Company Registration No. 12153508 (England and Wales)
Samzi Ltd
Unaudited accounts
for the year ended 31 August 2023
Samzi Ltd
Unaudited accounts
Contents
Samzi Ltd
Company Information
for the year ended 31 August 2023
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
Samzi Ltd
Statement of financial position
as at 31 August 2023
Intangible assets
3,358
6,717
Cash at bank and in hand
25,149
1,004
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)
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
Samzi Ltd
Notes to the Accounts
for the year ended 31 August 2023
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.
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.
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 (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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.
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.
Samzi Ltd
Notes to the Accounts
for the year ended 31 August 2023
4
Intangible fixed assets
Other
At 1 September 2022
16,795
At 1 September 2022
10,078
5
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Accrued income and prepayments
4,262
938
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,494
783
Other creditors
19,030
106
Loans from directors
110,944
170,420
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).