true
Atlas Trade Finance Limited
03463250
2016-05-31
-23777
-21132
-13777
-11132
10000
10000
-13777
-11132
-13777
-11132
-13922
-11178
14255
11371
333
193
165
20
168
173
145
46
145
46
Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Going Concern
The company is dependent on the continued support of its director and shareholder, in its ability to continue as a going concern. The shareholder has provided the company with loans without any formal repayment terms. The director has confirmed that the loans will not be repaid until the company has sufficient funds in place to do so, on this basis the director considers that it is appropriate for the financial statements to be prepared on a going concern basis.
Turnover
Turnover represents invoiced commissions receivable from third parties excluding value added tax.
The turnover disclosed in the accounts is the commissions receivable from customers who engage the company to provide trade finance services.
Fixed Assets
All fixed assets are initially recorded at cost.
Office Equipment
reducing balance
0.1500
15936
15811
125
15791
15765
26
15936
15811
125
15791
15765
26
Ordinary
1000000
1
1000000
1000000
Ordinary
1
10000
10000
10000
2017-02-27
S J Coherton
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Atlas Trade Finance Limited
2015-06-01
2016-05-31
Atlas Trade Finance Limited
2014-06-01
2015-05-31
Atlas Trade Finance Limited
2014-05-31
Atlas Trade Finance Limited
2015-05-31
Atlas Trade Finance Limited
2015-05-31
Atlas Trade Finance Limited
2016-05-31
2017-02-28