REGISTERED NUMBER: 08751605 (England and Wales)

Financial Statements for the Year Ended 31 August 2025

for

SATTO Solutions Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D F Hammond

REGISTERED OFFICE:

Aerospace Logistics Centre

Unit 2B

Dunhams Lane

Letchworth Garden City

Hertfordshire

SG6 1BE

REGISTERED NUMBER:

08751605 (England and Wales)

AUDITORS:

Godfrey Laws Audit Limited

65 Knowl Piece

Wilbury Way

Hitchin

Hertfordshire

SG4 0TY

FIXED ASSETS

Tangible assets

4

5,079

6,250

Investments

5

30

30

5,109

6,280

CURRENT ASSETS

Stocks

211,406

174,577

Debtors

6

341,635

261,743

Cash at bank

26,818

79,323

579,859

515,643

CREDITORS

Amounts falling due within one year

7

313,353

300,292

NET CURRENT ASSETS

266,506

215,351

TOTAL ASSETS LESS CURRENT LIABILITIES

271,615

221,631

PROVISIONS FOR LIABILITIES

1,270

1,563

NET ASSETS

270,345

220,068

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

270,245

219,968

SHAREHOLDERS' FUNDS

270,345

220,068

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 director and authorised for issue on 26 May 2026 and were signed by:

D F Hammond - Director

1.	STATUTORY INFORMATION

SATTO Solutions Ltd 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover consists of the marketing and distribution of a rapid repair system for aircraft cabin.

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

-

20% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 September 2024

14,065

2,166

16,231

Additions

-

2,023

2,023

At 31 August 2025

14,065

4,189

18,254

DEPRECIATION

At 1 September 2024

7,815

2,166

9,981

Charge for year

2,801

393

3,194

At 31 August 2025

10,616

2,559

13,175

NET BOOK VALUE

At 31 August 2025

3,449

1,630

5,079

At 31 August 2024

6,250

-

6,250

5.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1 September 2024

and 31 August 2025

30

NET BOOK VALUE

At 31 August 2025

30

At 31 August 2024

30

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

281,278

195,855

Amounts owed by associates

37,399

37,399

Other debtors

22,958

28,489

341,635

261,743

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade creditors

81,901

23,352

Amounts owed to group undertakings

212,331

223,814

Amounts owed to associates

30

30

Taxation and social security

4,006

38,438

Other creditors

15,085

14,658

313,353

300,292

8.	SECURED DEBTS

Securities include:

Fixed and floating charge created in favour of LLoyds Bank to cover all property or undertaking of the company. The charge includes a negative pledge.

Fixed and floating charge created in favour of Aldermore Bank PLC to cover all property or undertaking of the company. The charge was satisfied after the year end.

The company has an omnibus guarantee and set off agreement with it's fellow group companies:

Cabinair Services Ltd

HSM Aero Ltd

Specialist Aviation Holding Ltd

Specialist Aviation Ltd

Specialist Aviation Properties Ltd

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Howard Ashmore FCA (Senior Statutory Auditor)

for and on behalf of Godfrey Laws Audit Limited

10.	RELATED PARTY DISCLOSURES

At the balance sheet date, the following amounts are due to/(from) companies under common control:

31.8.25

31.8.24

£

£

Specialist Aviation Holdings Limited

207,544

155,883

Cabinair Services Limited

4,787

4,787

HSM Aero Limited

-

63,144

During the year, the company traded with the following associated companies:

31.8.25

31.8.24

SATTO Repair Centre USA C Corp

£

£

Amounts due from associated company

37,339

37,339

Trade debtors

129,235

117,745

Mix 14 Limited

Amounts due to associated company

30

30

Trade creditors

9,000

840

The controlling party is D F Hammond.

11.	ULTIMATE PARENT COMPANY

During the year, the ultimate parent company and controlling party was Specialist Aviation Holdings Limited.

Subsequent to the year end, the ultimate parent company was changed to DH Holdings Limited.

The registered office of the ultimate parent company is:

Aerospace Logistics Centre

Fifth Avenue

Letchworth Garden City

Herts

SG6 2TS

The ultimate parent company is incorporated in England and Wales.