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REGISTERED NUMBER: 04467388 (England and Wales)












Unaudited Financial Statements

For The Year Ended

30 June 2024

for

Sam Pickford Limited

Sam Pickford Limited (Registered number: 04467388)






Contents of the Financial Statements
For The Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sam Pickford Limited

Company Information
For The Year Ended 30 June 2024







DIRECTORS: S Pickford
Mrs M Pickford



SECRETARY:



REGISTERED OFFICE: Hodnydod
Rebecca Meade Gt Easton
Nr Gt Dunmow
Essex
CM6 2HE



REGISTERED NUMBER: 04467388 (England and Wales)



ACCOUNTANT: Alison Hurrell Limited
Unit 6, Cherry Tree Farm
Blackmore End Road
Sible Hedingham
Essex
CO9 3LZ



BANKERS: Barclays Bank PLC
Bank Street
Braintree
Essex
CM7 7UQ

Sam Pickford Limited (Registered number: 04467388)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,173,953 1,167,156

CURRENT ASSETS
Stocks - 14,849
Debtors 5 14,242 2,569
Cash at bank 430,424 241,647
444,666 259,065
CREDITORS
Amounts falling due within one year 6 613,245 549,608
NET CURRENT LIABILITIES (168,579 ) (290,543 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,005,374

876,613

PROVISIONS FOR LIABILITIES 5,102 3,806
NET ASSETS 1,000,272 872,807

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,000,270 872,805
SHAREHOLDERS' FUNDS 1,000,272 872,807

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Sam Pickford Limited (Registered number: 04467388)

Balance Sheet - continued
30 June 2024


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 Board of Directors and authorised for issue on 17 March 2025 and were signed on its behalf by:





S Pickford - Director


Sam Pickford Limited (Registered number: 04467388)

Notes to the Financial Statements
For The Year Ended 30 June 2024

1. STATUTORY INFORMATION

Sam Pickford Limited 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on reducing balance, 15% on reducing balance and Straight line over 3 years

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Sam Pickford Limited (Registered number: 04467388)

Notes to the Financial Statements - continued
For The Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 July 2023 1,211,653 24,600 5,333
Additions - 13,250 -
At 30 June 2024 1,211,653 37,850 5,333
DEPRECIATION
At 1 July 2023 64,664 19,127 4,761
Charge for year - 2,808 114
At 30 June 2024 64,664 21,935 4,875
NET BOOK VALUE
At 30 June 2024 1,146,989 15,915 458
At 30 June 2023 1,146,989 5,473 572

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2023 23,350 4,832 1,269,768
Additions - - 13,250
At 30 June 2024 23,350 4,832 1,283,018
DEPRECIATION
At 1 July 2023 9,228 4,832 102,612
Charge for year 3,531 - 6,453
At 30 June 2024 12,759 4,832 109,065
NET BOOK VALUE
At 30 June 2024 10,591 - 1,173,953
At 30 June 2023 14,122 - 1,167,156

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 14,242 2,569

Sam Pickford Limited (Registered number: 04467388)

Notes to the Financial Statements - continued
For The Year Ended 30 June 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 23,370 23,370
Trade creditors - 2
Taxation and social security 77,299 28,927
Other creditors 512,576 497,309
613,245 549,608

7. RELATED PARTY DISCLOSURES