| Registered Number:13906009 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Satec Tooling Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Satec Tooling Ltd
Statement of Financial Position
2024
2025
40,250
43,500
2
| Property, plant and equipment |
264
484
3
40,514
43,984
12,000
12,000
4
| Trade and other receivables |
149,356
153,125
5
44,183
| Cash and cash equivalents |
81,972
247,097
205,539
| Trade and other payables: amounts falling due within one |
| year |
(135,035)
(145,293)
6
70,504
101,804
Net current assets
| Total assets less current liabilities |
142,318
114,488
142,318
Net assets
114,488
100
100
142,218
114,388
142,318
114,488
Shareholders' funds
| For the year ended 31 March 2025 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 19 May 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Satec Tooling Ltd
Notes to the Financial Statements
Statutory Information
| Satec Tooling Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number |
| 13906009. |
28-29 New Road
Kidderminster
England
DY10 1AF
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer Equipment
Inventories
| Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Pension costs and other post-retirement benefits
| The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
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For the year ended 31 March 2025
Satec Tooling Ltd
Notes to the Financial Statements Continued
| 2. Intangible fixed assets |
50,000
50,000
6,500
3,250
Charge for year
9,750
40,250
43,500
| 3. Property, plant and equipment |
880
880
| Provision for depreciation and impairment |
396
Charge for year
220
616
264
484
2024
2025
12,000
12,000
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For the year ended 31 March 2025
Satec Tooling Ltd
Notes to the Financial Statements Continued
| 5. Trade and other receivables |
2024
2025
146,695
144,298
6,430
5,058
149,356
153,125
| 6. Trade and other payables: amounts falling due within one year |
2024
2025
97,618
82,603
| Taxation and social security |
45,675
50,432
2,000
2,000
145,293
135,035
| 7. Average number of persons employed |
During the year the average number of employees was 3 (2024 : 3)
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