SAM CAR RENTAL LTD

Company Registration Number:
15234999 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 25 October 2023

End date: 31 October 2024

SAM CAR RENTAL LTD

Company Information

for the Period Ended 31 October 2024




Director: Samayha Abrar
Registered office: 12a
Waterloo Street
Oldham
England
OL1 1SQ
Company Registration Number: 15234999 (England and Wales)

SAM CAR RENTAL LTD

Directors' Report Period Ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Additional information

The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations. Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) and have elected to prepare the Company financial statements on the same basis. Under company law the directors must only approve the accounts and financial statements when satisfied they give a true and fair view of the state of affairs of the company for that period. In preparing accounts and financial statements the directors are required to: - select suitable accounting policies and then apply them consistently. - make judgements and estimates that are reasonable and prudent. - prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping appropriate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the company and to prevent and detect fraud and other irregularities. The directors are also responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the UK governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Directors

The director(s) shown below were appointed to the company during the period
Samayha Abrar
25 October 2023

This report was approved by the board of directors on 31 August 2025
And Signed On Behalf Of The Board By:

Name: Samayha Abrar
Status: Director

SAM CAR RENTAL LTD

Profit and Loss Account

for the Period Ended 31 October 2024


Notes

2024
£
Turnover 116,420
Cost of sales ( 344,139 )
Gross Profit or (Loss) ( 227,719 )
Income from coronavirus (COVID-19) business support grants 0
Administrative Expenses ( 117,962 )
Operating Profit or (Loss) ( 345,681 )
Interest Payable and Similar Charges ( 28,553 )
Profit or (Loss) Before Tax 4 ( 374,234 )
Profit or (Loss) for Period ( 374,234 )

The notes form part of these financial statements

SAM CAR RENTAL LTD

Balance sheet

As at 31 October 2024


Notes

2024
£
Fixed assets
Tangible assets: 5 315,807
Total fixed assets: 315,807
Current assets
Cash at bank and in hand: 14,500
Total current assets: 14,500
Creditors: amounts falling due within one year: 6 ( 297,990 )
Net current assets (liabilities): ( 283,490 )
Total assets less current liabilities: 32,317
Creditors: amounts falling due after more than one year: 7 ( 188,324 )
Provision for liabilities: ( 156,022 )
Total net assets (liabilities): ( 312,029 )

The notes form part of these financial statements

SAM CAR RENTAL LTD

Balance sheet continued

As at 31 October 2024


Notes

2024
£
Capital and reserves
Called up share capital: 62,206
Profit and loss account: ( 374,235 )
Shareholders funds: ( 312,029 )

For the year ending 31 October 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 31 August 2025
And Signed On Behalf Of The Board By:

Name: Samayha Abrar
Status: Director

The notes form part of these financial statements

SAM CAR RENTAL LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    Bank Statements Invoicing And Management Accounts

SAM CAR RENTAL LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees


    2024
    Average number of employees during the period 2

SAM CAR RENTAL LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 3. Off balance sheet disclosure

    No

SAM CAR RENTAL LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

4.Profit or (Loss) before tax

This Figure includes hire purchases and lease purchases on all vehicles

SAM CAR RENTAL LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Tangible assets

Motor vehicles Total
Cost £ £
Additions 315,807 315,807
Disposals - -
Revaluations - -
Transfers - -
At 31 October 2024 315,807 315,807
Depreciation
Charge for year - -
On disposals - -
Other adjustments - -
At 31 October 2024 - -
Net book value
At 31 October 2024 315,807 315,807

All vehicles purchased on HP And Lease Purchases

SAM CAR RENTAL LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

6.Creditors: amounts falling due within one year note


2024
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 297,990
Total 297,990

Amounts Falling Due to CLOSE BROTHERS ASSET FINANCE And Liquid Fleet

SAM CAR RENTAL LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

7.Creditors: amounts falling due after more than one year


2024
£
Amounts due under finance leases and hire purchase contracts 188,324
Total 188,324