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REGISTERED NUMBER: 00598580 (England and Wales)










SAMSON CONTROLS LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024






SAMSON CONTROLS LTD (REGISTERED NUMBER: 00598580)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SAMSON CONTROLS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTORS: H. Werner
V. Krupic
G.P. Gentry





SECRETARY: G.P. Gentry





REGISTERED OFFICE: 137, Station Road,
Chingford,
London
E4 6AG





REGISTERED NUMBER: 00598580 (England and Wales)





AUDITORS: Cobbin Floyd Ltd
t/as Findlay Wetherfield Scott & Co.
Chartered Accountants and Statutory Auditors
137, Station Road
Chingford,
London
E4 6AG

SAMSON CONTROLS LTD (REGISTERED NUMBER: 00598580)

BALANCE SHEET
31ST DECEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 988,691 1,026,717
Investments 5 448 448
989,139 1,027,165

CURRENT ASSETS
Stocks 1,079,880 1,204,899
Debtors 6 2,421,042 1,425,762
Cash at bank and in hand 1,270,027 2,771,742
4,770,949 5,402,403
CREDITORS
Amounts falling due within one year 7 (2,244,208 ) (1,109,575 )
NET CURRENT ASSETS 2,526,741 4,292,828
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,515,880

5,319,993

PROVISIONS FOR LIABILITIES (53,392 ) (60,030 )
NET ASSETS 3,462,488 5,259,963

CAPITAL AND RESERVES
Called up share capital 512,000 512,000
Retained earnings 2,950,488 4,747,963
SHAREHOLDERS' FUNDS 3,462,488 5,259,963

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 11th March 2025 and were signed on its behalf by:




H. Werner - Director



G.P. Gentry - Director


SAMSON CONTROLS LTD (REGISTERED NUMBER: 00598580)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024

1. STATUTORY INFORMATION

Samson Controls 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.

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, 25% on cost and 15% on reducing balance

No depreciation is provided for on freehold land.


Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date less provision for anticipated reversals. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

SAMSON CONTROLS LTD (REGISTERED NUMBER: 00598580)

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

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

The company also makes contributions to personal pension schemes of those employees who are not members of the company scheme.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 20 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st January 2024 1,088,046 890,526 1,978,572
Additions - 41,250 41,250
Disposals - (47,202 ) (47,202 )
At 31st December 2024 1,088,046 884,574 1,972,620
DEPRECIATION
At 1st January 2024 419,789 532,066 951,855
Charge for year 14,099 52,199 66,298
Eliminated on disposal - (34,224 ) (34,224 )
At 31st December 2024 433,888 550,041 983,929
NET BOOK VALUE
At 31st December 2024 654,158 334,533 988,691
At 31st December 2023 668,257 358,460 1,026,717

Included in cost of land and buildings is freehold land of £ 319,023 (2023 - £ 319,023 ) which is not depreciated.

5. FIXED ASSET INVESTMENTS

The investment is a small holding in Spirax-Sarco Engineering plc., which is stated at cost. The market value exceeded the cost at the balance sheet date.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,238,343 1,302,584
Amounts owed by group undertakings 53,079 66,906
Other debtors 129,620 56,272
2,421,042 1,425,762

SAMSON CONTROLS LTD (REGISTERED NUMBER: 00598580)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 188,135 188,233
Amounts owed to group undertakings 148,357 179,643
Taxation and social security 591,280 417,464
Other creditors 1,316,436 324,235
2,244,208 1,109,575

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Natalie Floyd (Senior Statutory Auditor)
for and on behalf of Cobbin Floyd Ltd

9. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

10. ULTIMATE CONTROLLING PARTY

The directors consider that the company's ultimate parent company at the balance sheet date was Samson AG which is incorporated in Germany.