REGISTERED NUMBER: 05954780 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

SAMUEL ESTATES (UK) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N S Samuel

P Ahearn

SECRETARY:

J Borrow

REGISTERED OFFICE:

30 Watermill Way

London

SW19 2RT

REGISTERED NUMBER:

05954780 (England and Wales)

ACCOUNTANTS:

Hartley Fowler LLP

Chartered Accountants

4th Floor Tuition House

27-37 St George's Road

Wimbledon

London

SW19 4EU

FIXED ASSETS

Intangible assets

4

790,772

944,543

Tangible assets

5

65,447

60,737

856,219

1,005,280

CURRENT ASSETS

Debtors

6

241,363

111,176

Cash at bank

973,219

576,204

1,214,582

687,380

CREDITORS

Amounts falling due within one year

7

592,781

505,440

NET CURRENT ASSETS

621,801

181,940

TOTAL ASSETS LESS CURRENT LIABILITIES

1,478,020

1,187,220

CREDITORS

Amounts falling due after more than one year

8

(28,545

)

(11,667

)

PROVISIONS FOR LIABILITIES

9

(14,608

)

(13,475

)

NET ASSETS

1,434,867

1,162,078

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

1,434,866

1,162,077

SHAREHOLDERS' FUNDS

1,434,867

1,162,078

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2025 and were signed on its behalf by:

N S Samuel - Director

1.	STATUTORY INFORMATION

Samuel Estates (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from services is recognised when the service is provided and the right to consideration earned.

Revenue from rents is recognised in the period to which it relates.

Goodwill

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Goodwill - 5 years straight line

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Financial instruments

Fixed asset investments are measure at fair value, with changes in fair value recognised in profit or loss.

Cash at bank is measured at transaction price.

Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit or loss account in other

administrative expenses.

Borrowings are initially recognised at transaction price, which includes any transaction costs. They are

subsequently measured at amortised cost using the effective interest method.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2024 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

2,760,369

Additions

125,664

At 31 March 2025

2,886,033

AMORTISATION

At 1 April 2024

1,815,826

Charge for year

279,435

At 31 March 2025

2,095,261

NET BOOK VALUE

At 31 March 2025

790,772

At 31 March 2024

944,543

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

434,983

Additions

26,594

At 31 March 2025

461,577

DEPRECIATION

At 1 April 2024

374,246

Charge for year

21,884

At 31 March 2025

396,130

NET BOOK VALUE

At 31 March 2025

65,447

At 31 March 2024

60,737

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

30,596

35,115

Other debtors

210,767

76,061

241,363

111,176

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

112,035

45,302

Trade creditors

70,446

45,300

Taxation and social security

382,972

356,488

Other creditors

27,328

58,350

592,781

505,440

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

28,545

11,667

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

14,608

13,475

Deferred

tax

£

Balance at 1 April 2024

13,475

Provided during year

1,133

Balance at 31 March 2025

14,608

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date a director owed the company £72,389 (2024: £23,073 owed to the director). The balance is unsecured, bears interest at a rate of 12% and has no fixed repayment terms.