REGISTERED NUMBER: 14262049 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

Samsoe Samsoe Commercial Street

London Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P S Rasmussen

REGISTERED OFFICE:

27 Old Gloucester Street

London

WC1N 3AX

REGISTERED NUMBER:

14262049 (England and Wales)

AUDITORS:

Try Lunn & Co

Chartered Accountants

and Statutory Auditors

Roland House

Princes Dock Street

HULL HU1 2LD

CURRENT ASSETS

Debtors

4

3,166

1,951

Cash at bank

7,616

-

10,782

1,951

CREDITORS

Amounts falling due within one year

5

27,014

13,424

NET CURRENT LIABILITIES

(16,232

)

(11,473

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(16,232

)

(11,473

)

CAPITAL AND RESERVES

Called up share capital

6

1

1

Retained earnings

7

(16,233

)

(11,474

)

SHAREHOLDERS' FUNDS

(16,232

)

(11,473

)

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 director and authorised for issue on 27 August 2025 and were signed by:

P S Rasmussen - Director

1.	STATUTORY INFORMATION

Samsoe Samsoe Commercial Street London 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.

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.

The company is reliant on the operational support of the ultimate parent company Samsoe & Samsoe Holdings A/S. The directors have obtained confirmation from Samsoe & Samsoe Holdings A/S that they will continue to support the company through its existing facilities for the foreseeable future. On this basis the financial statements have been prepared on the going concern basis.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

3,166

1,951

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

1,188

-

Amounts owed to group undertakings

24,221

11,924

Other creditors

1,605

1,500

27,014

13,424

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

Ordinary

£1

1

1

7.

RESERVES

Retained

earnings

£

At 1 January 2024

(11,474

)

Deficit for the year

(4,759

)

At 31 December 2024

(16,233

)

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Simon Moss FCCA (Senior Statutory Auditor)

for and on behalf of Try Lunn & Co

9.	RELATED PARTY DISCLOSURES

During the year a contribution to the company costs of £12,298 (2023 - £11,729) was made by Samsoe & Samsoe Holdings A/S, a group company registered in Denmark.

During the year interest of £497 (2023 - £195) has been accrued in respect of the above balance. This is calculated at a market rate of interest.

The amount due to Samsoe & Samsoe Holdings A/S at the year end was £24,221 (2023 - £11,924).

10.	ULTIMATE CONTROLLING PARTY

The immediate parent company is Samsoe & Samsoe UK Limited as they own 100% of the issued share capital.

The ultimate parent company is P & P Holdings A/S, consolidated accounts are available from Ryesgade 19C, 2200 Kobenhav N.

The company is ultimately controlled by Mr P Rasmussen.