6473109falsegeneral goods and jewellery.2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-03-31http://www.companieshouse.gov.uk/cd:Director12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2022-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-04-012023-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-03-31http://www.companieshouse.gov.uk/2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/cd:FRS1022022-04-012023-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-04-012023-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 6473109

SATSON TRADING LTD

ACCOUNTS
FOR THE YEAR ENDED 31/03/2023

Prepared By:
DK Accounting Services Ltd
Chartered Certified Accoutants
8 Flora Close
Stanmore
HA7 4PY

SATSON TRADING LTD

ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
DIRECTORS
Arun Tyagi
SECRETARY
Manju Rani Tyagi
REGISTERED OFFICE
8 Flora Close
Upton Park
Stanmore
Middlesex
HA7 4PY
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 6473109
ACCOUNTANTS
DK Accounting Services Ltd
Chartered Certified Accoutants
8 Flora Close
Stanmore
HA7 4PY

SATSON TRADING LTD

ACCOUNTS
FOR THEYEARENDED31/03/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

SATSON TRADING LTD

BALANCE SHEET AT 31/03/2023
20232022
Notes££
FIXED ASSETS
Tangible assets31,0351,218
CURRENT ASSETS
Stock60,00091,000
Debtors580,91980,919
Cash at bank and in hand2813,633
141,200175,552
CREDITORS: Amounts falling due within one year6154,350193,334
NET CURRENT LIABILITIES(13,150)(17,782)
TOTAL ASSETS LESS CURRENT LIABILITIES(12,115)(16,564)
CAPITAL AND RESERVES
Called up share capital7100100
Profit and loss account(12,215)(16,664)
SHAREHOLDERS' FUNDS(12,115)(16,564)
For the year ending 31/03/2023 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 16/11/2023 and signed on their behalf by
.............................
Arun Tyagi
Director

SATSON TRADING LTD

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
1. ACCOUNTING POLICIES
1a. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittings 15%
1b. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1c. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20232022
No.No.
Average number of employees22
3. TANGIBLE FIXED ASSETS
Fixtures
and FittingsTotal
££
Cost
At 01/04/20223,7993,799
At 31/03/20233,7993,799
Depreciation
At 01/04/20222,5812,581
For the year183183
At 31/03/20232,7642,764
Net Book Amounts
At 31/03/20231,0351,035
At 31/03/20221,2181,218

SATSON TRADING LTD

4. STOCK 20232022
££
Stock comprises:
Stock60,00091,000
60,00091,000
5. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors10,14010,140
Other debtors Lex Sterling Landlords Deposit70,77970,779
80,91980,919
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax340-
PAYE control2101,101
Directors current account35,04241,433
Bank Loan Funding Circle-21,076
Bounce Back Loan35,62946,567
Loan on tap11
Other creditors Rents Deposit 70,000 and loans82,20082,200
Accruals900900
Nest account2856
154,350193,334
7. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £1.00 each100100
100100