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REGISTERED NUMBER: 06683926 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Saturn Bioponics Ltd

Saturn Bioponics Ltd (Registered number: 06683926)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Saturn Bioponics Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTORS: A Fisher
Ms P M Stafford
A Fisher





REGISTERED OFFICE: 153 Metchley Lane
Birmingham
B17 0JL





REGISTERED NUMBER: 06683926 (England and Wales)





ACCOUNTANTS: Locke Williams Associates LLP
Chartered Accountants
Studio 2
50-54 St Pauls Square
Birmingham
West Midlands
B3 1QS

Saturn Bioponics Ltd (Registered number: 06683926)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 251 740

CURRENT ASSETS
Stocks 12,035 13,590
Debtors 5 90,022 174,581
Cash at bank 452,371 364,769
554,428 552,940
CREDITORS
Amounts falling due within one year 6 138,492 68,630
NET CURRENT ASSETS 415,936 484,310
TOTAL ASSETS LESS CURRENT
LIABILITIES

416,187

485,050

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 416,087 484,950
416,187 485,050

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

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

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 23 May 2025 and were signed on its behalf by:





A Fisher - Director


Saturn Bioponics Ltd (Registered number: 06683926)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Saturn Bioponics Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc - 33% on cost and 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

Saturn Bioponics Ltd (Registered number: 06683926)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023
and 31 August 2024 3,696
DEPRECIATION
At 1 September 2023 2,956
Charge for year 489
At 31 August 2024 3,445
NET BOOK VALUE
At 31 August 2024 251
At 31 August 2023 740

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 45,546 24,012
Amounts owed by participating interests - 2,346
Amounts owed by associates 25,894 144,225
Other debtors 18,582 3,998
90,022 174,581

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors 51,505 52,147
Taxation and social security 22,862 14,764
Other creditors 64,125 1,719
138,492 68,630

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

31.8.24 31.8.23
£    £   
A Fisher
Balance outstanding at start of year 3,998 3,998
Amounts repaid (998 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,000 3,998