Company Registration No. 12424424 (England and Wales)
SAMA MEDICAL SERVICES LIMITED
Unaudited accounts
for the year ended 31 January 2024
SAMA MEDICAL SERVICES LIMITED
Unaudited accounts
Contents
SAMA MEDICAL SERVICES LIMITED
Company Information
for the year ended 31 January 2024
Directors
Arun Kumar Nayyar
Sanjay Kumar Gupta
Mahdi Ismail
Company Number
12424424 (England and Wales)
Registered Office
134A HUMBERSTON AVENUE
HUMBERSTON
GRIMSBY
DN36 4SY
ENGLAND
Accountants
Taj - Accountants and Business Consultants Ltd
101 Brigsley Road
Waltham
Grimsby
United Kingdom
DN37 0LB
SAMA MEDICAL SERVICES LIMITED
Statement of financial position
as at 31 January 2024
Investments
1,410,000
200,000
Cash at bank and in hand
122,880
191,678
Creditors: amounts falling due within one year
(26,233)
(57,901)
Net current assets
131,287
133,777
Total assets less current liabilities
1,541,287
334,494
Creditors: amounts falling due after more than one year
(1,140,000)
-
Net assets
401,287
334,494
Called up share capital
300
300
Profit and loss account
400,987
334,194
Shareholders' funds
401,287
334,494
For the year ending 31 January 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 28 July 2024 and were signed on its behalf by
Mahdi Ismail
Director
Company Registration No. 12424424
SAMA MEDICAL SERVICES LIMITED
Notes to the Accounts
for the year ended 31 January 2024
SAMA MEDICAL SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12424424. The registered office is 134A HUMBERSTON AVENUE, HUMBERSTON, GRIMSBY, DN36 4SY, 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.
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
25% straight line
Investments in shares are included at fair value.
4
Tangible fixed assets
Plant & machinery
SAMA MEDICAL SERVICES LIMITED
Notes to the Accounts
for the year ended 31 January 2024
5
Investments
Subsidiary undertakings
Other investments
Total
Valuation at 1 February 2023
-
200,000
200,000
Additions
1,410,000
-
1,410,000
Disposals
-
(200,000)
(200,000)
Valuation at 31 January 2024
1,410,000
-
1,410,000
1.During the year Sama Medical Services Limited, sold the investment in Offshore Bond for the sum of £192,380.
2. During the year Sama Medical Medical Services Limited acquired 70% of the share of Birmingham Chemist Limited , a company registered in the UK for the sum of £1,410,000.
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
7,579
10,965
Taxes and social security
18,654
46,936
8
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
1,140,000
-
9
Transactions with related parties
Dr A Nayyar is a director and shareholder in AR Heath and Innovation Limited. At the year end the balance owing to this company was £490,000.
Dr S Gupta is a director and shareholder in SSA Medical Services Ltd. At the year end the balance owing to this company was £490,000.
Dr M Ismail is director and shareholder in Z & Z Medical Ltd. At the year end the balance owing to this company was £100,000,
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Average number of employees
During the year the average number of employees was 3 (2023: 3).