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Company Registration No. 12295259 (England and Wales)
Great Snacks Limited Unaudited accounts for the year ended 30 November 2024
Great Snacks Limited Unaudited accounts Contents
Page
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Great Snacks Limited Company Information for the year ended 30 November 2024
Director
Mr R N Metcalf-Penny
Company Number
12295259 (England and Wales)
Registered Office
Apartment 28 Villiers House Clarendon Avenue Leamington Spa Warwickshire CV32 5PR England
Accountants
JS Accountancy Services Measham Business Centre 56 High Street/Queens Street Measham Derbyshire DE12 7HZ
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Great Snacks Limited Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
77 
103 
Current assets
Inventories
43,055 
14,427 
Debtors
15,176 
30,862 
Cash at bank and in hand
10,672 
9,825 
68,903 
55,114 
Creditors: amounts falling due within one year
(39,403)
(48,215)
Net current assets
29,500 
6,899 
Total assets less current liabilities
29,577 
7,002 
Creditors: amounts falling due after more than one year
(26,693)
(29,391)
Net assets/(liabilities)
2,884 
(22,389)
Capital and reserves
Called up share capital
32,000 
32,000 
Profit and loss account
(29,116)
(54,389)
Shareholders' funds
2,884 
(22,389)
For the year ending 30 November 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 his 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 21 January 2025 and were signed on its behalf by
Mr R N Metcalf-Penny Director Company Registration No. 12295259
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Great Snacks Limited Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Great Snacks Limited is a private company, limited by shares, registered in England and Wales, registration number 12295259. The registered office is Apartment 28, Villiers House, Clarendon Avenue, Leamington Spa, Warwickshire, CV32 5PR, 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. 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:
Plant & machinery
25% reducing balance
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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Great Snacks Limited Notes to the Accounts for the year ended 30 November 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 December 2023
327 
At 30 November 2024
327 
Depreciation
At 1 December 2023
224 
Charge for the year
26 
At 30 November 2024
250 
Net book value
At 30 November 2024
77 
At 30 November 2023
103 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,487 
2,111 
Trade debtors
12,959 
27,903 
Other debtors
730 
848 
15,176 
30,862 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,936 
6,720 
Trade creditors
23,892 
33,596 
Loans from directors
7,941 
4,500 
Accruals
634 
3,399 
39,403 
48,215 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
26,693 
29,391 
8
Average number of employees
During the year the average number of employees was 1 (2023: 0).
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