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Company Registration No. 12343818 (England and Wales)
Saturnalia Trading Ltd Unaudited accounts for the year ended 31 December 2024
Saturnalia Trading Ltd Unaudited accounts Contents
Page
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Saturnalia Trading Ltd Company Information for the year ended 31 December 2024
Director
H Davey
Company Number
12343818 (England and Wales)
Registered Office
203 West Street Fareham Hampshire PO16 0EN England
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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Saturnalia Trading Ltd Accountants' report
Accountants' report to the director of Saturnalia Trading Ltd on the preparation of the unaudited statutory accounts for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Saturnalia Trading Ltd for the year ended 31 December 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Saturnalia Trading Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Saturnalia Trading Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Saturnalia Trading Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Saturnalia Trading Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Saturnalia Trading Ltd. You consider that Saturnalia Trading Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Saturnalia Trading Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense 203 West Street Fareham Hants PO16 0EN 18 March 2025
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Saturnalia Trading Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,620 
3,759 
Current assets
Inventories
111,589 
120,000 
Debtors
- 
2,974 
Cash at bank and in hand
4,060 
3,875 
115,649 
126,849 
Creditors: amounts falling due within one year
(114,453)
(127,102)
Net current assets/(liabilities)
1,196 
(253)
Net assets
8,816 
3,506 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
8,815 
3,505 
Shareholders' funds
8,816 
3,506 
For the year ending 31 December 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 18 March 2025 and were signed on its behalf by
H Davey Director Company Registration No. 12343818
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Saturnalia Trading Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Saturnalia Trading Ltd is a private company, limited by shares, registered in England and Wales, registration number 12343818. The registered office is 203 West Street, Fareham, Hampshire, PO16 0EN, 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:
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
- 
6,306 
6,306 
Additions
1,800 
3,791 
5,591 
At 31 December 2024
1,800 
10,097 
11,897 
Depreciation
At 1 January 2024
- 
2,547 
2,547 
Charge for the year
225 
1,505 
1,730 
At 31 December 2024
225 
4,052 
4,277 
Net book value
At 31 December 2024
1,575 
6,045 
7,620 
At 31 December 2023
- 
3,759 
3,759 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
2,974 
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Saturnalia Trading Ltd Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,511 
- 
Trade creditors
979 
15,385 
Other creditors
64,652 
17,000 
Loans from directors
46,627 
94,153 
Accruals
684 
564 
114,453 
127,102 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
H Davey
Loan to director
(94,152)
(31,040)
(78,565)
(46,627)
(94,152)
(31,040)
(78,565)
(46,627)
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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