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Company Registration No. 12415906 (England and Wales)
Snug Bud UK Ltd Unaudited accounts for the year ended 31 January 2025
Snug Bud UK Ltd Unaudited accounts Contents
Page
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Snug Bud UK Ltd Company Information for the year ended 31 January 2025
Directors
John Carl Botha Stephen Laundy
Company Number
12415906 (England and Wales)
Registered Office
22 Glamis Street Bognor Regis PO21 1DQ West Sussex
Accountants
Azoth Digital Accountants Jonathan Scott Hall Thorpe Road Norwich Norfolk NR1 1UH
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Snug Bud UK Ltd for the year ended 31 January 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Snug Bud UK Ltd for the year ended 31 January 2025 as set out on pages 5 - 6 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/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Azoth Digital Accountants Chartered Certified Accountants Jonathan Scott Hall Thorpe Road Norwich Norfolk NR1 1UH 25 March 2025
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Snug Bud UK Ltd Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Inventories
61,922 
64,006 
Debtors
1,567 
5,718 
Cash at bank and in hand
1,154 
844 
64,643 
70,568 
Creditors: amounts falling due within one year
(82,128)
(84,679)
Net current liabilities
(17,485)
(14,111)
Total assets less current liabilities
(17,485)
(14,111)
Creditors: amounts falling due after more than one year
(3,410)
(4,986)
Net liabilities
(20,895)
(19,097)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(20,995)
(19,197)
Shareholders' funds
(20,895)
(19,097)
For the year ending 31 January 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 25 March 2025 and were signed on its behalf by
John Carl Botha Director Company Registration No. 12415906
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Snug Bud UK Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Snug Bud UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 12415906. The registered office is 22 Glamis Street, Bognor Regis, PO21 1DQ, West Sussex.
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.
4
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,567 
5,718 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
2,849 
2,849 
VAT
578 
869 
Trade creditors
76,363 
79,147 
Loans from directors
2,338 
1,814 
82,128 
84,679 
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
3,410 
4,986 
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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