ATLANTIC DINERS LIMITED

ATLANTIC DINERS LIMITED

ATLANTIC DINERS LIMITED - Company Information

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ATLANTIC DINERS LIMITED

Company Registration Number:
09211387 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2017

Period of accounts

Start date: 01 January 2017

End date: 31 December 2017

ATLANTIC DINERS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2017

Balance sheet
Notes

ATLANTIC DINERS LIMITED

Balance sheet

As at 31 December 2017


Notes
2017
2016


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 31,967 101,066
Investments:   0 0
Total fixed assets: 31,967 101,066
Current assets
Stocks: 10,000 25,000
Debtors:   13,346 27,096
Cash at bank and in hand: 5,117 5,933
Investments:   0 0
Total current assets: 28,463 58,029
Creditors: amounts falling due within one year:   (10,513) (263,032)
Net current assets (liabilities): 17,950 (205,003)
Total assets less current liabilities: 49,917 (103,937)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 49,917 (103,937)
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 49,817 (104,037)
Shareholders funds: 49,917 (103,937)

The notes form part of these financial statements

ATLANTIC DINERS LIMITED

Balance sheet statements

For the year ending 31 December 2017 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 02 July 2018
and signed on behalf of the board by:

Name: Mr A Caunce
Status: Director

The notes form part of these financial statements

ATLANTIC DINERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goodssupplied and services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards ofownership have transferred to the buyer (usually on despatch of the goods); the amount ofrevenue can be measured reliably; it is probable that the associated economic benefits will flowto the entity; and the costs incurred or to be incurred in respect of the transactions can bemeasured reliably.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and subsequently stated at cost less anyaccumulated depreciation and impairment losses. Any tangible assets carried at revaluedamounts are recorded at the fair value at the date of revaluation less any subsequentaccumulated depreciation and subsequent accumulated impairment losses.An increase in the carrying amount of an asset as a result of a revaluation, is recognised in othercomprehensive income and accumulated in equity, except to the extent it reverses a revaluationdecrease of the same asset previously recognised in profit or loss. A decrease in the carryingamount of an asset as a result of revaluation, is recognised in other comprehensive income tothe extent of any previously recognised revaluation increase accumulated in equity in respect ofthat asset. Where a revaluation decrease exceeds the accumulated revaluation gainsaccumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Other accounting policies

During the year the director entered into the following advances and credits with the company:Mr A Caunce:Balance brought forward: (4,970)Advances to director: 61,519Amounts repaid: (60,378)Balance outstanding: (3,829)

ATLANTIC DINERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

2. Employees

2017 2016
Average number of employees during the period 4 17

ATLANTIC DINERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

3. Tangible Assets

Total
Cost £
At 01 January 2017 118,283
Additions 43,787
Disposals (115,787)
Revaluations 0
Transfers 0
At 31 December 2017 46,283
Depreciation
At 01 January 2017 17,217
Charge for year 4,921
On disposals (7,822)
At 31 December 2017 14,316
Net book value
At 31 December 2017 31,967
At 31 December 2016 101,066

ATLANTIC DINERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

4. Related party transactions

Name of the related party: Atlantic Central Ltd
Relationship:
Group Company
Description of the Transaction: During the year various transactions took place between Atlantic Diners Limited, AtlanticHoldings Limited, Air Atlantique Limited and Atlantic Central Limited. On 25 June 2017 AtlanticHoldings Limited sold their shares to Mr A Caunce. It was decided that all group company loanswere written off.
£
Balance at 01 January 2017 143,401
Balance at 31 December 2017 0