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Company Registration No. 08670068 (England and Wales)
Samad Solutions Ltd Unaudited accounts for the year ended 31 August 2023
Samad Solutions Ltd Unaudited accounts Contents
Page
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Samad Solutions Ltd Company Information for the year ended 31 August 2023
Director
Mr Jabir Jokhia
Company Number
08670068 (England and Wales)
Registered Office
Office 14 679 - 691 High Road, Leyton London E10 6RA
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Samad Solutions Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,090 
606 
Current assets
Cash at bank and in hand
7,437 
6,759 
Creditors: amounts falling due within one year
(1,176)
(1,091)
Net current assets
6,261 
5,668 
Net assets
7,351 
6,274 
Capital and reserves
Profit and loss account
7,351 
6,274 
Shareholders' funds
7,351 
6,274 
For the year ending 31 August 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 31 October 2023 and were signed on its behalf by
Mr Jabir Jokhia Director Company Registration No. 08670068
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Samad Solutions Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
Samad Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 08670068. The registered office is Office 14, 679 - 691 High Road, Leyton, London, E10 6RA.
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 remained unchanged from the previous year, and also 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.
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: 33.33%
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 September 2022
4,479 
Additions
668 
At 31 August 2023
5,147 
Depreciation
At 1 September 2022
3,873 
Charge for the year
184 
At 31 August 2023
4,057 
Net book value
At 31 August 2023
1,090 
At 31 August 2022
606 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
139 
329 
Other creditors
730 
730 
Loans from directors
307 
32 
1,176 
1,091 
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Samad Solutions Ltd Notes to the Accounts for the year ended 31 August 2023
6
Average number of employees
During the year the average number of employees was 2 (2022: 3).
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