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
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
Great Snacks Limited
Statement of financial position
as at 30 November 2024
Cash at bank and in hand
10,672
9,825
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)
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
Great Snacks Limited
Notes to the Accounts
for the year ended 30 November 2024
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.
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.
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
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.
Great Snacks Limited
Notes to the Accounts
for the year ended 30 November 2024
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
12,959
27,903
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
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 1 (2023: 0).