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Company Registration No. 12235607 (England and Wales)
ATLAS TRADE SOLUTIONS LIMITED Unaudited accounts for the year ended 31 October 2025
ATLAS TRADE SOLUTIONS LIMITED Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
11,555
13,507
Current assets
Debtors
5
6,790
6,172
Cash at bank and in hand
10,232
17,388
17,022
23,560
Creditors: amounts falling due within one year
6
(8,326)
(8,126)
Net current assets
8,696
15,434
Total assets less current liabilities
20,251
28,941
Creditors: amounts falling due after more than one year
7
(19,022)
(24,265)
Net assets
1,229
4,676
Capital and reserves
Called up share capital
10
10
Profit and loss account
1,219
4,666
Shareholders' funds
1,229
4,676
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 27 February 2026 and were signed on its behalf by
Hussain Patel Director Company Registration No. 12235607
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ATLAS TRADE SOLUTIONS LIMITED Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
ATLAS TRADE SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12235607. The registered office is 49-A Seymour Gardens, Ilford, IG1 3LP.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 goods 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:
Plant & machinery
33.33% straight line basis
Motor vehicles
18% reducing balance method
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 November 2024
1,599
34,080
35,679
Additions
1,230
-
1,230
At 31 October 2025
2,829
34,080
36,909
Depreciation
At 1 November 2024
533
21,639
22,172
Charge for the year
943
2,239
3,182
At 31 October 2025
1,476
23,878
25,354
Net book value
At 31 October 2025
1,353
10,202
11,555
At 31 October 2024
1,066
12,441
13,507
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ATLAS TRADE SOLUTIONS LIMITED Notes to the Accounts for the year ended 31 October 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
910
549
Accrued income and prepayments
1,243
817
Other debtors
4,637
4,806
6,790
6,172
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
5,294
5,294
Taxes and social security
62
589
Other creditors
2,490
1,763
Accruals
480
480
8,326
8,126
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
19,022
24,265
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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