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Company Registration No. 10710704 (England and Wales)
SAMO (LONDON) LIMITED Unaudited accounts for the year ended 30 April 2024
SAMO (LONDON) LIMITED Unaudited accounts Contents
Page
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SAMO (LONDON) LIMITED Company Information for the year ended 30 April 2024
Director
Saad Al-Zubaidi
Company Number
10710704 (England and Wales)
Registered Office
40 WILLOUGHBY ROAD LONDON N8 0JG UNITED KINGDOM
Accountants
Tatar Brothers & Co Accountants 40 Willoughby Road Hornsey London N8 0JG
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SAMO (LONDON) LIMITED Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
482 
567 
Current assets
Debtors
3,600 
3,600 
Cash at bank and in hand
183,520 
13,893 
187,120 
17,493 
Creditors: amounts falling due within one year
(167,812)
(1,867)
Net current assets
19,308 
15,626 
Net assets
19,790 
16,193 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
19,789 
16,192 
Shareholders' funds
19,790 
16,193 
For the year ending 30 April 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 20 January 2025 and were signed on its behalf by
Saad Al-Zubaidi Director Company Registration No. 10710704
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SAMO (LONDON) LIMITED Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
SAMO (LONDON) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10710704. The registered office is 40 WILLOUGHBY ROAD, LONDON, N8 0JG, 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 year, 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.
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.
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
15% reducing balance method
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 May 2023
1,500 
At 30 April 2024
1,500 
Depreciation
At 1 May 2023
933 
Charge for the year
85 
At 30 April 2024
1,018 
Net book value
At 30 April 2024
482 
At 30 April 2023
567 
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SAMO (LONDON) LIMITED Notes to the Accounts for the year ended 30 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
100 
100 
Other debtors
3,500 
3,500 
3,600 
3,600 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
909 
255 
Loans from directors
166,703 
1,412 
Accruals
200 
200 
167,812 
1,867 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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