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REGISTERED NUMBER: 09211376 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 September 2024

for

Atlas Commercial Limited

Atlas Commercial Limited (Registered number: 09211376)






Contents of the Financial Statements
for the Year Ended 28 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 5

Atlas Commercial Limited

Company Information
for the Year Ended 28 September 2024







DIRECTOR: A R P Mcnaughton





REGISTERED OFFICE: 11 Ducketts Wharf
Bishop's Stortford
Hertfordshire
CM23 3AR





REGISTERED NUMBER: 09211376 (England and Wales)





ACCOUNTANTS: Ascott Blake Ltd
11 Ducketts Wharf
Bishop's Stortford
Hertfordshire
CM23 3AR

Atlas Commercial Limited (Registered number: 09211376)

Balance Sheet
28 September 2024

28/9/24 28/9/23
Notes £    £   
FIXED ASSETS
Tangible assets 4 4,022 1,928
Investments 5 294,057 173,145
298,079 175,073

CURRENT ASSETS
Debtors 6 273,248 286,633
Cash at bank 392,672 317,214
665,920 603,847
CREDITORS
Amounts falling due within one year 7 (955,998 ) (736,272 )
NET CURRENT LIABILITIES (290,078 ) (132,425 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,001

42,648

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 7,801 42,448
8,001 42,648

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 May 2025 and were signed by:





A R P Mcnaughton - Director


Atlas Commercial Limited (Registered number: 09211376)

Notes to the Financial Statements
for the Year Ended 28 September 2024

1. STATUTORY INFORMATION

Atlas Commercial Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

Atlas Commercial Limited (Registered number: 09211376)

Notes to the Financial Statements - continued
for the Year Ended 28 September 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 29 September 2023 4,818
Additions 3,144
At 28 September 2024 7,962
DEPRECIATION
At 29 September 2023 2,890
Charge for year 1,050
At 28 September 2024 3,940
NET BOOK VALUE
At 28 September 2024 4,022
At 28 September 2023 1,928

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 29 September 2023 173,145
Additions 120,912
At 28 September 2024 294,057
NET BOOK VALUE
At 28 September 2024 294,057
At 28 September 2023 173,145

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28/9/24 28/9/23
£    £   
Trade debtors 62,940 190,932
Other debtors 210,308 95,701
273,248 286,633

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28/9/24 28/9/23
£    £   
Trade creditors 172,733 62,171
Taxation and social security 213,290 198,380
Other creditors 569,975 475,721
955,998 736,272

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Atlas Commercial Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Atlas Commercial Limited for the year ended 28 September 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Atlas Commercial Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Atlas Commercial Limited and state those matters that we have agreed to state to the director of Atlas Commercial Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Atlas Commercial 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 profit of Atlas Commercial Limited. You consider that Atlas Commercial Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Atlas Commercial 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.






Ascott Blake Ltd
11 Ducketts Wharf
Bishop's Stortford
Hertfordshire
CM23 3AR


7 May 2025