Atlantica Estates Development Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 05522852 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2017

FOR

ATLANTICA ESTATES DEVELOPMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

T M Krell

SECRETARY:

T M Krell

REGISTERED OFFICE:

1 City Road East

Manchester

M15 4PN

REGISTERED NUMBER:

05522852 (England and Wales)

ACCOUNTANTS:

KAY JOHNSON GEE LLP

1 City Road East

Manchester

M15 4PN

CREDITORS

Amounts falling due within one year

3

143,792

143,792

NET CURRENT LIABILITIES

(143,792

)

(143,792

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(143,792

)

(143,792

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(143,793

)

(143,793

)

SHAREHOLDERS' FUNDS

(143,792

)

(143,792

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2017 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 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 director on 29th January 2018 and were signed by:

T M Krell - Director

1.	STATUTORY INFORMATION

Atlantica Estates Development Limited is a private company limited by share capital, incorporated in England

and Wales, registration number 05522852. The address of the registered office is 1 City Road East, Manchester,

M15 4PN. The principal place of business is 84 Palatine Road, Manchester, M20 3JW.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

This is the first year that the company has presented its results under FRS 102. The last financial Statements

under UK GAAP were prepared for the year ended 30th April 2016. The date of transition to FRS 102 was 1 May

2015. There were no adjustments resulting from transition to FRS 102.

The company was dormant throughout the current year and previous year.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the

effective interest method, less impairment losses for bad and doubtful debts except where the effect of

discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for

bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the

effective interest method unless the effect of discounting would be immaterial, in which case they are stated at

cost.

Cash and cash equivalents

Cash and cash equivalents comprise of cash at bank and in hand, demand deposits with banks and other

short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the

statement of financial position, bank overdrafts are shown within borrowings or current liabilities.

3.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Amounts owed to group undertakings

74,359

74,359

Other creditors

69,433

69,433

143,792

143,792

4.	RELATED PARTY DISCLOSURES

5.	ULTIMATE CONTROLLING PARTY

The company's ultimate parent company is Levonoh Limited, a company registered in Gibraltar.