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Company Registration No. 11315614 (England and Wales)
SATEPO LIMITED Unaudited accounts for the year ended 30 April 2024
SATEPO LIMITED Unaudited accounts Contents
Page
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SATEPO LIMITED Company Information for the year ended 30 April 2024
Director
RAUPOV, Husrav
Company Number
11315614 (England and Wales)
Registered Office
318 OLD STREET LONDON EC1V 9DR ENGLAND
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SATEPO LIMITED Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
240,000 
280,000 
Tangible assets
93,516 
126,531 
333,516 
406,531 
Current assets
Inventories
27,275 
28,070 
Debtors
82,627 
83,507 
Cash at bank and in hand
11,641 
1,598 
121,543 
113,175 
Creditors: amounts falling due within one year
(427,849)
(486,472)
Net current liabilities
(306,306)
(373,297)
Total assets less current liabilities
27,210 
33,234 
Creditors: amounts falling due after more than one year
(379,052)
(447,892)
Net liabilities
(351,842)
(414,658)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(351,844)
(414,660)
Shareholders' funds
(351,842)
(414,658)
For the year ending 30 April 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 his 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 26 January 2025 and were signed on its behalf by
RAUPOV, Husrav Director Company Registration No. 11315614
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SATEPO LIMITED Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
SATEPO LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11315614. The registered office is 318 OLD STREET, LONDON, EC1V 9DR, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
5
Computer equipment
5
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2023
400,000 
At 30 April 2024
400,000 
Amortisation
At 1 May 2023
120,000 
Charge for the year
40,000 
At 30 April 2024
160,000 
Net book value
At 30 April 2024
240,000 
At 30 April 2023
280,000 
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SATEPO LIMITED Notes to the Accounts for the year ended 30 April 2024
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 May 2023
165,081 
At 30 April 2024
165,081 
Depreciation
At 1 May 2023
38,550 
Charge for the year
33,015 
At 30 April 2024
71,565 
Net book value
At 30 April 2024
93,516 
At 30 April 2023
126,531 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
408 
Accrued income and prepayments
49,990 
47,350 
Other debtors
32,637 
35,749 
82,627 
83,507 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
46,800 
45,444 
VAT
48,448 
95,134 
Trade creditors
183,808 
247,441 
Taxes and social security
38,089 
52,264 
Other creditors
110,704 
46,189 
427,849 
486,472 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
67,328 
99,705 
Other creditors
137,000 
137,000 
Loans from directors
174,724 
211,187 
379,052 
447,892 
9
Average number of employees
During the year the average number of employees was 44 (2023: 37).
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