IRIS Accounts Production v23.4.0.336 08928711 director 1.4.22 30.3.23 30.3.23 true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh089287112022-03-31089287112023-03-30089287112022-04-012023-03-30089287112021-03-31089287112021-04-012022-03-31089287112022-03-3108928711ns15:EnglandWales2022-04-012023-03-3008928711ns14:PoundSterling2022-04-012023-03-3008928711ns10:Director12022-04-012023-03-3008928711ns10:PrivateLimitedCompanyLtd2022-04-012023-03-3008928711ns10:SmallEntities2022-04-012023-03-3008928711ns10:AuditExemptWithAccountantsReport2022-04-012023-03-3008928711ns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3008928711ns10:SmallCompaniesRegimeForAccounts2022-04-012023-03-3008928711ns10:FullAccounts2022-04-012023-03-3008928711ns10:EntityHasNeverTraded2022-04-012023-03-3008928711ns10:OrdinaryShareClass12022-04-012023-03-3008928711ns10:RegisteredOffice2022-04-012023-03-3008928711ns5:CurrentFinancialInstruments2023-03-3008928711ns5:CurrentFinancialInstruments2022-03-3108928711ns5:ShareCapital2023-03-3008928711ns5:ShareCapital2022-03-3108928711ns5:CostValuation2022-03-3108928711ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3008928711ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3108928711ns10:OrdinaryShareClass12023-03-30
REGISTERED NUMBER: 08928711 (England and Wales)






















Report of the Director and

Unaudited Financial Statements

for the Period

1 April 2022 to 30 March 2023

for

Snug Newco One Limited

Snug Newco One Limited (Registered number: 08928711)






Contents of the Financial Statements
for the Period 1 April 2022 to 30 March 2023




Page

Company Information 1

Report of the Director 2

Chartered Accountants' Report 3

Balance Sheet 4

Notes to the Financial Statements 5


Snug Newco One Limited

Company Information
for the Period 1 April 2022 to 30 March 2023







DIRECTOR: A Bicknell





REGISTERED OFFICE: West Retford Hall
Rectory Road
Retford
Nottinghamshire
DN22 7AY





REGISTERED NUMBER: 08928711 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
Chancery Court
34 West Street
Retford
Nottinghamshire
DN22 6ES

Snug Newco One Limited (Registered number: 08928711)

Report of the Director
for the Period 1 April 2022 to 30 March 2023

The director presents his report with the financial statements of the company for the period 1 April 2022 to 30 March 2023.

DIRECTOR
A Bicknell held office during the whole of the period from 1 April 2022 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





A Bicknell - Director


21 March 2024

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Snug Newco One Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Snug Newco One Limited for the period ended 30 March 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Snug Newco One Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Snug Newco One Limited and state those matters that we have agreed to state to the director of Snug Newco One Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Snug Newco One Limited and its director for our work or for this report.

It is your duty to ensure that Snug Newco One Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Snug Newco One Limited. You consider that Snug Newco One Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Snug Newco One Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wright Vigar Limited
Chartered Accountants & Business Advisers
Chancery Court
34 West Street
Retford
Nottinghamshire
DN22 6ES


21 March 2024

Snug Newco One Limited (Registered number: 08928711)

Balance Sheet
30 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,000 1,000

CURRENT ASSETS
Debtors 5 500 500

CREDITORS
Amounts falling due within one year 6 1,000 1,000
NET CURRENT LIABILITIES (500 ) (500 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

500

500

CAPITAL AND RESERVES
Called up share capital 7 500 500
SHAREHOLDERS' FUNDS 500 500

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 March 2024 and were signed by:





A Bicknell - Director


Snug Newco One Limited (Registered number: 08928711)

Notes to the Financial Statements
for the Period 1 April 2022 to 30 March 2023

1. STATUTORY INFORMATION

Snug Newco One Limited 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 1 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2022
and 30 March 2023 1,000
NET BOOK VALUE
At 30 March 2023 1,000
At 31 March 2022 1,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 500 500

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 1,000 1,000

Snug Newco One Limited (Registered number: 08928711)

Notes to the Financial Statements - continued
for the Period 1 April 2022 to 30 March 2023

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
500 Ordinary £1 500 500