Company registration number: 04941803
Unaudited financial statements
for the year ended 31 December 2024
for
Atlantis Medical Limited
Pages for filing with the Registrar
Company registration number: 04941803
Atlantis Medical Limited
Balance sheet
as at 31 December 2024
31 Dec 24 31 Dec 23
Note £ £ £ £
Fixed assets
Tangible assets 4 9,347 6,377
9,347 6,377
Current assets
Stocks 20,024 50,271
Debtors 275,257 372,959
Cash at bank and in hand 9,448 44,728
304,729 467,958
Creditors: amounts falling due within one
year 		(264,212) (410,130)
Net current assets 40,517 57,828
Total assets less current liabilities 49,864 64,205
Creditors: Amounts falling due after more
than one year 		(5,286) (15,661)
Provisions for liabilities (43,996) (44,840)
NET ASSETS 582 3,704
Capital and reserves
Called up share capital 2,004 2,004
Profit and loss account (1,422) 1,700
TOTAL EQUITY 582 3,704
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 04941803
Atlantis Medical Limited
Balance sheet - continued
as at 31 December 2024
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 30 September 2025 and signed on its behalf by:
Mr M Alborzpour, Director
30 September 2025
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Atlantis Medical Limited
Notes to the financial statements
for the year ended 31 December 2024
1 Company information
Atlantis Medical Limited is a private company registered in England and Wales. Its registered number is 04941803. The company is limited by shares. Its registered office is The Dutch Barn, 359 Barkham Road, Wokingham, RG41 4DJ.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Fixtures & fittings - 25% 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.
Work in progress is valued at the lower of cost and net realisable value. Cost is calculated using the first -in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.
3
Atlantis Medical Limited
Notes to the financial statements - continued
for the year ended 31 December 2024
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 4 (2023 - 9).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 January 2024 27,099
Additions 2,970
At 31 December 2024 30,069
Depreciation
At 1 January 2024 20,722
At 31 December 2024 20,722
Net book value
At 31 December 2024 9,347
At 31 December 2023 6,377
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