Company Registration No. 10578461 (England and Wales)
Satsu Limited
Unaudited accounts
for the year ended 31 October 2024
Satsu Limited
Unaudited accounts
Contents
Satsu Limited
Company Information
for the year ended 31 October 2024
Directors
Charlotte Howard
Christopher Howard
Company Number
10578461 (England and Wales)
Registered Office
Park House The Park
Painswick
Stroud
GL6 6SN
England
Accountants
Charterwells
Suite 8, 2nd Floor
43-45 High Road
Bushey Heath
WD23 1EE
Satsu Limited
Statement of financial position
as at 31 October 2024
Tangible assets
72,361
94,806
Cash at bank and in hand
223,255
83,796
Creditors: amounts falling due within one year
4,375
122,573
Net current assets
227,630
232,369
Total assets less current liabilities
299,991
327,175
Creditors: amounts falling due after more than one year
(10,631)
(10,631)
Net assets
289,360
316,544
Called up share capital
4
4
Profit and loss account
289,356
316,540
Shareholders' funds
289,360
316,544
For the year ending 31 October 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 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 of Directors and authorised for issue on 20 May 2025 and were signed on its behalf by
Charlotte Howard
Director
Company Registration No. 10578461
Satsu Limited
Notes to the Accounts
for the year ended 31 October 2024
Satsu Limited is a private company, limited by shares, registered in England and Wales, registration number 10578461. The registered office is Park House The Park, Painswick, Stroud, GL6 6SN, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
25% RBM
Computer equipment
25% RBM
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 November 2023
4,883
18,730
99,460
4,280
3,875
131,228
Additions
-
1,561
-
-
1,090
2,651
Disposals
-
(1,561)
-
-
-
(1,561)
At 31 October 2024
4,883
18,730
99,460
4,280
4,965
132,318
At 1 November 2023
488
3,483
27,973
1,877
2,601
36,422
Charge for the year
659
3,812
17,872
601
591
23,535
At 31 October 2024
1,147
7,295
45,845
2,478
3,192
59,957
At 31 October 2024
3,736
11,435
53,615
1,802
1,773
72,361
At 31 October 2023
4,395
15,247
71,487
2,403
1,274
94,806
Satsu Limited
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
-
26,000
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
17
493
Taxes and social security
(5,438)
(9,772)
Loans from directors
81
(113,294)
7
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
10,631
10,631
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).