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REGISTERED NUMBER: 06964409 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

SATTVA LIMITED

SATTVA LIMITED (REGISTERED NUMBER: 06964409)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SATTVA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2022







DIRECTOR: Ms G Vara





SECRETARY: Mrs B Vara





REGISTERED OFFICE: 38 Clarendon Way
Chislehurst
Kent
BR7 6RF





REGISTERED NUMBER: 06964409 (England and Wales)





ACCOUNTANTS: Bayar Hughes & Co
Chartered Certified Accountants
4 Green Lane Business Park
238 Green lane
New Eltham
London
SE9 3TL

SATTVA LIMITED (REGISTERED NUMBER: 06964409)

BALANCE SHEET
31 DECEMBER 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 571
Tangible assets 5 3,118 2,949
3,118 3,520

CURRENT ASSETS
Debtors 6 866 -
Cash at bank 26,593 44,516
27,459 44,516
CREDITORS
Amounts falling due within one year 7 6,597 19,370
NET CURRENT ASSETS 20,862 25,146
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,980

28,666

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 23,880 28,566
SHAREHOLDERS' FUNDS 23,980 28,666

SATTVA LIMITED (REGISTERED NUMBER: 06964409)

BALANCE SHEET - continued
31 DECEMBER 2022


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 applicable to companies subject to the small companies regime.

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 and authorised for issue on 29 September 2023 and were signed by:





Ms G Vara - Director


SATTVA LIMITED (REGISTERED NUMBER: 06964409)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1. STATUTORY INFORMATION

Sattva Limited 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office Equipment & Furniture - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

SATTVA LIMITED (REGISTERED NUMBER: 06964409)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2022
and 31 December 2022 5,725
AMORTISATION
At 1 January 2022 5,154
Amortisation for year 571
At 31 December 2022 5,725
NET BOOK VALUE
At 31 December 2022 -
At 31 December 2021 571

5. TANGIBLE FIXED ASSETS
Office
Equipment
& Furniture
£   
COST
At 1 January 2022 7,720
Additions 1,209
At 31 December 2022 8,929
DEPRECIATION
At 1 January 2022 4,771
Charge for year 1,040
At 31 December 2022 5,811
NET BOOK VALUE
At 31 December 2022 3,118
At 31 December 2021 2,949

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Corporation Tax Repayment 866 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Corporation Tax - 1,054
Social Security and other Taxes - 22
Director's Loan Account 5,769 17,466
Other Creditors & Accruals 828 828
6,597 19,370

SATTVA LIMITED (REGISTERED NUMBER: 06964409)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 January 2022 28,566
Deficit for the year (4,686 )
At 31 December 2022 23,880