Total assets less current liabilities 677,424 188,367
Creditors: amounts falling due after more than one year 6 (120,107) -
Net assets 557,317 188,367
Capital and reserves
Called up share capital 11 10
Profit and loss account 557,306 188,357
Shareholders' funds 557,317 188,367
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Chris Hastings
Director
Approved by the board on 22 April 2025
Atlas Consultancy Group Ltd
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 4 years
Fixtures, fittings, tools and equipment 25% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 5 4
3 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 April 2024 - 55,835 - 55,835
Additions 12,083 40,399 212,192 264,674
At 31 March 2025 12,083 96,234 212,192 320,509
Depreciation
At 1 April 2024 - 15,972 - 15,972
Charge for the year 1,726 22,259 42,438 66,423
At 31 March 2025 1,726 38,231 42,438 82,395
Net book value
At 31 March 2025 10,357 58,003 169,754 238,114
At 31 March 2024 - 39,863 - 39,863
4 Debtors 2025 2024
£ £
Trade debtors 172,438 49,843
5 Creditors: amounts falling due within one year 2025 2024
£ £
Obligations under finance lease and hire purchase contracts 21,514 -
Trade creditors 32,188 2,790
Taxation and social security costs 124,106 63,831
Other creditors 57,449 3,101
235,257 69,722
6 Creditors: amounts falling due after one year 2025 2024
£ £
Obligations under finance lease and hire purchase contracts 120,107 -
7 Other information
Atlas Consultancy Group Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Cockstone Hill Farm, Station Road
Goldsborough
Knaresborough
North Yorkshire
HG5 8NT
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