REGISTERED NUMBER: 07461966 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

ATC Minerals Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J M Evans

REGISTERED OFFICE:

Unit 4 C/O JME Advance Ltd

Hobson Street

Burslem

Stoke on Trent

Staffordshire

ST6 2AW

REGISTERED NUMBER:

07461966 (England and Wales)

ACCOUNTANTS:

Paterson Brodie Limited

Chartered Certified Accountants

Cliveden Chambers

Cliveden Place

Longton

Stoke-on-Trent

Staffordshire

ST3 4JB

FIXED ASSETS

Tangible assets

4

165,434

142,654

Investments

5

9,298

4,627

174,732

147,281

CURRENT ASSETS

Stocks

5,000

5,000

Debtors

6

459,651

350,849

Cash at bank and in hand

401,172

287,135

865,823

642,984

CREDITORS

Amounts falling due within one year

7

406,226

230,656

NET CURRENT ASSETS

459,597

412,328

TOTAL ASSETS LESS CURRENT LIABILITIES

634,329

559,609

CREDITORS

Amounts falling due after more than one year

8

(4,583

)

-

PROVISIONS FOR LIABILITIES

10

(38,929

)

(33,079

)

NET ASSETS

590,817

526,530

CAPITAL AND RESERVES

Called up share capital

170

185

Capital redemption reserve

30

15

Retained earnings

590,617

526,330

SHAREHOLDERS' FUNDS

590,817

526,530

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 26 September 2025 and were signed by:

J M Evans - Director

1.	STATUTORY INFORMATION

ATC Minerals 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 as modified by the revaluation of certain assets.

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 & equipment

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

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

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 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 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant &

and

Motor

Computer

equipment

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

255,144

5,557

79,313

3,316

343,330

Additions

73,993

-

-

230

74,223

Disposals

(18,750

)

-

-

-

(18,750

)

At 31 December 2024

310,387

5,557

79,313

3,546

398,803

DEPRECIATION

At 1 January 2024

158,876

1,486

38,605

1,709

200,676

Charge for year

32,784

555

10,178

460

43,977

Eliminated on disposal

(11,284

)

-

-

-

(11,284

)

At 31 December 2024

180,376

2,041

48,783

2,169

233,369

NET BOOK VALUE

At 31 December 2024

130,011

3,516

30,530

1,377

165,434

At 31 December 2023

96,268

4,071

40,708

1,607

142,654

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 January 2024

4,627

Revaluations

4,671

At 31 December 2024

9,298

NET BOOK VALUE

At 31 December 2024

9,298

At 31 December 2023

4,627

Cost or valuation at 31 December 2024 is represented by:

Other

investments

£

Valuation in 2021

(2,585

)

Valuation in 2022

(4,541

)

Valuation in 2023

1,753

Valuation in 2024

4,671

Cost

10,000

9,298

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

162,643

56,426

Other debtors

292,091

292,091

Prepayments

4,917

2,332

459,651

350,849

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts (see note 9)

5,000

-

Trade creditors

153,684

74,162

Tax

37,959

-

Social security and other taxes

2,719

(6,952

)

VAT

387

5,904

Other creditors

8,459

8,589

Directors' current accounts

194,548

143,653

Accrued expenses

3,470

5,300

406,226

230,656

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts (see note 9)

4,583

-

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.12.24

31.12.23

£

£

Net obligations repayable:

Within one year

5,000

-

Between one and five years

4,583

-

9,583

-

10.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

38,929

33,079

Deferred

tax

£

Balance at 1 January 2024

33,079

Provided during year

5,850

Balance at 31 December 2024

38,929

11.	ULTIMATE CONTROLLING PARTY

The company is controlled by one of its directors/shareholders, James Evans, who together with a related party holds 100% of the issued share capital.