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Company Registration No. 12153508 (England and Wales)
Samzi Ltd Unaudited accounts for the year ended 31 August 2023
Samzi Ltd Unaudited accounts Contents
Page
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Samzi Ltd Company Information for the year ended 31 August 2023
Director
Parag Rabheru
Company Number
12153508 (England and Wales)
Registered Office
Cunningham House Office C203 19-21 Westfield Lane Harrow HA3 9ED England
Accountants
Daniel Consultancy Morritt House 54-60 Station Approach South Ruislip Ruislip HA4 6SA
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Samzi Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
3,358 
6,717 
Tangible assets
169 
337 
3,527 
7,054 
Current assets
Debtors
7,036 
3,197 
Cash at bank and in hand
25,149 
1,004 
32,185 
4,201 
Creditors: amounts falling due within one year
(133,924)
(177,348)
Net current liabilities
(101,739)
(173,147)
Total assets less current liabilities
(98,212)
(166,093)
Creditors: amounts falling due after more than one year
(82,000)
- 
Net liabilities
(180,212)
(166,093)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(180,312)
(166,193)
Shareholders' funds
(180,212)
(166,093)
For the year ending 31 August 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 26 July 2024 and were signed on its behalf by
Parag Rabheru Director Company Registration No. 12153508
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Samzi Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
Samzi Ltd is a private company, limited by shares, registered in England and Wales, registration number 12153508. The registered office is Cunningham House Office C203, 19-21 Westfield Lane, Harrow, HA3 9ED, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
33.33% SL
Fixtures & fittings
20% SL
Computer equipment
33.33% SL
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Samzi Ltd Notes to the Accounts for the year ended 31 August 2023
4
Intangible fixed assets
Other 
£ 
Cost
At 1 September 2022
16,795 
At 31 August 2023
16,795 
Amortisation
At 1 September 2022
10,078 
Charge for the year
3,359 
At 31 August 2023
13,437 
Net book value
At 31 August 2023
3,358 
At 31 August 2022
6,717 
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 September 2022
842 
At 31 August 2023
842 
Depreciation
At 1 September 2022
505 
Charge for the year
168 
At 31 August 2023
673 
Net book value
At 31 August 2023
169 
At 31 August 2022
337 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,774 
2,259 
Accrued income and prepayments
4,262 
938 
7,036 
3,197 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
202 
3,999 
Taxes and social security
1,494 
783 
Other creditors
19,030 
106 
Loans from directors
110,944 
170,420 
Accruals
2,254 
2,040 
133,924 
177,348 
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Samzi Ltd Notes to the Accounts for the year ended 31 August 2023
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Amounts owed to group undertakings and other participating interests
82,000 
- 
9
Transactions with related parties
At the reporting date Care Venture Holdings Ltd owed £82,000 by the company.
10
Average number of employees
During the year the average number of employees was 8 (2022: 2).
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