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REGISTERED NUMBER: 12382599 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

ATELIER 18 LTD

ATELIER 18 LTD (REGISTERED NUMBER: 12382599)






Contents of the Financial Statements
for the year ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ATELIER 18 LTD

Company Information
for the year ended 31 March 2025







DIRECTOR: J M Foster





REGISTERED OFFICE: 18 High Street
Banstead
SM7 2LJ





REGISTERED NUMBER: 12382599 (England and Wales)





ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

ATELIER 18 LTD (REGISTERED NUMBER: 12382599)

Balance Sheet
31 March 2025

2025 2024
Notes £ £
FIXED ASSETS
Intangible assets 4 23,343 26,843
Tangible assets 5 19,449 26,689
42,792 53,532

CURRENT ASSETS
Stocks 13,142 11,973
Debtors 6 1,837 4,677
Cash at bank and in hand 24,687 32,368
39,666 49,018
CREDITORS
Amounts falling due within one year 7 (85,855 ) (94,584 )
NET CURRENT LIABILITIES (46,189 ) (45,566 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,397

)

7,966

PROVISIONS FOR LIABILITIES 8 (4,862 ) (6,672 )
NET (LIABILITIES)/ASSETS (8,259 ) 1,294

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings (8,261 ) 1,292
SHAREHOLDERS' FUNDS (8,259 ) 1,294

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

ATELIER 18 LTD (REGISTERED NUMBER: 12382599)

Balance Sheet - continued
31 March 2025


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 18 July 2025 and were signed by:





J M Foster - Director


ATELIER 18 LTD (REGISTERED NUMBER: 12382599)

Notes to the Financial Statements
for the year ended 31 March 2025

1. STATUTORY INFORMATION

Atelier 18 Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Revenue represents the total value, excluding VAT, of sales made during the year and derives from the provision of goods and services falling within the company's ordinary activities.

Revenue from hair and beauty services is recognised when the service is provided. Revenue from the sale of goods is recognised at the point of sale.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures & fittings-Straight line over 5 years
Computer equipment-Straight line over 4 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.


ATELIER 18 LTD (REGISTERED NUMBER: 12382599)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution plan for it's employees. A defined benefit contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in the Statement of Profit or Loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial position. The assets of the plan are held separately from the company in independently administered funds.

Impairment
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

ATELIER 18 LTD (REGISTERED NUMBER: 12382599)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£ £ £
COST
At 1 April 2024
and 31 March 2025 35,000 3 35,003
AMORTISATION
At 1 April 2024 8,160 - 8,160
Charge for year 3,500 - 3,500
At 31 March 2025 11,660 - 11,660
NET BOOK VALUE
At 31 March 2025 23,340 3 23,343
At 31 March 2024 26,840 3 26,843

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£ £ £
COST
At 1 April 2024 46,497 1,981 48,478
Additions 1,388 1,415 2,803
At 31 March 2025 47,885 3,396 51,281
DEPRECIATION
At 1 April 2024 21,207 582 21,789
Charge for year 9,371 672 10,043
At 31 March 2025 30,578 1,254 31,832
NET BOOK VALUE
At 31 March 2025 17,307 2,142 19,449
At 31 March 2024 25,290 1,399 26,689

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade debtors - 4,519
Other debtors 1,837 158
1,837 4,677

ATELIER 18 LTD (REGISTERED NUMBER: 12382599)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade creditors 2,114 900
Taxation and social security 26,359 23,222
Other creditors 57,382 70,462
85,855 94,584

8. PROVISIONS FOR LIABILITIES
2025 2024
£ £
Deferred tax 4,862 6,672

Deferred tax
£
Balance at 1 April 2024 6,672
Accelerated capital allowances (1,810 )
Balance at 31 March 2025 4,862

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £ £
2 Ordinary 1 2 2

10. UNLAWFUL DIVIDENDS

Under s830 of the Companies Act 2006 a company is prohibited from making a distribution except out of profits available for this purpose. If at the time of distribution the members know or have reasonable grounds for knowing that a distribution is unlawful they are liable to repay it (or that part of it, as the case may be) to the company in the event of a winding up as stipulated by s847 of the Companies Act 2006.

At the time the dividend was paid the directors were not aware that there were insufficient profits available for distribution and the directors acknowledge that no further distributions can be made until there are sufficient profits available for that purpose.