| Registered number: 03585044 | ||||||||
| FOR THE YEAR ENDED 31 AUGUST 2024 | ||||||||
| Atlas Repairs Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31 AUGUST 2024 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| Essex | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 03585044 | ||||||||
| ACCOUNTANTS | ||||||||
| Rosewood Wade Limited | ||||||||
| 1 Cambridge Close | ||||||||
| Cheshunt | ||||||||
| Hertfordshire | ||||||||
| EN8 9QS | ||||||||
| Atlas Repairs Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31 AUGUST 2024 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| Atlas Repairs Limited | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2024 | 2023 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 3 | |||||||||
| CURRENT ASSETS | ||||||||||
| Stock | ||||||||||
| Debtors | ||||||||||
| Cash at bank and in hand | ||||||||||
| 1,903,742 | 1,851,122 | |||||||||
| CREDITORS: Amounts falling due within one year | ||||||||||
| NET CURRENT ASSETS | 679,734 | |||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| CREDITORS: Amounts falling due after more than one year | 4 | 346,857 | 320,036 | |||||||
| NET ASSETS | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 5 | |||||||||
| Profit and loss account | 698,929 | 760,258 | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| Atlas Repairs Limited | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31 AUGUST 2024 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Depreciation | ||||||||
| Plant and Machinery | straight line 25% | |||||||
| Equipment | straight line 25% | |||||||
| Motor Cars | straight line 25% | |||||||
| 1c. Stocks | ||||||||
| Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving items. | ||||||||
| Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. | ||||||||
| 1d. Pension Costs | ||||||||
| The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. | ||||||||
| 2. EMPLOYEES | ||||||
| 2024 | 2023 | |||||
| No. | No. | |||||
| Average number of employees | 46 | |||||
| Atlas Repairs Limited | ||||||||
| 3. TANGIBLE FIXED ASSETS | ||||
| Plant and | ||||
| Machinery Etc. | Total | |||
| £ | £ | |||
| Cost | ||||
| At 1 September 2023 | 914,506 | 914,506 | ||
| Additions | 321,373 | 321,373 | ||
| Disposals | (184,541) | (184,541) | ||
| At 31 August 2024 | 1,051,338 | 1,051,338 | ||
| Depreciation | ||||
| At 1 September 2023 | 513,936 | 513,936 | ||
| Disposals | (131,946) | (131,946) | ||
| For the year | 187,518 | 187,518 | ||
| At 31 August 2024 | 569,508 | 569,508 | ||
| Net Book Amounts | ||||
| At 31 August 2024 | 481,830 | 481,830 | ||
| At 31 August 2023 | 400,570 | 400,570 | ||
| 4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
| 2024 | 2023 | |||||||
| £ | £ | |||||||
| Bank loans and overdrafts | 8,113 | 18,111 | ||||||
| Other creditors | 338,744 | 301,925 | ||||||
| 346,857 | 320,036 | |||||||
| Included in other creditors are: | ||||||||
| Obligations under hire purchase | 338,744 | 301,925 | ||||||
| 5. SHARE CAPITAL | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 10 | 10 | |||||||
| 10 | 10 | |||||||
| Atlas Repairs Limited | ||||||||
| 6. CONTROLLING PARTY | ||||||||
| The director, Mr D. P. Griffiths is considered to be the ultimate controlling party of the company. | ||||||||