1 April 2023 false No description of principal activity Taxfiler 2024.6 13304631business:PrivateLimitedCompanyLtd2023-04-012024-03-31 133046312023-03-31 133046312023-04-012024-03-31 13304631business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 13304631business:FilletedAccounts2023-04-012024-03-31 133046312024-03-31 13304631business:Director12023-04-012024-03-31 13304631business:RegisteredOffice2023-04-012024-03-31 133046312023-03-31 13304631core:WithinOneYear2024-03-31 13304631core:WithinOneYear2023-03-31 13304631core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 13304631core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 13304631core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 13304631core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 13304631core:PreviouslyStatedAmount2024-03-31 13304631core:PreviouslyStatedAmount2023-03-31 13304631business:SmallEntities2023-04-012024-03-31 13304631countries:EnglandWales2023-04-012024-03-31 13304631core:ComputerEquipment2023-04-012024-03-31 13304631core:ComputerEquipment2023-03-31 13304631core:ComputerEquipment2024-03-31 133046312022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 13304631 (England and Wales)
SNS COMMERCE LTD Unaudited accounts for the year ended 31 March 2024
SNS COMMERCE LTD Unaudited accounts Contents
Page
- 2 -
SNS COMMERCE LTD Company Information for the year ended 31 March 2024
Director
Mrs EUN JUNG HA
Company Number
13304631 (England and Wales)
Registered Office
69 Station Road Hampton TW12 2BT England
- 3 -
SNS COMMERCE LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,082 
1,202 
Current assets
Debtors
4,700 
5,480 
Cash at bank and in hand
9,720 
1,072 
14,420 
6,552 
Creditors: amounts falling due within one year
(66,136)
(29,727)
Net current liabilities
(51,716)
(23,175)
Net liabilities
(50,634)
(21,973)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(50,734)
(22,073)
Shareholders' funds
(50,634)
(21,973)
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 18 December 2024 and were signed on its behalf by
Mrs EUN JUNG HA Director Company Registration No. 13304631
- 4 -
SNS COMMERCE LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
SNS COMMERCE LTD is a private company, limited by shares, registered in England and Wales, registration number 13304631. The registered office is 69 Station Road , Hampton, TW12 2BT, England.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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
10% reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
1,335 
At 31 March 2024
1,335 
Depreciation
At 1 April 2023
133 
Charge for the year
120 
At 31 March 2024
253 
Net book value
At 31 March 2024
1,082 
At 31 March 2023
1,202 
- 5 -
SNS COMMERCE LTD Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
4,700 
5,480 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
718 
Other creditors
22,560 
560 
Loans from directors
28,900 
19,900 
Accruals
14,676 
8,549 
66,136 
29,727 
7
Average number of employees
During the year the average number of employees was 2 (2023: 1).
- 6 -