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Company Registration No. 07456787 (England and Wales)
Satigo Ltd Unaudited accounts for the year ended 31 March 2025
Satigo Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
-
584
Tangible assets
5
18,859
20,897
18,859
21,481
Current assets
Debtors
6
1,050,372
1,242,328
Cash at bank and in hand
270,928
350,708
1,321,300
1,593,036
Creditors: amounts falling due within one year
7
(961,845)
(1,140,939)
Net current assets
359,455
452,097
Total assets less current liabilities
378,314
473,578
Creditors: amounts falling due after more than one year
8
(213,392)
(342,873)
Net assets
164,922
130,705
Capital and reserves
Called up share capital
100
100
Profit and loss account
164,822
130,605
Shareholders' funds
164,922
130,705
For the year ending 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 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 17 October 2025 and were signed on its behalf by
Mr N Dar Director Company Registration No. 07456787
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Satigo Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Satigo Ltd is a private company, limited by shares, registered in England and Wales, registration number 07456787. The registered office is 20 Wenlock Road, London, N1 7GU, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
20% reducing balance
Computer equipment
20% reducing balance
Intangible fixed assets other than goodwill
Intangible fixed assets ( other than purchased goodwill and patents) are included at cost less accumulated amortisation over its useful economic life.
4
Intangible fixed assets
Other
£
Cost
At 1 April 2024
12,963
At 31 March 2025
12,963
Amortisation
At 1 April 2024
12,379
Charge for the year
584
At 31 March 2025
12,963
Net book value
At 31 March 2025
-
At 31 March 2024
584
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Satigo Ltd Notes to the Accounts for the year ended 31 March 2025
5
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 April 2024
103,506
Additions
3,760
At 31 March 2025
107,266
Depreciation
At 1 April 2024
82,609
Charge for the year
5,798
At 31 March 2025
88,407
Net book value
At 31 March 2025
18,859
At 31 March 2024
20,897
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
120,547
425,222
Amounts due from group undertakings etc.
229,889
25,857
Accrued income and prepayments
646,744
641,808
Other debtors
53,192
149,441
1,050,372
1,242,328
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
129,482
133,689
VAT
120,394
46,043
Trade creditors
619,318
711,824
Amounts owed to group undertakings and other participating interests
-
1,071
Taxes and social security
23,368
70,589
Other creditors
18,322
1,754
Accruals
50,961
91,969
Deferred income
-
84,000
961,845
1,140,939
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
213,392
342,873
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Satigo Ltd Notes to the Accounts for the year ended 31 March 2025
9
Operating lease commitments
2025
2024
£
£
At 31 March 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
23,387
105,419
10
Average number of employees
During the year the average number of employees was 8 (2024: 12).
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