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Company Registration No. 13176533 (England and Wales)
Saturn Turbo Services Ltd Unaudited accounts for the year ended 31 March 2024
Saturn Turbo Services Ltd Unaudited accounts Contents
Page
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Saturn Turbo Services Ltd Company Information for the year ended 31 March 2024
Directors
David Huddleston Christopher Wainwright
Company Number
13176533 (England and Wales)
Registered Office
North East Workshops Wilton International Middlesbrough TS10 4RG
Accountants
Pollard & Co Accounting Services Ltd 26b Bradford Road Guiseley LEEDS LS20 8NH
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Saturn Turbo Services Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
334,065 
219,721 
Current assets
Inventories
149,050 
101,000 
Debtors
493,565 
428,805 
Cash at bank and in hand
631,036 
127,470 
1,273,651 
657,275 
Creditors: amounts falling due within one year
(512,480)
(324,809)
Net current assets
761,171 
332,466 
Total assets less current liabilities
1,095,236 
552,187 
Creditors: amounts falling due after more than one year
(122,784)
(74,867)
Net assets
972,452 
477,320 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
972,252 
477,120 
Shareholders' funds
972,452 
477,320 
For the year ending 31 March 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 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 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 of Directors and authorised for issue on 8 April 2024 and were signed on its behalf by
David Huddleston Director Company Registration No. 13176533
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Saturn Turbo Services Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Saturn Turbo Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 13176533. The registered office is North East Workshops, Wilton International, Middlesbrough, TS10 4RG.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20% Straight line
Plant & machinery
20% Reducing balance
Motor vehicles
20% Reducing balance
Fixtures & fittings
20% Straight line
Computer equipment
33.33% Straight line
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
5,593 
111,650 
144,976 
2,717 
2,537 
267,473 
Additions
750 
58,492 
111,187 
1,170 
- 
171,599 
At 31 March 2024
6,343 
170,142 
256,163 
3,887 
2,537 
439,072 
Depreciation
At 1 April 2023
186 
21,712 
25,345 
97 
412 
47,752 
Charge for the year
1,244 
23,338 
31,196 
631 
846 
57,255 
At 31 March 2024
1,430 
45,050 
56,541 
728 
1,258 
105,007 
Net book value
At 31 March 2024
4,913 
125,092 
199,622 
3,159 
1,279 
334,065 
At 31 March 2023
5,407 
89,938 
119,631 
2,620 
2,125 
219,721 
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Saturn Turbo Services Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
488,697 
425,085 
Accrued income and prepayments
4,868 
3,720 
493,565 
428,805 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
128,958 
9,389 
Obligations under finance leases and hire purchase contracts
37,333 
23,495 
Trade creditors
147,715 
193,664 
Taxes and social security
207,014 
47,019 
Other creditors
1,986 
1,355 
Loans from directors
(10,526)
49,887 
512,480 
324,809 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
122,784 
74,867 
8
Transactions with related parties
Directors Salaries £25,140 Loan to directors Mr C Wainwright 2nd February 2024 £10 763 repaid 6th April 2024 Loan from directors Mr D Huddleston £237
9
Average number of employees
During the year the average number of employees was 11 (2023: 8).
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