Registration number: 10115748

ATC Processing Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

ATC Processing Ltd

Company Information

Directors

Mr Syed Najaf Hussain Shah Mrs Anika Fazeelat Shah Mr Syed Mohammed Gohar Hussain Shah

Registered office

1st Floor Woodgate Studios 2-8 Games Road Cockfosters Barnet Hertfordshire EN4 9HN

Accountants

Duncan & Toplis Limited 3rd Floor Marlborough House 298 Regents Park Road London N3 2SZ

ATC Processing Ltd

(Registration number: 10115748)
Balance Sheet as at 31 July 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	11,706	14,632
Investment property	5	4,851,763	4,851,763
		4,863,469	4,866,395
Current assets
Debtors	6	5,179	24,732
Creditors: Amounts falling due within one year	7	(1,800,487)	(1,686,504)
Net current liabilities		(1,795,308)	(1,661,772)
Total assets less current liabilities		3,068,161	3,204,623
Creditors: Amounts falling due after more than one year	7	(2,030,564)	(2,100,212)
Provisions for liabilities		(295,615)	(295,615)
Net assets		741,982	808,796
Capital and reserves
Called up share capital		1,000	1,000
Other reserves		886,846	886,846
Retained earnings		(145,864)	(79,050)
Shareholders' funds		741,982	808,796

ATC Processing Ltd

(Registration number: 10115748)
Balance Sheet as at 31 July 2025

For the financial year ending 31 July 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 23 October 2025 and signed on its behalf by:
 

......................................... Mr Syed Najaf Hussain Shah Director

ATC Processing Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
1st Floor Woodgate Studios
2-8 Games Road
Cockfosters
Barnet
Hertfordshire
EN4 9HN

These financial statements were authorised for issue by the Board on 23 October 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The accounts are prepared in the company's functional currency of British Pounds (£) and rounded to the nearest £1.

Going concern

The financial statements have been prepared on a going concern basis the validity of which is based upon the continued support of the directors.

Revenue recognition

Turnover comprises rent receivable.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Furniture, fittings and equipment	20% Reducing balance

ATC Processing Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the directors. The directors use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Debtors with no stated interest rate and receivable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Trade creditors

Creditors with no stated interest rate and payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

ATC Processing Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 August 2024	18,921	18,921
At 31 July 2025	18,921	18,921
Depreciation
At 1 August 2024	4,289	4,289
Charge for the year	2,926	2,926
At 31 July 2025	7,215	7,215
Carrying amount
At 31 July 2025	11,706	11,706
At 31 July 2024	14,632	14,632

5	Investment properties

	2025 £
At 1 August	4,851,763
At 31 July	4,851,763

The investment properties were valued by the directors on an open market basis and had a cost of £3,669,302 (2023 - £3,669,302).

6

Debtors

Current	2025 £	2024 £
Trade debtors	-	747
Prepayments	-	19,590
Other debtors	5,179	4,395
	5,179	24,732

ATC Processing Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	52,368	52,368
Trade creditors		-	3,052
Accruals and deferred income		10,555	23,714
Other creditors		1,737,564	1,607,370
		1,800,487	1,686,504

ATC Processing Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	2,030,564	2,100,212

Security

The above loans are secured by way of first legal charge on the investment properties held by the company, and by way of personal guarantee from the director Mr Syed Najaf Hussain Shah.

8	Related party transactions

Included in other creditors is an interest free amount of £1,737,564 (2024: £1,586,314) owed to the directors.
 

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	2,030,564	2,100,212

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	52,368	52,368