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
Tangible assets
18,859
20,897
Debtors
1,050,372
1,242,328
Cash at bank and in hand
270,928
350,708
Creditors: amounts falling due within one year
(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
(213,392)
(342,873)
Net assets
164,922
130,705
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
Satigo Ltd
Notes to the Accounts
for the year ended 31 March 2025
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.
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
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
Satigo Ltd
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Plant & machinery
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
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
129,482
133,689
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
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Creditors: amounts falling due after more than one year
2025
2024
Bank loans
213,392
342,873
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
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Average number of employees
During the year the average number of employees was 8 (2024: 12).