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COMPANY REGISTRATION NUMBER: 00757949
ATRA INVESTMENTS LIMITED
Filleted Unaudited Financial Statements
31 March 2025
ATRA INVESTMENTS LIMITED
Statement of Financial Position
31 March 2025
2025
2024
Note
£
£
£
Fixed assets
Investment property
5
721,747
721,747
Current assets
Cash at bank and in hand
154,843
52,273
Creditors: amounts falling due within one year
6
187,002
172,088
---------
---------
Net current liabilities
32,159
119,815
---------
---------
Total assets less current liabilities
689,588
601,932
Provisions
Taxation including deferred tax
75,000
75,000
---------
---------
Net assets
614,588
526,932
---------
---------
Capital and reserves
Called up share capital
400
400
Fair value reserve
8
418,073
418,073
Profit and loss account
8
196,115
108,459
---------
---------
Shareholders funds
614,588
526,932
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year 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 financial statements .
ATRA INVESTMENTS LIMITED
Statement of Financial Position (continued)
31 March 2025
These financial statements were approved by the board of directors and authorised for issue on 25 July 2025 , and are signed on behalf of the board by:
Mr D Fluss
Director
Company registration number: 00757949
ATRA INVESTMENTS LIMITED
Notes to the Financial Statements
Year ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Hallswelle House, 1 Hallswelle Road, London, NW11 0DH.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for rents.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
-
25% reducing balance
Investment property
Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties whose fair value can be measured reliably without any undue cost or effort on an on-going basis are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2024: 2 ).
5. Investment property
Freehold investment property
£
Cost
At 1 April 2024 and 31 March 2025
721,747
---------
Impairment
At 1 April 2024 and 31 March 2025
---------
Carrying amount
At 31 March 2025
721,747
---------
At 31 March 2024
721,747
---------
6. Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
17,351
27,431
Social security and other taxes
1,820
Amounts owed to related undertakings
116,402
116,402
Other creditors
51,429
28,255
---------
---------
187,002
172,088
---------
---------
7. Deferred tax
The deferred tax included in the statement of financial position is as follows:
2025
2024
£
£
Included in provisions
75,000
75,000
--------
--------
The deferred tax account consists of the tax effect of timing differences in respect of:
2025
2024
£
£
Fair value adjustment of financial assets
75,000
75,000
--------
--------
8. Reserves
Other reserves This non-distributable reserve is used to record increases in the fair value of freehold investment properties and decreases to the extent that such decreases relate to the increase on the same asset. The figure is stated net of the associated deferred tax liability. Profit and loss account This is the distributable reserve represented by the retained profit and loss.