Company No: 14100028 (England and Wales)

Contents

• Company Information
• Statement of Financial Position
• Notes to the Financial Statements

DIRECTORS	Peter Anthony Hughes
	Luis Eduardo Rendon Vargas

REGISTERED OFFICE	Unit 29
	Waterwells Business Park Kestrel Court
	Waterwells Drive
	Quedgeley
	GL2 2AT
	United Kingdom

COMPANY NUMBER

14100028 (England and Wales)

AUDITOR	S&W Partners Audit Limited
	Chartered Accountants
	Statutory Auditor
	103 Colmore Row
	Birmingham
	B3 3AG

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	4,663		6,217
		4,663		6,217
Current assets
Debtors	4	199,357		124,743
Cash at bank and in hand		22,254		0
		221,611		124,743
Creditors: amounts falling due within one year	5	( 107,841)		( 60,425)
Net current assets		113,770		64,318
Total assets less current liabilities		118,433		70,535
Provision for liabilities	6	798		( 1,181)
Net assets		119,231		69,354
Capital and reserves
Called-up share capital		1,000		1,000
Profit and loss account		118,231		68,354
Total shareholder's funds		119,231		69,354

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Comprehensive Income has not been delivered.

The financial statements of Atlantic Track International (UK) Limited (registered number: 14100028) were approved and authorised for issue by the Board of Directors on 09 December 2025. They were signed on its behalf by:

Peter Anthony Hughes Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Atlantic Track International (UK) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 29, Waterwells Business Park Kestrel Court, Waterwells Drive, Quedgeley, GL2 2AT, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of Atlantic Track International (UK) Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue in Atlantic Track International (UK) is wholly generated through a transfer pricing arrangement with its parent entity, Atlantic Track International LLC. The company is therefore reliant on the support of the parent company. The parent company has provided a signed letter of support that it will continue to provide financial support to the company for at least 12 months from the date of the signing of the accounts. As part of this letter of support the Atlantic Track International LLC stated that it agrees to consider the final net position of intercompany balances for payment purposes, indicating that no intercompany creditor balance within the statement of financial position for Atlantic Track International (UK) Limited will be called in by the parent, as the company is in a net debtor position due to the transfer pricing agreement. The accounts have been prepared on this basis. The directors are satisfied that the company can continue as a going concern for the foreseeable future.

Turnover

Revenue represents fees, exclusive of Value Added Tax, for supporting its parent company's activities. Revenue is calculated using an agreed mark-up on certain underlying administrative costs that are incurred during the financial period.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Comprehensive Income in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Statement of Financial Position.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment

5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Statement of Financial Position date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		4

3. Tangible assets

	Computer equipment		Total
	£		£
Cost
At 01 April 2024	7,771		7,771
At 31 March 2025	7,771		7,771
Accumulated depreciation
At 01 April 2024	1,554		1,554
Charge for the financial year	1,554		1,554
At 31 March 2025	3,108		3,108
Net book value
At 31 March 2025	4,663		4,663
At 31 March 2024	6,217		6,217

4. Debtors

	2025		2024
	£		£
Amounts owed by Group undertakings	181,723		101,556
Prepayments	12,300		7,666
VAT recoverable	5,334		15,521
	199,357		124,743

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	39,304		1,970
Accruals	22,357		22,338
Corporation tax	37,605		18,999
Other taxation and social security	718		15,625
Other creditors	7,857		1,493
	107,841		60,425

6. Provision for liabilities

	2025		2024
	£		£
Deferred tax	( 798)		1,181

	Deferred taxation		Total
	£		£
At 01 April 2024	1,181		1,181
Credited to the Profit and Loss Account	( 1,979)		( 1,979)
At 31 March 2025	( 798)		( 798)

Deferred tax

	2025		2024
	£		£
Other timing differences	( 798)		1,181
Provision for deferred tax	( 798)		1,181

7. Related party transactions

The Company has taken advantage of the exemption available under FRS102 and not disclosed transactions with any wholly owned group companies.

8. Audit Opinion

The auditor's report on the accounts for the financial year ended 31 March 2025 was unqualified.

The audit report was signed by Stephen Drew on behalf of S&W Partners Audit Limited, Chartered Accountants.