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REGISTERED NUMBER: 07479313 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

S A Technology Limited

S A Technology Limited (Registered number: 07479313)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


S A Technology Limited

Company Information
for the Year Ended 31 May 2023







DIRECTOR: Mr S Armario



REGISTERED OFFICE: Broom House
39/43 London Road
Hadleigh, Benfleet
Essex
SS7 2QL



REGISTERED NUMBER: 07479313 (England and Wales)



ACCOUNTANTS: BPSL
Brooms Professional Services Limited
Chartered Certified Accountants
Broom House
39/43 London Road
Hadleigh, Benfleet
Essex
SS7 2QL



BANKERS: Nat West
Colchester Branch
25 Higfh Street
Colchester
Essex
CO1 1DG

S A Technology Limited (Registered number: 07479313)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,035 7,176

CURRENT ASSETS
Debtors 5 64,563 64,325
Cash at bank 62,087 59,123
126,650 123,448
CREDITORS
Amounts falling due within one year 6 100,942 101,210
NET CURRENT ASSETS 25,708 22,238
TOTAL ASSETS LESS CURRENT
LIABILITIES

47,743

29,414

CREDITORS
Amounts falling due after more than one
year

7

(28,843

)

(19,000

)

PROVISIONS FOR LIABILITIES 9 - (252 )
NET ASSETS 18,900 10,162

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 18,898 10,160
SHAREHOLDERS' FUNDS 18,900 10,162

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

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

S A Technology Limited (Registered number: 07479313)

Balance Sheet - continued
31 May 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 February 2024 and were signed by:





Mr S Armario - Director


S A Technology Limited (Registered number: 07479313)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

S A Technology 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 cost
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 3 ) .

S A Technology Limited (Registered number: 07479313)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 June 2022 20,613 4,375 24,988
Additions 534 22,500 23,034
Disposals (11,475 ) (4,375 ) (15,850 )
At 31 May 2023 9,672 22,500 32,172
DEPRECIATION
At 1 June 2022 14,937 2,875 17,812
Charge for year 2,345 4,446 6,791
Eliminated on disposal (11,475 ) (2,991 ) (14,466 )
At 31 May 2023 5,807 4,330 10,137
NET BOOK VALUE
At 31 May 2023 3,865 18,170 22,035
At 31 May 2022 5,676 1,500 7,176

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 62,799 61,930
Other debtors - 1,315
Prepayments 1,764 1,080
64,563 64,325

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans and overdrafts 6,000 6,000
Hire purchase contracts 3,722 -
Trade creditors 17,763 30,751
Tax 9,884 6,577
Social security and other taxes 662 1,134
VAT 2,436 11,677
Other creditors 1,084 84
Directors' current accounts 45,351 2,642
Accruals and deferred income 14,040 42,345
100,942 101,210

S A Technology Limited (Registered number: 07479313)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.5.22
£    £   
Bank loans - 1-2 years 6,000 6,000
Bank loans - 2-5 years 7,000 13,000
Hire purchase contracts 15,843 -
28,843 19,000

8. SECURED DEBTS

Within creditors there are £19,565 of hire purchase agreements secured against the related assets.

9. PROVISIONS FOR LIABILITIES
31.5.23 31.5.22
£    £   
Other provisions
Doubtful debt provision - 252

Other
provisions
£   
Balance at 1 June 2022 252
Provided during year 4,391
Balance at 31 May 2023 4,643