1 false false false false false false false false false false true false false false false false false No description of principal activity 2022-12-01 Sage Accounts Production Advanced 2023 - FRS102_2023 2,524 2,187 84 2,271 253 337 xbrli:pure xbrli:shares iso4217:GBP 09257986 2022-12-01 2023-11-30 09257986 2023-11-30 09257986 2022-11-30 09257986 2021-12-01 2022-11-30 09257986 2022-11-30 09257986 2021-11-30 09257986 core:PlantMachinery 2022-12-01 2023-11-30 09257986 bus:OrdinaryShareClass1 2022-12-01 2023-11-30 09257986 bus:Director1 2022-12-01 2023-11-30 09257986 core:PlantMachinery 2022-11-30 09257986 core:PlantMachinery 2023-11-30 09257986 core:WithinOneYear 2023-11-30 09257986 core:WithinOneYear 2022-11-30 09257986 core:ShareCapital 2023-11-30 09257986 core:ShareCapital 2022-11-30 09257986 core:RetainedEarningsAccumulatedLosses 2023-11-30 09257986 core:RetainedEarningsAccumulatedLosses 2022-11-30 09257986 core:PlantMachinery 2022-11-30 09257986 bus:Director1 2022-11-30 09257986 bus:Director1 2023-11-30 09257986 bus:Director1 2021-11-30 09257986 bus:Director1 2022-11-30 09257986 bus:Director1 2021-12-01 2022-11-30 09257986 bus:SmallEntities 2022-12-01 2023-11-30 09257986 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 09257986 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09257986 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09257986 bus:FullAccounts 2022-12-01 2023-11-30 09257986 bus:OrdinaryShareClass1 2023-11-30 09257986 bus:OrdinaryShareClass1 2022-11-30
COMPANY REGISTRATION NUMBER: 09257986
Samaya UK Limited
Filleted Unaudited Financial Statements
For the year ended
30 November 2023
Samaya UK Limited
Financial Statements
Year ended 30 November 2023
Contents
Pages
Statement of financial position
1 to 2
Notes to the financial statements
3 to 6
Samaya UK Limited
Statement of Financial Position
30 November 2023
2023
2022
Note
£
£
£
Fixed assets
Tangible assets
5
253
337
Current assets
Stocks
7,960
46,649
Debtors
6
144,137
186,366
Cash at bank and in hand
23,124
76,857
---------
---------
175,221
309,872
Creditors: amounts falling due within one year
7
23,865
108,917
---------
---------
Net current assets
151,356
200,955
---------
---------
Total assets less current liabilities
151,609
201,292
---------
---------
Net assets
151,609
201,292
---------
---------
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
151,509
201,192
---------
---------
Shareholder funds
151,609
201,292
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Samaya UK Limited
Statement of Financial Position (continued)
30 November 2023
These financial statements were approved by the board of directors and authorised for issue on 29 August 2024 , and are signed on behalf of the board by:
Ms S Rodrigues
Director
Company registration number: 09257986
Samaya UK Limited
Notes to the Financial Statements
Year ended 30 November 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Maple Grove Business Centre, Lawrence Road, Hounslow, Middlesex, TW4 6DR, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in UK sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest UK pound.
Trade receivables
Trade receivable do not carry any interest and are stated at their original invoice value as reduced by appropriate allowances for estimated irrecoverable amounts.
Trade payables
Trade payables do not carry any interest and are stated at their original invoice value.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income. In this case, tax is recognised in other comprehensive income. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant & Machinery
-
25% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2022: 1 ).
5. Tangible assets
Plant and machinery
Total
£
£
Cost
At 1 December 2022 and 30 November 2023
2,524
2,524
-------
-------
Depreciation
At 1 December 2022
2,187
2,187
Charge for the year
84
84
-------
-------
At 30 November 2023
2,271
2,271
-------
-------
Carrying amount
At 30 November 2023
253
253
-------
-------
At 30 November 2022
337
337
-------
-------
6. Debtors
2023
2022
£
£
Trade debtors
115,017
Other debtors
144,137
71,349
---------
---------
144,137
186,366
---------
---------
7. Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
7,039
63,763
Social security and other taxes
14,061
42,239
Other creditors
2,765
2,915
--------
---------
23,865
108,917
--------
---------
8. Called up share capital
Issued, called up and fully paid
2023
2022
No.
£
No.
£
Ordinary shares of £ 1 each
100
100
100
100
----
----
----
----
9. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2023
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Ms S Rodrigues
50,809
71,914
122,723
--------
--------
----
---------
2022
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Ms S Rodrigues
90,405
32,673
( 72,269)
50,809
--------
--------
--------
--------
An amount of £1,860 (2022 - £1,548) based on the official rate of interest on beneficial loan of 2% & 2.25% (2022 - 2%) was charged on the loan to the director.
10. Related party transactions
The company entered into the following related party transactions during the year:
Nature of Relationship Transaction Type 2023 2022
£ £
Director and shareholder Balance due to/(from) (122,723) (50,809)
An amount of £1,860 (2022 - £1,548) based on the official rate of interest on beneficial loan of 2% & 2.25% (2022 - 2%) was charged on the loan to the director.