Company Registration No. 10510648 (England and Wales)
Sagetarius Solutions Ltd
Unaudited accounts
for the year ended 31 December 2023
Sagetarius Solutions Ltd
Unaudited accounts
Contents
Sagetarius Solutions Ltd
Company Information
for the year ended 31 December 2023
Company Number
10510648 (England and Wales)
Registered Office
11 Willow Way
Maidstone
KENT
ME16 9BD
ENGLAND
Accountants
Kate Fisher
177 Lower Binton
Stratford upon Avon
United Kingdom
CV37 9TF
Sagetarius Solutions Ltd
Accountants' report
Accountants' report to the director of Sagetarius Solutions Ltd (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 December 2023.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 December 2023. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Kate Fisher
177 Lower Binton
Stratford upon Avon
United Kingdom
CV37 9TF
20 September 2024
Sagetarius Solutions Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
25,586
35,974
Cash at bank and in hand
5,884
(24,405)
Creditors: amounts falling due within one year
(12,722)
(138,419)
Net current assets/(liabilities)
43,021
(132,686)
Total assets less current liabilities
68,607
(96,712)
Creditors: amounts falling due after more than one year
(86,126)
97,020
Net (liabilities)/assets
(17,519)
308
Called up share capital
100
100
Profit and loss account
(17,619)
208
Shareholders' funds
(17,519)
308
For the year 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 25 September 2024 and were signed on its behalf by
Paul Haralambie
Director
Company Registration No. 10510648
Sagetarius Solutions Ltd
Notes to the Accounts
for the year ended 31 December 2023
Sagetarius Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 10510648. The registered office is 11 Willow Way, Maidstone, KENT, ME16 9BD, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
25% Reducing balance
Motor vehicles
25% Straight Line Method
Computer equipment
25% Reducing balance
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Tangible fixed assets
Total
At 31 December 2023
48,582
Charge for the year
10,388
At 31 December 2023
22,996
At 31 December 2023
25,586
At 31 December 2022
35,974
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Average number of employees
During the year the average number of employees was 0 (2022: 0).