Company Registration No. 04309377 (England and Wales)
Atech Coachbuilders Limited
Unaudited accounts
for the period from 1 November 2015 to 30 April 2017
Atech Coachbuilders Limited
Unaudited accounts
Contents
Atech Coachbuilders Limited
Company Information
for the period from 1 November 2015 to 30 April 2017
Directors
M Hunt
K Lucas
S Hunt
S Lucas
Company Number
04309377 (England and Wales)
Registered Office
137 Engineer Road,
West Wilts Trading Estate
Westbury
Wiltshire
BA13 4JW
Accountants
MAX FOOTE ASSOCIATES LIMITED
26-27 LOWER WOODCOCK STREET
CASTLE CARY
SOMERSET
BA7 7BH
Atech Coachbuilders Limited
Statement of financial position
as at
30 April 2017
Intangible assets
13,500
18,000
Tangible assets
1,146
3,557
Cash at bank and in hand
294,802
245,152
Creditors: amounts falling due within one year
(174,604)
(176,796)
Net current assets
332,734
264,804
Net assets
347,380
286,361
Called up share capital
100
100
Profit and loss account
347,280
286,261
Shareholders' funds
347,380
286,361
For the period ending 30 April 2017 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 31 July 2017.
M Hunt
Director
Company Registration No. 04309377
Atech Coachbuilders Limited
Notes to the Accounts
for the period from 1 November 2015 to 30 April 2017
Atech Coachbuilders Limited is a private company, limited by shares, registered in England and Wales, registration number 04309377. The registered office and principal place of business is 137 Engineer Road,, West Wilts Trading Estate, Westbury, Wiltshire, BA13 4JW.
2
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.
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
25% straight line
Motor vehicles
25% straight line
Computer equipment
33% straight line
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.
Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Atech Coachbuilders Limited
Notes to the Accounts
for the period from 1 November 2015 to 30 April 2017
4
Intangible fixed assets
Goodwill
At 1 November 2015
60,000
At 1 November 2015
42,000
Charge for the period
4,500
At 31 October 2015
18,000
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2015
32,413
5,000
1,341
38,754
At 30 April 2017
32,413
5,000
1,341
38,754
At 1 November 2015
31,709
2,188
1,300
35,197
Charge for the period
495
1,875
41
2,411
At 30 April 2017
32,204
4,063
1,341
37,608
At 30 April 2017
209
937
-
1,146
At 31 October 2015
704
2,812
41
3,557
Work in progress
9,412
7,014
Trade debtors
184,973
181,169
Accrued income and prepayments
18,151
8,265
Atech Coachbuilders Limited
Notes to the Accounts
for the period from 1 November 2015 to 30 April 2017
8
Creditors: amounts falling due within one year
2017
2015
Trade creditors
60,030
61,374
Taxes and social security
134,842
106,476
Other creditors
3,319
3,650
Loans from directors
(26,372)
2,084
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to director
(1,497)
142,227
128,000
12,730
Loan to director
(587)
142,227
128,000
13,640
(2,084)
284,454
256,000
26,370
Interest at the rate of 3% is charged on the loans.
10
Average number of employees
During the period the average number of employees was 14 (2015: 13).