Company Registration No. 02561741 (England and Wales)
Daniel Sam Limited
Unaudited accounts
for the year ended 31 December 2024
Daniel Sam Limited
Unaudited accounts
Contents
Daniel Sam Limited
Company Information
for the year ended 31 December 2024
Company Number
02561741 (England and Wales)
Registered Office
61 Plodder Lane
Farnworth
BL4 0BX
Daniel Sam Limited
Statement of financial position
as at 31 December 2024
Tangible assets
85,022
85,028
Cash at bank and in hand
19,610
8,699
Creditors: amounts falling due within one year
(38,729)
(50,652)
Net current assets/(liabilities)
4,808
(32,585)
Total assets less current liabilities
89,830
52,443
Creditors: amounts falling due after more than one year
(11,476)
(11,822)
Provisions for liabilities
Called up share capital
1,000
1,000
Profit and loss account
76,699
38,965
Shareholders' funds
77,699
39,965
For the year ending 31 December 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 September 2025 and were signed on its behalf by
G Daniel-Sam
Director
Company Registration No. 02561741
Daniel Sam Limited
Notes to the Accounts
for the year ended 31 December 2024
Daniel Sam Limited is a private company, limited by shares, registered in England and Wales, registration number 02561741. The registered office is 61 Plodder Lane, Farnworth, BL4 0BX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
not provided
Computer equipment
20% on reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Daniel Sam Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
81,573
10,667
92,240
At 31 December 2024
81,573
11,436
93,009
At 1 January 2024
-
7,212
7,212
Charge for the year
-
775
775
At 31 December 2024
-
7,987
7,987
At 31 December 2024
81,573
3,449
85,022
At 31 December 2023
81,573
3,455
85,028
Amounts falling due within one year
Accrued income and prepayments
1,986
930
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,383
3,664
Taxes and social security
21,068
7,891
Loans from directors
-
29,343
7
Creditors: amounts falling due after more than one year
2024
2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Daniel Sam Limited
Notes to the Accounts
for the year ended 31 December 2024
9
Average number of employees
During the year the average number of employees was 5 (2023: 5).