ATS Consultants Ltd - Accounts to registrar - small 17.2

ATS Consultants Ltd - Accounts to registrar - small 17.2

ATS CONSULTANTS LTD - Company Information

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REGISTERED NUMBER: 01652306 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

ATS CONSULTANTS LTD

ATS CONSULTANTS LTD (REGISTERED NUMBER: 01652306)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ATS CONSULTANTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2017







DIRECTOR: P Hilides





REGISTERED OFFICE: 88 Wood Street
London
EC2V 7RS





REGISTERED NUMBER: 01652306 (England and Wales)





ACCOUNTANTS: THP Limited
Chartered Accountants
Turnbull House
226 Mulgrave Road
Cheam
Sutton
Surrey
SM2 6JT
Page 1
ATS CONSULTANTS LTD (REGISTERED NUMBER: 01652306)

BALANCE SHEET
31 MARCH 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,457 801

CURRENT ASSETS
Debtors 5 29,350 39,961
Cash at bank 52,517 61,713
81,867 101,674
CREDITORS
Amounts falling due within one year 6 13,662 29,164
NET CURRENT ASSETS 68,205 72,510
TOTAL ASSETS LESS CURRENT
LIABILITIES
69,662
73,311

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 68,662 72,311
SHAREHOLDERS' FUNDS 69,662 73,311

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the
end of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 3 August 2017 and were signed by:





P Hilides - Director


The notes form part of these financial statements

Page 2
ATS CONSULTANTS LTD (REGISTERED NUMBER: 01652306)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017


1. STATUTORY INFORMATION

ATS Consultants Ltd is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small
Entities" of Financial Reporting Standard 102. The Financial Reporting Standard applicable in the UK and
Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared on a going
concern basis and under the historical cost convention.

The company's functional and presentation currency is the pound sterling.

Turnover
Turnover represents the invoiced amount of services provided stated net of value added tax but inclusive of
disbursements recharged.


Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life.

Office equipment60% on reducing balance
Fixture and fittings25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except
to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different
from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and
laws that have been enacted or substantively enacted by the year end and that are expected to apply to the
reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that
they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's
pension scheme are charged to profit or loss in the period to which they relate.

Operating leases
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain
with the lessor are charged to profit and loss account as incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 .

Page 3 continued...
ATS CONSULTANTS LTD (REGISTERED NUMBER: 01652306)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2017


4. TANGIBLE FIXED ASSETS
Fixture
Office and
equipment fittings Totals
£    £    £   
COST
At 1 April 2016 1,669 2,631 4,300
Additions 1,789 - 1,789
At 31 March 2017 3,458 2,631 6,089
DEPRECIATION
At 1 April 2016 1,043 2,456 3,499
Charge for year 1,010 123 1,133
At 31 March 2017 2,053 2,579 4,632
NET BOOK VALUE
At 31 March 2017 1,405 52 1,457
At 31 March 2016 626 175 801

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 24,000 24,089
Other debtors 5,350 15,872
29,350 39,961

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 480 2,678
Taxation and social security 9,419 22,442
Other creditors 3,763 4,044
13,662 29,164

7. PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately
from those of the company in an independently administered fund.

The pension charge amounted to £326 (2016 : £nil). An amount of £56 (2016 : £nil) was outstanding at the
end of the financial year.

8. RELATED PARTY DISCLOSURES

At the year end, the director was owed £384 (2016 : £1,244) by the company, the loan is interest free and
with no fixed repayment terms.

9. FIRST YEAR ADOPTION

This is the first year that the company has presented its results under FRS 102 Section 1A. The last financial
statements under UK GAAP were for the period ended 31 March 2016. The date of transition to FRS 102 was 1
April 2015. There have been no significant changes in accounting policies as the result of transition to FRS102
and the comparative figures are unchanged.

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