1 September 2022 false No description of principal activity Taxfiler 2024.5 SC605170business:PrivateLimitedCompanyLtd2022-09-012023-08-31 SC6051702022-08-31 SC6051702022-09-012023-08-31 SC605170business:AuditExemptWithAccountantsReport2022-09-012023-08-31 SC605170business:FilletedAccounts2022-09-012023-08-31 SC6051702023-08-31 SC605170business:Director12022-09-012023-08-31 SC605170business:Director22022-09-012023-08-31 SC605170business:RegisteredOffice2022-09-012023-08-31 SC6051702022-08-31 SC605170core:WithinOneYear2023-08-31 SC605170core:WithinOneYear2022-08-31 SC605170core:AfterOneYear2023-08-31 SC605170core:AfterOneYear2022-08-31 SC605170core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 SC605170core:ShareCapitalcore:PreviouslyStatedAmount2022-08-31 SC605170core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 SC605170core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 SC605170core:PreviouslyStatedAmount2023-08-31 SC605170core:PreviouslyStatedAmount2022-08-31 SC605170business:SmallEntities2022-09-012023-08-31 SC605170countries:Scotland2022-09-012023-08-31 SC605170core:LandBuildings2022-09-012023-08-31 SC605170core:FurnitureFittings2022-09-012023-08-31 SC605170core:ComputerEquipment2022-09-012023-08-31 SC605170core:LandBuildings2022-08-31 SC605170core:PlantMachinery2022-08-31 SC605170core:FurnitureFittings2022-08-31 SC605170core:ComputerEquipment2022-08-31 SC605170core:PlantMachinery2022-09-012023-08-31 SC605170core:LandBuildings2023-08-31 SC605170core:PlantMachinery2023-08-31 SC605170core:FurnitureFittings2023-08-31 SC605170core:ComputerEquipment2023-08-31 SC605170core:WithinOneYear2022-09-012023-08-31 SC6051702021-09-012022-08-31 iso4217:GBP xbrli:pure
Company Registration No. SC605170 (Scotland)
SAMSAN LTD Unaudited Accounts for the year ended 31 August 2023
SAMSAN LTD Unaudited Accounts Contents
Page
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SAMSAN LTD Company Information for the year ended 31 August 2023
Directors
Sahand Amdjadi Lesley Pui-Ling Tang
Company Number
SC605170 (Scotland)
Registered Office
116 ELDERSLIE STREET GLASGOW G3 7AW SCOTLAND
Accountants
Avid Accountants Ltd 21 Blythswood Square Glasgow G2 4BL
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Accountants' report to the board of directors on the preparation of the unaudited statutory statements of SAMSAN LTD (The Company) for the year ended 31 August 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 31 August 2023 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to the board of directors of the company, as a body, in accordance with the terms of our letter of engagement dated . Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to the board of directors of the company as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its board of directors as a body for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the requirement to have a statutory audit for the year ended 31 August 2023.
We have not been instructed to carry out any assurance service on the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Avid Accountants Ltd Financial Accountants 21 Blythswood Square Glasgow G2 4BL 28 August 2024
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SAMSAN LTD Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
253,197 
265,534 
Current assets
Inventories
7,613 
7,613 
Debtors
- 
931 
Cash at bank and in hand
72,500 
67,240 
80,113 
75,784 
Creditors: amounts falling due within one year
(19,867)
(335,644)
Net current assets/(liabilities)
60,246 
(259,860)
Total assets less current liabilities
313,443 
5,674 
Creditors: amounts falling due after more than one year
(349,898)
(43,107)
Net liabilities
(36,455)
(37,433)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(36,555)
(37,533)
Shareholders' funds
(36,455)
(37,433)
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 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 August 2024 and were signed on its behalf by
Sahand Amdjadi Director Company Registration No. SC605170
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SAMSAN LTD Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
SAMSAN LTD is a private company, limited by shares, registered in Scotland, registration number SC605170. The registered office is 116 ELDERSLIE STREET, GLASGOW, G3 7AW, SCOTLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
0%
Fixtures & fittings
15%
Computer equipment
25%
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 September 2022
105,910 
18,261 
178,382 
16,181 
318,734 
Additions
- 
1,738 
8,887 
5,081 
15,706 
At 31 August 2023
105,910 
19,999 
187,269 
21,262 
334,440 
Depreciation
At 1 September 2022
- 
7,304 
38,670 
7,226 
53,200 
Charge for the year
- 
4,000 
18,727 
5,316 
28,043 
At 31 August 2023
- 
11,304 
57,397 
12,542 
81,243 
Net book value
At 31 August 2023
105,910 
8,695 
129,872 
8,720 
253,197 
At 31 August 2022
105,910 
10,957 
139,712 
8,955 
265,534 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
931 
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SAMSAN LTD Notes to the Accounts for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,101 
- 
Taxes and social security
2,740 
- 
Other creditors
16,026 
28,853 
Loans from directors
- 
306,791 
19,867 
335,644 
Loans from Directors are from Sahand Amdjadi (£180,497.00) and Lesley Tang (£126,294.00).
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
43,107 
43,107 
Loans from directors
306,791 
- 
349,898 
43,107 
8
Average number of employees
During the year the average number of employees was 7 (2022: 5).
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