Sample Holdings Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03112911 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SAMPLE HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D S Sample

REGISTERED OFFICE:

5 Goldington Road

Bedford

Bedfordshire

MK40 3JY

REGISTERED NUMBER:

03112911 (England and Wales)

ACCOUNTANTS:

Rawlinson Pryde Limited

Chartered Accountants

Argent House

5 Goldington Road

Bedford

Bedfordshire

MK40 3JY

FIXED ASSETS

Investments

4

629,821

Investment property

5

790,000

1,419,821

CURRENT ASSETS

Debtors

6

496,892

847,665

Cash at bank

574,783

273,375

1,071,675

1,121,040

CREDITORS

Amounts falling due within one year

7

124,435

90,565

NET CURRENT ASSETS

947,240

1,030,475

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,367,061

2,450,296

CAPITAL AND RESERVES

Called up share capital

245

255

Capital redemption reserve

155

145

Fair value reserve

8

334,842

Retained earnings

2,031,819

2,115,054

SHAREHOLDERS' FUNDS

2,367,061

2,450,296

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2025 and were signed by:

D S Sample - Director

1.	STATUTORY INFORMATION

Sample Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about Sample Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents management charges receivable excluding value added tax.

Investments in subsidiaries and associates

Investments in subsidiary and associate undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

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

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

If an arrangement constitutes a financing transaction it is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. The present value of a financial asset or financial liability that is repayable on demand is equal to the undiscounted cash amount expected to be paid or received. paid or received.

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.

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.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

Interest

group

in

undertakings

associate

Totals

£

COST

At 1 January 2024

and 31 December 2024

629,784

37

629,821

NET BOOK VALUE

At 31 December 2024

629,784

37

629,821

At 31 December 2023

629,784

37

629,821

All of the company's fixed assets investments are unlisted and stated at cost as, in the opinion of the director, no market value readily exists.

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

790,000

NET BOOK VALUE

At 31 December 2024

790,000

At 31 December 2023

790,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2016

30,000

Valuation in 2018

20,000

Cost

740,000

790,000

If investment property had not been revalued it would have been included at the following historical cost:

31.12.24

31.12.23

£

Cost

695,000

Historical investment property was valued on market value basis on 10 October 2018 by Kirkby Diamond .

In the opinion of the director, the valuation of the investment property was not materially different at 31 December 2024.

6.

DEBTORS

31.12.24

31.12.23

£

Amounts falling due within one year:

Amounts owed by group undertakings

404,767

709,032

Amounts owed by associates

56,934

Directors' current accounts

-

39,782

S455 corp tax recoverable

-

6,750

Prepayments

191

167

461,892

812,665

Amounts falling due after more than one year:

Other loan debtors

35,000

Aggregate amounts

496,892

847,665

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Tax

28,922

29,414

Social security and other taxes

21,395

10,138

VAT

16,000

Directors' current accounts

852

-

Accrued expenses

57,266

35,013

124,435

90,565

8.

RESERVES

Fair

value

reserve

£

At 1 January 2024

and 31 December 2024

334,842

9.	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:

31.12.24

31.12.23

£

D S Sample

Balance outstanding at start of year

39,782

49,965

Amounts advanced

181,366

49,317

Amounts repaid

(222,000

)

(59,500

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(852

)

39,782

The above loan is unsecured, repayable on demand and interest is payable to the company at the official HMRC beneficial loan interest rates.

10.	COMPANY SHARE BUY BACK

On 18th June 2024 the company redeemed at a premium 10 Ordinary Shares at a total redemption cost of £150,000.