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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
Page
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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
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SAT-UK.NET LIMITED Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,735 
9,470 
Current assets
Debtors
6,609 
8,278 
Cash at bank and in hand
302 
1,078 
6,911 
9,356 
Creditors: amounts falling due within one year
(77,983)
(81,431)
Net current liabilities
(71,072)
(72,075)
Net liabilities
(66,337)
(62,605)
Capital and reserves
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
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SAT-UK.NET LIMITED Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
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.
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.
Turnover
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
Comparative Figures
The 2021 profit and loss account comparative figures analysis is estimated
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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 
Depreciation
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 
Net book value
At 30 November 2023
4,681 
54 
4,735 
At 30 November 2022
9,362 
108 
9,470 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,609 
4,851 
Other debtors
- 
3,427 
6,609 
8,278 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
3,543 
- 
Trade creditors
61 
- 
Taxes and social security
151 
(75)
Other creditors
- 
76,182 
Loans from directors
73,869 
- 
Accruals
359 
5,324 
77,983 
81,431 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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