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Registered number: 14104739
Atlantis Mif Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2026
SKZ Chartered Certified Accountants
Chartered Certified Accountants
Unit 1,Kataria Point,
1 Riches Road,
Ilford
Essex
IG1 1JH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14104739
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 12,258 20,801
12,258 20,801
CURRENT ASSETS
Debtors 5 63,822 42,246
Cash at bank and in hand 1,761 8,877
65,583 51,123
Creditors: Amounts Falling Due Within One Year 6 (24,891 ) (18,627 )
NET CURRENT ASSETS (LIABILITIES) 40,692 32,496
TOTAL ASSETS LESS CURRENT LIABILITIES 52,950 53,297
Creditors: Amounts Falling Due After More Than One Year 7 (63,718 ) (69,679 )
NET LIABILITIES (10,768 ) (16,382 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (10,868 ) (16,482 )
SHAREHOLDERS' FUNDS (10,768) (16,382)
Page 1
Page 2
For the year ending 31 May 2026 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Syed Kashif Zafar
Director
03/07/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Atlantis Mif Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14104739 . The registered office is Unit 1,Kataria Point,, 1 Riches Road,, Ilford, Essex, IG1 1JH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 20% SLM
Fixtures & Fittings 15% SLM
Computer Equipment 33.33% SLM
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2025: 3)
3 3
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 June 2025 35,745 3,525 2,597 41,867
As at 31 May 2026 35,745 3,525 2,597 41,867
Depreciation
As at 1 June 2025 19,064 529 1,473 21,066
Provided during the period 7,149 529 865 8,543
As at 31 May 2026 26,213 1,058 2,338 29,609
Net Book Value
As at 31 May 2026 9,532 2,467 259 12,258
As at 1 June 2025 16,681 2,996 1,124 20,801
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Page 4
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 62,970 41,417
VAT 852 829
63,822 42,246
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 18,392 8,875
Other taxes and social security 2,677 1,926
Net wages 553 4,907
Accruals and deferred income 1,406 2,270
Director's loan account 1,863 649
24,891 18,627
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Other loans 9,343 16,358
Amounts owed to group undertakings 54,375 53,321
63,718 69,679
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
Page 4