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REGISTERED NUMBER: 04731850 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30th April 2023

for

Sam Forster Limited

Sam Forster Limited (Registered number: 04731850)






Contents of the Financial Statements
for the Year Ended 30th April 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Sam Forster Limited

Company Information
for the Year Ended 30th April 2023







DIRECTOR: S Forster





REGISTERED OFFICE: 272 Regents Park Road
Finchley Central
London
N3 3HN





REGISTERED NUMBER: 04731850 (England and Wales)





ACCOUNTANTS: Spencer Hyde Limited
272 Regents Park Road
London
N3 3HN

Sam Forster Limited (Registered number: 04731850)

Statement of Financial Position
30th April 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,567 2,275
Investments 5 75 75
3,642 2,350

CURRENT ASSETS
Debtors 6 877,435 427,698
Investments 7 - 482,109
Cash at bank 501,837 404,914
1,379,272 1,314,721
CREDITORS
Amounts falling due within one year 8 31,399 10,793
NET CURRENT ASSETS 1,347,873 1,303,928
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,351,515

1,306,278

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,351,415 1,306,178
SHAREHOLDERS' FUNDS 1,351,515 1,306,278

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

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

The director acknowledges his 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.

Sam Forster Limited (Registered number: 04731850)

Statement of Financial Position - continued
30th April 2023


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 8th February 2024 and were signed by:





S Forster - Director


Sam Forster Limited (Registered number: 04731850)

Notes to the Financial Statements
for the Year Ended 30th April 2023

1. STATUTORY INFORMATION

Sam Forster Limited 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - Over the lease term
Plant and machinery etc - 33% on cost and 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Sam Forster Limited (Registered number: 04731850)

Notes to the Financial Statements - continued
for the Year Ended 30th April 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st May 2022 2,445 2,628 5,073
Additions - 2,307 2,307
At 30th April 2023 2,445 4,935 7,380
DEPRECIATION
At 1st May 2022 2,119 679 2,798
Charge for year 163 852 1,015
At 30th April 2023 2,282 1,531 3,813
NET BOOK VALUE
At 30th April 2023 163 3,404 3,567
At 30th April 2022 326 1,949 2,275

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st May 2022
and 30th April 2023 75
NET BOOK VALUE
At 30th April 2023 75
At 30th April 2022 75

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 54 54
Amounts owed by group undertakings 444,276 269,400
Amounts owed by associates 13,847 13,847
Other debtors 419,258 144,397
877,435 427,698

7. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Listed investments - 482,109

Sam Forster Limited (Registered number: 04731850)

Notes to the Financial Statements - continued
for the Year Ended 30th April 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 5,777 4,578
Taxation and social security 20,217 987
Other creditors 5,405 5,228
31,399 10,793

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th April 2023 and 30th April 2022:

2023 2022
£    £   
S Forster
Balance outstanding at start of year 42,528 33,445
Amounts advanced 286,287 64,952
Amounts repaid - (55,869 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 328,815 42,528

The balance was repaid by the director within 9 months of the year end.