Acorah Software Products - Accounts Production 16.2.850 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 11539044 Mr Damian Atkinson Mrs Elisabeth Atkinson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11539044 2023-08-31 11539044 2024-08-31 11539044 2023-09-01 2024-08-31 11539044 frs-core:CurrentFinancialInstruments 2024-08-31 11539044 frs-core:ShareCapital 2024-08-31 11539044 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 11539044 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 11539044 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 11539044 frs-bus:SmallEntities 2023-09-01 2024-08-31 11539044 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 11539044 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 11539044 frs-bus:Director1 2023-09-01 2024-08-31 11539044 frs-bus:Director1 2023-08-31 11539044 frs-bus:Director1 2024-08-31 11539044 frs-bus:Director2 2023-09-01 2024-08-31 11539044 1 2023-09-01 2024-08-31 11539044 frs-countries:EnglandWales 2023-09-01 2024-08-31 11539044 2022-08-31 11539044 2023-08-31 11539044 2022-09-01 2023-08-31 11539044 frs-core:CurrentFinancialInstruments 2023-08-31 11539044 frs-core:ShareCapital 2023-08-31 11539044 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 11539044 1 2022-09-01 2023-08-31
Registered number: 11539044
Satiad Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Paul Monaghan Chartered Accountant
ICAEW
18 Hartshill Close
Uxbridge
Middlesex
UB10 9LH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11539044
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 1,208 -
Cash at bank and in hand 17,514 15,608
18,722 15,608
Creditors: Amounts Falling Due Within One Year 5 (13,607 ) (12,100 )
NET CURRENT ASSETS (LIABILITIES) 5,115 3,508
TOTAL ASSETS LESS CURRENT LIABILITIES 5,115 3,508
NET ASSETS 5,115 3,508
CAPITAL AND RESERVES
Called up share capital 6 2 2
Profit and Loss Account 5,113 3,506
SHAREHOLDERS' FUNDS 5,115 3,508
Page 1
Page 2
For the year ending 31 August 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 directors acknowledge their 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.
On behalf of the board
Mr Damian Atkinson
Director
18 March 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Satiad Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11539044 . The registered office is Russell Lodge 4 Russell Road, Buckhurst Hill, Buckhurst Hill, Essex, IG9 5QJ.
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. Turnover
The turnover shown in the profit and loss account represents the fair value of revenue earned during the period based on work done for and accepted by clients, excluding VAT.
2.3. Taxation
Income tax expense represents the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
Directors 2 2
3 3
4. Debtors
2024 2023
£ £
Due within one year
Directors' loan accounts 1,208 -
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 9,899 7,361
VAT 3,438 3,286
Accruals and deferred income 270 1,300
Directors' loan accounts - 153
13,607 12,100
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Page 4
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 September 2023 Amounts advanced Amounts repaid Amounts written off As at 31 August 2024
£ £ £ £ £
Mr Damian Atkinson - 1,208 - - 1,208
The above loan is unsecured, with interest being charged at the HMRC rates for non-benefial loans, calculated on a daily basis.  The maximum amount loaned in the year was £1,208.
Dividends paid to directors
2024 2023
£ £
Mrs Elisabeth Atkinson 20,000 16,000
Mr Damian Atkinson 20,000 16,000
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