22 December 2022 false No description of principal activity Taxfiler 2024.5 14555318business:PrivateLimitedCompanyLtd2022-12-222023-12-31 145553182022-12-21 145553182022-12-222023-12-31 14555318business:AuditExemptWithAccountantsReport2022-12-222023-12-31 14555318business:FilletedAccounts2022-12-222023-12-31 145553182023-12-31 14555318business:Director12022-12-222023-12-31 14555318business:RegisteredOffice2022-12-222023-12-31 14555318core:WithinOneYear2023-12-31 14555318core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 14555318core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 14555318core:PreviouslyStatedAmount2023-12-31 14555318business:SmallEntities2022-12-222023-12-31 14555318countries:EnglandWales2022-12-222023-12-31 14555318core:ComputerEquipment2022-12-222023-12-31 14555318core:ComputerEquipment2022-12-21 14555318core:ComputerEquipment2023-12-31 14555318business:OrdinaryShareClass12022-12-222023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 14555318 (England and Wales)
Satoth Limited Unaudited accounts for the period from 22 December 2022 to 31 December 2023
Satoth Limited Unaudited accounts Contents
Page
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Satoth Limited Company Information for the period from 22 December 2022 to 31 December 2023
Director
Mr Anthony James Thompson
Company Number
14555318 (England and Wales)
Registered Office
76 Stallingborough Road Healing Grimsby North-East Lincolnshire DN41 7QL
Accountants
Kendall Accountancy Services Limited 2 Exeter Street New Village Road Cottingham East Yorkshire HU16 4LU
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Satoth Limited Statement of financial position as at 31 December 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
375 
Current assets
Debtors
30 
Cash at bank and in hand
67,153 
67,183 
Creditors: amounts falling due within one year
(50,137)
Net current assets
17,046 
Net assets
17,421 
Capital and reserves
Called up share capital
100 
Profit and loss account
17,321 
Shareholders' funds
17,421 
For the period ending 31 December 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 director acknowledges his 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 and authorised for issue on 28 February 2024 and were signed on its behalf by
Mr Anthony James Thompson Director Company Registration No. 14555318
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Satoth Limited Notes to the Accounts for the period from 22 December 2022 to 31 December 2023
1
Statutory information
Satoth Limited is a private company, limited by shares, registered in England and Wales, registration number 14555318. The registered office is 76 Stallingborough Road, Healing, Grimsby, North-East Lincolnshire, DN41 7QL.
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 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:
Computer equipment
25% cost
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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Satoth Limited Notes to the Accounts for the period from 22 December 2022 to 31 December 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 22 December 2022
- 
Additions
500 
At 31 December 2023
500 
Depreciation
Charge for the period
125 
At 31 December 2023
125 
Net book value
At 31 December 2023
375 
5
Debtors
2023 
£ 
Amounts falling due within one year
Accrued income and prepayments
30 
6
Creditors: amounts falling due within one year
2023 
£ 
Taxes and social security
10,839 
Loans from directors
39,154 
Accruals
144 
50,137 
7
Share capital
2023 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
8
Average number of employees
During the period the average number of employees was 1.
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