Company Registration No. 08680723 (England and Wales)
SAMAG LIMITED
Unaudited accounts
for the year ended 30 September 2023
SAMAG LIMITED
Unaudited accounts
Contents
SAMAG LIMITED
Company Information
for the year ended 30 September 2023
Company Number
08680723 (England and Wales)
Registered Office
20-22 Wenlock Road
London
N17 7GU
SAMAG LIMITED
Statement of financial position
as at 30 September 2023
Tangible assets
1,236
2,118
Cash at bank and in hand
12,812
14,989
Creditors: amounts falling due within one year
(8,585)
(8,467)
Net current assets
4,227
6,522
Total assets less current liabilities
5,463
8,640
Creditors: amounts falling due after more than one year
(12,822)
(14,904)
Net liabilities
(7,359)
(6,264)
Called up share capital
1
1
Profit and loss account
(7,360)
(6,265)
Shareholders' funds
(7,359)
(6,264)
For the year ending 30 September 2023 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 11 October 2023 and were signed on its behalf by
Samuel Agyekum
Director
Company Registration No. 08680723
SAMAG LIMITED
Notes to the Accounts
for the year ended 30 September 2023
SAMAG LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08680723. The registered office is 20-22 Wenlock Road, London, N17 7GU.
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:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 October 2022
7,023
1,800
8,823
At 30 September 2023
7,023
1,800
8,823
At 1 October 2022
5,265
1,440
6,705
Charge for the year
702
180
882
At 30 September 2023
5,967
1,620
7,587
At 30 September 2023
1,056
180
1,236
At 30 September 2022
1,758
360
2,118
5
Creditors: amounts falling due within one year
2023
2022
Trade creditors
8,585
8,467
6
Creditors: amounts falling due after more than one year
2023
2022
SAMAG LIMITED
Notes to the Accounts
for the year ended 30 September 2023
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).