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REGISTERED NUMBER: 13947792 (England and Wales)















Unaudited Financial Statements

for the Period 1 March 2022 to 31 March 2023

for

Saturn Cyber Limited

Saturn Cyber Limited (Registered number: 13947792)






Contents of the Financial Statements
for the Period 1 March 2022 to 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Saturn Cyber Limited

Company Information
for the Period 1 March 2022 to 31 March 2023







DIRECTOR: B J Wallis





REGISTERED OFFICE: 4 Brickfield Lane
Littleton
Chester
CH3 7DH





REGISTERED NUMBER: 13947792 (England and Wales)





ACCOUNTANTS: G Ceidiog Hughes Limited
40 Brookhouse Road
Denbigh
Clwyd
LL16 4RQ

Saturn Cyber Limited (Registered number: 13947792)

Balance Sheet
31 March 2023

Notes £   
CURRENT ASSETS
Debtors 4 87,853
Cash at bank 899
88,752
CREDITORS
Amounts falling due within one year 5 21,042
NET CURRENT ASSETS 67,710
TOTAL ASSETS LESS CURRENT
LIABILITIES

67,710

CREDITORS
Amounts falling due after more than
one year

6

76,549
NET LIABILITIES (8,839 )

CAPITAL AND RESERVES
Called up share capital 9 100
Retained earnings (8,939 )
SHAREHOLDERS' FUNDS (8,839 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Saturn Cyber Limited (Registered number: 13947792)

Balance Sheet - continued
31 March 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 November 2023 and were signed by:





B J Wallis - Director


Saturn Cyber Limited (Registered number: 13947792)

Notes to the Financial Statements
for the Period 1 March 2022 to 31 March 2023

1. STATUTORY INFORMATION

Saturn Cyber 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors and trade creditors.

Trade debtors and trade creditors are measured at the undiscounted amount of cash or other consideration expected to be paid or received.

Financial assets are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Saturn Cyber Limited (Registered number: 13947792)

Notes to the Financial Statements - continued
for the Period 1 March 2022 to 31 March 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Directors' current accounts 66,422
Tax 19,334
Deferred tax asset 2,097
87,853

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 1,081
Tax 19,334
VAT 627
21,042

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
£   
Bank loans (see note 7) 76,549

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 76,549

Saturn Cyber Limited (Registered number: 13947792)

Notes to the Financial Statements - continued
for the Period 1 March 2022 to 31 March 2023

7. LOANS

An analysis of the maturity of loans is given below:

£   
Amounts falling due in more than five years:
Repayable by instalments
Bank loans more 5 yr by instal 76,549

8. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 76,549

The company has granted a fixed and floating charge over its assets.

9. CALLED UP SHARE CAPITAL

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

100 Ordinary shares of £1 were issued during the period for cash of £ 100 .

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is B J Wallis.

11. COMPARATIVE FIGURES

There are no comparative figures as this is the first period of trading.