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 08000894 Mrs Denise Clare D Clare true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08000894 2023-04-30 08000894 2024-04-30 08000894 2023-05-01 2024-04-30 08000894 frs-core:CurrentFinancialInstruments 2024-04-30 08000894 frs-core:MotorVehicles 2024-04-30 08000894 frs-core:MotorVehicles 2023-05-01 2024-04-30 08000894 frs-core:MotorVehicles 2023-04-30 08000894 frs-core:PlantMachinery 2024-04-30 08000894 frs-core:PlantMachinery 2023-05-01 2024-04-30 08000894 frs-core:PlantMachinery 2023-04-30 08000894 frs-core:ShareCapital 2024-04-30 08000894 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08000894 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08000894 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08000894 frs-bus:SmallEntities 2023-05-01 2024-04-30 08000894 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08000894 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08000894 1 2023-05-01 2024-04-30 08000894 frs-bus:Director1 2023-05-01 2024-04-30 08000894 frs-countries:EnglandWales 2023-05-01 2024-04-30 08000894 2022-04-30 08000894 2023-04-30 08000894 2022-05-01 2023-04-30 08000894 frs-core:CurrentFinancialInstruments 2023-04-30 08000894 frs-core:ShareCapital 2023-04-30 08000894 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 08000894
Samson Products Limited
Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08000894
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 3,650
- 3,650
CURRENT ASSETS
Stocks 5 3,500 3,500
Debtors 6 28,547 40,228
Cash at bank and in hand 10,910 4,585
42,957 48,313
Creditors: Amounts Falling Due Within One Year 7 (36,445 ) (58,930 )
NET CURRENT ASSETS (LIABILITIES) 6,512 (10,617 )
TOTAL ASSETS LESS CURRENT LIABILITIES 6,512 (6,967 )
NET ASSETS/(LIABILITIES) 6,512 (6,967 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 6,412 (7,067 )
SHAREHOLDERS' FUNDS 6,512 (6,967)
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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 her 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
Mrs Denise Clare
Director
17th January 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Samson Products Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08000894 . The registered office is The Workshop Lime Villas, Ludford, Market Rasen, Lincs, LN8 6AF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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% on cost
Motor Vehicles 25% on cost
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 4 5
4 5
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4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 May 2023 7,600 7,000 14,600
As at 30 April 2024 7,600 7,000 14,600
Depreciation
As at 1 May 2023 5,700 5,250 10,950
Provided during the period 1,900 1,750 3,650
As at 30 April 2024 7,600 7,000 14,600
Net Book Value
As at 30 April 2024 - - -
As at 1 May 2023 1,900 1,750 3,650
5. Stocks
2024 2023
£ £
Stock 3,500 3,500
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 7,475 20,096
Other debtors 20,298 18,188
Deferred tax current asset - 1,944
Other taxes and social security 774 -
28,547 40,228
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 31,461 52,378
Bank loans and overdrafts 231 3,865
Corporation tax 818 -
Other taxes and social security - 2,263
VAT 3,535 74
Accruals and deferred income 400 350
36,445 58,930
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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9. Ultimate Controlling Party
The company's ultimate controlling party is D Clare by virtue of her ownership of 100% of the issued share capital in the company.
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