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REGISTERED NUMBER: 07749078 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

SAMSON HOMES LIMITED

SAMSON HOMES LIMITED (REGISTERED NUMBER: 07749078)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SAMSON HOMES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: A S Khan
S Khan
M B Khan





REGISTERED OFFICE: 89 Boleyn Road
London
E7 9QF





REGISTERED NUMBER: 07749078 (England and Wales)





ACCOUNTANTS: Hadleys & Co.
Ground Floor
Import Building
2 Clove Crescent
London
E14 2BE

SAMSON HOMES LIMITED (REGISTERED NUMBER: 07749078)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 610 762
Investments 5 276 276
Investment property 6 510,762 -
511,648 1,038

CURRENT ASSETS
Debtors 7 92,884 692,167
Cash at bank 2,025 9,209
94,909 701,376
CREDITORS
Amounts falling due within one year 8 (134,086 ) (109,504 )
NET CURRENT (LIABILITIES)/ASSETS (39,177 ) 591,872
TOTAL ASSETS LESS CURRENT
LIABILITIES

472,471

592,910

CREDITORS
Amounts falling due after more than one year 9 (100,000 ) (200,000 )
NET ASSETS 372,471 392,910

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 372,371 392,810
SHAREHOLDERS' FUNDS 372,471 392,910

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 HOMES LIMITED (REGISTERED NUMBER: 07749078)

BALANCE SHEET - continued
30 JUNE 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 Board of Directors and authorised for issue on 21 October 2024 and were signed on its behalf by:





A S Khan - Director


SAMSON HOMES LIMITED (REGISTERED NUMBER: 07749078)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Samson Homes 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

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

SAMSON HOMES LIMITED (REGISTERED NUMBER: 07749078)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 7,054
DEPRECIATION
At 1 July 2023 6,292
Charge for year 152
At 30 June 2024 6,444
NET BOOK VALUE
At 30 June 2024 610
At 30 June 2023 762

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 July 2023
and 30 June 2024 276
NET BOOK VALUE
At 30 June 2024 276
At 30 June 2023 276

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 510,762
At 30 June 2024 510,762
NET BOOK VALUE
At 30 June 2024 510,762

SAMSON HOMES LIMITED (REGISTERED NUMBER: 07749078)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 92,884 611,710
Other debtors - 80,457
92,884 692,167

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 26,320 -
Other creditors 107,766 109,504
134,086 109,504

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 100,000 200,000

10. RELATED PARTY DISCLOSURES

The company entered into transactions with its subsidiaries as follows:

Samson Homes SPV1 Ltd

The balance due from Samson Homes Limited in respect of intercompany transactions as at 30 June 2024 was £693,859 (2023: £652,574)

Samson Capital London Ltd

The balance due to Samson Homes Limited in respect of intercompany transactions as at 30 June 2024 was £164,789 (2023: £163,289)

Samson Capital Leyton Ltd

The balance due to Samson Homes Limited in respect of intercompany transactions as at 30 June 2024 was £75,182 (2023: £75,182)

Samson Capital Southern Ltd

The balance due to Samson Homes Limited in respect of intercompany transactions as at 30 June 2024 was £544,772 (2023: £1,037,581)