REGISTERED NUMBER: 07983088 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

SAMPSON EUROPE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P Sampson

Mrs C Sampson

REGISTERED OFFICE:

Minerva House

2 Highweek Street

Newton Abbot

Devon

TQ12 1TQ

REGISTERED NUMBER:

07983088 (England and Wales)

ACCOUNTANTS:

Marsland Nash Associates

Chartered Tax Advisers, Accountants

and Business Consultants

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

BANKERS:

HSBC

42 Courtenay Street

Newton Abbot

Devon

TQ12 2EB

FIXED ASSETS

Tangible assets

4

13,416

16,605

CURRENT ASSETS

Stocks

5

-

79,045

Debtors

6

53,149

13,601

Cash at bank

19,241

32,585

72,390

125,231

CREDITORS

Amounts falling due within one year

7

24,463

67,221

NET CURRENT ASSETS

47,927

58,010

TOTAL ASSETS LESS CURRENT LIABILITIES

61,343

74,615

CREDITORS

Amounts falling due after more than one year

8

-

(2,651

)

PROVISIONS FOR LIABILITIES

(2,426

)

(3,004

)

NET ASSETS

58,917

68,960

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

58,817

68,860

SHAREHOLDERS' FUNDS

58,917

68,960

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 August 2026 and were signed on its behalf by:

Mr P Sampson - Director

Mrs C Sampson - Director

1.	STATUTORY INFORMATION

Sampson Europe Ltd 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.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

Rentals paid under operating leases are charged to profit or loss 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 3 (2025 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

and

Computer

leasehold

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2025

and 31 March 2026

3,390

29,558

11,158

44,106

DEPRECIATION

At 1 April 2025

-

18,310

9,191

27,501

Charge for year

-

1,687

1,502

3,189

At 31 March 2026

-

19,997

10,693

30,690

NET BOOK VALUE

At 31 March 2026

3,390

9,561

465

13,416

At 31 March 2025

3,390

11,248

1,967

16,605

5.

STOCKS

2026

2025

£

£

Work-in-progress

-

79,045

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

43,881

-

Other debtors

775

775

Directors' current accounts

7,142

-

VAT

-

11,563

Prepayments

1,351

1,263

53,149

13,601

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

2,651

10,446

Tax

4,203

7,838

VAT

3,162

-

Other creditors

12,033

10,683

Directors' current accounts

-

36,012

Accrued expenses

2,414

2,242

24,463

67,221

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 2-5 years

-

2,651

9.	OTHER FINANCIAL COMMITMENTS

At 31/03/2026, the company had total commitments under non-cancellable operating leases over the remaining life of the those leases of £13,351 (2025: £11,665).

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

Mr P Sampson and Mrs C Sampson

Balance outstanding at start of year

(36,012

)

20,525

Amounts advanced

80,238

25,593

Amounts repaid

(37,084

)

(82,130

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

7,142

(36,012

)

Loans are unsecured, interest free and repayable on demand.

11.	BOUNCE BACK LOAN

The Company has a bounce back loan guaranteed by the Government. The loan is payable over 6 years with no repayments in the first year. The interest rate is 2.5%. The term runs to June 2026.