Atlas Midlands Holdings Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09012191 (England and Wales)

Unaudited Financial Statements

for the Period

27 April 2024 to 24 April 2025

for

ATLAS MIDLANDS HOLDINGS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

C Hamit

A Hamit

REGISTERED OFFICE:

573 Chester Road

Sutton Coldfield

B73 5HU

REGISTERED NUMBER:

09012191 (England and Wales)

ACCOUNTANTS:

A K Papadamou & Co

Accountants & Tax Advisors

573 Chester Road

Sutton Coldfield

West Midlands

B73 5HU

BANKERS:

Barclays Bank PLC

21 Birmingham Road

Sutton Coldfield

West Midlands

B72 1PW

FIXED ASSETS

Tangible assets

4

56,111

43,520

Investments

5

50

Investment property

6

1,437,038

1,493,199

1,480,608

CURRENT ASSETS

Debtors

7

1,375,389

1,374,870

Cash at bank

2,126

1,544

1,377,515

1,376,414

CREDITORS

Amounts falling due within one year

8

1,351,801

1,210,434

NET CURRENT ASSETS

25,714

165,980

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,518,913

1,646,588

CREDITORS

Amounts falling due after more than one
year

9

(692,830

)

(696,969

)

PROVISIONS FOR LIABILITIES

10

(170,907

)

(170,907

)

NET ASSETS

655,176

778,712

CAPITAL AND RESERVES

Called up share capital

1,000

Fair value reserve

11

577,459

Retained earnings

76,717

200,253

SHAREHOLDERS' FUNDS

655,176

778,712

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 24 April 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 24 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 May 2026 and were signed on its behalf by:

C Hamit - Director

1.	STATUTORY INFORMATION

Atlas Midlands Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents rents received, exclusive of value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

leasehold

fittings

Totals

£

COST

At 27 April 2024

28,496

35,697

64,193

Additions

14,845

-

14,845

At 24 April 2025

43,341

35,697

79,038

DEPRECIATION

At 27 April 2024

-

20,673

Charge for period

-

2,254

At 24 April 2025

-

22,927

NET BOOK VALUE

At 24 April 2025

43,341

12,770

56,111

At 26 April 2024

28,496

15,024

43,520

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 27 April 2024

and 24 April 2025

50

NET BOOK VALUE

At 24 April 2025

50

At 26 April 2024

50

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 27 April 2024

and 24 April 2025

1,437,038

NET BOOK VALUE

At 24 April 2025

1,437,038

At 26 April 2024

1,437,038

Fair value at 24 April 2025 is represented by:

£

Valuation in 2016

23,427

Valuation in 2018

130,619

Valuation in 2019

320,000

Valuation in 2020

120,000

Valuation in 2021

70,000

Valuation in 2024

67,459

Cost

705,533

1,437,038

If the investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

Cost

705,533

Investment properties were valued on an open market basis on 24 April 2025 by the directors .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other debtors

1,276,118

1,314,162

Prepayments and accrued income

99,271

60,708

1,375,389

1,374,870

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

31,248

33,137

Trade creditors

9,723

2,133

Tax

8,938

25,644

Social security and other taxes

721

1,863

Other creditors

1,257,375

1,114,689

Directors' current accounts

9,415

3,007

Accruals and deferred income

34,381

29,961

1,351,801

1,210,434

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans - 1-2 years

67,125

68,222

Bank loans - 2-5 years

138,256

139,460

Bank loans more 5 yr by instal

487,449

489,287

692,830

696,969

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

487,449

489,287

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

Revaluation in Profit & loss

170,907

Deferred

tax

£

Balance at 27 April 2024

170,907

Charge for the year

Balance at 24 April 2025

170,907

11.

RESERVES

Fair

value

reserve

£

At 27 April 2024

and 24 April 2025

577,459