31 December 2023 false No description of principal activity Taxfiler 2024.6 09696812business:PrivateLimitedCompanyLtd2023-12-312024-12-30 096968122023-12-30 096968122023-12-312024-12-30 09696812business:AuditExemptWithAccountantsReport2023-12-312024-12-30 09696812business:FilletedAccounts2023-12-312024-12-30 096968122024-12-30 09696812business:Director12023-12-312024-12-30 09696812business:Director22023-12-312024-12-30 09696812business:RegisteredOffice2023-12-312024-12-30 096968122023-12-30 09696812core:WithinOneYear2024-12-30 09696812core:WithinOneYear2023-12-30 09696812core:AfterOneYear2024-12-30 09696812core:AfterOneYear2023-12-30 09696812core:ShareCapitalcore:PreviouslyStatedAmount2024-12-30 09696812core:ShareCapitalcore:PreviouslyStatedAmount2023-12-30 09696812core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-30 09696812core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-30 09696812core:PreviouslyStatedAmount2024-12-30 09696812core:PreviouslyStatedAmount2023-12-30 09696812business:SmallEntities2023-12-312024-12-30 09696812countries:EnglandWales2023-12-312024-12-30 09696812core:MotorVehicles2023-12-312024-12-30 09696812core:ComputerEquipment2023-12-312024-12-30 09696812core:MotorVehicles2023-12-30 09696812core:ComputerEquipment2023-12-30 09696812core:MotorVehicles2024-12-30 09696812core:ComputerEquipment2024-12-30 096968122022-12-312023-12-30 iso4217:GBP xbrli:pure
Company Registration No. 09696812 (England and Wales)
SAMII FOODS LIMITED Unaudited accounts for the year ended 30 December 2024
SAMII FOODS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
SAMII FOODS LIMITED Company Information for the year ended 30 December 2024
Directors
Samson Tak Keung Yu Man Kit Tam
Company Number
09696812 (England and Wales)
Registered Office
65 Shire Ridge Walsall Wood Walsall WS9 9RA
Accountants
Alan Tsang Chartered Accountant 8 Thamesdale London Colney St Albans Herts AL2 1TB
- 3 -
SAMII FOODS LIMITED Statement of financial position as at 30 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
21,509 
32,803 
Current assets
Debtors
5
42,503 
44,093 
Cash at bank and in hand
16,128 
38,494 
58,631 
82,587 
Creditors: amounts falling due within one year
6
(18,892)
(18,531)
Net current assets
39,739 
64,056 
Total assets less current liabilities
61,248 
96,859 
Creditors: amounts falling due after more than one year
7
(25,381)
(44,948)
Net assets
35,867 
51,911 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
35,857 
51,901 
Shareholders' funds
35,867 
51,911 
For the year ending 30 December 2024 the company was entitled to exemption from audit 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 September 2025 and were signed on its behalf by
Samson Tak Keung Yu Director Company Registration No. 09696812
- 4 -
SAMII FOODS LIMITED Notes to the Accounts for the year ended 30 December 2024
1
Statutory information
SAMII FOODS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09696812. The registered office is 65 Shire Ridge, Walsall Wood, Walsall, WS9 9RA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Computer equipment
20% straight line basis
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover 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.
- 5 -
SAMII FOODS LIMITED Notes to the Accounts for the year ended 30 December 2024
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 31 December 2023
55,280 
899 
56,179 
Additions
9,000 
- 
9,000 
Disposals
(15,000)
- 
(15,000)
At 30 December 2024
49,280 
899 
50,179 
Depreciation
At 31 December 2023
22,478 
898 
23,376 
Charge for the year
7,169 
- 
7,169 
On disposals
(1,875)
- 
(1,875)
At 30 December 2024
27,772 
898 
28,670 
Net book value
At 30 December 2024
21,508 
1 
21,509 
At 30 December 2023
32,802 
1 
32,803 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
6,440 
5,828 
Trade debtors
36,063 
38,265 
42,503 
44,093 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
8,556 
11,938 
Loans from directors
9,156 
5,413 
Accruals
1,180 
1,180 
18,892 
18,531 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
15,482 
25,214 
Obligations under finance leases and hire purchase contracts
9,899 
19,734 
25,381 
44,948 
8
Average number of employees
During the year the average number of employees was 3 (2023: 2).
- 6 -