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Company Registration No. 15609821 (England and Wales)
S (Satnam) Motors Limited Unaudited accounts for the period from 2 April 2024 to 30 April 2025
S (Satnam) Motors Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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S (Satnam) Motors Limited Company Information for the period from 2 April 2024 to 30 April 2025
Director
Satnam Singh
Company Number
15609821 (England and Wales)
Registered Office
9 Roding Avenue Woodford Green IG8 8HZ United Kingdom
Accountants
Anthony Daniel Associates Ltd 10 Julian Place London E14 3AT
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S (Satnam) Motors Limited Statement of financial position as at 30 April 2025
2025
Notes
£
Called up share capital not paid
1
Fixed assets
Tangible assets
4
5,244
Current assets
Inventories
29,800
Creditors: amounts falling due within one year
5
(17,265)
Net current assets
12,535
Total assets less current liabilities
17,780
Creditors: amounts falling due after more than one year
6
(16,250)
Net assets
1,530
Capital and reserves
Called up share capital
1
Profit and loss account
1,529
Shareholders' funds
1,530
For the period ending 30 April 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 director acknowledges his 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 and authorised for issue on 7 January 2026 and were signed on its behalf by
Satnam Singh Director Company Registration No. 15609821
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S (Satnam) Motors Limited Notes to the Accounts for the period from 2 April 2024 to 30 April 2025
1
Statutory information
S (Satnam) Motors Limited is a private company, limited by shares, registered in England and Wales, registration number 15609821. The registered office is 9 Roding Avenue, Woodford Green, IG8 8HZ, United Kingdom.
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 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
Plant & machinery
20% on cost
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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S (Satnam) Motors Limited Notes to the Accounts for the period from 2 April 2024 to 30 April 2025
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 2 April 2024
-
Additions
6,555
At 30 April 2025
6,555
Depreciation
Charge for the period
1,311
At 30 April 2025
1,311
Net book value
At 30 April 2025
5,244
5
Creditors: amounts falling due within one year
2025
£
Bank loans and overdrafts
5,000
Taxes and social security
1,943
Loans from directors
9,748
Accruals
574
17,265
6
Creditors: amounts falling due after more than one year
2025
£
Bank loans
16,250
7
Average number of employees
During the period the average number of employees was 1.
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