Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312024-01-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 00886486 2024-01-01 2024-12-31 00886486 2023-01-01 2023-12-31 00886486 2024-12-31 00886486 2023-12-31 00886486 c:Director2 2024-01-01 2024-12-31 00886486 d:FurnitureFittings 2024-01-01 2024-12-31 00886486 d:FurnitureFittings 2024-12-31 00886486 d:FurnitureFittings 2023-12-31 00886486 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 00886486 d:OfficeEquipment 2024-01-01 2024-12-31 00886486 d:OfficeEquipment 2024-12-31 00886486 d:OfficeEquipment 2023-12-31 00886486 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 00886486 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 00886486 d:FreeholdInvestmentProperty 2024-12-31 00886486 d:FreeholdInvestmentProperty 2023-12-31 00886486 d:CurrentFinancialInstruments 2024-12-31 00886486 d:CurrentFinancialInstruments 2023-12-31 00886486 d:Non-currentFinancialInstruments 2024-12-31 00886486 d:Non-currentFinancialInstruments 2023-12-31 00886486 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 00886486 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 00886486 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 00886486 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 00886486 d:ShareCapital 2024-12-31 00886486 d:ShareCapital 2023-12-31 00886486 d:RetainedEarningsAccumulatedLosses 2024-12-31 00886486 d:RetainedEarningsAccumulatedLosses 2023-12-31 00886486 c:FRS102 2024-01-01 2024-12-31 00886486 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 00886486 c:FullAccounts 2024-01-01 2024-12-31 00886486 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 00886486 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 00886486










SAMTRAD LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

 
SAMTRAD LIMITED
REGISTERED NUMBER: 00886486

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
889

Investment property
 5 
427,469
427,469

  
427,469
428,358

Current assets
  

Debtors: amounts falling due within one year
 6 
6,925
35,452

Cash at bank and in hand
  
58
7,763

  
6,983
43,215

Creditors: amounts falling due within one year
 7 
(12,038)
(6,533)

Net current (liabilities)/assets
  
 
 
(5,055)
 
 
36,682

Total assets less current liabilities
  
422,414
465,040

Creditors: amounts falling due after more than one year
 8 
(374,310)
(374,310)

Provisions for liabilities
  

Deferred tax
  
(12,469)
(10,925)

Net assets
  
35,635
79,805


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
35,535
79,705

  
35,635
79,805


Page 1

 
SAMTRAD LIMITED
REGISTERED NUMBER: 00886486
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 14 July 2025.




W S Eyre
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
SAMTRAD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Samtrad Limited is a private company limited by shares, incorporated in England and Wales (registered number: 00886486). Its registered office is 8 Forest Lane, Papplewick, Nottingham,NG15 8FF. The principal activity of the Company throughout the year continued to be that of the provision of short-term rental accommodation and property investment.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The Company's functional and presentation currency is pounds sterling.

The following principal accounting policies have been applied:

 
2.2

Revenue

Rental income represents the rents due for the year under operating leases all of which relate to properties in the United Kingdom.

 
2.3

Current and deferred taxation

Tax is recognised in the Statement of Income and Retained Earnings.
The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Page 3

 
SAMTRAD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows.

The depreciation rates used are:

Fixtures and fittings
-
25% straight line
Office equipment
-
25% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Income and Retained Earnings.

 
2.5

Investment property

Investment property is carried at fair value determined annually by the director and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of Income and Retained Earnings.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
SAMTRAD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Fixtures and fittings
Office equipment
Total

£
£
£



Cost


At 1 January 2024
19,054
2,168
21,222



At 31 December 2024

19,054
2,168
21,222



Depreciation


At 1 January 2024
18,165
2,168
20,333


Charge for the year on owned assets
889
-
889



At 31 December 2024

19,054
2,168
21,222



Net book value



At 31 December 2024
-
-
-



At 31 December 2023
889
-
889

Page 5

 
SAMTRAD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Investment property


Freehold investment property

£



Valuation


At 1 January 2024
427,469



At 31 December 2024
427,469

The 2024 valuations were made by the director, on an open market value for existing use basis.



If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2024
2023
£
£


Historic cost
312,564
312,564

312,564
312,564


6.


Debtors

2024
2023
£
£


Other debtors
6,925
35,452



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
12,038
6,533



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Amounts owed to group undertakings
374,310
374,310


 
Page 6