REGISTERED NUMBER: 04619651 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

R SAMSON & SONS LTD

Page

Balance sheet

1

Notes to the financial statements

3

Fixed assets

Intangible assets

4

-

-

Tangible assets

5

24,070

27,613

24,070

27,613

Current assets

Debtors

6

141,650

108,936

Cash at bank

18,737

30,830

160,387

139,766

Creditors

Amounts falling due within one year

7

56,981

36,543

Net current assets

103,406

103,223

Total assets less current liabilities

127,476

130,836

Creditors

Amounts falling due after more than one year

8

(4,167

)

(14,167

)

Provisions for liabilities

9

(5,304

)

(5,042

)

Net assets

118,005

111,627

Capital and reserves

Called up share capital

10

102

102

Retained earnings

117,903

111,525

Shareholders' funds

118,005

111,627

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 September 2025 and were signed by:

Mr I Samson - Director

1.	Statutory information

R Samson and Sons Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number is 04619651. The Registered Office address is, 7 & 8 Church Street, Wimborne, Dorset, BH21 1JH and business address, is 68 Cobham Road, Ferndown Industrial Estate, Wimborne, Dorset, BH21 7QJ.

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 represents the net amounts invoiced for removal services during the year, excluding value added tax.

Goodwill

The goodwill, being the amount paid in connection with the acquisition of the business in 2003, has been fully amortised.

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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

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.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 8 (2023 - 9 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 January 2024

and 31 December 2024

74,000

Amortisation

At 1 January 2024

and 31 December 2024

74,000

Net book value

At 31 December 2024

-

At 31 December 2023

-

5.	Tangible fixed assets

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

Cost

At 1 January 2024

7,063

8,857

158,465

174,385

Additions

700

4,588

-

5,288

Disposals

(795

)

(4,199

)

-

(4,994

)

At 31 December 2024

6,968

9,246

158,465

174,679

Depreciation

At 1 January 2024

5,161

6,278

135,333

146,772

Charge for year

567

1,674

5,783

8,024

Eliminated on disposal

(460

)

(3,727

)

-

(4,187

)

At 31 December 2024

5,268

4,225

141,116

150,609

Net book value

At 31 December 2024

1,700

5,021

17,349

24,070

At 31 December 2023

1,902

2,579

23,132

27,613

6.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

4,433

4,818

Other debtors

137,217

42,000

Directors' current accounts

-

62,118

141,650

108,936

7.

Creditors: amounts falling due within one year

2024

2023

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

895

6,649

Tax

18,992

2,459

Social security and other taxes

2,538

2,225

VAT

14,057

11,551

Other creditors

446

514

Directors' current accounts

6,908

-

Accruals and deferred income

3,145

3,145

56,981

36,543

8.

Creditors: amounts falling due after more than one year

2024

2023

£

£

Bank loans - 1-2 years

4,167

10,000

Bank loans - 2-5 years

-

4,167

4,167

14,167

9.	Provisions for liabilities

2024

2023

£

£

Deferred tax

5,304

5,042

Deferred

tax

£

Balance at 1 January 2024

5,042

Provided during year

262

Balance at 31 December 2024

5,304

10.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

1

"A" Ordinary

£1

1

1

1

"B" Ordinary

£1

1

1

102

102

11.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

Mr I Samson

Balance outstanding at start of year

62,118

9,961

Amounts advanced

-

110,777

Amounts repaid

(62,118

)

(58,620

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

62,118

At the balance sheet date the Director, Mr I Samson, owed the company £NIL (2023: £62,118).

The maximum amount outstanding at any point during the year was £62,118.

12.	Ultimate controlling party

The company is controlled by the director Mr I Samson who owns 51% of the issued voting share capital.