Satash Community Care Project Ltd

Company Registration Number

05370263

Filleted Accounts

31 March 2025

Satash Community Care Project Ltd
Registered number:		05370263
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		1,869,911			1,860,889

Current assets
Debtors	4	-			36,025
Cash at bank and in hand		135,029			255,966
		135,029			291,991

Creditors: amounts falling due within one year	5	(82,594)			(165,765)

Net current assets			52,435			126,226

Total assets less current liabilities			1,922,346			1,987,115

Creditors: amounts falling due after more than one year	6		(655,841)			(683,200)



Net assets			1,266,505			1,303,915

Capital and reserves
Called up share capital			4			4
Profit and loss account			1,266,501			1,303,911

Shareholders' funds			1,266,505			1,303,915

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr V R Loganathan
Director
Approved by the board on 15 December 2025

Satash Community Care Project Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:

	Freehold buildings			Nil
	Plant and machinery			25% per annum reducing balance
	Fixtures, fittings, tools and equipment			25% per annum reducing balance

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					56		61


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	1,787,836		56,573		128,034		1,972,443
	Additions	-		-		34,466		34,466
	At 31 March 2025	1,787,836		56,573		162,500		2,006,909

	Depreciation
	At 1 April 2024	-		54,059		57,495		111,554
	Charge for the year	-		629		24,815		25,444
	At 31 March 2025	-		54,688		82,310		136,998

	Net book value
	At 31 March 2025	1,787,836		1,885		80,190		1,869,911
	At 31 March 2024	1,787,836		2,514		70,539		1,860,889


4	Debtors					2025		2024
£							£

	Other debtors					-		36,025


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					-		5,497
	Taxation and social security costs					73,508		150,868
	Accruals - Accountancy					4,560		5,352
	Other creditors					4,526		4,048
						82,594		165,765


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					560,450		607,152
	Other creditors					95,391		76,048
						655,841		683,200


7	Loans					2025		2024
£							£
	Creditors include:

	Secured bank loans					560,450		607,152

	The bank loans are secured against the properties of the company


8	Other information

	Satash Community Care Project Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	25 Balham High Road
	LONDON
	SW12 9AL