SENTINEL SMALL UNMANNED AVIATION SYSTEMS (SUAS) LTD

Company Registration Number:
10294408 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

SENTINEL SMALL UNMANNED AVIATION SYSTEMS (SUAS) LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

SENTINEL SMALL UNMANNED AVIATION SYSTEMS (SUAS) LTD

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 767 767
Tangible assets: 4 72,971 237,598
Total fixed assets: 73,738 238,365
Current assets
Stocks: 116,262 0
Debtors:   434,291 1,203,488
Cash at bank and in hand: 459,658 1,636,335
Total current assets: 1,010,211 2,839,823
Creditors: amounts falling due within one year:   (549,220) (2,934,283)
Net current assets (liabilities): 460,991 (94,460)
Total assets less current liabilities: 534,729 143,905
Creditors: amounts falling due after more than one year:   (706,000) (856,000)
Total net assets (liabilities): (171,271) (712,095)
Capital and reserves
Called up share capital: 120 120
Share premium account: 250,000 250,000
Profit and loss account: (421,391) (962,215)
Shareholders funds: (171,271) (712,095)

The notes form part of these financial statements

SENTINEL SMALL UNMANNED AVIATION SYSTEMS (SUAS) LTD

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 September 2024
and signed on behalf of the board by:

Name: Justin Baxter
Status: Director

The notes form part of these financial statements

SENTINEL SMALL UNMANNED AVIATION SYSTEMS (SUAS) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SENTINEL SMALL UNMANNED AVIATION SYSTEMS (SUAS) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 9 8

SENTINEL SMALL UNMANNED AVIATION SYSTEMS (SUAS) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible Assets

Total
Cost £
At 01 January 2023 767
At 31 December 2023 767
Net book value
At 31 December 2023 767
At 31 December 2022 767

SENTINEL SMALL UNMANNED AVIATION SYSTEMS (SUAS) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 331,284
Additions 11,349
Disposals (152,786)
At 31 December 2023 189,847
Depreciation
At 01 January 2023 93,686
Charge for year 30,881
On disposals (7,691)
At 31 December 2023 116,876
Net book value
At 31 December 2023 72,971
At 31 December 2022 237,598