M SATUNAS LTD

Company Registration Number:
12041465 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

M SATUNAS LTD

Contents of the Financial Statements

for the Period Ended 31 May 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

M SATUNAS LTD

Company Information

for the Period Ended 31 May 2023




Director: Modestas Satunas
Registered office: 5
Cherston Gardens
Loughton
Loughton
Essex
England
IG10 3PN
Company Registration Number: 12041465 (England and Wales)

M SATUNAS LTD

Balance sheet

As at 31 May 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 2,702 1,202
Total fixed assets: 2,702 1,202
Current assets
Debtors: 5 15,181 20,427
Cash at bank and in hand: 8,680 39
Total current assets: 23,861 20,466
Creditors: amounts falling due within one year: 6 ( 2,023 ) ( 3,077 )
Net current assets (liabilities): 21,838 17,389
Total assets less current liabilities: 24,540 18,591
Total net assets (liabilities): 24,540 18,591

The notes form part of these financial statements

M SATUNAS LTD

Balance sheet continued

As at 31 May 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 24,440 18,491
Shareholders funds: 24,540 18,591

For the year ending 31 May 2023 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.

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

This report was approved by the board of directors on 5 October 2023
And Signed On Behalf Of The Board By:

Name: Modestas Satunas
Status: Director

The notes form part of these financial statements

M SATUNAS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

M SATUNAS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 3 3

M SATUNAS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 3. Off balance sheet disclosure

    No

M SATUNAS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Tangible assets

Plant & machinery Office equipment Total
Cost £ £ £
At 01 June 2022 - 2,198 2,198
Additions 938 1,199 2,137
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 May 2023 938 3,397 4,335
Depreciation
At 01 June 2022 - 996 996
Charge for year 120 517 637
On disposals - - -
Other adjustments - - -
At 31 May 2023 120 1,513 1,633
Net book value
At 31 May 2023 818 1,884 2,702
At 31 May 2022 - 1,202 1,202

M SATUNAS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Debtors


2023
£

2022
£
Trade debtors 1,980
Prepayments and accrued income 7,504 10,939
Other debtors 7,677 7,508
Total 15,181 20,427

M SATUNAS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 2,023 3,077
Total 2,023 3,077