Company Registration No. 11473176 (England and Wales)
Sam T Engineering LTD
Unaudited accounts
for the year ended 31 July 2025
Sam T Engineering LTD
Unaudited accounts
Contents
Sam T Engineering LTD
Company Information
for the year ended 31 July 2025
Director
Sam Andrew Thompson
Company Number
11473176 (England and Wales)
Registered Office
2 Stockerton Lane
Great Easton
Market Harboroiugh
LE16 8TD
United Kingdom
Accountants
Donna Urquhart - ITStorm Ltd
10 Earlstrees Court
Earlstrees Industrial Estate
CORBY
Northants
NN17 4AX
Sam T Engineering LTD
Statement of financial position
as at 31 July 2025
Tangible assets
12,797
19,129
Cash at bank and in hand
493
(10,010)
Creditors: amounts falling due within one year
(24,155)
(5,740)
Net current (liabilities)/assets
(718)
7,125
Total assets less current liabilities
12,079
26,254
Creditors: amounts falling due after more than one year
(7,361)
(13,210)
Provisions for liabilities
Deferred tax
(3,231)
(3,808)
Called up share capital
100
100
Profit and loss account
1,387
9,136
Shareholders' funds
1,487
9,236
For the year ending 31 July 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 31 July 2026 and were signed on its behalf by
Sam Andrew Thompson
Director
Company Registration No. 11473176
Sam T Engineering LTD
Notes to the Accounts
for the year ended 31 July 2025
Sam T Engineering LTD is a private company, limited by shares, registered in England and Wales, registration number 11473176. The registered office is 2 Stockerton Lane, Great Easton, Market Harboroiugh, LE16 8TD, United Kingdom.
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:
Plant & machinery
20% on reducing balance
Motor vehicles
25% on cost
Computer equipment
20% on reducing balance
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.
Stock and Work in Progress
Stock and work in progress are valued consistently at lower of cost or net realisable value.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Sam T Engineering LTD
Notes to the Accounts
for the year ended 31 July 2025
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Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2024
10,098
22,435
3,330
35,863
At 31 July 2025
10,098
22,435
3,330
35,863
At 1 August 2024
6,325
7,723
2,686
16,734
Charge for the year
617
5,449
266
6,332
At 31 July 2025
6,942
13,172
2,952
23,066
At 31 July 2025
3,156
9,263
378
12,797
At 31 July 2024
3,773
14,712
644
19,129
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
2,167
5,000
Obligations under finance leases and hire purchase contracts
4,156
4,156
Trade creditors
5,969
3,089
Taxes and social security
6,530
337
Loans from directors
28
(8,789)
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Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
7,361
11,043
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Transactions with related parties
The company was under the control of its director, who held 100% of the share capital,
throughout the year.
During the year dividends were paid to the director as follows:
S A Thompson £13000 (2023: £27000)
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Average number of employees
During the year the average number of employees was 1 (2024: 1).