Sno&Co Limited 13726438 false 2022-12-01 2023-11-30 2023-11-30 The principal activity of the company is consultancy services. Digita Accounts Production Advanced 6.30.9574.0 true true 13726438 2022-12-01 2023-11-30 13726438 2023-11-30 13726438 bus:Original 2023-11-30 13726438 core:CurrentFinancialInstruments 2023-11-30 13726438 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 13726438 core:FurnitureFittingsToolsEquipment 2023-11-30 13726438 bus:SmallEntities 2022-12-01 2023-11-30 13726438 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 13726438 bus:FullAccounts 2022-12-01 2023-11-30 13726438 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 13726438 bus:RegisteredOffice 2022-12-01 2023-11-30 13726438 bus:Director1 2022-12-01 2023-11-30 13726438 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 13726438 core:FurnitureFittingsToolsEquipment 2022-12-01 2023-11-30 13726438 core:OfficeEquipment 2022-12-01 2023-11-30 13726438 countries:England 2022-12-01 2023-11-30 13726438 2022-11-30 13726438 core:FurnitureFittingsToolsEquipment 2022-11-30 13726438 2021-11-05 2022-11-30 13726438 2022-11-30 13726438 core:CurrentFinancialInstruments 2022-11-30 13726438 core:CurrentFinancialInstruments core:WithinOneYear 2022-11-30 13726438 core:FurnitureFittingsToolsEquipment 2022-11-30 iso4217:GBP xbrli:pure

Registration number: 13726438

Sno&Co Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 November 2023

 

Sno&Co Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Sno&Co Limited

Company Information

Director

Francoise Snobel

Registered office

11 Coleridge Court Milton Road
Harpenden
AL5 5LD

Accountants

Carbon Accountancy Limited
Chartered Accountants
80-83 Long Lane
London
EC1A 9ET

 

Sno&Co Limited

(Registration number: 13726438)
Balance Sheet as at 30 November 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

-

910

Current assets

 

Debtors

5

15,641

398

Cash at bank and in hand

 

8,911

67,928

 

24,552

68,326

Creditors: Amounts falling due within one year

6

-

(23,436)

Net current assets

 

24,552

44,890

Net assets

 

24,552

45,800

Capital and reserves

 

Called up share capital

7

1

1

Retained earnings

24,551

45,799

Shareholders' funds

 

24,552

45,800

For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 17 January 2024
 

.........................................
Francoise Snobel
Director

 

Sno&Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
11 Coleridge Court Milton Road
Harpenden
AL5 5LD
England

These financial statements were authorised for issue by the director on 17 January 2024.

2

Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The company ceased tradig as at 30th November 2023

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned the rendering of services. 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.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

Sno&Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

Asset class

Depreciation method and rate

Office equipment

25% on reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

 

Sno&Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 December 2022

1,213

1,213

Disposals

(1,213)

(1,213)

At 30 November 2023

-

-

Depreciation

At 1 December 2022

303

303

Charge for the year

303

303

Eliminated on disposal

(606)

(606)

At 30 November 2023

-

-

Carrying amount

At 30 November 2023

-

-

At 30 November 2022

910

910

5

Debtors

Current

2023
£

2022
£

Trade debtors

-

180

Other debtors

15,641

218

 

15,641

398

 

Sno&Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Taxation and social security

-

21,170

Accruals and deferred income

-

1,950

Other creditors

-

316

-

23,436

7

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary of £1 each

1

1

1

1