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Company Registration No. 9494594 (England and Wales)
Snug Inns Ltd Unaudited accounts for the year ended 30 June 2024
Snug Inns Ltd Unaudited accounts Contents
Page
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Snug Inns Ltd Company Information for the year ended 30 June 2024
Director
Mr J C W Longbottom
Secretary
Mr J C W Longbottom
Company Number
9494594 (England and Wales)
Registered Office
The Bell Inn HIgh Street Moreton-in-Marsh Gloucester GL56 0AF United Kingdom
Accountants
Claire Rolfe Added Value Accountancy Ltd 27 Old Gloucester Street London WC1N 3AX
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Snug Inns Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
46,700 
40,964 
Current assets
Inventories
6,238 
11,701 
Debtors
28,891 
22,784 
Cash at bank and in hand
28,448 
37,131 
63,577 
71,616 
Creditors: amounts falling due within one year
(47,960)
(52,437)
Net current assets
15,617 
19,179 
Total assets less current liabilities
62,317 
60,143 
Creditors: amounts falling due after more than one year
(28,307)
(39,721)
Net assets
34,010 
20,422 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
33,910 
20,322 
Shareholders' funds
34,010 
20,422 
For the year ending 30 June 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 26 March 2025 and were signed on its behalf by
Mr J C W Longbottom Director Company Registration No. 9494594
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Snug Inns Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Snug Inns Ltd is a private company, limited by shares, registered in England and Wales, registration number 9494594. The registered office is The Bell Inn, HIgh Street, Moreton-in-Marsh, Gloucester, GL56 0AF, United Kingdom.
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.
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
5% Straight Line
Fixtures & fittings
5% Straight Line
Computer equipment
20% Straight Line
Government grants
Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.
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Snug Inns Ltd Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 July 2023
60,495 
Additions
9,892 
At 30 June 2024
70,387 
Depreciation
At 1 July 2023
19,531 
Charge for the year
4,156 
At 30 June 2024
23,687 
Net book value
At 30 June 2024
46,700 
At 30 June 2023
40,964 
5
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
50 Mr JCW Longbottom of £1 each
50 
50 
50 Mrs D K Longbottom of £1 each
50 
50 
100 
100 
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Advances repayable on demand
- 
7,548 
- 
7,548 
- 
7,548 
- 
7,548 
7
Average number of employees
During the year the average number of employees was 13 (2023: 12).
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