Acorah Software Products - Accounts Production 16.0.110 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 09952523 Mr. Seweryn Szopa iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09952523 2023-01-31 09952523 2024-01-31 09952523 2023-02-01 2024-01-31 09952523 frs-core:CurrentFinancialInstruments 2024-01-31 09952523 frs-core:ShareCapital 2024-01-31 09952523 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 09952523 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09952523 frs-bus:AbridgedAccounts 2023-02-01 2024-01-31 09952523 frs-bus:SmallEntities 2023-02-01 2024-01-31 09952523 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09952523 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 09952523 frs-bus:Director1 2023-02-01 2024-01-31 09952523 frs-countries:EnglandWales 2023-02-01 2024-01-31 09952523 2022-01-31 09952523 2023-01-31 09952523 2022-02-01 2023-01-31 09952523 frs-core:CurrentFinancialInstruments 2023-01-31 09952523 frs-core:ShareCapital 2023-01-31 09952523 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 09952523
Satmedia Electronics Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 January 2024
VIBAS Accountants
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3
Page 1
Abridged Balance Sheet
Registered number: 09952523
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 869,891 709,884
Debtors 100 100
Cash at bank and in hand 16,575 -
886,566 709,984
Creditors: Amounts Falling Due Within One Year (1,383,088 ) (802,568 )
NET CURRENT ASSETS (LIABILITIES) (496,522 ) (92,584 )
TOTAL ASSETS LESS CURRENT LIABILITIES (496,522 ) (92,584 )
NET LIABILITIES (496,522 ) (92,584 )
CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and Loss Account (496,622 ) (92,684 )
SHAREHOLDERS' FUNDS (496,522) (92,584)
Page 1
Page 2
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 January 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr. Seweryn Szopa
Director
28/01/2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Satmedia Electronics Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09952523 . The registered office is 13 Freeland Park Lytchett House, Wareham Road , Poole, Dorset, BH16 6FA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: )
1 -
4. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 100 100
Amount of Allotted, Called Up Share Capital 100 100
Page 3