Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 10099417 Mr Abel Gurau iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10099417 2023-04-30 10099417 2024-04-30 10099417 2023-05-01 2024-04-30 10099417 frs-core:CurrentFinancialInstruments 2024-04-30 10099417 frs-core:Non-currentFinancialInstruments 2024-04-30 10099417 frs-core:BetweenOneFiveYears 2024-04-30 10099417 frs-core:PlantMachinery 2024-04-30 10099417 frs-core:PlantMachinery 2023-05-01 2024-04-30 10099417 frs-core:PlantMachinery 2023-04-30 10099417 frs-core:ShareCapital 2024-04-30 10099417 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10099417 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10099417 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10099417 frs-bus:SmallEntities 2023-05-01 2024-04-30 10099417 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10099417 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10099417 frs-bus:Director1 2023-05-01 2024-04-30 10099417 frs-countries:EnglandWales 2023-05-01 2024-04-30 10099417 2022-04-30 10099417 2023-04-30 10099417 2022-05-01 2023-04-30 10099417 frs-core:CurrentFinancialInstruments 2023-04-30 10099417 frs-core:Non-currentFinancialInstruments 2023-04-30 10099417 frs-core:BetweenOneFiveYears 2023-04-30 10099417 frs-core:ShareCapital 2023-04-30 10099417 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 10099417
SAM INTERNATIONAL TRANSPORT LTD
Unaudited Financial Statements
For The Year Ended 30 April 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10099417
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 167,476 208,301
167,476 208,301
CURRENT ASSETS
Debtors 5 115,163 310,559
115,163 310,559
Creditors: Amounts Falling Due Within One Year 6 (178,289 ) (283,033 )
NET CURRENT ASSETS (LIABILITIES) (63,126 ) 27,526
TOTAL ASSETS LESS CURRENT LIABILITIES 104,350 235,827
Creditors: Amounts Falling Due After More Than One Year 7 (35,296 ) (91,996 )
NET ASSETS 69,054 143,831
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 69,053 143,830
SHAREHOLDERS' FUNDS 69,054 143,831
Page 1
Page 2
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 member has 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.
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 Profit and Loss Account.
On behalf of the board
Mr Abel Gurau
Director
27/01/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
SAM INTERNATIONAL TRANSPORT LTD is a private company, limited by shares, incorporated in England & Wales, registered number 10099417 . The registered office is 6 Kingsway, Wembley, HA9 7QR.
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 at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing Balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 3)
1 3
4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 May 2023 426,856
Additions 15,000
As at 30 April 2024 441,856
Depreciation
As at 1 May 2023 218,555
Provided during the period 55,825
As at 30 April 2024 274,380
Net Book Value
As at 30 April 2024 167,476
As at 1 May 2023 208,301
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 190 -
Other debtors 114,973 310,559
115,163 310,559
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 11,906 25,122
Bank loans and overdrafts 24,615 6,391
Other creditors 141,768 251,520
178,289 283,033
Page 4
Page 5
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 12,667 58,604
Bank loans 22,629 33,392
35,296 91,996
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years 12,667 58,604
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 5