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REGISTERED NUMBER: 05615192 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

SPECIFIER SAMPLES LIMITED

SPECIFIER SAMPLES LIMITED (REGISTERED NUMBER: 05615192)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


SPECIFIER SAMPLES LIMITED (REGISTERED NUMBER: 05615192)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 115,719 101,654

CURRENT ASSETS
Stocks 25,585 22,501
Debtors 5 109,798 75,500
Cash at bank 224,320 275,891
359,703 373,892
CREDITORS
Amounts falling due within one year 6 (29,571 ) (40,552 )
NET CURRENT ASSETS 330,132 333,340
TOTAL ASSETS LESS CURRENT
LIABILITIES

445,851

434,994

CREDITORS
Amounts falling due after more than one
year

7

(72,143

)

(33,971

)

PROVISIONS FOR LIABILITIES (5,722 ) (23,826 )
NET ASSETS 367,986 377,197

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 367,886 377,097
SHAREHOLDERS' FUNDS 367,986 377,197

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

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

SPECIFIER SAMPLES LIMITED (REGISTERED NUMBER: 05615192)

BALANCE SHEET - continued
30 NOVEMBER 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 and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2025 and were signed on its behalf by:





T M C Mummery - Director


SPECIFIER SAMPLES LIMITED (REGISTERED NUMBER: 05615192)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024


1. STATUTORY INFORMATION

Specifier Samples Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 05615192

Registered office: Unit G1
Tudor Road
Altrincham Business Park
Broadheath
WA14 5RZ

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 represents net invoiced sales of goods, excluding value added tax. Invoices are raised when the customer takes title to the goods and accepts liability for their payment.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold improvements - over the life of the lease
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

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 Profit and 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.


SPECIFIER SAMPLES LIMITED (REGISTERED NUMBER: 05615192)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


2. ACCOUNTING POLICIES - continued
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.

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.

Operating lease commitments
Payments made under operating leases are charged to the profit and loss account on a straight line basis over the lease term.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Leasehold Plant and and
improvements machinery fittings
£    £    £   
COST
At 1 December 2023 44,877 59,053 15,340
Additions - 975 186
Disposals - - (34 )
At 30 November 2024 44,877 60,028 15,492
DEPRECIATION
At 1 December 2023 30,319 51,994 6,303
Charge for year 4,488 1,907 1,365
Eliminated on disposal - - (34 )
At 30 November 2024 34,807 53,901 7,634
NET BOOK VALUE
At 30 November 2024 10,070 6,127 7,858
At 30 November 2023 14,558 7,059 9,037

SPECIFIER SAMPLES LIMITED (REGISTERED NUMBER: 05615192)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 December 2023 98,179 9,536 226,985
Additions 91,664 - 92,825
Disposals (98,179 ) - (98,213 )
At 30 November 2024 91,664 9,536 221,597
DEPRECIATION
At 1 December 2023 27,268 9,447 125,331
Charge for year 24,545 89 32,394
Eliminated on disposal (51,813 ) - (51,847 )
At 30 November 2024 - 9,536 105,878
NET BOOK VALUE
At 30 November 2024 91,664 - 115,719
At 30 November 2023 70,911 89 101,654

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 94,546 64,995
Other debtors 6,906 3,057
Prepayments and accrued income 8,346 7,448
109,798 75,500

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 6,985 11,757
Tax 11,287 12,047
Social security and other taxes 8,832 14,173
Other creditors 367 855
Accrued expenses 2,100 1,720
29,571 40,552

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 72,143 33,971

SPECIFIER SAMPLES LIMITED (REGISTERED NUMBER: 05615192)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase
contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 6,985 11,757
Between one and five years 72,143 33,971
79,128 45,728

Non-cancellable
operating leases
2024 2023
£    £   
Within one year 45,131 45,131
Between one and five years 50,772 95,903
95,903 141,034