Company Registration No. 04143684 (England and Wales)
Atlantic Trading (Norfolk) Limited
Unaudited accounts
for the year ended 31 January 2026
Atlantic Trading (Norfolk) Limited
Unaudited accounts
Contents
Atlantic Trading (Norfolk) Limited
Company Information
for the year ended 31 January 2026
Secretary
Mr Stephen Batch
Company Number
04143684 (England and Wales)
Registered Office
Sparrow Hall Farm Sparrow Hall Lane
Blofield
Norwich
NR13 4LH
Accountants
JHW Azoth Ltd
13 The Close
Norwich
Norfolk
NR1 4DS
Atlantic Trading (Norfolk) Limited
Statement of financial position
as at 31 January 2026
Tangible assets
73,723
48,253
Inventories
724,400
644,400
Cash at bank and in hand
12,500
12,437
Creditors: amounts falling due within one year
(552,628)
(407,468)
Net current assets
242,063
323,605
Total assets less current liabilities
315,786
371,858
Creditors: amounts falling due after more than one year
(227,318)
(241,822)
Provisions for liabilities
Deferred tax
(18,431)
(12,063)
Called up share capital
100
100
Profit and loss account
69,937
117,873
Shareholders' funds
70,037
117,973
For the year ending 31 January 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 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 20 October 2026 and were signed on its behalf by
Mr Stephen Batch
Director
Company Registration No. 04143684
Atlantic Trading (Norfolk) Limited
Notes to the Accounts
for the year ended 31 January 2026
Atlantic Trading (Norfolk) Limited is a private company, limited by shares, registered in England and Wales, registration number 04143684. The registered office is Sparrow Hall Farm Sparrow Hall Lane, Blofield, Norwich, NR13 4LH.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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 accounts. 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 current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Atlantic Trading (Norfolk) Limited
Notes to the Accounts
for the year ended 31 January 2026
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2025
48,047
55,000
103,047
At 31 January 2026
48,047
105,000
153,047
At 1 February 2025
45,565
9,229
54,794
Charge for the year
621
23,909
24,530
At 31 January 2026
46,186
33,138
79,324
At 31 January 2026
1,861
71,862
73,723
At 31 January 2025
2,482
45,771
48,253
Amounts falling due within one year
Trade debtors
33,908
63,619
Other debtors
23,883
10,617
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
71,063
46,627
Obligations under finance leases and hire purchase contracts
9,684
-
Trade creditors
398,411
300,828
Taxes and social security
25,229
15,132
Loans from directors
236
-
Atlantic Trading (Norfolk) Limited
Notes to the Accounts
for the year ended 31 January 2026
7
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
195,309
241,822
Obligations under finance leases and hire purchase contracts
32,009
-
8
Average number of employees
During the year the average number of employees was 4 (2025: 5).