Registered number
SC549984
Samphire Property Investment Limited
Filleted Accounts
30 November 2023
Samphire Property Investment Limited
Registered number: SC549984
Balance Sheet
as at 30 November 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 391,460 393,048
Current assets
Debtors 4 20,592 17,922
Cash at bank and in hand 59,017 75,851
79,609 93,773
Creditors: amounts falling due within one year 5 (5,294) (5,623)
Net current assets 74,315 88,150
Total assets less current liabilities 465,775 481,198
Creditors: amounts falling due after more than one year 6 (526,879) (542,879)
Net liabilities (61,104) (61,681)
Capital and reserves
Called up share capital 100 100
Profit and loss account (61,204) (61,781)
Shareholders' funds (61,104) (61,681)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
P. Soutar
Director
Approved by the board on 22 August 2024
Samphire Property Investment Limited
Notes to the Accounts
for the year ended 30 November 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 December 2022 384,460 8,588 393,048
At 30 November 2023 384,460 8,588 393,048
Depreciation
Charge for the year - 1,588 1,588
At 30 November 2023 - 1,588 1,588
Net book value
At 30 November 2023 384,460 7,000 391,460
At 30 November 2022 384,460 8,588 393,048
4 Debtors 2023 2022
£ £
Trade debtors 7,324 8,589
Other debtors 13,268 9,333
20,592 17,922
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 2,063 1,949
Accruals 1,750 1,750
Other creditors 1,481 1,924
5,294 5,623
6 Creditors: amounts falling due after one year 2023 2022
£ £
Other creditors 526,879 542,879
7 Other information
Samphire Property Investment Limited is a private company limited by shares and incorporated in Scotland. Its registered office is:
8 Albert Place
Aberdeen
Scotland
AB25 1RG
Samphire Property Investment Limited SC549984 false 2022-12-01 2023-11-30 2023-11-30 VT Final Accounts April 2024 P. Soutar No description of principal activity SC549984 2021-12-01 2022-11-30 SC549984 core:WithinOneYear 2022-11-30 SC549984 core:AfterOneYear 2022-11-30 SC549984 core:ShareCapital 2022-11-30 SC549984 core:RetainedEarningsAccumulatedLosses 2022-11-30 SC549984 2022-12-01 2023-11-30 SC549984 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 SC549984 bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 SC549984 bus:Director40 2022-12-01 2023-11-30 SC549984 core:LandBuildings 2022-12-01 2023-11-30 SC549984 core:PlantMachinery 2022-12-01 2023-11-30 SC549984 countries:England 2022-12-01 2023-11-30 SC549984 bus:FRS102 2022-12-01 2023-11-30 SC549984 bus:FilletedAccounts 2022-12-01 2023-11-30 SC549984 2023-11-30 SC549984 core:WithinOneYear 2023-11-30 SC549984 core:AfterOneYear 2023-11-30 SC549984 core:ShareCapital 2023-11-30 SC549984 core:RetainedEarningsAccumulatedLosses 2023-11-30 SC549984 core:LandBuildings 2023-11-30 SC549984 core:PlantMachinery 2023-11-30 SC549984 2022-11-30 SC549984 core:LandBuildings 2022-11-30 SC549984 core:PlantMachinery 2022-11-30 iso4217:GBP xbrli:pure