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REGISTERED NUMBER: 02839502 (England and Wales)

















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Samara Limited

Samara Limited (Registered number: 02839502)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Samara Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: G Renshaw-Smith
J Renshaw-Smith
S.E Renshaw-Smith





REGISTERED OFFICE: Unit 4
Meersbrook Centre
19 Valley Road
Sheffield
S8 9FT





REGISTERED NUMBER: 02839502 (England and Wales)





ACCOUNTANTS: SMH Haywood & Co Limited
24-26 Mansfield Road
Rotherham
South Yorkshire
S60 2DT

Samara Limited (Registered number: 02839502)

Balance Sheet
30 September 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investments 4 101 101
Investment property 5 3,192 103,192
3,293 103,293

CURRENT ASSETS
Debtors 6 1,213,362 1,230,180
Cash at bank 104,860 2,301
1,318,222 1,232,481
CREDITORS
Amounts falling due within one year 7 (1,273,632 ) (1,268,363 )
NET CURRENT ASSETS/(LIABILITIES) 44,590 (35,882 )
TOTAL ASSETS LESS CURRENT LIABILITIES 47,883 67,411

PROVISIONS FOR LIABILITIES - (25,000 )
NET ASSETS 47,883 42,411

CAPITAL AND RESERVES
Called up share capital 8 5,000 5,000
Revaluation reserve - 75,000
Retained earnings 42,883 (37,589 )
SHAREHOLDERS' FUNDS 47,883 42,411

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Samara Limited (Registered number: 02839502)

Balance Sheet - continued
30 September 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 Profit & loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 April 2025 and were signed on its behalf by:





G Renshaw-Smith - Director


Samara Limited (Registered number: 02839502)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Samara 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & loss account, 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 3 (2023 - 3 ) .

Samara Limited (Registered number: 02839502)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 October 2023
and 30 September 2024 101
NET BOOK VALUE
At 30 September 2024 101
At 30 September 2023 101

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 103,192
Disposals (100,000 )
At 30 September 2024 3,192
NET BOOK VALUE
At 30 September 2024 3,192
At 30 September 2023 103,192

The fair value of the investment property has been arrived at on the basis of a valuation carried out at the year end by the directors of the company. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

If investment properties were stated on an historical cost basis rather than a fair value basis, the cost would be £3,192 (2023 - £3,192).

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 286 602
Amounts owed by group undertakings 434,116 433,168
Amounts owed by participating interests 144,960 164,960
Other debtors 634,000 631,450
1,213,362 1,230,180

Samara Limited (Registered number: 02839502)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 30,962 944
Amounts owed to group undertakings 940,173 909,293
Taxation and social security 26,824 1,693
Other creditors 275,673 356,433
1,273,632 1,268,363

Other creditors includes £200,000 6% loan stock. This is held by the parent company and entitlement to interest was waived in respect of the year.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
5,000 Ordinary £1 5,000 5,000

9. RELATED PARTY DISCLOSURES

At the year end the company owed £73,153 (2023 - £154,033) to Retirement Services Limited.

No interest is charged on this loan.

The directors Mr. G. Renshaw-Smith and Mrs J. Renshaw-Smith are directors in the above company.

10. ULTIMATE CONTROLLING PARTY

The immediate parent undertaking is Samara International Limited.

The ultimate controlling party is Sugarbeach Discretionary Trust.