Acorah Software Products - Accounts Production 16.0.110 false true false 1 July 2023 30 June 2024 30 June 2024 14943841 Mr Yung Leung Chan Mrs Hoi Yan Leung iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14943841 2023-06-30 14943841 2024-06-30 14943841 2023-07-01 2024-06-30 14943841 frs-core:ShareCapital 2024-06-30 14943841 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 14943841 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 14943841 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 14943841 frs-bus:SmallEntities 2023-07-01 2024-06-30 14943841 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 14943841 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 14943841 frs-bus:Director1 2023-07-01 2024-06-30 14943841 frs-bus:Director2 2023-07-01 2024-06-30 14943841 frs-countries:EnglandWales 2023-07-01 2024-06-30
Registered number: 14943841
Samchanson Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3
Page 1
Statement of Financial Position
Registered number: 14943841
2024
Notes £ £
FIXED ASSETS
Investment Properties 4 95,000
95,000
CURRENT ASSETS
Cash at bank and in hand 2,638
2,638
Creditors: Amounts Falling Due Within One Year 5 (123,021 )
NET CURRENT ASSETS (LIABILITIES) (120,383 )
TOTAL ASSETS LESS CURRENT LIABILITIES (25,383 )
NET LIABILITIES (25,383 )
CAPITAL AND RESERVES
Called up share capital 6 2
Income Statement (25,385 )
SHAREHOLDERS' FUNDS (25,383)
Page 1
Page 2
For the year ending 30 June 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr Yung Leung Chan
Director
14th November 2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Samchanson Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14943841 . The registered office is Chalice House, Bromley Road, Elmstead, Colchester, Essex, CO7 7BY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured by the amounts received from rental income from investment property.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2
2
4. Investment Property
2024
£
Fair Value
As at 1 July 2023 -
Additions 102,295
Revaluations (7,295)
As at 30 June 2024 95,000
5. Creditors: Amounts Falling Due Within One Year
2024
£
Other creditors 123,021
6. Share Capital
2024
£
Allotted, Called up and fully paid 2
Page 3