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No description of principal activities is disclosed
2018-07-01
Sage Accounts Production 18.30 - FRS
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02601179
2018-07-01
2019-06-30
02601179
2019-06-30
02601179
2018-06-30
02601179
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2018-06-30
02601179
2018-06-30
02601179
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core:ShortLeaseholdAssets
2018-07-01
2019-06-30
02601179
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2019-06-30
02601179
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2018-07-01
2019-06-30
02601179
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2019-06-30
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2019-06-30
02601179
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2019-06-30
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2019-06-30
02601179
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02601179
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2018-06-30
02601179
core:FurnitureFittingsToolsEquipment
2018-06-30
02601179
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2018-06-30
02601179
core:LandBuildings
core:ShortLeaseholdAssets
2019-06-30
02601179
core:PlantMachinery
2019-06-30
02601179
core:FurnitureFittingsToolsEquipment
2019-06-30
02601179
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2019-06-30
02601179
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2019-06-30
02601179
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2018-06-30
02601179
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2019-06-30
02601179
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2018-06-30
02601179
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2019-06-30
02601179
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2018-06-30
02601179
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2019-06-30
02601179
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2018-06-30
02601179
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2019-06-30
02601179
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02601179
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02601179
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2019-06-30
Company registration number:
02601179
Aatec Services Limited
Unaudited filleted financial statements
30 June 2019
Aatec Services Limited
Contents
Directors and other information
Accountants report
Statement of financial position
Notes to the financial statements
Aatec Services Limited
Directors and other information
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Directors
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I Johnson
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T Armstrong
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Company number
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02601179
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Registered office
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Unit 14 Studlands Park Industrial Estate
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Newmarket
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Suffolk
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CB8 7AU
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Business address
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Unit 14 Studlands Park Industrial Estate
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Newmaket
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Suffolk
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CB8 7AU
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Accountants
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Dilloways
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Weavers Business Centre
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6 Hamlet Road
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Haverhill
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Suffolk
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CB9 8EE
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Aatec Services Limited
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Aatec Services Limited
Year ended 30 June 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Aatec Services Limited for the year ended 30 June 2019 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given 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 http://www.icaew.com/en/members/ regulations-standards-and-guidance/.
This report is made solely to the board of directors of Aatec Services 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 Aatec Services Limited and state those matters that we have agreed to state to the board of directors of Aatec Services Limited as a body, in this report in accordance with the ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Aatec Services Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Aatec Services 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 Aatec Services Limited. You consider that Aatec Services 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 Aatec Services 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.
Dilloways
Chartered Accoumntants
Weavers Business Centre
6 Hamlet Road
Haverhill
Suffolk
CB9 8EE
30 March 2020
Aatec Services Limited
Statement of financial position
30 June 2019
|
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2019
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2018
|
|
|
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Note
|
£
|
|
£
|
|
£
|
|
£
|
|
|
|
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|
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|
|
|
Fixed assets
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|
|
|
|
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|
Tangible assets
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|
5
|
9,949
|
|
|
|
11,628
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
|
|
9,949
|
|
|
|
11,628
|
|
|
|
|
|
|
|
|
|
|
Current assets
|
|
|
|
|
|
|
|
|
|
Stocks
|
|
|
2,394
|
|
|
|
15,707
|
|
|
Debtors
|
|
6
|
45,603
|
|
|
|
151,665
|
|
|
Cash at bank and in hand
|
|
|
35,588
|
|
|
|
1,895
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
83,585
|
|
|
|
169,267
|
|
|
Creditors: amounts falling due
|
|
|
|
|
|
|
|
|
|
within one year
|
|
7
|
(
231,437)
|
|
|
|
(
374,127)
|
|
|
|
|
|
_______
|
|
|
|
_______
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|
|
Net current liabilities
|
|
|
|
|
(
147,852)
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|
|
|
(
204,860)
|
|
|
|
|
|
_______
|
|
|
|
_______
|
Total assets less current liabilities
|
|
|
|
|
(
137,903)
|
|
|
|
(
193,232)
|
|
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due
|
|
|
|
|
|
|
|
|
|
after more than one year
|
|
8
|
|
|
(
6,941)
|
|
|
|
(
9,919)
|
|
|
|
|
|
|
|
|
|
|
Provisions for liabilities
|
|
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|
|
(
403)
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|
|
-
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
_______
|
|
|
|
_______
|
Net liabilities
|
|
|
|
|
(
145,247)
|
|
|
|
(
203,151)
|
|
|
|
|
|
_______
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_______
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|
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|
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Capital and reserves
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|
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Called up share capital
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|
|
100
|
|
|
|
100
|
Profit and loss account
|
|
|
|
|
(
145,347)
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|
|
|
(
203,251)
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|
|
|
|
|
_______
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|
|
|
_______
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Shareholders deficit
|
|
|
|
|
(
145,247)
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|
|
|
(
203,151)
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|
|
|
|
|
_______
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_______
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For the year ending 30 June 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
30 March 2020
, and are signed on behalf of the board by:
I Johnson
Director
Company registration number:
02601179
Aatec Services Limited
Notes to the financial statements
Year ended 30 June 2019
1.
General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Unit 14 Studlands Park Industrial Estate, Newmarket, Suffolk, CB8 7AU.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for services rendered, net of discounts and Value Added Tax.Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.
Taxation
The taxation expense represents the amount of current tax recognised in the reporting period
. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis.
Tangible assets
Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
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Short leasehold property
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-
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20 %
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straight line
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Plant and machinery
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-
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25 %
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straight line
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Fittings fixtures and equipment
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-
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25 %
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straight line
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|
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Stocks
Work in progress is valued based on the percentage completion or the contract to which it relates.
Defined contribution plans
Contributions to defined contribution pension plans are recognised as an expense in the period in which the related service is provided.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
4
(2018:
4
).
5.
Tangible assets
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|
Short leasehold property
|
Plant and machinery
|
Fixtures, fittings and equipment
|
Motor vehicles
|
Total
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|
|
|
|
£
|
£
|
£
|
£
|
£
|
|
|
|
Cost
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|
|
|
|
|
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|
At 1 July 2018
|
199,714
|
14,316
|
47,942
|
73,591
|
335,563
|
|
|
|
Additions
|
-
|
1,300
|
391
|
-
|
1,691
|
|
|
|
|
_______
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_______
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_______
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_______
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_______
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|
At 30 June 2019
|
199,714
|
15,616
|
48,333
|
73,591
|
337,254
|
|
|
|
|
_______
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_______
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_______
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_______
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_______
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|
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Depreciation
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|
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|
|
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|
At 1 July 2018
|
199,714
|
14,316
|
47,775
|
62,130
|
323,935
|
|
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|
Charge for the year
|
-
|
325
|
180
|
2,865
|
3,370
|
|
|
|
|
_______
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_______
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_______
|
_______
|
_______
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|
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|
At 30 June 2019
|
199,714
|
14,641
|
47,955
|
64,995
|
327,305
|
|
|
|
|
_______
|
_______
|
_______
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_______
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_______
|
|
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Carrying amount
|
|
|
|
|
|
|
|
|
At 30 June 2019
|
-
|
975
|
378
|
8,596
|
9,949
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
_______
|
|
|
|
At 30 June 2018
|
-
|
-
|
167
|
11,461
|
11,628
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
_______
|
|
|
|
|
|
|
|
|
|
|
|
6.
Debtors
|
|
|
2019
|
2018
|
|
|
|
£
|
£
|
|
Trade debtors
|
|
27,763
|
130,110
|
|
Other debtors
|
|
17,840
|
21,555
|
|
|
|
_______
|
_______
|
|
|
|
45,603
|
151,665
|
|
|
|
_______
|
_______
|
|
|
|
|
|
7.
Creditors: amounts falling due within one year
|
|
|
2019
|
2018
|
|
|
|
£
|
£
|
|
Trade creditors
|
|
43,612
|
47,080
|
|
Corporation tax
|
|
9,565
|
-
|
|
Social security and other taxes
|
|
70,069
|
129,396
|
|
Other creditors
|
|
108,191
|
197,651
|
|
|
|
_______
|
_______
|
|
|
|
231,437
|
374,127
|
|
|
|
_______
|
_______
|
|
|
|
|
|
8.
Creditors: amounts falling due after more than one year
|
|
|
2019
|
2018
|
|
|
|
£
|
£
|
|
Other creditors
|
|
6,941
|
9,919
|
|
|
|
_______
|
_______
|
|
|
|
|
|