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Registration number: 14706559

Samphire Advisory Limited Unaudited Financial Statements for the Year Ended 31 March 2025
Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

Samphire Advisory Limited

Contents

Company Information | 1
Statement of Financial Position | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 6

Samphire Advisory Limited

Company Information

Directors | D A Robins S C Robins

Registered office | 130 Shaftesbury Avenue 2nd Floor London W1D 5EU

Accountants | Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

Samphire Advisory Limited

Statement of Financial Position as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 928 | 1,237
Current assets |  |  |
Debtors | 5 | 37,506 | 64,456
Cash at bank and in hand |  | 4,456 | 211
|  | 41,962 | 64,667
Creditors: Amounts falling due within one year | 6 | (31,752) | (35,234)
Net current assets |  | 10,210 | 29,433
Total assets less current liabilities |  | 11,138 | 30,670
Provisions for liabilities |  | (176) | (309)
Net assets |  | 10,962 | 30,361
Capital and reserves |  |  |
Called up share capital |  | 2 | 2
Retained earnings |  | 10,960 | 30,359
Shareholders' funds |  | 10,962 | 30,361

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The directors of Samphire Advisory Limited have elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Samphire Advisory Limited

Statement of Financial Position as at 31 March 2025

Approved and authorised by the Board on 30 October 2025 and signed on its behalf by:

.........................................

D A Robins

Director

Company registration number: 14706559

Samphire Advisory Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

The principal activity of the company is the provision of legal and risk consultancy services.

2 | Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Samphire Advisory Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Furniture, fittings and equipment | 20% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company during the year, was 2 (2024 - 2).

Samphire Advisory Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
Additions | 1,546 | 1,546
At 31 March 2025 | 1,546 | 1,546
Depreciation
At 1 April 2024 | 309 | 309
Charge for the year | 309 | 309
At 31 March 2025 | 618 | 618
Carrying amount
At 31 March 2025 | 928 | 928
At 31 March 2024 | 1,237 | 1,237

5 | Debtors

| 2025 £ | 2024 £
Trade debtors | - | 8,750
Other debtors | 37,506 | 55,706
| 37,506 | 64,456

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Taxation and social security | 3,613 | 6,794
Accruals and deferred income | 28,139 | 28,440
| 31,752 | 35,234

7 | Related party transactions

At 31 March 2025 an amount of £37,504 was due from the directors. During the year there were advances of £53,950 and repayments of £73,720. Interest amounting to £1,570 charged at 2.25% p.a. is due to the company. There are no agreed terms and the outstanding amount was repaid in full subsequent to the year end.