Company Registration No. 10685174 (England and Wales)
SAMI RETAIL LIMITED
Unaudited accounts
for the year ended 31 March 2024
SAMI RETAIL LIMITED
Unaudited accounts
Contents
SAMI RETAIL LIMITED
Company Information
for the year ended 31 March 2024
Company Number
10685174 (England and Wales)
Registered Office
513 LONDON ROAD
CHEAM
SUTTON
SM3 8JR
ENGLAND
SAMI RETAIL LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
23,723
28,442
Investments
476,375
227,452
Cash at bank and in hand
109,746
145,382
Creditors: amounts falling due within one year
(423,173)
(324,585)
Net current liabilities
(274,257)
(149,203)
Net assets
225,841
106,691
Profit and loss account
225,841
106,691
Shareholders' funds
225,841
106,691
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 23 October 2024 and were signed on its behalf by
Abdul Khaled
Director
Company Registration No. 10685174
SAMI RETAIL LIMITED
Notes to the Accounts
for the year ended 31 March 2024
SAMI RETAIL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10685174. The registered office is 513 LONDON ROAD, CHEAM, SUTTON, SM3 8JR, 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:
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2023
27,000
16,666
43,666
At 31 March 2024
27,000
16,666
43,666
At 1 April 2023
11,057
4,167
15,224
Charge for the year
1,594
3,125
4,719
At 31 March 2024
12,651
7,292
19,943
At 31 March 2024
14,349
9,374
23,723
At 31 March 2023
15,943
12,499
28,442
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Investments
Other investments
Valuation at 1 April 2023
227,452
Valuation at 31 March 2024
476,375
SAMI RETAIL LIMITED
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
10,000
11,000
Taxes and social security
60,505
33,871
Loans from directors
281,467
271,486
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Average number of employees
During the year the average number of employees was 0 (2023: 0).