Registration number:
SNC Advisory Limited
for the Period from 31 May 2023 to 29 May 2024
SNC Advisory Limited
Contents
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Company Information |
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Directors' Report |
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Accountants' Report |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
SNC Advisory Limited
Company Information
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Directors |
Mr Simon Nicholas Carrier Mrs Jayne Margaret Carrier |
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Registered office |
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Accountants |
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SNC Advisory Limited
Directors' Report for the Period from 31 May 2023 to 29 May 2024
The directors present their report and the financial statements for the period from 31 May 2023 to 29 May 2024.
Directors of the company
The directors who held office during the period were as follows:
Principal activity
The principal activity of the company is General management consultancy activities
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
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Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
SNC Advisory Limited
for the Period Ended 29 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SNC Advisory Limited for the period ended 29 May 2024 as set out on pages 4 to 8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.
This report is made solely to the Board of Directors of SNC Advisory Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of SNC Advisory Limited and state those matters that we have agreed to state to the Board of Directors of SNC Advisory Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SNC Advisory Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that SNC Advisory Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and results of SNC Advisory Limited. You consider that SNC Advisory Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of SNC Advisory Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Certified Chartered Accountants
Bradley Lane
Standish
Lancashire
WN6 0XF
SNC Advisory Limited
(Registration number: 12617611)
Balance Sheet as at 29 May 2024
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Note |
2024 |
2023 |
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Fixed assets |
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Tangible assets |
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Creditors: Amounts falling due within one year |
( |
( |
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Net liabilities |
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Capital and reserves |
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Called up share capital |
200 |
200 |
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Retained earnings |
(1,432) |
(1,432) |
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Shareholders' deficit |
(1,232) |
(1,232) |
For the financial period ending 29 May 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
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SNC Advisory Limited
Notes to the Unaudited Financial Statements for the Period from 31 May 2023 to 29 May 2024
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
The financial statements have been prepared on a going concern basis.
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
SNC Advisory Limited
Notes to the Unaudited Financial Statements for the Period from 31 May 2023 to 29 May 2024
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
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Asset class |
Depreciation method and rate |
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Office Equipment |
20% Reducing balance basis |
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
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Staff numbers |
The average number of persons employed by the company (including directors) during the period, was
SNC Advisory Limited
Notes to the Unaudited Financial Statements for the Period from 31 May 2023 to 29 May 2024
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Tangible assets |
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Furniture, fittings and equipment |
Total |
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Cost or valuation |
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At 31 May 2023 |
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At 29 May 2024 |
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Depreciation |
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At 31 May 2023 |
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At 29 May 2024 |
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Carrying amount |
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At 29 May 2024 |
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At 30 May 2023 |
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Creditors |
Creditors: amounts falling due within one year
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2024 |
2023 |
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Due within one year |
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Accruals and deferred income |
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Other creditors |
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Share capital |
Allotted, called up and fully paid shares
SNC Advisory Limited
Notes to the Unaudited Financial Statements for the Period from 31 May 2023 to 29 May 2024
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2024 |
2023 |
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No. |
£ |
No. |
£ |
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100 |
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100 |
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100 |
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100 |
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