Company Registration No. 8366932 (England and Wales)
ATL Commercial Kitchens Limited
Unaudited accounts
for the period from 1 February 2017 to 31 March 2018
ATL Commercial Kitchens Limited
Unaudited accounts
Contents
ATL Commercial Kitchens Limited
Company Information
for the period from 1 February 2017 to 31 March 2018
Directors
Ashley James Stephenson
Lisa Alexandra Graham
Company Number
8366932 (England and Wales)
Registered Office
Unit 9 Factory Estate
Boulevard
Hull
HU3 4AY
United Kingdom
Accountants
Port Accounting Services Limited
Suite B
32-36 Prospect Street
Hull
East Yorkshire
HU2 8PX
ATL Commercial Kitchens Limited
Statement of financial position
as at 31 March 2018
Tangible assets
11,570
3,412
Cash at bank and in hand
101,383
101,232
Creditors: amounts falling due within one year
(184,519)
(186,977)
Net current assets
63,062
43,477
Called up share capital
1,000
1,000
Profit and loss account
73,632
45,889
Shareholders' funds
74,632
46,889
For the period ending 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 20 July 2018.
Lisa Alexandra Graham
Director
Company Registration No. 8366932
ATL Commercial Kitchens Limited
Notes to the Accounts
for the period from 1 February 2017 to 31 March 2018
ATL Commercial Kitchens Limited is a private company, limited by shares, registered in England and Wales, registration number 8366932. The registered office is Unit 9 Factory Estate, Boulevard, Hull, HU3 4AY, United Kingdom.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
ATL Commercial Kitchens Limited
Notes to the Accounts
for the period from 1 February 2017 to 31 March 2018
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 February 2017
-
5,837
5,837
Additions
10,000
136
10,136
At 31 March 2018
10,000
5,973
15,973
At 1 February 2017
-
2,425
2,425
Charge for the period
1,500
478
1,978
At 31 March 2018
1,500
2,903
4,403
At 31 March 2018
8,500
3,070
11,570
At 31 January 2017
-
3,412
3,412
Finished goods
5,000
14,890
Trade debtors
142,386
108,951
Accrued income and prepayments
-
2,160
Other debtors
(1,188)
3,221
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Creditors: amounts falling due within one year
2018
2017
Trade creditors
134,110
141,983
Taxes and social security
48,945
41,209
Loans from directors
(36)
1,210
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Average number of employees
During the period the average number of employees was 6 (2017: 6).
