1 October 2023 false No description of principal activity Taxfiler 2024.5 08680723business:PrivateLimitedCompanyLtd2023-10-012024-07-31 086807232023-09-30 086807232023-10-012024-07-31 08680723business:AuditExempt-NoAccountantsReport2023-10-012024-07-31 08680723business:FilletedAccounts2023-10-012024-07-31 086807232024-07-31 08680723business:Director12023-10-012024-07-31 08680723business:RegisteredOffice2023-10-012024-07-31 086807232023-09-30 08680723core:WithinOneYear2024-07-31 08680723core:WithinOneYear2023-09-30 08680723core:AfterOneYear2024-07-31 08680723core:AfterOneYear2023-09-30 08680723core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 08680723core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 08680723core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 08680723core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 08680723core:PreviouslyStatedAmount2024-07-31 08680723core:PreviouslyStatedAmount2023-09-30 08680723business:SmallEntities2023-10-012024-07-31 08680723countries:EnglandWales2023-10-012024-07-31 08680723core:MotorVehicles2023-09-30 08680723core:FurnitureFittings2023-09-30 08680723core:MotorVehicles2023-10-012024-07-31 08680723core:FurnitureFittings2023-10-012024-07-31 08680723core:MotorVehicles2024-07-31 08680723core:FurnitureFittings2024-07-31 086807232022-10-012023-09-30 iso4217:GBP xbrli:pure
Company Registration No. 08680723 (England and Wales)
SAMAG LIMITED Unaudited accounts for the period from 1 October 2023 to 31 July 2024
SAMAG LIMITED Unaudited accounts Contents
Page
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SAMAG LIMITED Company Information for the period from 1 October 2023 to 31 July 2024
Director
Samuel Agyekum
Company Number
08680723 (England and Wales)
Registered Office
20-22 Wenlock Road London N17 7GU
Accountants
ACEG ASSOCIATES LTD 271 PORTERS AVENUE DAGENHAM ESSEX RM9 4LX
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SAMAG LIMITED Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
1,236 
Current assets
Cash at bank and in hand
1,495 
12,812 
Creditors: amounts falling due within one year
(8,576)
(8,585)
Net current (liabilities)/assets
(7,081)
4,227 
Total assets less current liabilities
(7,081)
5,463 
Creditors: amounts falling due after more than one year
(1,484)
(12,822)
Net liabilities
(8,565)
(7,359)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(8,566)
(7,360)
Shareholders' funds
(8,565)
(7,359)
For the period ending 31 July 2024 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 11 August 2024 and were signed on its behalf by
Samuel Agyekum Director Company Registration No. 08680723
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SAMAG LIMITED Notes to the Accounts for the period from 1 October 2023 to 31 July 2024
1
Statutory information
SAMAG LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08680723. The registered office is 20-22 Wenlock Road, London, N17 7GU.
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 period, 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.
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:
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
7,023 
1,800 
8,823 
Disposals
(7,023)
(1,800)
(8,823)
At 31 July 2024
- 
- 
- 
Depreciation
At 1 October 2023
5,967 
1,620 
7,587 
On disposals
(5,967)
(1,620)
(7,587)
At 31 July 2024
- 
- 
- 
Net book value
At 31 July 2024
- 
- 
- 
At 30 September 2023
1,056 
180 
1,236 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
8,576 
8,585 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,484 
12,822 
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SAMAG LIMITED Notes to the Accounts for the period from 1 October 2023 to 31 July 2024
7
Average number of employees
During the period the average number of employees was 0 (2023: 0).
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