Atlas Interactive Premium Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04293198 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

ATLAS INTERACTIVE PREMIUM LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTOR:

S Allimant

SECRETARY:

Ms D Turner

REGISTERED OFFICE:

47b Welbeck Street

London

W1G 9XA

REGISTERED NUMBER:

04293198 (England and Wales)

ACCOUNTANTS:

Cameron Baum Limited

88 Crawford Street

London

W1H 2EJ

CURRENT ASSETS

Debtors

848,235

851,068

Cash at bank

28,901

2,827

877,136

853,895

CREDITORS

Amounts falling due within one year

1,181,430

1,089,648

NET CURRENT LIABILITIES

(304,294

)

(235,753

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(304,294

)

(235,753

)

CAPITAL AND RESERVES

Called up share capital

2

1

1

Profit and loss account

(304,295

)

(235,754

)

SHAREHOLDERS' FUNDS

(304,294

)

(235,753

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 18 December 2015 and were signed by:

S Allimant - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover comprises income from telecommunications services and is shown net of Value Added Tax.

Deferred tax

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

balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling

at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

£1

1

1

3.	ULTIMATE PARENT COMPANY

The directors consider that the ultimate parent company and controlling entity is Atlas Group of Companies Ltd,

a company incorporated in Bermuda.

4.	GOING CONCERN

The company has the ongoing financial support of its parent company and this is expected for the foreseeable

future. The company is therefore able to continue as a going concern, based on this support.

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Atlas Interactive Premium Limited for the year ended 31 December 2014 which comprise the

Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Atlas Interactive Premium Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Atlas Interactive Premium Limited and state those matters that we have agreed to state to the director of Atlas Interactive Premium Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Atlas Interactive Premium Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Atlas Interactive Premium Limited. You consider that Atlas Interactive Premium Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Atlas Interactive Premium

Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information

and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial

statements.

Cameron Baum Limited

88 Crawford Street

London

W1H 2EJ

18 December 2015