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REGISTERED NUMBER: 11792599 (England and Wales)


Financial Statements for the Year Ended 29 February 2024

for

Sammie Ltd

Sammie Ltd (Registered number: 11792599)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Sammie Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTOR: Mr Saurabh Sharma





REGISTERED OFFICE: 9-13, Holbrook Lane
Bridge House
Coventry
West Midlands
CV6 4AD





REGISTERED NUMBER: 11792599 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Sammie Ltd (Registered number: 11792599)

Statement of Financial Position
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 19,206 23,598

CURRENT ASSETS
Inventories 68,997 65,629
Debtors 5 55,960 28,728
Cash at bank and in hand 9,389 46,325
134,346 140,682
CREDITORS
Amounts falling due within one year 6 76,393 92,022
NET CURRENT ASSETS 57,953 48,660
TOTAL ASSETS LESS CURRENT
LIABILITIES

77,159

72,258

CREDITORS
Amounts falling due after more than one
year

7

76,131

70,335
NET ASSETS 1,028 1,923

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 928 1,823
SHAREHOLDERS' FUNDS 1,028 1,923

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

Sammie Ltd (Registered number: 11792599)

Statement of Financial Position - continued
29 February 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 30 November 2024 and were signed by:





Mr Saurabh Sharma - Director


Sammie Ltd (Registered number: 11792599)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Sammie Ltd 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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2023 - 34 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 March 2023 40,015
Additions 2,010
At 29 February 2024 42,025
DEPRECIATION
At 1 March 2023 16,417
Charge for year 6,402
At 29 February 2024 22,819
NET BOOK VALUE
At 29 February 2024 19,206
At 28 February 2023 23,598

Sammie Ltd (Registered number: 11792599)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 54,585 27,200
Other debtors 1,375 1,528
55,960 28,728

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 1,922 1,916
Trade creditors 28,573 27,723
Taxation and social security 35,677 28,252
Other creditors 10,221 34,131
76,393 92,022

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans 76,131 70,335

Amounts falling due in more than five years:

Repayable by instalments
Other Loan 58,977 35,100

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
1 Ordinary £1 1 1
99 Ordinary £1 99 99
100 100