ATOMFAST_LIMITED - Accounts

ATOMFAST LIMITED - Company Information

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Company Registration No. 02385718 (England and Wales)

ATOMFAST LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2014

ATOMFAST LIMITED

CONTENTS

Page

Accountants' report

Abbreviated balance sheet

Notes to the abbreviated accounts

3 - 4

ATOMFAST LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ATOMFAST LIMITED FOR THE YEAR ENDED 30 SEPTEMBER 2014

- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Atomfast Limited for the year ended 30 September 2014 set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given to us.

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

This report is made solely to the Board of Directors of Atomfast Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Atomfast Limited and state those matters that we have agreed to state to the Board of Directors of Atomfast Limited, as a body, 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 Atomfast Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Atomfast 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 profit of Atomfast Limited. You consider that Atomfast 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 Atomfast 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.

Moore and Smalley LLP

Chartered Accountants

Richard House

9 Winckley Square

Preston

PR1 3HP

25 February 2015

ATOMFAST LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2014

- 2 -

2014

2013

Notes

Fixed assets

Investments

5,000

Current assets

Debtors

100

Creditors: amounts falling due within one year

(5,000)

Net current liabilities

(4,900)

Total assets less current liabilities

100

Capital and reserves

Called up share capital

100

Shareholders' funds

100

For the financial year ended 30 September 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 25 February 2015

Mr R T Gamble

Director

Company Registration No. 02385718

ATOMFAST LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2014

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

1.4

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. And equity instrument is any contract that evidences a residual interest in assets of the company after deducting all of its liabilities.

Fixed assets

Investments

Cost

At 1 October 2013 & at 30 September 2014

5,000

At 30 September 2013

5,000

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Subsidiary undertakings

Skelmersdale Electrical Distributors Limited

England & Wales

Ordinary

100.00

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

2014

Principal activity

Skelmersdale Electrical Distributors Limited

Distribution of electrical equipment

131,208

11,537

ATOMFAST LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2014

Fixed assets

(Continued)

- 4 -

Share capital

2014

2013

Allotted, called up and fully paid

100 Ordinary of £1 each

100

Ultimate parent company

The ultimate parent company is R Gamble Holdings Limited, a company incorporated in England & Wales and controlled by Mr R T Gamble.