Atlas Development Projects Limited - Accounts to registrar (filleted) - small 18.2

Atlas Development Projects Limited - Accounts to registrar (filleted) - small 18.2

ATLAS DEVELOPMENT PROJECTS LIMITED - Company Information

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REGISTERED NUMBER: 05450654 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2020

FOR

ATLAS DEVELOPMENT PROJECTS LIMITED
Bryan Grey & Co
Broadfield House
18 Broadfield Road
Sheffield
S8 0XJ








ATLAS DEVELOPMENT PROJECTS LIMITED (REGISTERED NUMBER: 05450654)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2020




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


ATLAS DEVELOPMENT PROJECTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2020







DIRECTOR: C Guest





SECRETARY: R Guest





REGISTERED OFFICE: Unit 1 Atlas Business Park
Starnhill Close
Ecclesfield
Sheffield
S35 9TG





REGISTERED NUMBER: 05450654 (England and Wales)





ACCOUNTANTS: Bryan Grey & Co
Broadfield House
18 Broadfield Road
Sheffield
S8 0XJ
1
ATLAS DEVELOPMENT PROJECTS LIMITED (REGISTERED NUMBER: 05450654)

ABRIDGED BALANCE SHEET
31ST MARCH 2020

2020 2019
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,028 1,343

CURRENT ASSETS
Stocks - 750
Debtors 141,250 154,812
Cash at bank 14,405 2,047
155,655 157,609
CREDITORS
Amounts falling due within one year 355,615 344,615
NET CURRENT LIABILITIES (199,960 ) (187,006 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
(198,932
)
(185,663
)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (199,032 ) (185,763 )
SHAREHOLDERS' FUNDS (198,932 ) (185,663 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes form part of these financial statements

2
ATLAS DEVELOPMENT PROJECTS LIMITED (REGISTERED NUMBER: 05450654)

ABRIDGED BALANCE SHEET - continued
31ST MARCH 2020


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st March 2020 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 1st October 2020 and were signed
by:





C Guest - Director


The notes form part of these financial statements

3
ATLAS DEVELOPMENT PROJECTS LIMITED (REGISTERED NUMBER: 05450654)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2020

1. STATUTORY INFORMATION

Atlas Development Projects 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.

The financial statements have been prepared on the going concern basis on the assumption that the company can
continue to rely on the support of the director.

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.
Plant and equipment - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
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. Work in progress is valued at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st April 2019
and 31st March 2020 14,271
DEPRECIATION
At 1st April 2019 12,928
Charge for year 315
At 31st March 2020 13,243
NET BOOK VALUE
At 31st March 2020 1,028
At 31st March 2019 1,343

4
ATLAS DEVELOPMENT PROJECTS LIMITED (REGISTERED NUMBER: 05450654)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2020

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2020 and
31st March 2019:

2020 2019
£    £   
C Guest
Balance outstanding at start of year 1,497 15,786
Amounts advanced 84,111 1,497
Amounts repaid - (15,786 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 85,608 1,497

5