REGISTERED NUMBER: 05370733 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

SAMS FAST FOODS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr B K Chandrasinghe

Mrs D N C Chandrasinghe

Mr S A Chandrasinghe

Miss N S Chandrasinghe

REGISTERED OFFICE:

9 Atcost Road

Barking

IG11 0EQ

REGISTERED NUMBER:

05370733 (England and Wales)

ACCOUNTANTS:

Murugesu Associates

Accountants

77 Milson Road

West Kensington

London

W14 0LH

FIXED ASSETS

Tangible assets

4

182,733

122,095

CURRENT ASSETS

Stocks

814,502

746,589

Debtors

5

2,443,174

2,311,004

Prepayments and accrued income

8,927

18,484

Cash at bank and in hand

9,286

1,618

3,275,889

3,077,695

CREDITORS

Amounts falling due within one year

6

2,213,151

2,012,895

NET CURRENT ASSETS

1,062,738

1,064,800

TOTAL ASSETS LESS CURRENT LIABILITIES

1,245,471

1,186,895

CREDITORS

Amounts falling due after more than one year

7

(167,593

)

(139,266

)

PROVISIONS FOR LIABILITIES

(24,706

)

(24,706

)

NET ASSETS

1,053,172

1,022,923

CAPITAL AND RESERVES

Called up share capital

8

10,000

10,000

Retained earnings

9

1,043,172

1,012,923

SHAREHOLDERS' FUNDS

1,053,172

1,022,923

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 29 December 2025 and were signed on its behalf by:

Mr B K Chandrasinghe - Director

1.	STATUTORY INFORMATION

Sams Fast Foods 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

in accordance with the property

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under HP contracts are depreciated over there estimated useful life. Those held under finance leases are depreciated over there estimated useful life or the lease term, which ever is the shortest.

The interest element of those obligations are charged to the profit and loss account over the relevant period, the capital element of the future payment is treated as a liability.

Rental paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 42 (2024 - 28 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 April 2024

15,735

255,006

201,345

Additions

-

90,085

25,666

At 31 March 2025

15,735

345,091

227,011

DEPRECIATION

At 1 April 2024

15,735

244,381

193,717

Charge for year

-

25,178

8,324

At 31 March 2025

15,735

269,559

202,041

NET BOOK VALUE

At 31 March 2025

-

75,532

24,970

At 31 March 2024

-

10,625

7,628

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

230,332

74,250

776,668

Additions

5,800

-

121,551

At 31 March 2025

236,132

74,250

898,219

DEPRECIATION

At 1 April 2024

139,975

60,765

654,573

Charge for year

24,040

3,371

60,913

At 31 March 2025

164,015

64,136

715,486

NET BOOK VALUE

At 31 March 2025

72,117

10,114

182,733

At 31 March 2024

90,357

13,485

122,095

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,384,624

2,261,454

Other debtors

58,550

49,550

2,443,174

2,311,004

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

171,014

251,763

Other loans

51,293

22,077

Trade creditors

1,620,952

1,472,492

Tax

31,615

29,612

Social security and other taxes

51,108

23,658

Pension payable

2,664

-

VAT

20,083

12,437

Other creditors

167,751

63,000

Net wages control

-

1,185

Directors' current accounts

80,671

120,671

Accrued expenses

16,000

16,000

2,213,151

2,012,895

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

-

7,418

Other loans - 2-5 years

167,593

131,848

167,593

139,266

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

10,000

Ordinary

£1

10,000

10,000

9.

RESERVES

Retained

earnings

£

At 1 April 2024

1,012,923

Profit for the year

30,249

At 31 March 2025

1,043,172