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REGISTERED NUMBER: 04731850 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30th April 2024

for

Sam Forster Limited

Sam Forster Limited (Registered number: 04731850)






Contents of the Financial Statements
for the Year Ended 30th April 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Sam Forster Limited

Company Information
for the Year Ended 30th April 2024







DIRECTOR: S Forster





REGISTERED OFFICE: 272 Regents Park Road
Finchley Central
London
N3 3HN





REGISTERED NUMBER: 04731850 (England and Wales)





ACCOUNTANTS: Spencer Hyde Limited
272 Regents Park Road
London
N3 3HN

Sam Forster Limited (Registered number: 04731850)

Statement of Financial Position
30th April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 700,326 3,567
Investments 5 75 75
700,401 3,642

CURRENT ASSETS
Debtors 6 428,343 877,435
Cash at bank 308,946 501,837
737,289 1,379,272
CREDITORS
Amounts falling due within one year 7 87,833 31,399
NET CURRENT ASSETS 649,456 1,347,873
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,349,857

1,351,515

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,349,757 1,351,415
SHAREHOLDERS' FUNDS 1,349,857 1,351,515

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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.

Sam Forster Limited (Registered number: 04731850)

Statement of Financial Position - continued
30th April 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 15th January 2025 and were signed by:





S Forster - Director


Sam Forster Limited (Registered number: 04731850)

Notes to the Financial Statements
for the Year Ended 30th April 2024

1. STATUTORY INFORMATION

Sam Forster 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.
Land and buildings - 1% on cost and Over the lease term
Plant and machinery etc - 33% on cost and 20% on cost

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

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Sam Forster Limited (Registered number: 04731850)

Notes to the Financial Statements - continued
for the Year Ended 30th April 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st May 2023 2,445 4,935 7,380
Additions 696,121 1,851 697,972
At 30th April 2024 698,566 6,786 705,352
DEPRECIATION
At 1st May 2023 2,282 1,531 3,813
Charge for year 163 1,050 1,213
At 30th April 2024 2,445 2,581 5,026
NET BOOK VALUE
At 30th April 2024 696,121 4,205 700,326
At 30th April 2023 163 3,404 3,567

5. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1st May 2023
and 30th April 2024 75
NET BOOK VALUE
At 30th April 2024 75
At 30th April 2023 75

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 54
Amounts owed by group undertakings 325,200 444,276
Amounts owed by associates 13,847 13,847
Other debtors 89,296 419,258
428,343 877,435

Sam Forster Limited (Registered number: 04731850)

Notes to the Financial Statements - continued
for the Year Ended 30th April 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,378 5,777
Taxation and social security (1,332 ) 20,217
Other creditors 85,787 5,405
87,833 31,399

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th April 2024 and 30th April 2023:

2024 2023
£    £   
S Forster
Balance outstanding at start of year 328,815 42,528
Amounts advanced - 286,287
Amounts repaid (328,815 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 328,815