Company Registration No. 12857973 (England and Wales)
SAMS RECRUITMENT LTD
Unaudited accounts
for the year ended 30 September 2024
SAMS RECRUITMENT LTD
Unaudited accounts
Contents
SAMS RECRUITMENT LTD
Company Information
for the year ended 30 September 2024
Director
ABBAS EBRAHIM, Zakir Hussain
Company Number
12857973 (England and Wales)
Registered Office
58 DOUGLAS CRESCENT
HAYES
MIDDLESEX
UB4 9BT
UNITED KINGDOM
Accountants
AMCO ACCOUNTANCY SERVICES LTD
134
Christchurch Avenue
Harrow
England
HA3 8NN
SAMS RECRUITMENT LTD
Statement of financial position
as at 30 September 2024
Tangible assets
55,506
58,599
Cash at bank and in hand
124,027
205,190
Creditors: amounts falling due within one year
(127,347)
(188,357)
Net current assets
206,712
180,524
Total assets less current liabilities
262,218
239,123
Provisions for liabilities
Deferred tax
(10,546)
(12,892)
Net assets
251,672
226,231
Called up share capital
1
1
Profit and loss account
251,671
226,230
Shareholders' funds
251,672
226,231
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 June 2025 and were signed on its behalf by
ABBAS EBRAHIM, Zakir Hussain
Director
Company Registration No. 12857973
SAMS RECRUITMENT LTD
Notes to the Accounts
for the year ended 30 September 2024
SAMS RECRUITMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 12857973. The registered office is 58 DOUGLAS CRESCENT, HAYES, MIDDLESEX, UB4 9BT, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
33.33% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
SAMS RECRUITMENT LTD
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
4,092
89,844
6,937
100,873
Additions
1,474
13,934
-
15,408
At 30 September 2024
5,566
103,778
6,937
116,281
At 1 October 2023
2,366
36,580
3,328
42,274
Charge for the year
800
16,799
902
18,501
At 30 September 2024
3,166
53,379
4,230
60,775
At 30 September 2024
2,400
50,399
2,707
55,506
At 30 September 2023
1,726
53,264
3,609
58,599
Amounts falling due within one year
Trade debtors
144,929
159,506
Accrued income and prepayments
31,958
-
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
20,714
26,140
Loans from directors
61,864
7,969
7
Deferred taxation
2024
2023
Accelerated capital allowances
10,546
12,892
Provision at start of year
12,892
9,520
(Credited)/charged to the profit and loss account
(2,346)
3,372
Provision at end of year
10,546
12,892
SAMS RECRUITMENT LTD
Notes to the Accounts
for the year ended 30 September 2024
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 48 (2023: 49).