Sam Carlo U.K Ltd - Filleted accounts

Registered number

12909440

Sam Carlo U.K Ltd

Filleted Accounts

31 December 2024

Sam Carlo U.K Ltd
Registered number:		12909440
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Intangible assets	3		4,360			6,540
Tangible assets	4		-			1,100
			4,360			7,640

Current assets
Stocks		44,000			69,000
Debtors	5	2,700			925
Cash at bank and in hand		9,044			13,555
		55,744			83,480

Creditors: amounts falling due within one year	6	(68,195)			(107,869)

Net current liabilities			(12,451)			(24,389)

Net liabilities			(8,091)			(16,749)

Capital and reserves
Called up share capital			2			2
Profit and loss account			(8,093)			(16,751)

Shareholders' funds			(8,091)			(16,749)

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.




C Newell
Director
Approved by the board on 9 September 2025

Sam Carlo U.K Ltd
Notes to the Accounts
for the year ended 31 December 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).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	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:

	Fixtures, fittings and equipment		over 3 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. probable that they will be recovered against the reversal of future taxable profits.


2	Employees			2024		2023
Number					Number

	Average number of persons employed by the company			6		5


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 January 2024					10,900
	At 31 December 2024					10,900

	Amortisation
	At 1 January 2024					4,360
	Provided during the year					2,180
	At 31 December 2024					6,540

	Net book value
	At 31 December 2024					4,360
	At 31 December 2023					6,540

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
						Fixtures, fittings & equipment
£
	Cost
	At 1 January 2024					3,300
	At 31 December 2024					3,300

	Depreciation
	At 1 January 2024					2,200
	Charge for the year					1,100
	At 31 December 2024					3,300

	Net book value
	At 31 December 2024					-
	At 31 December 2023					1,100


5	Debtors			2024		2023
£					£

	Other debtors			2,700		925


6	Creditors: amounts falling due within one year			2024		2023
£					£

	Taxation and social security costs			18,175		21,717
	Accruals and other creditors			50,020		86,152
				68,195		107,869



7	Controlling party

	The company is controlled by the directors who own the entire share capital of the company in equal instalments.


8	Other information

	Sam Carlo U.K Ltd is a private company limited by shares and incorporated in England. Its registered office is:

	Devonshire House
	Manor Way
	Borehamwood
	Hertfordshire
	WD6 1QQ


		.