Registration number: 04647547

Satusfaction Post Production Limited

Contents

Company Information	1
Statement of Financial Position	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Satusfaction Post Production Limited

Company Information

Directors

S M Lawrence L A A Lloyd

Registered office

130 Shaftesbury Avenue 2nd Floor London W1D 5EU

Accountants

Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

Satusfaction Post Production Limited

Statement of Financial Position as at 31 January 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	3,062	3,933
Current assets
Debtors	5	36,760	44,101
Cash at bank and in hand		132,072	177,443
		168,832	221,544
Creditors: Amounts falling due within one year	6	(104,549)	(136,231)
Net current assets		64,283	85,313
Total assets less current liabilities		67,345	89,246
Provisions for liabilities		(1,285)	(437)
Net assets		66,060	88,809
Capital and reserves
Called up share capital		100	100
Retained earnings		65,960	88,709
Shareholders' funds		66,060	88,809

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The directors of Satusfaction Post Production Limited have elected not to include a copy of the profit and loss account within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Satusfaction Post Production Limited

Statement of Financial Position as at 31 January 2025

Approved and authorised by the Board on 22 September 2025 and signed on its behalf by:
 

.........................................

S M Lawrence

Director

.........................................

L A A Lloyd

Director

Company registration number: 04647547

Satusfaction Post Production Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

The principal activity of the company is that of the promotion and introduction of specialists to the media industry.

2	Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The company made a profit for the year ended 31 January 2025 and had net assets at that date of £66,060 including cash at bank of £132,072.

On the basis of the above, and after making enquiries, the directors have a reasonable expectation that the company has adequate resource to continue in operational existence for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax, rebates and discounts.

The company recognises revenue when the media services are supplied to the principals.

Satusfaction Post Production Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office Equipment	25% straight line
Fixtures and fittings	25% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Satusfaction Post Production Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Operating leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company during the year, was 6 (2024 - 6).

Satusfaction Post Production Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

4	Tangible assets

	Fixtures and fittings £	Office Equipment £	Total £
Cost or valuation
At 1 February 2024	4,321	25,611	29,932
Additions	900	663	1,563
Disposals	(3,253)	(1,925)	(5,178)
At 31 January 2025	1,968	24,349	26,317
Depreciation
At 1 February 2024	3,527	22,472	25,999
Charge for the year	403	1,629	2,032
Eliminated on disposal	(2,973)	(1,803)	(4,776)
At 31 January 2025	957	22,298	23,255
Carrying amount
At 31 January 2025	1,011	2,051	3,062
At 31 January 2024	794	3,139	3,933

5

Debtors

	2025 £	2024 £
Trade debtors	17,708	24,812
Other debtors	19,052	19,289
	36,760	44,101

Other debtors includes an amount of £Nil (2024: £9,600) recoverable in greater than one year.

Satusfaction Post Production Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Trade creditors	3,179	15,079
Taxation and social security	89,843	108,012
Other creditors	11,527	13,140
	104,549	136,231

7	FINANCIAL COMMITMENTS, GUARANTEES AND CONTINGENCIES

Amounts not provided for in the statement of financial position

The total of financial commitments not included in the statement of financial position is £39,978 (2024: £100,800).

8	Non adjusting events after the financial period

Subsequent to 31 January 2025 dividends amounting to £98,700 were declared and paid.