Atlas Change Limited - Accounts to registrar (filleted) - small 18.2

Atlas Change Limited - Accounts to registrar (filleted) - small 18.2

ATLAS CHANGE LIMITED - Company Information

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REGISTERED NUMBER: 09200325 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2019

FOR

ATLAS CHANGE LIMITED
ATLAS CHANGE LIMITED (REGISTERED NUMBER: 09200325)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2019










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ATLAS CHANGE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2019







DIRECTORS: C Fisher
Mrs A Fisher





REGISTERED OFFICE: 4 Heath Square
Boltro Rd
Haywards Heath
West Sussex
RH16 1BL





REGISTERED NUMBER: 09200325 (England and Wales)





ACCOUNTANTS: Galloways
30 New Road
Brighton
East Sussex
BN1 1BN
Page 1
ATLAS CHANGE LIMITED (REGISTERED NUMBER: 09200325)

BALANCE SHEET
30 SEPTEMBER 2019

2019 2018
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 81,509 66,289

CURRENT ASSETS
Debtors 5 15,030 14,279
Cash at bank 210,238 196,829
225,268 211,108
CREDITORS
Amounts falling due within one year 6 31,528 38,361
NET CURRENT ASSETS 193,740 172,747
TOTAL ASSETS LESS CURRENT
LIABILITIES
275,249
239,036

PROVISIONS FOR LIABILITIES 7 15,487 12,633
NET ASSETS 259,762 226,403

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 259,760 226,401
SHAREHOLDERS' FUNDS 259,762 226,403

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 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 1 May 2020 and were
signed on its behalf by:





C Fisher - Director


The notes form part of these financial statements

Page 2
ATLAS CHANGE LIMITED (REGISTERED NUMBER: 09200325)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2019


1. STATUTORY INFORMATION

Atlas Change 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents revenue recognised in the accounts excluding value added tax. Services are performed
gradually over time so revenue is recognised as the company fulfils its contractual obligations and activity
progresses by reference to the value of work performed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Motor vehicles - 20% on reducing balance
Computer equipment - 33.3% straight line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different
from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and
laws that have been enacted or substantively enacted by the year end and that are expected to apply to the
reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

Page 3 continued...
ATLAS CHANGE LIMITED (REGISTERED NUMBER: 09200325)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2019


4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2018 101,430 3,711 105,141
Additions 31,156 6,122 37,278
At 30 September 2019 132,586 9,833 142,419
DEPRECIATION
At 1 October 2018 36,515 2,337 38,852
Charge for year 19,214 2,844 22,058
At 30 September 2019 55,729 5,181 60,910
NET BOOK VALUE
At 30 September 2019 76,857 4,652 81,509
At 30 September 2018 64,915 1,374 66,289

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Other debtors 15,030 14,279

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Taxation and social security 25,527 36,140
Other creditors 6,001 2,221
31,528 38,361

7. PROVISIONS FOR LIABILITIES
2019 2018
£    £   
Deferred tax 15,487 12,633

Deferred
tax
£   
Balance at 1 October 2018 12,633
Movement in year 2,854
Balance at 30 September 2019 15,487

8. ULTIMATE CONTROLLING PARTY

During the year the company was under the control of C. Fisher and Mrs A. Fisher, directors and shareholders
of the company.

Page 4