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REGISTERED NUMBER: 14825638 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

25 APRIL 2023 TO 30 APRIL 2024

FOR

SATTVIC LTD

SATTVIC LTD (REGISTERED NUMBER: 14825638)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 25 APRIL 2023 TO 30 APRIL 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


SATTVIC LTD (REGISTERED NUMBER: 14825638)

BALANCE SHEET
30 APRIL 2024

Notes £    £   
FIXED ASSETS
Tangible assets 5 807

CURRENT ASSETS
Debtors 6 3,637
Cash at bank 485
4,122
CREDITORS
Amounts falling due within one year 7 2,509
NET CURRENT ASSETS 1,613
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,420

PROVISIONS FOR LIABILITIES 8 153
NET ASSETS 2,267

CAPITAL AND RESERVES
Called up share capital 9 100
Retained earnings 2,167
SHAREHOLDERS' FUNDS 2,267

SATTVIC LTD (REGISTERED NUMBER: 14825638)

BALANCE SHEET - continued
30 APRIL 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2024 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 October 2024 and were signed on its behalf by:





Dr M Biswas - Director


SATTVIC LTD (REGISTERED NUMBER: 14825638)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 25 APRIL 2023 TO 30 APRIL 2024


1. STATUTORY INFORMATION

Sattvic Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 14825638

Registered office: 1 Hutton Place
Leicester
Leicestershire
LE4 5FB

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


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
The turnover shown in the profit and loss account represents amounts receivable for services provided during the period.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Medical equipment - 20% on reducing balance
Computer equipment - 20% on cost

All fixed assets are initially recorded at cost.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


SATTVIC LTD (REGISTERED NUMBER: 14825638)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 25 APRIL 2023 TO 30 APRIL 2024


3. ACCOUNTING POLICIES - continued
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 period 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.

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

SATTVIC LTD (REGISTERED NUMBER: 14825638)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 25 APRIL 2023 TO 30 APRIL 2024


5. TANGIBLE FIXED ASSETS
Medical Computer
equipment equipment Totals
£    £    £   
COST
Additions 250 759 1,009
At 30 April 2024 250 759 1,009
DEPRECIATION
Charge for period 50 152 202
At 30 April 2024 50 152 202
NET BOOK VALUE
At 30 April 2024 200 607 807

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Prepayments and accrued income 3,637

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 234
Corporation tax 775
Directors' current account 300
Accruals and deferred income 1,200
2,509

8. PROVISIONS FOR LIABILITIES
£   
Deferred tax
Accelerated capital allowances 153

Deferred
tax
£   
Provided during period 153
Balance at 30 April 2024 153

SATTVIC LTD (REGISTERED NUMBER: 14825638)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 25 APRIL 2023 TO 30 APRIL 2024


9. CALLED UP SHARE CAPITAL

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

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.