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REGISTERED NUMBER: 01761770 (England and Wales)










S.A.T. LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2024






S.A.T. LIMITED (REGISTERED NUMBER: 01761770)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


S.A.T. LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2024







DIRECTORS: P.C. Little
A.D.J. West





SECRETARY: P.C. Little





REGISTERED OFFICE: 137, Station Road,
Chingford,
London
E4 6AG





REGISTERED NUMBER: 01761770 (England and Wales)





ACCOUNTANTS: Cobbin Floyd Ltd
t/as Findlay Wetherfield Scott & Co.
Chartered Accountants
137, Station Road
Chingford,
London
E4 6AG

S.A.T. LIMITED (REGISTERED NUMBER: 01761770)

BALANCE SHEET
31ST MAY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,357 179

CURRENT ASSETS
Debtors 5 150,326 113,127
Cash at bank and in hand 84,161 108,704
234,487 221,831
CREDITORS
Amounts falling due within one year 6 (169,757 ) (99,941 )
NET CURRENT ASSETS 64,730 121,890
TOTAL ASSETS LESS CURRENT
LIABILITIES

66,087

122,069

PROVISIONS FOR LIABILITIES (268 ) -
NET ASSETS 65,819 122,069

CAPITAL AND RESERVES
Called up share capital 30,908 30,908
Retained earnings 34,911 91,161
SHAREHOLDERS' FUNDS 65,819 122,069

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 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.

S.A.T. LIMITED (REGISTERED NUMBER: 01761770)

BALANCE SHEET - continued
31ST MAY 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25th February 2025 and were signed on its behalf by:





P.C. Little - Director


S.A.T. LIMITED (REGISTERED NUMBER: 01761770)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2024

1. STATUTORY INFORMATION

S.A.T. Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

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

Turnover
Turnover represents the value of revenue recognised by the company for goods and services supplied, excluding value added tax and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

S.A.T. LIMITED (REGISTERED NUMBER: 01761770)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1st June 2023 9,449
Additions 1,763
At 31st May 2024 11,212
DEPRECIATION
At 1st June 2023 9,270
Charge for year 585
At 31st May 2024 9,855
NET BOOK VALUE
At 31st May 2024 1,357
At 31st May 2023 179

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,356 35,725
Taxes 33,388 35,237
Prepayments 113,582 42,165
150,326 113,127

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 57,064 17,531
Corporation tax 11,763 15,544
Other creditors 1,127 -
Directors' current accounts 1,776 828
Accruals and deferred income 98,027 66,038
169,757 99,941

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

There was an amount of £1,776 owed to the directors at the balance sheet date.