1 March 2023 false No description of principal activity Taxfiler 2024.6 04610505business:PrivateLimitedCompanyLtd2023-03-012024-02-28 046105052023-02-28 046105052023-03-012024-02-28 04610505business:AuditExemptWithAccountantsReport2023-03-012024-02-28 04610505business:FilletedAccounts2023-03-012024-02-28 046105052024-02-28 04610505business:Director12023-03-012024-02-28 04610505business:RegisteredOffice2023-03-012024-02-28 046105052023-02-28 04610505core:WithinOneYear2024-02-28 04610505core:WithinOneYear2023-02-28 04610505core:AfterOneYear2024-02-28 04610505core:AfterOneYear2023-02-28 04610505core:ShareCapitalcore:PreviouslyStatedAmount2024-02-28 04610505core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 04610505core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-28 04610505core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 04610505core:PreviouslyStatedAmount2024-02-28 04610505core:PreviouslyStatedAmount2023-02-28 04610505business:SmallEntities2023-03-012024-02-28 04610505countries:EnglandWales2023-03-012024-02-28 04610505core:FurnitureFittings2023-03-012024-02-28 04610505core:Goodwill2023-02-28 04610505core:Goodwill2024-02-28 04610505core:FurnitureFittings2023-02-28 04610505core:FurnitureFittings2024-02-28 046105052022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 04610505 (England and Wales)
Samsorros Ltd Unaudited accounts for the period from 1 March 2023 to 28 February 2024
Samsorros Ltd Unaudited accounts Contents
Page
- 2 -
Samsorros Ltd Company Information for the period from 1 March 2023 to 28 February 2024
Director
MUHAMMED ISHTIAQ
Company Number
04610505 (England and Wales)
Registered Office
130 Saint James Street Burnley BB11 1NL United Kingdom
Accountants
SAGHIR AHMAD & COMPANY, INTERNATIONAL ACCOUNTANTS First Floor, Suite 2, The Point 173 - 175 Cheetham Hill MANCHESTER M8 8LG
- 3 -
Samsorros Ltd Statement of financial position as at 28 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
1 
1 
Tangible assets
962 
359 
963 
360 
Current assets
Inventories
1,210 
1,000 
Debtors
779 
569 
Cash at bank and in hand
2,892 
8,252 
4,881 
9,821 
Creditors: amounts falling due within one year
(5,553)
(6,871)
Net current (liabilities)/assets
(672)
2,950 
Total assets less current liabilities
291 
3,310 
Creditors: amounts falling due after more than one year
(4,667)
(8,167)
Net liabilities
(4,376)
(4,857)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(4,378)
(4,859)
Shareholders' funds
(4,376)
(4,857)
For the period ending 28 February 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 15 November 2024 and were signed on its behalf by
MUHAMMED ISHTIAQ Director Company Registration No. 04610505
- 4 -
Samsorros Ltd Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
1
Statutory information
Samsorros Ltd is a private company, limited by shares, registered in England and Wales, registration number 04610505. The registered office is 130 Saint James Street, Burnley, BB11 1NL, United Kingdom.
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 period, 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:
Fixtures & fittings
10% per annum reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
- 5 -
Samsorros Ltd Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2023
45,000 
At 28 February 2024
45,000 
Amortisation
At 1 March 2023
44,999 
At 28 February 2024
44,999 
Net book value
At 28 February 2024
1 
At 28 February 2023
1 
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 March 2023
15,237 
Additions
675 
At 28 February 2024
15,912 
Depreciation
At 1 March 2023
14,878 
Charge for the period
72 
At 28 February 2024
14,950 
Net book value
At 28 February 2024
962 
At 28 February 2023
359 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
779 
568 
Other debtors
- 
1 
779 
569 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,500 
3,500 
Trade creditors
628 
837 
Other creditors
675 
1,313 
Accruals
750 
1,221 
5,553 
6,871 
- 6 -
Samsorros Ltd Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,667 
8,167 
9
Average number of employees
During the period the average number of employees was 2 (2023: 3).
- 7 -