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REGISTERED NUMBER: 11511295 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

DANIEL AND SAMSON INVESTMENTS LTD

DANIEL AND SAMSON INVESTMENTS LTD (REGISTERED NUMBER: 11511295)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DANIEL AND SAMSON INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: D A D Jenyo





REGISTERED OFFICE: Room 73 Wrest House
Wrest Park
Silsoe
Bedfordshire
MK45 4HR





REGISTERED NUMBER: 11511295 (England and Wales)





ACCOUNTANTS: MDG Business Associates Limited
Room 73
Wrest House
Wrest Park
Silsoe
Bedfordshire
MK45 4HR

DANIEL AND SAMSON INVESTMENTS LTD (REGISTERED NUMBER: 11511295)

BALANCE SHEET
31 MARCH 2024

2024 2023
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,097,684 989,304

CURRENT ASSETS
Debtors 5 10,452 86,057
Cash at bank 946 11,465
11,398 97,522
CREDITORS
Amounts falling due within one year 6 (87,560 ) 499
NET CURRENT ASSETS 98,958 97,023
TOTAL ASSETS LESS CURRENT LIABILITIES 1,196,642 1,086,327

CREDITORS
Amounts falling due after more than one year 7 1,369,825 1,222,275
NET LIABILITIES (173,183 ) (135,948 )

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings (173,185 ) (135,950 )
SHAREHOLDERS' FUNDS (173,183 ) (135,948 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 17 March 2025 and were signed by:





D A D Jenyo - Director


DANIEL AND SAMSON INVESTMENTS LTD (REGISTERED NUMBER: 11511295)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Daniel and Samson Investments Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The comparatives relate to the period from 31 August 2022 to 31 March 2023.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - in accordance with the property

The freehold properties are stated at an open market value in the opinion of the director. As such no depreciation has been charged in respect of this class of asset in the year and no deferred tax has been provided on any future sale as the base cost of the properties remain consistent with the current open market value.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
Cost
At 1 April 2023 989,304
Additions 108,380
At 31 March 2024 1,097,684
Net book value
At 31 March 2024 1,097,684
At 31 March 2023 989,304

DANIEL AND SAMSON INVESTMENTS LTD (REGISTERED NUMBER: 11511295)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS - continued

The freehold properties are secured by way of various debentures incorporating fixed and floating charges, a first legal mortgage and a further legal charge held over the assets and undertakings of the company in favour of the lender.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Other debtors 10,452 86,057

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Other creditors (87,560 ) -
Accruals and deferred income - 499
(87,560 ) 499

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
as restated
£    £   
Bank loans - 2-5 years 796,062 796,016
Other creditors 464,494 317,548
Director's loans 109,269 108,711
1,369,825 1,222,275

The bank loans are interest only and secured in favour of the lender upon each specific property.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: as restated
£    £   
2 Ordinary £1 2 2

9. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed D A D Jenyo, director an amount of £109,269 (2023: £108,711). No interest has been charged (2022: £Nil) on this balance during the year.