ACCOUNTS - Final Accounts

Registered number: 02127052

SAM HARRIS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

SAM HARRIS LIMITED

REGISTERED NUMBER: 02127052

BALANCE SHEET

AS AT 30 SEPTEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Intangible fixed assets			21,144		23,337
			21,144		23,337
Current assets
Cash at bank and in hand	6	140,945		140,769
		140,945		140,769
Creditors: amounts falling due within one year	7	(108,960)		(108,248)
Net current assets			31,985		32,521
Total assets less current liabilities			53,129		55,858

Net assets			53,129		55,858

Capital and reserves
Called up share capital	8	100	100
Profit and loss account	9	53,029	55,758
		53,129	55,858

Page 1

SAM HARRIS LIMITED

REGISTERED NUMBER: 02127052

BALANCE SHEET (CONTINUED)

AS AT 30 SEPTEMBER 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 12 May 2026.

Mr A Pariser

Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

SAM HARRIS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

1.	General information

Sam Harris Limited ("the Company") is a company limited by shares, incorporated in England and Wales. Its registered office is Leytonstone House, Leytonstone, London, E11 1GA.

The Company's principal activity is that of a licensed bookmaker.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Revenue from betting activities represents the net gain or loss from betting activities in the period and is stated net of costs.

2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in the Statement of income and retained earnings when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

SAM HARRIS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2.Accounting policies (continued)

2.4

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Office equipment	-	20%	straight line
				Computer equipment	-	33%	straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.5

Intangible fixed assets

Intangible fixed assets are stated at cost less amortisation. Cost represents amounts paid to the National Joint Pitch Council for on-course pitch betting rights. The cost of these rights is to be amortised over a period of 20 years on a straight line basis.

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 5 (2024 - 5).

Page 4

SAM HARRIS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

4.	Intangible assets

		Betting rights
		£
	Cost
	At 1 October 2024	118,055
	At 30 September 2025	118,055
	Amortisation
	At 1 October 2024	94,718
	Charge for the year on owned assets	2,193
	At 30 September 2025	96,911
	Net book value
	At 30 September 2025	21,144
	At 30 September 2024	23,337

Page 5

SAM HARRIS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

5.	Tangible fixed assets

		Office equipment
		£
	Cost or valuation
	At 1 October 2024	55,005
	At 30 September 2025	55,005
	Depreciation
	At 1 October 2024	55,005
	At 30 September 2025	55,005
	Net book value
	At 30 September 2025	-
	At 30 September 2024	-

6.	Cash and cash equivalents
		2025	2024
		£	£

	Cash at bank and in hand	140,945	140,769

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Other taxation and social security	1,039	827
Other creditors	104,561	104,061
Accruals and deferred income	3,360	3,360
	108,960	108,248

Page 6

SAM HARRIS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

8.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

100 (2024 - 100) Ordinary shares of £1.00 each	100	100

Reserves

Profit and loss account

The Statement of income and retained earnings account consists of distributable reserves arising from cumulative historical profits and losses less any distributions made.

10.	Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £954 (2024 - £970). There were no amounts outstanding at the year end.

11.	Related party transactions
	Included within other creditors is an amount due to the directors of £104,561 (2024 - £104,061). The loan is unsecured and interest free.

Page 7