Company Registration No. 07044299 (England and Wales)
Samsco Limited
Filleted accounts
for the year ended 31 October 2025
Samsco Limited
Filleted accounts
Contents
Samsco Limited
Company Information
for the year ended 31 October 2025
Company Number
07044299 (England and Wales)
Registered Office
51 Windsor Road
Lawn
Swindon
SN3 1JU
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
Samsco Limited
Statement of financial position
as at 31 October 2025
Tangible assets
9,814
14,442
Investment property
145,687
145,687
Cash at bank and in hand
15,806
16,679
Creditors: amounts falling due within one year
(69,672)
(110,880)
Net current liabilities
(43,685)
(82,592)
Called up share capital
100
100
Profit and loss account
111,716
77,437
Shareholders' funds
111,816
77,537
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 July 2026 and were signed on its behalf by
Mr Mitesh Patel
Director
Company Registration No. 07044299
Samsco Limited
Notes to the Accounts
for the year ended 31 October 2025
Samsco Limited is a private company, limited by shares, registered in England and Wales, registration number 07044299. The registered office is 51 Windsor Road, Lawn, Swindon, SN3 1JU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% SLM
Computer equipment
25% SLM
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Samsco Limited
Notes to the Accounts
for the year ended 31 October 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2024
8,387
15,700
3,014
2,918
30,019
At 31 October 2025
8,387
15,700
3,014
2,918
30,019
At 1 November 2024
6,806
3,271
3,014
2,486
15,577
Charge for the year
369
3,925
-
334
4,628
At 31 October 2025
7,175
7,196
3,014
2,820
20,205
At 31 October 2025
1,212
8,504
-
98
9,814
At 31 October 2024
1,581
12,429
-
432
14,442
Fair value at 1 November 2024
145,687
At 31 October 2025
145,687
Amounts falling due within one year
Accrued income and prepayments
-
712
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
40,995
42,862
Taxes and social security
19,634
13,205
Other creditors
6,567
7,826
Loans from directors
106
44,744
Allotted, called up and fully paid:
50 Ordinary shares A of £1 each
50
50
50 Ordinary shares B of £1 each
50
50
Samsco Limited
Notes to the Accounts
for the year ended 31 October 2025
9
Average number of employees
During the year the average number of employees was 1 (2024: 0).