Satus Capital Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: SC668320 (Scotland)

SATUS CAPITAL LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 AUGUST 2022 TO 30 JUNE 2023

Page

Balance Sheet

1

Chartered Certified Accountants' Report

3

FIXED ASSETS

1,767,015

1,872,055

CURRENT ASSETS

1,844

2,656

CREDITORS

Amounts falling due within one year

(723,000

)

(1,128,825

)

NET CURRENT LIABILITIES

(721,156

)

(1,126,169

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,045,859

745,886

ACCRUALS AND DEFERRED INCOME

1,920

900

NET ASSETS

1,043,939

744,986

CAPITAL AND RESERVES

1,043,939

744,986

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Satus Capital Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number:

SC668320

Registered office:

200 Bath Street

2nd Floor

Glasgow

G2 4HG

The presentation currency of the financial statements is the Pound Sterling (£).

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the period was 2 (2022 - 2 ) .

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 30 June 2023 and the year ended 31 July 2022:

2023

2022

£

£

D V Chandan

Balance outstanding at start of period

-

60

Amounts repaid

-

(60

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

-

-

A S Parpia

Balance outstanding at start of period

-

60

Amounts repaid

-

(60

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

-

-

The loans were interest free and repayable on demand.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 12 January 2024 and were signed on its behalf by:

D V Chandan - Director

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement is not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Satus Capital Ltd for the period ended 30 June 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Satus Capital Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Satus Capital Ltd and state those matters that we have agreed to state to the Board of Directors of Satus Capital Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Satus Capital Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Satus Capital Ltd. You consider that Satus Capital Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Satus Capital Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

JCWallace & Co

Chartered Certified Accountants

1875 Great Western Road

Glasgow

G13 2YD

12 January 2024