Company Registration No. 09827794 (England and Wales)
SNAKEBITE PROMOTIONS LTD
Unaudited accounts
for the year ended 31 March 2024
SNAKEBITE PROMOTIONS LTD
Unaudited accounts
Contents
SNAKEBITE PROMOTIONS LTD
Company Information
for the year ended 31 March 2024
Company Number
09827794 (England and Wales)
Registered Office
20-22 WENLOCK ROAD
LONDON
N1 7GU
Accountants
P Lacey & Associates Ltd
Office 17
2 Regent House
Lowestoft
NR32 1PA
SNAKEBITE PROMOTIONS LTD
Statement of financial position
as at 31 March 2024
Tangible assets
15,633
20,844
Debtors
2,031,524
1,436,227
Cash at bank and in hand
171,789
471,545
Creditors: amounts falling due within one year
(125,688)
(146,557)
Net current assets
2,077,625
1,761,215
Net assets
2,093,258
1,782,059
Called up share capital
2
2
Profit and loss account
2,093,256
1,782,057
Shareholders' funds
2,093,258
1,782,059
For the year ending 31 March 2024 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 director acknowledges her 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 and authorised for issue on 5 August 2024 and were signed on its behalf by
Mrs J Wright
Director
Company Registration No. 09827794
SNAKEBITE PROMOTIONS LTD
Notes to the Accounts
for the year ended 31 March 2024
SNAKEBITE PROMOTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 09827794. The registered office is 20-22 WENLOCK ROAD, LONDON, N1 7GU.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
9,989
24,006
33,995
At 31 March 2024
9,989
24,006
33,995
At 1 April 2023
3,825
9,326
13,151
Charge for the year
1,541
3,670
5,211
At 31 March 2024
5,366
12,996
18,362
At 31 March 2024
4,623
11,010
15,633
At 31 March 2023
6,164
14,680
20,844
SNAKEBITE PROMOTIONS LTD
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
26,087
33,011
Other debtors
642,672
1,403,216
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
102,801
112,485
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).