IRIS Accounts Production v26.1.10.61 11293200 Board of Directors 1.10.24 31.3.26 31.3.26 17.7.2026 0 0 false true false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 11293200 2024-09-30 11293200 2026-03-31 11293200 2024-10-01 2026-03-31 11293200 2023-09-30 11293200 2023-10-01 2024-09-30 11293200 2024-09-30 11293200 ns15:EnglandWales 2024-10-01 2026-03-31 11293200 ns14:PoundSterling 2024-10-01 2026-03-31 11293200 ns10:Director1 2024-10-01 2026-03-31 11293200 ns10:PrivateLimitedCompanyLtd 2024-10-01 2026-03-31 11293200 ns10:SmallEntities 2024-10-01 2026-03-31 11293200 ns10:Audited 2024-10-01 2026-03-31 11293200 ns10:SmallCompaniesRegimeForDirectorsReport 2024-10-01 2026-03-31 11293200 ns10:SmallCompaniesRegimeForAccounts 2024-10-01 2026-03-31 11293200 ns10:FullAccounts 2024-10-01 2026-03-31 11293200 ns10:OrdinaryShareClass1 2024-10-01 2026-03-31 11293200 ns10:Director2 2024-10-01 2026-03-31 11293200 ns10:Director3 2024-10-01 2026-03-31 11293200 ns10:RegisteredOffice 2024-10-01 2026-03-31 11293200 ns5:CurrentFinancialInstruments 2026-03-31 11293200 ns5:CurrentFinancialInstruments 2024-09-30 11293200 ns5:ShareCapital 2026-03-31 11293200 ns5:ShareCapital 2024-09-30 11293200 ns5:RetainedEarningsAccumulatedLosses 2026-03-31 11293200 ns5:RetainedEarningsAccumulatedLosses 2024-09-30 11293200 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-03-31 11293200 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-09-30 11293200 ns10:OrdinaryShareClass1 2026-03-31 11293200 ns5:RetainedEarningsAccumulatedLosses 2024-09-30 11293200 ns5:RetainedEarningsAccumulatedLosses 2024-10-01 2026-03-31

REGISTERED NUMBER: 11293200 (England and Wales)

| FINANCIAL STATEMENTS

| FOR THE PERIOD

| 1 OCTOBER 2024 TO 31 MARCH 2026

| FOR

| SAMSTER LIMITED

| SAMSTER LIMITED (REGISTERED NUMBER: 11293200) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 OCTOBER 2024 TO 31 MARCH 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| SAMSTER LIMITED |

COMPANY INFORMATION

FOR THE PERIOD 1 OCTOBER 2024 TO 31 MARCH 2026

| DIRECTORS: | G S Harike

| S S Kandola

| G Dhaliwal

| REGISTERED OFFICE: | Beckwith Barn

| Warren Estate

| Lordship Road

| Chelmsford

| Essex

| CM1 3WT

| REGISTERED NUMBER: | 11293200 (England and Wales)

| AUDITORS: | Xeinadin Audit Limited

| Beckwith Barn

| Warren Estate

| Lordship Road

| Writtle

| Essex

| CM1 3WT

| SAMSTER LIMITED (REGISTERED NUMBER: 11293200) |

BALANCE SHEET

31 MARCH 2026

| 2026 |  | 2024

| Notes | £ | £ |

CURRENT ASSETS

Stocks | 5 | 56,793 |  | 53,149 |  |

Debtors | 6 | 400,662 |  | 160,034 |  |

Cash at bank and in hand | 7 | 662,048 |  | 559,494 |  |

1,119,503 |  | 772,677 |  |

CREDITORS

Amounts falling due within one year | 8 | 4,099,210 |  | 3,980,967 |  |

NET CURRENT LIABILITIES | (2,979,707 | ) | (3,208,290 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (2,979,707 | ) | (3,208,290 | ) |

CAPITAL AND RESERVES

Called up share capital | 9 | 100 |  | 100 |  |

Retained earnings | 10 | (2,979,807 | ) | (3,208,390 | ) |

SHAREHOLDERS' FUNDS | (2,979,707 | ) | (3,208,290 | ) |

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 16 July 2026 and were signed on its behalf by:

S S Kandola - Director

| SAMSTER LIMITED (REGISTERED NUMBER: 11293200) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 OCTOBER 2024 TO 31 MARCH 2026

1. | STATUTORY INFORMATION

| Samster 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.

| The presentation currency of the financial statements is the Pound sterling (£), which is the functional currency of the company.

| Amounts in these financial statements are rounded to the nearest Pound Sterling (£).

2. | 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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared for the 18 month period ended 31 March 2026. The company's financial year has been amended to align to the financial reporting date of related parties. Accordingly, the comparative figures are not comparable.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| These financial statements contain information about Samster Limited as an individual Company.

| 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 directors have considered the cashflow requirements of the company for a period of at least twelve months from the date of approval of these financial statements and are satisfied that sufficient financial resources will continue to be made available and that the company will be able to meet its debts and fund its growth as they fall due.

| The directors have considered the following as part of this significant judgement:

| - The company is profitable and the company's financial forecasts do not highlight any requirement for additional capital.

| - The directors have obtained confirmation from Za Za Bazaar that the related party debt will not be called for payment for a period of at least 12 months from the issuance of these financial statements.

| - The royalties charged to Samster Limited under the Service Agreement with Za Za Bazaar have recently reduced which will improve profitability.

| Accordingly, these financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the company.

| SAMSTER LIMITED (REGISTERED NUMBER: 11293200) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 OCTOBER 2024 TO 31 MARCH 2026

3. | ACCOUNTING POLICIES - continued

| Significant judgements and estimates

| In applying the company's accounting policies, the directors are required to make judgements, estimates and assumptions in determining the carrying value of assets and liabilities. The directors' judgement, estimates and assumptions are based on the best and most reliable evidence available at the time when the decisions are made and are based on historical experience and other factors that are considered to be applicable. Due to the inherent sensitivity involved in making judgements, estimate and assumptions, the actual results and outcomes may differ.

| The estimates and underlying assumptions are reviewed on an ongoing basis. Any revisions to accounting estimates are recognised prospectively.

| The directors review undertaken has highlighted no significant judgements or estimates that would not be considered normal for a similar entity. With exception for the use of the going concern policy documented above, the directors have no further disclosure.

| Turnover

| Sale of goods and services

| Turnover is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods and services, net of returns, discounts and value added tax.

| The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met.

| Turnover represents amounts receivable for the provision of the company's principal activity, sales are recognised at the date the goods and service are provided to the customer.

| Stocks

| Stock is valued at the lower of cost and net realisable value using the FIFO basis. Cost is determined by the actual amount paid for the stock, net of value added tax. Provisions are made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

| Financial instruments

| The company enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

| Debt instruments such as loans, accounts receivable and payable are initially measured at present value and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to paid or received.

| Taxation

| Taxation for the period 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.

| SAMSTER LIMITED (REGISTERED NUMBER: 11293200) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 OCTOBER 2024 TO 31 MARCH 2026

3. | ACCOUNTING POLICIES - continued

| 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 period 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.

| Impairment review

| A financial asset not carried at fair value through profit or loss is assessed at each reporting date to determine whether there is objective evidence that it is impaired. A financial asset is impaired if objective evidence indicates that a loss event has occurred after the initial recognition of the asset, and that the loss event had a negative effect on the estimated future cash flows of that asset that can be estimated reliably.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was NIL (2024 - NIL).

5. | STOCKS

2026 | 2024 |

£ | £ |

| Stocks | 56,793 |  | 53,149 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2024 |

£ | £ |

| Other debtors | 105,520 |  | 61,433 |  |

| Accrued income | 5,500 |  | 8,644 |  |

| Prepayments | 289,642 |  | 89,957 |  |

400,662 |  | 160,034 |  |

7. | CASH AT BANK AND IN HAND

2026 | 2024 |

£ | £ |

| Bank account | 662,048 |  | 554,493 |  |

| Cash in hand | - |  | 5,001 |  |

662,048 |  | 559,494 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2024 |

£ | £ |

| Trade creditors | 406,766 |  | 434,312 |  |

| Amounts owed to related parties | 3,202,541 |  | 3,288,638 |  |

| VAT | 158,526 |  | 138,435 |  |

| Other creditors | 47,006 |  | 17,814 |  |

| Accrued expenses | 284,371 |  | 101,768 |  |

4,099,210 |  | 3,980,967 |  |

| SAMSTER LIMITED (REGISTERED NUMBER: 11293200) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 OCTOBER 2024 TO 31 MARCH 2026

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2026 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

| Each share is entitled to one vote in any circumstance. Each share has equal rights to dividends and each share is entitled to participate in a distribution arising from a wind up of the company.

10. | RESERVES

| Retained

| earnings

£ |

| At 1 October 2024 | (3,208,390 | ) |

| Profit for the period | 228,583 |  |

| At 31 March 2026 | (2,979,807 | ) |

11. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Auditors' Report was unqualified.

| Timothy Harbour Bsc FCA (Senior Statutory Auditor)

| for and on behalf of Xeinadin Audit Limited

12. | RELATED PARTY DISCLOSURES

| Companies with common directors

|  | 2026 |  | 2024 |  |

|  | £ |  | £ |  |

| Wages expense paid to a related party |  | 4,120,262 |  | 2,755,142 |  |

| Royalties expense paid to a related party |  | 808,351 |  | 836,671 |  |

| Rent & service charges paid to a related party |  | 601,624 |  | 391,647 |  |

| Other administrative costs paid to a related party |  | 193,636 |  | 190,406 |  |

|  | 5,723,873 |  | 4,173,866 |  |

| Amount due to related party |  | 3,202,541 |  | 3,288,638 |  |

| The amounts shown above concern transactions with another company in which Mr S Kandola and Mr G Dhaliwal are directors and have a controlling interest.

13. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is G S Harike.