Registered number
SC549984
Samphire Property Investment Limited
Filleted Accounts
30 November 2024
Samphire Property Investment Limited
Registered number: SC549984
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 391,327 391,460
Current assets
Debtors 4 12,584 20,592
Cash at bank and in hand 100,036 59,017
112,620 79,609
Creditors: amounts falling due within one year 5 (9,260) (5,294)
Net current assets 103,360 74,315
Total assets less current liabilities 494,687 465,775
Creditors: amounts falling due after more than one year 6 (543,879) (526,879)
Net liabilities (49,192) (61,104)
Capital and reserves
Called up share capital 100 100
Profit and loss account (49,292) (61,204)
Shareholders' funds (49,192) (61,104)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
P. Soutar
Director
Approved by the board on 12 June 2025
Samphire Property Investment Limited
Notes to the Accounts
for the year ended 30 November 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 December 2023 384,460 8,588 393,048
Additions - 2,685 2,685
At 30 November 2024 384,460 11,273 395,733
Depreciation
At 1 December 2023 - 1,588 1,588
Charge for the year - 2,818 2,818
At 30 November 2024 - 4,406 4,406
Net book value
At 30 November 2024 384,460 6,867 391,327
At 30 November 2023 384,460 7,000 391,460
4 Debtors 2024 2023
£ £
Trade debtors 1,180 7,324
Other debtors 11,404 13,268
12,584 20,592
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 3,922 2,063
Accruals 1,750 1,750
Other creditors 3,588 1,481
9,260 5,294
6 Creditors: amounts falling due after one year 2024 2023
£ £
Other creditors 543,879 526,879
7 Other information
Samphire Property Investment Limited is a private company limited by shares and incorporated in Scotland. Its registered office is:
8 Albert Place
Aberdeen
Scotland
AB25 1RG
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