ATA CNC PROCESSES LIMITED - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10891396 (England and Wales)

Financial Statements

for the period

1st August 2018 to 31st March 2019

for

ATA CNC PROCESSES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss M R Amos

P R Moore

REGISTERED OFFICE:

ATA House

Boundary Way

Hemel Hempstead

Hertfordshire

HP2 7SS

REGISTERED NUMBER:

10891396 (England and Wales)

ACCOUNTANTS:

Attenboroughs (Accountants) Limited

Chartered Certified Accountants

1 Tower House

Tower Centre

Hoddesdon

Hertfordshire

EN11 8UR

FIXED ASSETS

Tangible assets

3

14,200

-

CURRENT ASSETS

Stocks

4

24,582

29,295

Debtors

5

95,439

60,802

Cash at bank

70,379

-

190,400

90,097

CREDITORS

Amounts falling due within one year

6

229,652

91,627

NET CURRENT LIABILITIES

(39,252

)

(1,530

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(25,052

)

(1,530

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

(25,152

)

(1,630

)

SHAREHOLDERS' FUNDS

(25,052

)

(1,530

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2019 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 19th August 2019 and were signed on its behalf by:

Miss M R Amos - Director

P R Moore - Director

1.	STATUTORY INFORMATION

ATA CNC PROCESSES 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.

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.

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

3.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

Additions

16,990

At 31st March 2019

16,990

DEPRECIATION

Charge for period

2,790

At 31st March 2019

2,790

NET BOOK VALUE

At 31st March 2019

14,200

4.

STOCKS

31/3/19

31/7/18

£

£

Stock of machines

24,582

29,295

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/19

31/7/18

£

£

Trade debtors

95,439

16,643

Other debtors

-

2,046

Related company - A.T.A. (Engineering Processes) Ltd

-

42,113

95,439

60,802

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/19

31/7/18

£

£

Trade creditors

94,509

38,065

VAT

3,598

1,312

Related company - Total CNC Solutions Limited

49,950

49,950

Related company - ATA

Engineering Processes Limited

76,885

-

Accrued expenses

4,710

2,300

229,652

91,627

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/19

31/7/18

value:

£

£

100

Ordinary

£1

100

100

8.	RELATED PARTY DISCLOSURES

During the period the company was related to ATA (Engineering Processes) Limited and Total CNC Solutions

Limited by virtue of their ownership of 50% each of the Ordinary Share Capital of the company. All transactions

were made on an arms length basis. The amounts owed to them are shown in the notes to the financial statements.