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REGISTERED NUMBER: 12287752 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 December 2023

for

SAATHI SOLUTIONS LTD

SAATHI SOLUTIONS LTD (Registered number: 12287752)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 6

SAATHI SOLUTIONS LTD

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Lt Gen Sir N A W Pope
Lady J E Pope





SECRETARY:





REGISTERED OFFICE: 52-54 Winchester Street
Salisbury
Wiltshire
SP11HG





REGISTERED NUMBER: 12287752 (England and Wales)





ACCOUNTANTS: Ray Bartlett & Co
Accountants & Taxation Consultants
52-54 Winchester Street
Salisbury
Wiltshire
SP1 1HG

SAATHI SOLUTIONS LTD (Registered number: 12287752)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,889 1,776
1,889 1,776

CURRENT ASSETS
Debtors 5 263 1
Cash at bank 84,560 102,661
84,823 102,662
CREDITORS
Amounts falling due within one year 6 4,309 23,314
NET CURRENT ASSETS 80,514 79,348
TOTAL ASSETS LESS CURRENT
LIABILITIES

82,403

81,124

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 82,303 81,024
SHAREHOLDER FUNDS 82,403 81,124

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 September 2024 and were signed on its behalf by:



Lt Gen Sir N A W Pope - Director


SAATHI SOLUTIONS LTD (Registered number: 12287752)

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


1. STATUTORY INFORMATION

SAATHI SOLUTIONS LTD 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Office equipment - 25% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

SAATHI SOLUTIONS LTD (Registered number: 12287752)

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


4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 January 2023 3,647
Additions 742
At 31 December 2023 4,389
DEPRECIATION
At 1 January 2023 1,871
Charge for year 629
At 31 December 2023 2,500
NET BOOK VALUE
At 31 December 2023 1,889
At 31 December 2022 1,776

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors - 1
VAT 263 -
263 1

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Tax 2,971 16,004
VAT - 6,710
Directors' current accounts 738 -
Accrued expenses 600 600
4,309 23,314

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary £1 100 100

SAATHI SOLUTIONS LTD (Registered number: 12287752)

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


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
Lady J E Pope
Balance outstanding at start of year - 116
Amounts repaid - (116 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

The directors overdrawn balance has now been repaid.

SAATHI SOLUTIONS LTD

Report of the Accountants to the Directors of
SAATHI SOLUTIONS LTD


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2023 set out on pages two to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Ray Bartlett & Co
Accountants & Taxation Consultants
52-54 Winchester Street
Salisbury
Wiltshire
SP1 1HG


1 September 2024