2023-05-01 07238107 2024-04-30 07238107 2023-05-01 2024-04-30 07238107 2023-04-30 07238107 2022-05-01 2023-04-30 07238107 uk-core:WithinOneYear 2023-04-30 07238107 uk-core:WithinOneYear 2024-04-30 07238107 uk-core:ShareCapital 2024-04-30 07238107 uk-core:ShareCapital 2023-04-30 07238107 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 07238107 uk-core:RetainedEarningsAccumulatedLosses 2023-04-30 07238107 uk-bus:Director1 2023-05-01 2024-04-30 07238107 uk-core:FurnitureFittings 2023-05-01 2024-04-30 07238107 uk-core:WithinOneYear 2024-04-30 07238107 uk-core:WithinOneYear 2023-04-30 iso4217:GBP xbrli:pure 07238107 uk-bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 07238107 uk-bus:FRS102 2023-05-01 2024-04-30 07238107 uk-bus:FilletedAccounts 2023-05-01 2024-04-30 07238107 uk-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30
Draft
Sam's Machinery Limited
Registered Number:07238107
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 30 April 2024
Sam's Machinery Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Draft
Registered Number :
07238107
As at 30 April 2024
Sam's Machinery Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
1,702
1,996
1,702
1,996
Current assets
Inventories
33,351
52,454
2
Trade and other receivables
10,180
27,387
3
82,795
Cash and cash equivalents
50,702
130,543
126,326
Trade and other payables: amounts falling due within one
year
(54,621)
(57,863)
4
71,705
72,680
Net current assets
Total assets less current liabilities
74,382
73,701
74,382
Net assets
73,701
Capital and reserves
Called up share capital
100
100
Retained earnings
74,282
73,601
74,382
73,701
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Sameh Abourezk Director
These financial statements were approved and authorised for issue by the Board on 30 November 2024 and were signed by:
The notes form part of these financial statements
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4
Draft
For the year ended 30 April 2024
Sam's Machinery Limited
Notes to the Financial Statements
Statutory Information
Sam's Machinery Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 07238107.
Registered address:
228 Durnaford Road
London
SW19 8DS
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
15 Reducing balance
Fixtures and fittings
2. Inventories
2023
2024
£
£
Stocks
52,454
33,351
3. Trade and other receivables
2023
2024
£
£
Trade debtors
26,691
9,730
Other debtors
696
450
10,180
27,387
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5
Draft
For the year ended 30 April 2024
Sam's Machinery Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
21,320
31,584
Taxation and social security
7,359
9,262
Other creditors
29,184
13,775
57,863
54,621
5. Average number of persons employed
During the year the average number of employees was 3 (2023 : 3)
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