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REGISTERED NUMBER: 05985639 (England and Wales)











Financial Statements

for the Year Ended 31st December 2023

for

SATORI PARTNERS LIMITED

SATORI PARTNERS LIMITED (REGISTERED NUMBER: 05985639)






Contents of the Financial Statements
for the year ended 31st December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SATORI PARTNERS LIMITED

Company Information
for the year ended 31st December 2023







DIRECTOR: S P Morlidge





SECRETARY: Mrs S A Morlidge





REGISTERED OFFICE: Redhill Chambers
2d High Street
Redhill
Surrey
RH1 1RJ





REGISTERED NUMBER: 05985639 (England and Wales)





ACCOUNTANTS: Cheeld Wheeler & Co
Chartered Certified Accountants
Redhill Chambers
2d High Street
Redhill
Surrey
RH1 1RJ

SATORI PARTNERS LIMITED (REGISTERED NUMBER: 05985639)

Balance Sheet
31st December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,342 773

CURRENT ASSETS
Stocks 5 2,086 3,660
Debtors 6 18,252 -
Cash at bank 153,422 130,920
173,760 134,580
CREDITORS
Amounts falling due within one year 7 14,612 7,308
NET CURRENT ASSETS 159,148 127,272
TOTAL ASSETS LESS CURRENT
LIABILITIES

160,490

128,045

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 160,488 128,043
SHAREHOLDERS' FUNDS 160,490 128,045

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

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 15th February 2024 and were signed by:





S P Morlidge - Director


SATORI PARTNERS LIMITED (REGISTERED NUMBER: 05985639)

Notes to the Financial Statements
for the year ended 31st December 2023

1. STATUTORY INFORMATION

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current tax only as deferred tax is not considered material. 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 tax is recognised at the amount of tax payable using the tax rates and laws that 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 (2022 - 1 ) .

SATORI PARTNERS LIMITED (REGISTERED NUMBER: 05985639)

Notes to the Financial Statements - continued
for the year ended 31st December 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1st January 2023 - 3,427 1,374 4,801
Additions 600 - 279 879
At 31st December 2023 600 3,427 1,653 5,680
DEPRECIATION
At 1st January 2023 - 3,427 601 4,028
Charge for year 88 - 222 310
At 31st December 2023 88 3,427 823 4,338
NET BOOK VALUE
At 31st December 2023 512 - 830 1,342
At 31st December 2022 - - 773 773

5. STOCKS
2023 2022
£    £   
Stocks 2,086 3,660

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 18,252 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Corporation tax 7,796 1,736
VAT 5,551 785
Other creditors 361 3,878
Directors' current accounts 4 59
Accrued expenses 900 850
14,612 7,308

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2

9. ULTIMATE CONTROLLING PARTY

The controlling party is S P Morlidge.