ATLAS DRYLINING LIMITED


Directors	BAKER, Andrew James
	HARRIS, Tony Charles
	WARDLAW, Robin George


Registered Address	6-9 Snow Hill, Farringdon
	London
	EC1A 2AY


Registered Number	15991660 (England and Wales)

Statement of Financial Position
31 March 2026

	Notes	2026
		£	£
Current assets
Debtors	3	60,246
Cash at bank and on hand		5,930
		66,176
Creditors amounts falling due within one year	4	(476,273)
Net current assets (liabilities)			(410,097)
Total assets less current liabilities			(410,097)
Net assets			(410,097)
Capital and reserves
Called up share capital			1
Profit and loss account			(410,098)
Shareholders' funds			(410,097)

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 26 August 2026, and are signed on its behalf by:

HARRIS, Tony Charles
Director
Registered Company No. 15991660

ATLAS DRYLINING LIMITED

Notes to the Financial Statements
for the period ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	At the time of approving the financial statements, the directors have a reasonable expectation that the company have adequate resources to continue in operational existence for the foreseeable future, primarily down to the support of a commonly owned company. Thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

	Turnover policy
	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 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 policy

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 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.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2026
	Average number of employees during the year	3

3.	Debtors: amounts due within one year

		2026
		£
	Amounts owed by group undertakings	1
	Other debtors	60,245
	Total	60,246

4.	Creditors: amounts due within one year

		2026
		£
	Trade creditors / trade payables	361,782
	Amounts owed to related parties	106,953
	Taxation and social security	460
	Other creditors	3,578
	Accrued liabilities and deferred income	3,500
	Total	476,273

5.	Related party transactions
	The Company has taken advantage of the exemption contained in Section 33 of FRS 102 "Related Party Disclosures" from disclosing transactions with the entities which are part of the Group, since 100% of the voting rights in the Company are controlled within the Group. At the year-end, included in other creditors is amounts totalling £1,078 that were due to a company under common control. This balance is interest free and repayable on demand.

Related party transactions

The Company has taken advantage of the exemption contained in Section 33 of FRS 102 "Related Party Disclosures" from disclosing transactions with the entities which are part of the Group, since 100% of the voting rights in the Company are controlled within the Group.

At the year-end, included in other creditors is amounts totalling £1,078 that were due to a company under common control. This balance is interest free and repayable on demand.

6.	Controlling party
	This company's ultimate parent undertaking and controlling party is Atlas Holdings Soho Limited, a company registered in England and Wales, company number 15986901. As part of a small group, this company is exempt from producing group accounts. These accounts are for this company alone.