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Company Registration No. 10616325 (England and Wales)
Satori Properties Ltd Unaudited accounts for the year ended 31 January 2024
Satori Properties Ltd Unaudited accounts Contents
Page
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Satori Properties Ltd Company Information for the year ended 31 January 2024
Director
B J Chell
Company Number
10616325 (England and Wales)
Registered Office
59 Dukes Wood Avenue Gerrards Cross SL9 7JY
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Satori Properties Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
195,000 
195,000 
Investments
232,690 
215,046 
427,690 
410,046 
Current assets
Debtors
627 
- 
Cash at bank and in hand
211,058 
206,267 
211,685 
206,267 
Creditors: amounts falling due within one year
(63,316)
(66,912)
Net current assets
148,369 
139,355 
Total assets less current liabilities
576,059 
549,401 
Creditors: amounts falling due after more than one year
(504,649)
(504,649)
Net assets
71,410 
44,752 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
71,409 
44,751 
Shareholders' funds
71,410 
44,752 
For the year ending 31 January 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 February 2024 and were signed on its behalf by
B J Chell Director Company Registration No. 10616325
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Satori Properties Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Satori Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 10616325. The registered office is 59 Dukes Wood Avenue, Gerrards Cross, SL9 7JY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2024 
£ 
Fair value at 1 February 2023
195,000 
At 31 January 2024
195,000 
5
Investments
Other investments 
£ 
Valuation at 1 February 2023
215,046 
Additions
25,095 
Fair value adjustments
14,383 
Disposals
(21,834)
Valuation at 31 January 2024
232,690 
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Satori Properties Ltd Notes to the Accounts for the year ended 31 January 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
627 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
1,000 
Other creditors
- 
875 
Loans from directors
63,316 
65,037 
63,316 
66,912 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
504,649 
504,649 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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