Company registration number: 15602651
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
Atem Trading Co Ltd
Pages for filing with the Registrar
Company registration number: 15602651
Atem Trading Co Ltd
Balance sheet
as at 31 March 2026
31 Mar 26 31 Mar 25
Note £ £ £ £
Fixed assets
Tangible assets 4 30,565 38,699
30,565 38,699
Current assets
Debtors 5 175,677 222,055
Cash at bank and in hand 113,152 149,855
288,829 371,910
Creditors: amounts falling due within one
year 		6 (404,668) (523,126)
Net current liabilities (115,839) (151,216)
Total assets less current liabilities (85,274) (112,517)
Provisions for liabilities (7,494) -
NET LIABILITIES (92,768) (112,517)
Capital and reserves
Called up share capital 100 100
Profit and loss account (92,868) (112,617)
TOTAL EQUITY (92,768) (112,517)
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 March 2026.
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: 15602651
Atem Trading Co Ltd
Balance sheet - continued
as at 31 March 2026
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 21 May 2026 and signed on its behalf by:
Mr Z Rumbelow, Director
21 May 2026
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Atem Trading Co Ltd
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
Atem Trading Co Ltd is a private company registered in England and Wales. Its registered number is 15602651. The company is limited by shares. Its registered office is Norwich Accountancy, 19 Upper King Street, Norwich, Norfolk, NR3 1RB.
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.:
Motor vehicles - 20% straight line
Computer equipment - 20% straight line
Taxation
Taxation for the year comprises current and deferred 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 or deferred 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.
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Atem Trading Co Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
2 Accounting policies - continued
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that been enacted or substantively enacted by the balance sheet date and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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 13 (2025 - 12).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 April 2025 43,605
Additions 665
At 31 March 2026 44,270
Depreciation
At 1 April 2025 4,906
Charge for year 8,799
At 31 March 2026 13,705
Net book value
At 31 March 2026 30,565
At 31 March 2025 38,699
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Atem Trading Co Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
5 Debtors
31 Mar 26 31 Mar 25
£ £
Trade debtors 69,159 102,528
Amounts owed by participating interests 80,839 70,300
Taxation 104 -
Prepayments and accrued income 25,575 49,227
175,677 222,055
6 Creditors: amounts falling due within one year
31 Mar 26 31 Mar 25
£ £
Trade creditors - 11,998
Amounts owed to participating interests 29,853 44,408
Amounts owed to directors 67,972 75,993
Other creditors 412 1,922
VAT payable 50,787 68,679
Accruals and deferred income 255,644 320,126
404,668 523,126
7 Related party transactions
Within the profit loss, there is an impairment of intercompany loan balance to DBENDS Ltd. The loan is
unrecoverable due to the company becoming dissolved dated 18 November 2025. The loan amounted to £20,000 (2025: £30,000).
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