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REGISTERED NUMBER: 03712445 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

SAMMAT INVESTMENTS LTD.

SAMMAT INVESTMENTS LTD. (REGISTERED NUMBER: 03712445)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SAMMAT INVESTMENTS LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: R P Green
C C Green





SECRETARY: C C Green





REGISTERED OFFICE: Room 73
Wrest House, Wrest Park
Silsoe
Bedfordshire
MK45 4HR





REGISTERED NUMBER: 03712445 (England and Wales)





ACCOUNTANTS: MDG Business Associates Limited
Room 73
Wrest House
Wrest Park
Silsoe
Bedfordshire
MK45 4HR

SAMMAT INVESTMENTS LTD. (REGISTERED NUMBER: 03712445)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 1,084,331 677,312
1,084,331 677,312

CURRENT ASSETS
Cash at bank 492 10,510

CREDITORS
Amounts falling due within one year 6 365,443 339,107
NET CURRENT LIABILITIES (364,951 ) (328,597 )
TOTAL ASSETS LESS CURRENT LIABILITIES 719,380 348,715

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 719,280 348,615
719,380 348,715

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 profit or loss 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.

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 9 August 2024 and were signed on its behalf by:





R P Green - Director


SAMMAT INVESTMENTS LTD. (REGISTERED NUMBER: 03712445)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Sammat Investments Ltd. is a private company, limited by shares , 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Investment property
Investment property is shown at most recent valuation in the opinion of the directors. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
Cost
At 1 April 2023
and 31 March 2024 67,294 2,998 70,292
Depreciation
At 1 April 2023
and 31 March 2024 67,294 2,998 70,292
Net book value
At 31 March 2024 - - -
At 31 March 2023 - - -

SAMMAT INVESTMENTS LTD. (REGISTERED NUMBER: 03712445)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

5. INVESTMENT PROPERTY
Total
£   
Fair value
At 1 April 2023 677,312
Additions 10,817
Revaluations 396,202
At 31 March 2024 1,084,331
Net book value
At 31 March 2024 1,084,331
At 31 March 2023 677,312

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2023 677,312
Valuation in 2024 407,019
1,084,331

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Directors' loan account 362,259 336,107
Accruals and deferred income 3,184 3,000
365,443 339,107

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal Value: 31.03.22 31.03.21

53 A Ordinary £1 53 53
12 B Ordinary £1 12 12
12 C Ordinary £1 12 12
23 D Ordinary £1 23 23
100 100

All Ordinary share classes rank pari-passu in all respects.

8. RELATED PARTY DISCLOSURES

Included within creditors is an amount of £362,259 (2023: £336,107) due to R P Green, director. No interest has been charged on this balance during the year (2023: £Nil) and there are no set repayment terms.