2023-01-01 2023-12-31 false No description of principal activity Capium Accounts Production 1.1 13900156 bus:FullAccounts 2023-01-01 2023-12-31 13900156 bus:FRS102 2023-01-01 2023-12-31 13900156 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 13900156 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13900156 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13900156 2023-01-01 2023-12-31 13900156 2023-12-31 13900156 bus:RegisteredOffice 2023-01-01 2023-12-31 13900156 core:WithinOneYear 2023-12-31 13900156 core:AfterOneYear 2023-12-31 13900156 bus:Director1 2023-01-01 2023-12-31 13900156 bus:Director1 2023-12-31 13900156 bus:Director1 2022-02-08 2022-12-31 13900156 bus:Director2 2023-01-01 2023-12-31 13900156 bus:Director2 2023-12-31 13900156 bus:Director2 2022-02-08 2022-12-31 13900156 2022-02-08 13900156 bus:LeadAgentIfApplicable 2023-01-01 2023-12-31 13900156 2022-02-08 2022-12-31 13900156 2022-12-31 13900156 core:WithinOneYear 2022-12-31 13900156 core:AfterOneYear 2022-12-31 13900156 bus:EntityAccountantsOrAuditors 2022-02-08 2022-12-31 13900156 core:CostValuation core:Non-currentFinancialInstruments 2023-12-31 13900156 core:CostValuation core:Non-currentFinancialInstruments 2022-12-31 13900156 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-12-31 13900156 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-12-31 13900156 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-12-31 13900156 core:Non-currentFinancialInstruments 2023-12-31 13900156 core:Non-currentFinancialInstruments 2022-12-31 13900156 core:ShareCapital 2023-12-31 13900156 core:ShareCapital 2022-12-31 13900156 core:RetainedEarningsAccumulatedLosses 2023-12-31 13900156 core:RetainedEarningsAccumulatedLosses 2022-12-31 13900156 dpl:Item1 2023-01-01 13900156 dpl:Item1 2023-12-31 13900156 dpl:Item1 2022-02-08 13900156 dpl:Item1 2022-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 13900156
England and Wales

 

 

 

SAMCO VENTURES LIMITED


Unaudited Financial Statements
 


Period of accounts

Start date: 01 January 2023

End date: 31 December 2023
Directors Mr K Aziz
Mrs S Khawar
Registered Number 13900156
Registered Office 92 Teesdale Road
Slough
SL2 1UD
Accountants IAC Accountants Limited
Windfall House D1 The Courtyard
Alban Park Hatfield Road
St Albans
AL4 0LA
1
 
 
Notes
 
2023
£
  2022
£
Current assets      
Cash at bank and in hand 100    100 
Creditors: amount falling due within one year 3 (1,142)   (568)
Net current assets (1,042)   (468)
 
Total assets less current liabilities (1,042)   (468)
Net assets (1,042)   (468)
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account (1,142)   (568)
Shareholders' funds (1,042)   (468)
 


For the year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. 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.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 23 September 2024 and were signed on its behalf by:


-------------------------------
Mr K Aziz
Director
2
General Information
SAMCO VENTURES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13900156, registration address 92 Teesdale Road, Slough, SL2 1UD.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
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)
Going concern basis
The directors have confirmed that they will continue to give financial support to the company until such time as its position improves. In addition the directors have confirmed that they will not recall their loans within 12 months. The directors consider that it is appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result if the financial support were withdrawn.
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.

Deferred tax is measured using 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.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.


Current and deferred tax assets and liabilities are not discounted.
2.

Average number of employees

Average number of employees during the year was 0 (2022 : 0).
3.

Creditors: amount falling due within one year

2023
£
  2022
£
Accrued Expenses 180    300 
Other Creditors 962    268 
1,142    568 

4.

Related Party Note

Creditors due with in one year include an interest free amount of £962 (2022: £268) due to the related company in which the director has controlling interest. This loan is repayable on demand.
3