1 August 2022 false No description of principal activity Taxfiler 2024.5 10880732business:PrivateLimitedCompanyLtd2022-08-012023-07-31 108807322022-07-31 108807322022-08-012023-07-31 10880732business:AuditExempt-NoAccountantsReport2022-08-012023-07-31 10880732business:AbridgedAccounts2022-08-012023-07-31 108807322023-07-31 10880732business:Director12022-08-012023-07-31 10880732business:RegisteredOffice2022-08-012023-07-31 108807322022-07-31 10880732core:WithinOneYear2023-07-31 10880732core:WithinOneYear2022-07-31 10880732core:AfterOneYear2023-07-31 10880732core:AfterOneYear2022-07-31 10880732core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 10880732core:ShareCapitalcore:PreviouslyStatedAmount2022-07-31 10880732core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 10880732core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-07-31 10880732core:PreviouslyStatedAmount2023-07-31 10880732core:PreviouslyStatedAmount2022-07-31 10880732business:SmallEntities2022-08-012023-07-31 10880732countries:EnglandWales2022-08-012023-07-31 108807322021-08-012022-07-31 iso4217:GBP xbrli:pure
Company Registration No. 10880732 (England and Wales)
SAM&ESTATES LTD Unaudited accounts for the year ended 31 July 2023
SAM&ESTATES LTD Unaudited accounts Contents
Page
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SAM&ESTATES LTD Company Information for the year ended 31 July 2023
Director
Mr Joel STERN
Company Number
10880732 (England and Wales)
Registered Office
124 CRAVEN PARK ROAD LONDON N15 6AB ENGLAND
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SAM&ESTATES LTD Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
1,490,000 
112,623 
Current assets
Debtors
176,987 
145,987 
Cash at bank and in hand
18,444 
21,738 
195,431 
167,725 
Creditors: amounts falling due within one year
(1,135,122)
(462,819)
Net current liabilities
(939,691)
(295,094)
Total assets less current liabilities
550,309 
(182,471)
Creditors: amounts falling due after more than one year
(705,555)
- 
Net liabilities
(155,246)
(182,471)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(155,247)
(182,472)
Shareholders' funds
(155,246)
(182,471)
For the year ending 31 July 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 July 2024 and were signed on its behalf by
Mr Joel STERN Director Company Registration No. 10880732
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SAM&ESTATES LTD Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
SAM&ESTATES LTD is a private company, limited by shares, registered in England and Wales, registration number 10880732. The registered office is 124 CRAVEN PARK ROAD, LONDON, N15 6AB, 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.
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.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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