IRIS Accounts Production v23.4.0.336 02164608 Board of Directors Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh021646082022-03-31021646082023-03-31021646082022-04-012023-03-31021646082021-03-31021646082021-04-012022-03-31021646082022-03-3102164608ns15:EnglandWales2022-04-012023-03-3102164608ns14:PoundSterling2022-04-012023-03-3102164608ns10:Director12022-04-012023-03-3102164608ns10:Director22022-04-012023-03-3102164608ns10:CompanyLimitedByGuarantee2022-04-012023-03-3102164608ns10:SmallEntities2022-04-012023-03-3102164608ns10:AuditExemptWithAccountantsReport2022-04-012023-03-3102164608ns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3102164608ns10:SmallCompaniesRegimeForAccounts2022-04-012023-03-3102164608ns10:FullAccounts2022-04-012023-03-3102164608ns10:Director32022-04-012023-03-3102164608ns10:RegisteredOffice2022-04-012023-03-3102164608ns5:CurrentFinancialInstruments2023-03-3102164608ns5:CurrentFinancialInstruments2022-03-3102164608ns5:Non-currentFinancialInstruments2023-03-3102164608ns5:Non-currentFinancialInstruments2022-03-3102164608ns5:RevaluationReserve2023-03-3102164608ns5:RevaluationReserve2022-03-3102164608ns5:RetainedEarningsAccumulatedLosses2023-03-3102164608ns5:RetainedEarningsAccumulatedLosses2022-03-3102164608ns5:LandBuildings2022-03-3102164608ns5:LandBuildings2023-03-3102164608ns5:LandBuildings2022-03-3102164608ns5:RevaluationReserve2022-03-31
REGISTERED NUMBER: 02164608 (England and Wales)


















Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Samson House Limited

Samson House Limited (Registered number: 02164608)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

Samson House Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: D H Hamilton
D Harrodine
C W Tant





REGISTERED OFFICE: Samson House
Arterial Road
Laindon
Basildon
Essex
SS15 6DR





REGISTERED NUMBER: 02164608 (England and Wales)





ACCOUNTANTS: Mudd Partners LLP
Chartered Accountants
Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ

Samson House Limited (Registered number: 02164608)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 800,000 800,000

CURRENT ASSETS
Cash at bank 45,174 44,214

CREDITORS
Amounts falling due within one year 5 88,234 98,708
NET CURRENT LIABILITIES (43,060 ) (54,494 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

756,940

745,506

CREDITORS
Amounts falling due after more than one
year

6

(162,860

)

(148,359

)

PROVISIONS FOR LIABILITIES (18,195 ) (18,195 )
NET ASSETS 575,885 578,952

RESERVES
Revaluation reserve 7 525,584 525,584
Income and expenditure account 50,301 53,368
575,885 578,952

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 surplus or deficit 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.

Samson House Limited (Registered number: 02164608)

Balance Sheet - continued
31 March 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 Board of Directors and authorised for issue on 1 March 2024 and were signed on its behalf by:




D Harrodine - Director



D H Hamilton - Director


Samson House Limited (Registered number: 02164608)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Samson House Limited is a private company, limited by guarantee , 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.

Income and expenditure
Income and expenses are included in the financial statements as they become receivable or due.

Expenses include VAT where applicable as the company cannot reclaim it.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 April 2022
and 31 March 2023 800,000
NET BOOK VALUE
At 31 March 2023 800,000
At 31 March 2022 800,000

Samson House Limited (Registered number: 02164608)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS - continued

The freehold property was professionally valued by Kemsleys, Chartered Surveyors on 23rd July 2015.

The directors consider that in the current economic climate, the current open market valuation is in the region of £800,000.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 9,274 33,361
Other creditors 78,960 65,347
88,234 98,708

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans 162,860 148,359

7. RESERVES
Revaluation
reserve
£   
At 1 April 2022
and 31 March 2023 525,584

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Samson House Limited

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 and certain other primary statements and the Report of the Directors are 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 Samson House Limited for the year ended 31 March 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Samson House Limited, 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 Samson House Limited and state those matters that we have agreed to state to the Board of Directors of Samson House Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Samson House Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Samson House Limited 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 loss of Samson House Limited. You consider that Samson House Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Samson House Limited. 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.






Mudd Partners LLP
Chartered Accountants
Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ


1 March 2024