1 August 2022 false No description of principal activity Taxfiler 2024.1 SC703491business:PrivateLimitedCompanyLtd2022-08-012023-07-31 SC7034912022-07-31 SC7034912022-08-012023-07-31 SC703491business:AuditExempt-NoAccountantsReport2022-08-012023-07-31 SC703491business:FilletedAccounts2022-08-012023-07-31 SC7034912023-07-31 SC703491business:Director12022-08-012023-07-31 SC703491business:Director22022-08-012023-07-31 SC703491business:RegisteredOffice2022-08-012023-07-31 SC7034912022-07-31 SC703491core:WithinOneYear2023-07-31 SC703491core:WithinOneYear2022-07-31 SC703491core:AfterOneYear2023-07-31 SC703491core:AfterOneYear2022-07-31 SC703491core:SharePremiumcore:PreviouslyStatedAmount2023-07-31 SC703491core:SharePremiumcore:PreviouslyStatedAmount2022-07-31 SC703491core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 SC703491core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-07-31 SC703491core:PreviouslyStatedAmount2023-07-31 SC703491core:PreviouslyStatedAmount2022-07-31 SC703491business:SmallEntities2022-08-012023-07-31 SC703491countries:Scotland2022-08-012023-07-31 SC703491core:ComputerEquipment2022-08-012023-07-31 SC703491core:LandBuildings2022-07-31 SC703491core:FurnitureFittings2022-07-31 SC703491core:LandBuildings2022-08-012023-07-31 SC703491core:FurnitureFittings2022-08-012023-07-31 SC703491core:LandBuildings2023-07-31 SC703491core:FurnitureFittings2023-07-31 SC7034912021-08-012022-07-31 iso4217:GBP xbrli:pure
Company Registration No. SC703491 (Scotland)
Snuglets Ltd Unaudited accounts for the year ended 31 July 2023
Snuglets Ltd Unaudited accounts Contents
Page
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Snuglets Ltd Company Information for the year ended 31 July 2023
Directors
Ashleigh Clemence Humphrey Clemence
Company Number
SC703491 (Scotland)
Registered Office
30 White Cart Tower East Kilbride Glasgow Lanarkshire G74 2EE Scotland
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Snuglets Ltd Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
197,246 
195,610 
Current assets
Cash at bank and in hand
1,812 
16,009 
Creditors: amounts falling due within one year
(13,812)
(12,468)
Net current (liabilities)/assets
(12,000)
3,541 
Total assets less current liabilities
185,246 
199,151 
Creditors: amounts falling due after more than one year
(209,359)
(223,626)
Net liabilities
(24,113)
(24,475)
Capital and reserves
Share premium
100 
100 
Profit and loss account
(24,213)
(24,575)
Shareholders' funds
(24,113)
(24,475)
For the year ending 31 July 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 15 February 2024 and were signed on its behalf by
Humphrey Clemence Director Company Registration No. SC703491
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Snuglets Ltd Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Snuglets Ltd is a private company, limited by shares, registered in Scotland, registration number SC703491. The registered office is 30 White Cart Tower, East Kilbride, Glasgow, Lanarkshire, G74 2EE, Scotland.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
18%
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2022
195,610 
- 
195,610 
Additions
- 
1,651 
1,651 
At 31 July 2023
195,610 
1,651 
197,261 
Depreciation
Charge for the year
- 
15 
15 
At 31 July 2023
- 
15 
15 
Net book value
At 31 July 2023
195,610 
1,636 
197,246 
At 31 July 2022
195,610 
- 
195,610 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
13,272 
10,468 
Accruals
540 
2,000 
13,812 
12,468 
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Snuglets Ltd Notes to the Accounts for the year ended 31 July 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
209,359 
223,626 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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