REGISTERED NUMBER: 04474717 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2025

for

SATURN DISTRIBUTION SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P G Barrand

Mr S P Barrand

Ms K McPherson

REGISTERED OFFICE:

Unit 1 Shaw Cross Court

Shaw Cross Business Park

Dewsbury

West Yorkshire

WF12 7RF

REGISTERED NUMBER:

04474717 (England and Wales)

ACCOUNTANTS:

Harrison Blakeley Accountancy Limited

21 Church Street

Horbury

Wakefield

West Yorkshire

WF4 6LT

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

107,889

86,025

107,889

86,025

CURRENT ASSETS

Debtors

6

166,244

150,843

Cash at bank and in hand

1,194,135

1,248,003

1,360,379

1,398,846

CREDITORS

Amounts falling due within one year

7

118,389

119,813

NET CURRENT ASSETS

1,241,990

1,279,033

TOTAL ASSETS LESS CURRENT LIABILITIES

1,349,879

1,365,058

PROVISIONS FOR LIABILITIES

21,114

16,345

NET ASSETS

1,328,765

1,348,713

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,328,665

1,348,613

SHAREHOLDERS' FUNDS

1,328,765

1,348,713

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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 31st July 2025 and were signed on its behalf by:

Mr S P Barrand - Director

Ms K McPherson - Director

1.	STATUTORY INFORMATION

Saturn Distribution Services Limited 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

25% on reducing balance and 15% on reducing balance

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 8 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

and 31st March 2025

9,000

AMORTISATION

At 1st April 2024

and 31st March 2025

9,000

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

176,101

Additions

60,160

Disposals

(19,152

)

At 31st March 2025

217,109

DEPRECIATION

At 1st April 2024

90,076

Charge for year

35,739

Eliminated on disposal

(16,595

)

At 31st March 2025

109,220

NET BOOK VALUE

At 31st March 2025

107,889

At 31st March 2024

86,025

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

142,409

125,709

Other debtors

23,835

25,134

166,244

150,843

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

24,973

28,750

Taxation and social security

21,952

19,953

Other creditors

71,464

71,110

118,389

119,813

8.	OTHER FINANCIAL COMMITMENTS

The Company is committed to pay rent and service charges to June 2027 totalling £46,017 (2024:£66,469).

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £80,000 (2024 - £80,000) were paid to the directors .

Included in Creditors at the Balance Sheet date there are Directors Loan account balances for Mr SP Barrand and Ms K McPherson of £34,396 and £34,396 respectively (2024: £34,396 and £34,396).