Samphire Cargo Limited - Filleted accounts

Registered number

04182406

Samphire Cargo Limited

Report and Unaudited Accounts

31 May 2025

Collins

Chartered Accountants

West Midlands

Samphire Cargo Limited
Registered number:		04182406
Balance Sheet
as at 31 May 2025

		31-May		31-May
Notes		2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		41,393		60,738

Current assets
Debtors	5	632,257		609,502
Cash at bank and in hand		434,079		697,332
		1,066,336		1,306,834

Creditors: amounts falling due within one year	6	(872,496)		(651,923)

Net current assets			193,840		654,911

Total assets less current liabilities			235,233		715,649


Provisions for liabilities			(6,098)		(10,781)

Net assets			229,135		704,868

Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			228,135		703,868

Shareholders' funds			229,135		704,868

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



S K Beechener
Director
Approved by the board on 2 October 2025

Samphire Cargo Limited
Notes to the Accounts
for the year ended 31 May 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102 (as applicable to small companies), The Financial Reporting Standard applicable in the UK and Republic of Ireland.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover comprises revenue earned from the provision of services which are recognised when the service is performed.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets,at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% reducing balance
	Motor vehicles	25% reducing balance
	Leasehold Improvements	20% Straight Line

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 reporting date and that are expected to apply to the reversal of the timing difference.Current and deferred tax assets and liabilities are not discounted.

	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.
	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			21		19


3	Tangible fixed assets
		Leasehold Improvements		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 June 2024	17,391		92,818		110,209
	Additions	-		2,050		2,050
	Disposals	-		(30,503)		(30,503)
	At 31 May 2025	17,391		64,365		81,756

	Depreciation
	At 1 June 2024	5,217		44,254		49,471
	Charge for the year	1,217		20,178		21,395
	On disposals	-		(30,503)		(30,503)
	At 31 May 2025	6,434		33,929		40,363

	Net book value
	At 31 May 2025	10,957		30,436		41,393
	At 31 May 2024	12,174		48,564		60,738




4	Investments

Other
investments
£
	Cost
	Additions					954,873
	Impairment					(954,873)

	At 31 May 2025					-


5	Debtors			2025		2024
£					£

	Trade debtors			455,907		424,002
	Amounts owed by group undertakings			134,053		155,684
	VAT			8,264		10,005
	Prepayments and accrued income			34,033		15,402
	Other debtors			-		4,409
				632,257		609,502



6	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			256,525		314,480
	Amounts owed to group undertakings			459,270		76,841
	Corporation tax			75,468		85,508
	Other taxes and social security costs			34,783		58,406
	Accruals and deferred income			46,450		116,688
				872,496		651,923


7	Other financial commitments			2025		2024
£					£

	Total future minimum payments under non-cancellable operating leases			17,500		47,500


8	Controlling party

	The company is a subsidiary of EJR Group Limited,a company incorporated in England & Wales.The Registered office of the company is The Lodge,Castle Bromwich Hall,Chester Road,Castle Bromwich, West Midlands. B36 9DE.


9	Other information

	Samphire Cargo Limited is a private company limited by shares and incorporated in England. Its registered office is:
	White Cliffs House,
	Poulton Close
	Dover
	England
	CT17 0HL