Company Registration No. 13929084 (England and Wales)
Satchmo's Corner Limited
Unaudited accounts
for the year ended 29 February 2024
Satchmo's Corner Limited
Unaudited accounts
Contents
Satchmo's Corner Limited
Company Information
for the year ended 29 February 2024
Company Number
13929084 (England and Wales)
Registered Office
16 Elsee Road
Rugby
Warwickshire
CV21 3BA
England
Accountants
Express Accounts
61 Albert Street
Rugby
CV21 2SN
Satchmo's Corner Limited
Statement of financial position
as at 29 February 2024
Tangible assets
182,377
120,930
Cash at bank and in hand
5,486
-
Creditors: amounts falling due within one year
(263,956)
(180,448)
Net current liabilities
(252,765)
(159,014)
Net liabilities
(70,388)
(38,084)
Called up share capital
1
1
Profit and loss account
(70,389)
(38,085)
Shareholders' funds
(70,388)
(38,084)
For the year ending 29 February 2024 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 her 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 25 November 2024 and were signed on its behalf by
G. Larner
Director
Company Registration No. 13929084
Satchmo's Corner Limited
Notes to the Accounts
for the year ended 29 February 2024
Satchmo's Corner Limited is a private company, limited by shares, registered in England and Wales, registration number 13929084. The registered office is 16 Elsee Road, Rugby, Warwickshire, CV21 3BA, 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 reducing balance rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings
At 29 February 2024
235,902
Charge for the year
32,184
At 29 February 2024
53,525
At 29 February 2024
182,377
At 28 February 2023
120,930
Amounts falling due within one year
Satchmo's Corner Limited
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
9,145
9,145
Loans from directors
242,183
170,428
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).