Company Registration No. 04008528 (England and Wales)
SAT-UK.NET LIMITED
Unaudited accounts
for the year ended 30 November 2023
SAT-UK.NET LIMITED
Unaudited accounts
Contents
SAT-UK.NET LIMITED
Company Information
for the year ended 30 November 2023
Directors
Paul Heaton
Nuno Da Silva
Company Number
04008528 (England and Wales)
Registered Office
SUITE D
ARUNDEL ROAD
UXBRIDGE
MIDDLESEX
UB8 2RP
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
SAT-UK.NET LIMITED
Statement of financial position
as at 30 November 2023
Tangible assets
4,735
9,470
Cash at bank and in hand
302
1,078
Creditors: amounts falling due within one year
(77,983)
(81,431)
Net current liabilities
(71,072)
(72,075)
Net liabilities
(66,337)
(62,605)
Called up share capital
2
2
Profit and loss account
(66,339)
(62,607)
Shareholders' funds
(66,337)
(62,605)
For the year ending 30 November 2023 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 26 August 2024 and were signed on its behalf by
Paul Heaton
Director
Company Registration No. 04008528
SAT-UK.NET LIMITED
Notes to the Accounts
for the year ended 30 November 2023
SAT-UK.NET LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04008528. The registered office is SUITE D, ARUNDEL ROAD, UXBRIDGE, MIDDLESEX, UB8 2RP.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
20% Straight Line
Computer equipment
25% Straight Line
The 2021 profit and loss account comparative figures analysis is estimated
SAT-UK.NET LIMITED
Notes to the Accounts
for the year ended 30 November 2023
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2022
23,405
217
23,622
At 30 November 2023
23,405
217
23,622
At 1 December 2022
14,043
109
14,152
Charge for the year
4,681
54
4,735
At 30 November 2023
18,724
163
18,887
At 30 November 2023
4,681
54
4,735
At 30 November 2022
9,362
108
9,470
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
3,543
-
Taxes and social security
151
(75)
Loans from directors
73,869
-
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).