ACCOUNTS - A10 - Draft Accounts

ACCOUNTS - A10 - Draft Accounts

ATLAS FRUITS LIMITED - Company Information

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06600205 ATLAS FRUITS LIMITED 2014-09-01 2015-08-31 false true 2015-08-31 06600205 2014-09-01 2015-08-31 06600205 2015-08-31 06600205 2014-08-31 06600205 c:OrdinaryShareClass1 2015-08-31 06600205 c:OrdinaryShareClass1 2014-08-31 06600205 c:OrdinaryShareClass1 2014-09-01 2015-08-31 06600205 c:Director5 2014-09-01 2015-08-31 06600205 c:EntityAccountantsOrAuditors 2015-08-31 06600205 d:OfficeEquipment 2014-09-01 2015-08-31 06600205 c:EntityAccountantsOrAuditors 2014-09-01 2015-08-31 xbrli:shares iso4217:GBP

Registered number: 06600205








ATLAS FRUITS LIMITED







UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2015































BAGINSKY COHEN

CHARTERED ACCOUNTANTS
 
ATLAS FRUITS LIMITED
 
 
The following reproduces the text of the Chartered accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 3) have been prepared.
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ATLAS FRUITS LIMITED
FOR THE YEAR ENDED 31 AUGUST 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Atlas Fruits Limited for the year ended 31 August 2015 which comprise the Profit and loss account, the Balance sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
 

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


This report is made solely to the Board of directors of Atlas Fruits 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 Atlas Fruits Limited and state those matters that we have agreed to state to the Board of directors of Atlas Fruits 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 Atlas Fruits Limited and its Board of directors, as a body, for our work or for this report.
 
 
It is your duty to ensure that Atlas Fruits Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the company's assets, liabilities, financial position and profit. You consider that Atlas Fruits Limited is exempt from the statutory audit requirement for the year.
 
 
We have not been instructed to carry out an audit or review of the financial statements of Atlas Fruits 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.





BAGINSKY COHEN
CHARTERED ACCOUNTANTS
930 HIGH ROAD
LONDON
N12 9RT

20 May 2016
Page 1
 
ATLAS FRUITS LIMITED
REGISTERED NUMBER: 06600205

ABBREVIATED BALANCE SHEET
AS AT 31 AUGUST 2015

2015
2014
Note
£
£
£
£
 
FIXED ASSETS





 
Tangible assets
 
204
301
 
CURRENT ASSETS





 
Debtors
721,653
424,261

 
Cash at bank

464,446
331,683







 
1,186,099
755,944
 
CREDITORS: amounts falling due within one year
(812,711)
(466,405)
 
NET CURRENT ASSETS


373,388

289,539
 
TOTAL ASSETS LESS CURRENT LIABILITIES
 373,592

 289,840
  
CAPITAL AND RESERVES

 
Called up share capital
2
100
100
 
Profit and loss account
373,492
289,740
 
SHAREHOLDERS' FUNDS
 

 373,592

 289,840


The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act. 

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The abbreviated accounts, which have been prepared in accordance with the provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 20 May 2016.





D. WILLIS
Director

The notes on page 3 form part of these financial statements.

Page 2

 
ATLAS FRUITS LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2015

1.ACCOUNTING POLICIES

1.1
Basis of preparation of financial statements

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with applicable accounting standards.

1.2
Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation.  Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Office equipment
-
20% straight line

1.3
Turnover

Turnover comprises revenue recognised by the company in respect of goods supplied during the year, exclusive of Value Added Tax and trade discounts.


2.SHARE CAPITAL
        2015
        2014
        £

        £

Authorised



10,000 Ordinary shares of £1 each
 10,000
 10,000

Allotted, called up and fully paid



100 Ordinary shares of £1 each
 100
 100

Page 3