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REGISTERED NUMBER: 11911188 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Samson Containers Limited

Samson Containers Limited (Registered number: 11911188)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Samson Containers Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: R Simons





REGISTERED OFFICE: Samson House
Red Marsh Drive
Red Marsh Industrial Estate
Thornton-Cleveleys
FY5 4HP





REGISTERED NUMBER: 11911188 (England and Wales)





ACCOUNTANTS: Nathans
Chartered Certified Accountants
Trident Business Centre
Amy Johnson Way
Blackpool
Lancashire
FY4 2RP

Samson Containers Limited (Registered number: 11911188)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 408,195 440,878

CURRENT ASSETS
Stocks 5 89,341 67,321
Debtors 6 333,758 143,738
Cash at bank 15,424 76,623
438,523 287,682
CREDITORS
Amounts falling due within one year 7 (643,874 ) (559,455 )
NET CURRENT LIABILITIES (205,351 ) (271,773 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

202,844

169,105

CREDITORS
Amounts falling due after more than
one year

8

(56,293

)

(90,000

)

PROVISIONS FOR LIABILITIES (56,530 ) (45,451 )
NET ASSETS 90,021 33,654

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 90,020 33,653
SHAREHOLDERS' FUNDS 90,021 33,654

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Samson Containers Limited (Registered number: 11911188)

Balance Sheet - continued
31 March 2024


The 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.

The financial statements were approved by the director and authorised for issue on 3 October 2024 and were signed by:





R Simons - Director


Samson Containers Limited (Registered number: 11911188)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Samson Containers Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Long leasehold - 10% on cost
Plant and machinery - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

Samson Containers Limited (Registered number: 11911188)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2023 - 17 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 April 2023 19,569 309,443 3,371
Additions - 85,000 -
At 31 March 2024 19,569 394,443 3,371
DEPRECIATION
At 1 April 2023 4,756 82,824 601
Charge for year 1,957 65,397 278
At 31 March 2024 6,713 148,221 879
NET BOOK VALUE
At 31 March 2024 12,856 246,222 2,492
At 31 March 2023 14,813 226,619 2,770

Samson Containers Limited (Registered number: 11911188)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 194,600 5,903 532,886
Additions - - 85,000
At 31 March 2024 194,600 5,903 617,886
DEPRECIATION
At 1 April 2023 - 3,827 92,008
Charge for year 48,650 1,401 117,683
At 31 March 2024 48,650 5,228 209,691
NET BOOK VALUE
At 31 March 2024 145,950 675 408,195
At 31 March 2023 194,600 2,076 440,878

5. STOCKS
31.3.24 31.3.23
£    £   
Raw materials 89,341 67,321

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 333,758 143,738

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 30,000 30,000
Trade creditors 537,704 507,703
Tax 36,613 20,752
Social security and other taxes 19,754 -
VAT 15,575 -
Other creditors 3,228 -
Accruals and deferred income 1,000 1,000
643,874 559,455

Samson Containers Limited (Registered number: 11911188)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans - 1-2 years 30,000 30,000
Bank loans - 2-5 years 26,293 60,000
56,293 90,000

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
1 Ordinary 1 1 1

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
R Simons
Balance outstanding at start of year - (120,000 )
Amounts advanced - 174,200
Amounts repaid - (54,200 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

No formal terms exist for the provision of directors loan accounts. No interest is payable regardless of the balance and overdrawn balances are repayable upon demand.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R Simons.