REGISTERED NUMBER: 15303175 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 22 NOVEMBER 2023 TO 30 APRIL 2025

FOR

SAHAM ASSET MANAGEMENT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs D Tooke

R J Tooke

REGISTERED OFFICE:

Lothing House

7 Quay View Business Park

Barnards Way

Lowestoft

Suffolk

NR32 2HD

REGISTERED NUMBER:

15303175 (England and Wales)

ACCOUNTANTS:

Juler Tooke

Lothing House

Quay View Business Park

Barnards Way

Lowestoft

Suffolk

NR32 2HD

FIXED ASSETS

Tangible assets

4

560,000

CURRENT ASSETS

Cash at bank

1,206

CREDITORS

Amounts falling due within one year

5

(493,763

)

NET CURRENT LIABILITIES

(492,557

)

TOTAL ASSETS LESS CURRENT LIABILITIES

67,443

PROVISIONS FOR LIABILITIES

(34,804

)

NET ASSETS

32,639

CAPITAL AND RESERVES

Called up share capital

6

100

Fair value reserve

7

104,412

Retained earnings

7

(71,873

)

SHAREHOLDERS' FUNDS

32,639

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 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 12 September 2025 and were signed on its behalf by:

Mrs D Tooke - Director

1.	STATUTORY INFORMATION

Saham Asset Management Ltd 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 as modified by the revaluation of certain assets.

Tangible fixed assets

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

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST OR VALUATION

Additions

420,785

Revaluations

139,215

At 30 April 2025

560,000

NET BOOK VALUE

At 30 April 2025

560,000

Cost or valuation at 30 April 2025 is represented by:

Land and

buildings

£

Valuation in 2025

139,215

Cost

420,785

560,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

899

Taxation and social security

434

Other creditors

492,430

493,763

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary A

£1

100

100 Ordinary A shares of £1 each were allotted and fully paid for cash at par during the period.

7.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

Profit for the period

32,539

32,539

Fair value reserve

(104,412

)

104,412

-

At 30 April 2025

(71,873

)

104,412

32,539