Company Registration No. NI679964 (Northern Ireland)
Atlas Smart Technologies Ltd
Unaudited accounts
for the year ended 30 June 2025
Atlas Smart Technologies Ltd
Unaudited accounts
Contents
Atlas Smart Technologies Ltd
Company Information
for the year ended 30 June 2025
Directors
Joseph Gillan
Jack Fullerton
James Logan
Peter Gillan
Company Number
NI679964 (Northern Ireland)
Registered Office
119 Tullykittagh Road
Clough
Ballymena
County Antrim
BT44 9RT
Northern Ireland
Accountants
PGR Chartered Accountants
Unit 2 Channel Wharf
21 Old Channel Road
Belfast
Antrim
BT3 9DE
Atlas Smart Technologies Ltd
Statement of financial position
as at 30 June 2025
Tangible assets
5,667
2,591
Cash at bank and in hand
28,365
41,579
Creditors: amounts falling due within one year
(10,205)
(15,339)
Net current assets
21,763
29,343
Called up share capital
49
55
Capital redemption reserve
10
4
Profit and loss account
27,371
31,875
Shareholders' funds
27,430
31,934
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 November 2025 and were signed on its behalf by
Peter Gillan
Director
Company Registration No. NI679964
Atlas Smart Technologies Ltd
Notes to the Accounts
for the year ended 30 June 2025
Atlas Smart Technologies Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI679964. The registered office is 119 Tullykittagh Road, Clough, Ballymena, County Antrim, BT44 9RT, Northern Ireland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The directors believe that Atlas Smart Technologies Ltd has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in preparation of its financial statements.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of software is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% - Straight Line
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Atlas Smart Technologies Ltd
Notes to the Accounts
for the year ended 30 June 2025
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
7,895
13,791
Loans from directors
-
131
Allotted, called up and fully paid:
99 Ordinary Shares of £0.50 each
49.50
55.50
8
Average number of employees
During the year the average number of employees was 3 (2024: 2).