Company registration number 07525255 (England and Wales)
SATSTREAM MEDIA LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
SATSTREAM MEDIA LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2
SATSTREAM MEDIA LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024
31 March 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
Tangible assets
2
5,230
5,230
Creditors: amounts falling due after more than one year
3
(260,969)
(260,969)
Net liabilities
(255,739)
(255,739)
Capital and reserves
Called up share capital
200
200
Profit and loss reserves
(255,939)
(255,939)
Total equity
(255,739)
(255,739)

For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 18 September 2024 and are signed on its behalf by:
R. Urwin
Director
Company Registration No. 07525255
SATSTREAM MEDIA LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 2 -
1
Accounting policies
Company information

Satstream Media Limited is a private company limited by shares incorporated in England and Wales. The registered office is Garden House, Castle Bank, Morpeth, Northumberland, NE61 1YJ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Profit and loss account

The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.

2
Tangible fixed assets
Fixtures and fittings
Computers
Total
£
£
£
Cost
At 1 April 2023 and 31 March 2024
3,577
45,935
49,512
Depreciation and impairment
At 1 April 2023 and 31 March 2024
3,116
41,166
44,282
Carrying amount
At 31 March 2024
461
4,769
5,230
At 31 March 2023
461
4,769
5,230
3
Creditors: amounts falling due after more than one year
2024
2023
£
£
Other creditors
260,969
260,969
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