Samliv Property Services Limited

Registered number

08953466

Filleted Accounts

31 March 2025

Samliv Property Services Limited
Registered number:		08953466
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed Assets
Intangible Assets	3		1			1
Tangible Assets	4		17,517			7,106
			17,518			7,107

Current Assets
Debtors	5	21,066			21,610
Bank and Cash		10,570			3,340
		31,636			24,950

Creditors: Due Within One Year	6	(27,882)			(20,960)

Net Current Assets			3,754			3,990

Total assets less current liabilities			21,272			11,097

Creditors: Over One Year	7		(20,479)			(10,885)

Net Assets			793			212

Capital and Reserves
Called Up Share Capital			2			2
Profit and Loss Account			791			210

Shareholders' Funds			793			212

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.

___________________
Jamie Clitherow
Director
Approved by the board on 9 December 2025

Samliv Property Services Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting Policies

	Basis of Preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Intangible Fixed Assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.


	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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 and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	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 and subsequently measured at amortised cost determined using the effective interest method.

	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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


	Leased Assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	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					3		2


3	Intangible Fixed Assets							£
	Goodwill:

	Cost
	At 1 April 2024							25,000
	At 31 March 2025							25,000

	Amortisation
	At 1 April 2024							24,999
	At 31 March 2025							24,999

	Net Book Value
	At 31 March 2025							1
	At 31 March 2024							1

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible Fixed Assets
				Plant and Equipment		Motor Vehicles		Total
£					£		£
	Cost
	At 1 April 2024			773		15,582		16,355
	Additions			-		16,250		16,250
	At 31 March 2025			773		31,832		32,605

	Depreciation
	At 1 April 2024			240		9,009		9,249
	Charge for the year			133		5,706		5,839
	At 31 March 2025			373		14,715		15,088

	Net Book Values
	At 31 March 2025			400		17,117		17,517
	At 31 March 2024			533		6,573		7,106


5	Debtors					2025		2024
£							£

	Trade Debtors					18,804		4,969
	Other Debtors					2,262		16,641
						21,066		21,610


6	Creditors: Due Within One Year					2025		2024
£							£
	Bank loans and overdrafts					4,284		-
	Trade Creditors					3,500		2,008
	Taxes					12,633		4,251
	Other Creditors					7,465		14,701
						27,882		20,960


7	Creditors: Due Over One Year					2025		2024
£							£

	Bank Loans					20,479		10,885

8	Loans to Directors
B/fwd			Paid		Repaid		C/fwd
£			£		£		£
	Jamie Clitherow
	Loan taken in Sep' 2023	3,150		-		(3,150)		-
	Loan taken in Dec' 2023	1,500		-		(1,500)		-
	Loan taken in Mar' 2024	2,190		-		(2,190)		-
	Loan taken in Mar' 2025			1,131				1,131

	Louise Clitherow
	Loan taken in Sep' 2023	3,150		-		(3,150)		-
	Loan taken in Dec' 2023	1,500		-		(1,500)		-
	Loan taken in Mar' 2024	2,190		-		(2,190)		-
	Loan taken in Mar' 2025			1,131				1,131

		13,680		2,262		(13,680)		2,262


9	Other Information

	Samliv Property Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Eagle House, Cranleigh Close
	Sanderstead
	South Croydon
	CR2 9LH