SAMP TECHNOLOGY LIMITED


Director	BUCHEL, Ian Bernard


Registered Address	One
	Lime Street
	London
	EC3M 7HA


Registered Number	13414467 (England and Wales)

Balance Sheet as at
28 February 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		706,166		-
Tangible assets	4		3,992		1,883
Investments	5		4,095		-
			714,253		1,883
Current assets
Debtors	6	13,286		45,631
Cash at bank and on hand		6,410		20,315
		19,696		65,946
Creditors amounts falling due within one year	7	(90,704)		(136,990)
Net current assets (liabilities)			(71,008)		(71,044)
Total assets less current liabilities			643,245		(69,161)
Creditors amounts falling due after one year	8		(2,459,103)		(1,239,276)
Provisions for liabilities	9		(11,071)		-
Net assets			(1,826,929)		(1,308,437)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(1,827,029)		(1,308,537)
Shareholders' funds			(1,826,929)		(1,308,437)

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 3 September 2025, and are signed on its behalf by:

BUCHEL, Ian Bernard
Director
Registered Company No. 13414467

SAMP TECHNOLOGY LIMITED

Notes to the Financial Statements
for the year ended 28 February 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Intangible assets are capitalised Research and Development Costs stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account. Amortisation is provided at 25% on the Straight Line Basis

Intangible assets

Intangible assets are capitalised Research and Development Costs stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

Amortisation is provided at 25% on the Straight Line Basis

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows: Computer Equipment : 33.33% on the Straight Line Basis

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Computer Equipment : 33.33% on the Straight Line Basis

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	7		6

3.	Intangible assets

		Total
		£
	Cost or valuation
	Additions	941,555
	At 28 February 25	941,555
	Amortisation and impairment
	Charge for year	235,389
	At 28 February 25	235,389
	Net book value
	At 28 February 25	706,166
	At 29 February 24	-

4.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 March 24	1,896
	Additions	3,069
	At 28 February 25	4,965
	Depreciation and impairment
	At 01 March 24	13
	Charge for year	960
	At 28 February 25	973
	Net book value
	At 28 February 25	3,992
	At 29 February 24	1,883

5.	Fixed asset investments

		Total
		£
	Cost or valuation
	Additions	4,095
	At 28 February 25	4,095
	Net book value
	At 28 February 25	4,095
	At 29 February 24	-

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	13,286	35,995
Other debtors	-	8,211
Prepayments and accrued income	-	1,425
Total	13,286	45,631

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	51,418	46,955
Taxation and social security	18,353	65,629
Other creditors	18,725	24,118
Accrued liabilities and deferred income	2,208	288
Total	90,704	136,990

8.	Creditors: amounts due after one year

	2025	2024
	£	£
Amounts owed to related parties	2,459,103	1,239,276
Total	2,459,103	1,239,276

9.	Provisions for liabilities
	This comprises a provision for doubtful debts.

	2025	2024
	£	£
Other provisions	11,071	-
Total	11,071	-