Company Registration No. 10376615 (England and Wales)
SAMS MARKETING UK LTD
accounts
for the year ended 30 September 2023
SAMS MARKETING UK LTD
accounts
Contents
SAMS MARKETING UK LTD
Statement of financial position
as at 30 September 2023
Tangible assets
125,420
49,016
Cash at bank and in hand
42,489
13,987
Creditors: amounts falling due within one year
(380,068)
(339,866)
Net current assets
316,415
292,370
Total assets less current liabilities
441,835
341,386
Creditors: amounts falling due after more than one year
(116,152)
(65,378)
Net assets
325,683
276,008
Called up share capital
1
1
Profit and loss account
325,682
276,007
Shareholders' funds
325,683
276,008
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 7 March 2024 and were signed on its behalf by
Najamuddin Zia
Director
Company Registration No. 10376615
SAMS MARKETING UK LTD
Notes to the Accounts
for the year ended 30 September 2023
SAMS MARKETING UK LTD is a private company, limited by shares, registered in England and Wales, registration number 10376615. The registered office is 8 NEVILLE ROAD, ILFORD, IG6 2LN, ENGLAND.
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:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2022
10,479
53,850
17,709
82,038
Additions
-
88,736
2,944
91,680
At 30 September 2023
10,479
142,586
20,653
173,718
At 1 October 2022
3,093
19,524
10,405
33,022
Charge for the year
321
11,391
3,564
15,276
At 30 September 2023
3,414
30,915
13,969
48,298
At 30 September 2023
7,065
111,671
6,684
125,420
At 30 September 2022
7,386
34,326
7,304
49,016
SAMS MARKETING UK LTD
Notes to the Accounts
for the year ended 30 September 2023
Amounts falling due within one year
Trade debtors
321,274
295,578
Accrued income and prepayments
(1,769)
(1,769)
Other debtors
288,853
278,056
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
297,959
264,698
Taxes and social security
29,103
19,920
Other creditors
34,653
44,376
Loans from directors
18,353
10,872
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
97,334
27,921
8
Average number of employees
During the year the average number of employees was 7 (2022: 4).