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REGISTERED NUMBER: 04379027 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28TH FEBRUARY 2025

FOR

SNOWCOOL LIMITED

SNOWCOOL LIMITED (REGISTERED NUMBER: 04379027)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SNOWCOOL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28TH FEBRUARY 2025







DIRECTORS: M Shah
U Shah
V Shah
Mrs K Pickles





REGISTERED OFFICE: 8 Shiredale Close
Cheadle Hulme
Cheadle
SK8 5RY





REGISTERED NUMBER: 04379027 (England and Wales)





ACCOUNTANTS: Chandley Robinson Limited
Chartered Accountants
8A Manor Close
Cheadle Hulme
CHEADLE
Cheshire
SK8 7DJ

SNOWCOOL LIMITED (REGISTERED NUMBER: 04379027)

BALANCE SHEET
28TH FEBRUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2 2
Investment property 5 572,849 572,849
572,851 572,851

CURRENT ASSETS
Debtors 6 177 2,320
Cash at bank 24,895 4,743
25,072 7,063
CREDITORS
Amounts falling due within one year 7 17,461 15,145
NET CURRENT ASSETS/(LIABILITIES) 7,611 (8,082 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

580,462

564,769

PROVISIONS FOR LIABILITIES 60,287 60,287
NET ASSETS 520,175 504,482

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 257,014 257,014
Retained earnings 263,061 247,368
SHAREHOLDERS' FUNDS 520,175 504,482

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SNOWCOOL LIMITED (REGISTERED NUMBER: 04379027)

BALANCE SHEET - continued
28TH FEBRUARY 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15th April 2025 and were signed on its behalf by:





M Shah - Director


SNOWCOOL LIMITED (REGISTERED NUMBER: 04379027)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2025


1. STATUTORY INFORMATION

Snowcool Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of rents received.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost

Investment property
Investment properties are properties held to earn rentals and/or capital appreciation. Investment properties are initially measured at cost, including transaction costs.

Subsequently investment properties are measured at fair value. Investment property valuations are based on open market value. Gains and losses arising from changes in the fair value of investment properties are included in the Statement of Income and Retained Earnings in the period in which they arise.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

SNOWCOOL LIMITED (REGISTERED NUMBER: 04379027)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2025


4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st March 2024
and 28th February 2025 2,067
DEPRECIATION
At 1st March 2024
and 28th February 2025 2,065
NET BOOK VALUE
At 28th February 2025 2
At 29th February 2024 2

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st March 2024
and 28th February 2025 572,849
NET BOOK VALUE
At 28th February 2025 572,849
At 29th February 2024 572,849

Fair value at 28th February 2025 is represented by:
£   
Valuation in 2015 245,131
Valuation in 2016 40,000
Valuation in 2017 50,000
Valuation in 2018 60,000
Valuation in 2019 (15,679 )
Valuation in 2020 38,000
Valuation in 2021 17,000
Valuation in 2022 (13,000 )
Valuation in 2023 13,000
Valuation in 2024 (117,151 )
Cost 255,548
572,849

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 177 2,320

SNOWCOOL LIMITED (REGISTERED NUMBER: 04379027)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2025


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 1,596 319
Other creditors 15,865 14,826
17,461 15,145

8. RESERVES
Fair
value
reserve
£   
At 1st March 2024
and 28th February 2025 257,014

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the financial year end the director, Mr M Shah's loan accounts was £13,510 (2023-£10.098) in credit. This loan is repayable on demand.

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £1,000 (2024 - £1,000) were paid to the directors .

During the year, the director, Mr M Shah, charged £104, for the use of his home as an office.