SAM Corporation Limited 31/01/2026 iXBRL

Company registration number: 01892786

SAM Corporation Limited

Unaudited filleted financial statements

31 January 2026

SAM Corporation Limited

Contents

Directors and other information

Statement of financial position

Statement of changes in equity

Notes to the financial statements

SAM Corporation Limited

Directors and other information


	Director	Mr S Marks


	Company number	01892786


	Registered office	Dukes Meadows
		Dan Mason Drive
		Chiswick
		London
		W4 2SH

SAM Corporation Limited

Statement of financial position

31 January 2026

		2026		2025
	Note	£	£	£	£

Fixed assets
Tangible assets		4,197,479		4,305,521
		_______		_______
			4,197,479		4,305,521

Current assets
Stocks		298,870		300,074
Debtors	6	560,412		393,807
Cash at bank and in hand		179,041		93,506
		_______		_______
		1,038,323		787,387
Creditors: amounts falling due
within one year	7	( 3,585,971)		( 4,904,821)
		_______		_______
Net current liabilities			( 2,547,648)		( 4,117,434)
			_______		_______
Total assets less current liabilities			1,649,831		188,087

			_______		_______
Net assets			1,649,831		188,087
			_______		_______

Capital and reserves
Called up share capital			15,000		15,000
Other reserves			424		424
Profit and loss account			1,634,407		172,663
			_______		_______
Shareholder funds			1,649,831		188,087
			_______		_______

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

-The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 22 October 2026 , and are signed on behalf of the board by:

Mr S Marks

Director

Company registration number: 01892786

SAM Corporation Limited

Statement of changes in equity

Year ended 31 January 2026

	Called up share capital	Other reserves	Profit and loss account	Total
	£	£	£	£


At 1 February 2024	15,000	424	( 1,016,418)	( 1,000,994)

Profit for the year			1,189,081	1,189,081
	_______	_______	_______	_______
Total comprehensive income for the year	-	-	1,189,081	1,189,081

	_______	_______	_______	_______
At 31 January 2025 and 1 February 2025	15,000	424	172,663	188,087

Profit for the year			1,461,744	1,461,744
	_______	_______	_______	_______
Total comprehensive income for the year	-	-	1,461,744	1,461,744

	_______	_______	_______	_______
At 31 January 2026	15,000	424	1,634,407	1,649,831
	_______	_______	_______	_______

SAM Corporation Limited

Notes to the financial statements

Year ended 31 January 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Dukes Meadows, Dan Mason Drive, Chiswick, London, W4 2SH.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

No provision for deferred taxation has been provided for in the financial statements, due to the amount not being material.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Long leasehold property	-	Straight line over the life of the lease
Leasehold improvements	-	Straight line over the life of the lease
Plant and machinery	-	10 %	straight line
Fittings fixtures and equipment	-	20 %	straight line
Motor vehicles	-	20 %	straight line
Computer equipment	-	25 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 108 (2025: 80 ).

5. Tangible assets

	Long leasehold property	Leasehold improvements	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Computer equipment	Total
	£	£	£	£	£	£	£
Cost
At 1 February 2025	550,465	4,343,878	1,744,791	625,674	65,341	101,757	7,431,906
Additions	-	30,589	53,221	57,507	-	-	141,317
	_______	_______	_______	_______	_______	_______	_______
At 31 January 2026	550,465	4,374,467	1,798,012	683,181	65,341	101,757	7,573,223
	_______	_______	_______	_______	_______	_______	_______
Depreciation
At 1 February 2025	322,274	932,922	1,426,068	312,375	38,546	94,200	3,126,385
Charge for the year	7,541	96,452	54,155	79,306	7,775	4,130	249,359
	_______	_______	_______	_______	_______	_______	_______
At 31 January 2026	329,815	1,029,374	1,480,223	391,681	46,321	98,330	3,375,744
	_______	_______	_______	_______	_______	_______	_______
Carrying amount
At 31 January 2026	220,650	3,345,093	317,789	291,500	19,020	3,427	4,197,479
	_______	_______	_______	_______	_______	_______	_______
At 31 January 2025	228,191	3,410,956	318,723	313,299	26,795	7,557	4,305,521
	_______	_______	_______	_______	_______	_______	_______

6. Debtors

	2026	2025
	£	£
Trade debtors	17,617	40,916
Other debtors	542,795	352,891
	_______	_______
	560,412	393,807
	_______	_______

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	148,051	149,424
Corporation tax	90,466	-
Social security and other taxes	304,289	292,429
Other creditors	3,043,165	4,462,968
	_______	_______
	3,585,971	4,904,821
	_______	_______

8. Operating leases

The company as lessee

The total future minimum lease payments under non-cancellable operating leases are as follows:


	£	£

Not later than 1 year	110,000	110,000
Later than 1 year and not later than 5 years	440,000	440,000
Later than 5 years	2,676,667	2,786,667
	_______	_______
	3,226,667	3,336,667
	_______	_______

9. Directors advances, credits and guarantees

	During the year the director entered into the following advances and credits with the company:

2026
		Balance brought forward	Advances /(credits) to the director	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr S Marks	( 4,247,045)	( 50,000)	1,357,500	( 2,939,545)
		_______	_______	_______	_______

2025
		Balance brought forward	Advances /(credits) to the director	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr S Marks	( 5,127,045)	( 220,000)	1,100,000	( 4,247,045)
		_______	_______	_______	_______