IRIS Accounts Production v25.2.0.378 14196521 director 1.7.24 30.6.25 30.6.25 false true false false true false Ordinary 0.0100 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh141965212024-06-30141965212025-06-30141965212024-07-012025-06-30141965212023-06-30141965212023-07-012024-06-30141965212024-06-3014196521ns15:EnglandWales2024-07-012025-06-3014196521ns14:PoundSterling2024-07-012025-06-3014196521ns10:Director12024-07-012025-06-3014196521ns10:PrivateLimitedCompanyLtd2024-07-012025-06-3014196521ns10:SmallEntities2024-07-012025-06-3014196521ns10:AuditExempt-NoAccountantsReport2024-07-012025-06-3014196521ns10:SmallCompaniesRegimeForDirectorsReport2024-07-012025-06-3014196521ns10:SmallCompaniesRegimeForAccounts2024-07-012025-06-3014196521ns10:FullAccounts2024-07-012025-06-3014196521ns10:OrdinaryShareClass12024-07-012025-06-3014196521ns10:RegisteredOffice2024-07-012025-06-3014196521ns5:CurrentFinancialInstruments2025-06-3014196521ns5:CurrentFinancialInstruments2024-06-3014196521ns5:ShareCapital2025-06-3014196521ns5:ShareCapital2024-06-3014196521ns5:RetainedEarningsAccumulatedLosses2025-06-3014196521ns5:RetainedEarningsAccumulatedLosses2024-06-3014196521ns5:FurnitureFittings2024-07-012025-06-3014196521ns5:MotorVehicles2024-07-012025-06-3014196521ns5:ComputerEquipment2024-07-012025-06-3014196521ns5:FurnitureFittings2024-06-3014196521ns5:MotorVehicles2024-06-3014196521ns5:ComputerEquipment2024-06-3014196521ns5:FurnitureFittings2025-06-3014196521ns5:MotorVehicles2025-06-3014196521ns5:ComputerEquipment2025-06-3014196521ns5:FurnitureFittings2024-06-3014196521ns5:MotorVehicles2024-06-3014196521ns5:ComputerEquipment2024-06-3014196521ns5:WithinOneYearns5:CurrentFinancialInstruments2025-06-3014196521ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3014196521ns10:OrdinaryShareClass12025-06-30
REGISTERED NUMBER: 14196521 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

SNFTY LTD

SNFTY LTD (REGISTERED NUMBER: 14196521)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


SNFTY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2025







DIRECTOR: Mr A Trocino





REGISTERED OFFICE: Unit 2.02 High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 14196521 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02 High Weald House
Glovers End, Bexhill,
East Sussex,
United Kingdom
TN39 5ES

SNFTY LTD (REGISTERED NUMBER: 14196521)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 161,800 98,029

CURRENT ASSETS
Debtors 5 16,366 2,778
Cash at bank and in hand 58,123 3,870
74,489 6,648
CREDITORS
Amounts falling due within one year 6 56,456 32,000
NET CURRENT ASSETS/(LIABILITIES) 18,033 (25,352 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

179,833

72,677

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 179,733 72,577
SHAREHOLDERS' FUNDS 179,833 72,677

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

SNFTY LTD (REGISTERED NUMBER: 14196521)

STATEMENT OF FINANCIAL POSITION - continued
30 JUNE 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 August 2025 and were signed by:





Mr A Trocino - Director


SNFTY LTD (REGISTERED NUMBER: 14196521)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025


1. STATUTORY INFORMATION

SNFTY LTD 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

SIGNIFICANT JUDGEMENTS AND ESTIMATES
In preparing the financial statements, the directors are required to make estimates and judgments about the carrying amounts of assets and liabilities. The estimates and assumptions are reviewed on an ongoing basis and are based on historical experience and other factors that are considered by the directors to be relevant. Revision to accounting estimates are recognised in the period in which the estimate is revised.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

SNFTY LTD (REGISTERED NUMBER: 14196521)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2025


2. ACCOUNTING POLICIES - continued

FINANCIAL INSTRUMENTS
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognized in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset , with the net amounts presented in the financial statements , when there is a legally enforceable right to set off the recognized amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans and loans from fellow group companies that are classified as debt, are initially recognized at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payment discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors greater than one year are recognized initially at transaction price and subsequently measured at amortised cost using the effective interest method.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.


SNFTY LTD (REGISTERED NUMBER: 14196521)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2025


2. ACCOUNTING POLICIES - continued
DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

GOING CONCERN
The financial statements have been prepared on the going concern basis on the assumption that the Company's director will continue to support the Company by providing adequate facilities to enable the company to meet it financial obligations as they fall due for a period of at least twelve months from the date on which these financial statements are signed.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
Cost
At 1 July 2024 2,248 90,335 11,476 104,059
Additions 916 90,671 11,754 103,341
At 30 June 2025 3,164 181,006 23,230 207,400
Depreciation
At 1 July 2024 359 1,856 3,815 6,030
Charge for year 933 35,970 2,667 39,570
At 30 June 2025 1,292 37,826 6,482 45,600
Net book value
At 30 June 2025 1,872 143,180 16,748 161,800
At 30 June 2024 1,889 88,479 7,661 98,029

SNFTY LTD (REGISTERED NUMBER: 14196521)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2025


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 12,000 -
Other debtors 4,366 2,778
16,366 2,778

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 12,750 -
Other creditors 43,706 32,000
56,456 32,000

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100,000 Ordinary £0.00 1 100 100