Company Registration No. SC703491 (Scotland)
Snuglets Ltd
Unaudited accounts
for the year ended 31 July 2023
Snuglets Ltd
Unaudited accounts
Contents
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
Snuglets Ltd
Statement of financial position
as at 31 July 2023
Tangible assets
197,246
195,610
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)
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
Snuglets Ltd
Notes to the Accounts
for the year ended 31 July 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 August 2022
195,610
-
195,610
At 31 July 2023
195,610
1,651
197,261
Charge for the year
-
15
15
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
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).