Registered number
10809806
SNAZZY NORM HOLDINGS LTD
Unaudited Filleted Accounts
31 August 2024
SNAZZY NORM HOLDINGS LTD
Registered number: 10809806
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 64,990 73,837
Investments 4 240,106 240,106
305,096 313,943
Current assets
Debtors 5 934,825 559,180
Cash at bank and in hand 431,910 948,126
1,366,735 1,507,306
Creditors: amounts falling due within one year 6 (129,529) (79,940)
Net current assets 1,237,206 1,427,366
Total assets less current liabilities 1,542,302 1,741,309
Creditors: amounts falling due after more than one year 7 (50,055) (73,373)
Net assets 1,492,247 1,667,936
Capital and reserves
Called up share capital 102 102
Profit and loss account 1,492,145 1,667,834
Shareholders' funds 1,492,247 1,667,936
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
C Piper
Director
Approved by the board on 29 August 2025
SNAZZY NORM HOLDINGS LTD
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 0
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 September 2023 74,000 11,308 85,308
At 31 August 2024 74,000 11,308 85,308
Depreciation
At 1 September 2023 7,400 4,071 11,471
Charge for the year 7,400 1,447 8,847
At 31 August 2024 14,800 5,518 20,318
Net book value
At 31 August 2024 59,200 5,790 64,990
At 31 August 2023 66,600 7,237 73,837
4 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 September 2023 240,106
At 31 August 2024 240,106
5 Debtors 2024 2023
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 32,989 32,989
Other debtors 901,836 526,191
934,825 559,180
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 10,657 10,906
Taxation and social security costs 1,843 529
Other creditors 117,029 68,505
129,529 79,940
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 10,992 19,910
Obligations under finance lease and hire purchase contracts 39,063 53,463
50,055 73,373
8 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
Christopher James Piper
[Loan 1] 505,710 257,737 (245,149) 518,298
505,710 257,737 (245,149) 518,298
9 Other information
SNAZZY NORM HOLDINGS LTD is a private company limited by shares and incorporated in England. Its registered office is:
300 St. Marys Road
Garston
Liverpool
Merseyside
L19 0NQ
SNAZZY NORM HOLDINGS LTD 10809806 false 2023-09-01 2024-08-31 2024-08-31 VT Final Accounts April 2025 C Piper No description of principal activity 10809806 2022-09-01 2023-08-31 10809806 core:WithinOneYear 2023-08-31 10809806 core:AfterOneYear 2023-08-31 10809806 core:ShareCapital 2023-08-31 10809806 core:RetainedEarningsAccumulatedLosses 2023-08-31 10809806 2023-09-01 2024-08-31 10809806 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 10809806 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 10809806 bus:Director40 2023-09-01 2024-08-31 10809806 1 2023-09-01 2024-08-31 10809806 2 2023-09-01 2024-08-31 10809806 core:LandBuildings 2023-09-01 2024-08-31 10809806 core:PlantMachinery 2023-09-01 2024-08-31 10809806 bus:Director1 2023-09-01 2024-08-31 10809806 bus:Director1 1 2023-09-01 2024-08-31 10809806 countries:England 2023-09-01 2024-08-31 10809806 bus:FRS102 2023-09-01 2024-08-31 10809806 bus:FilletedAccounts 2023-09-01 2024-08-31 10809806 2024-08-31 10809806 core:WithinOneYear 2024-08-31 10809806 core:AfterOneYear 2024-08-31 10809806 core:ShareCapital 2024-08-31 10809806 core:RetainedEarningsAccumulatedLosses 2024-08-31 10809806 core:LandBuildings 2024-08-31 10809806 core:PlantMachinery 2024-08-31 10809806 bus:Director1 1 2024-08-31 10809806 2023-08-31 10809806 core:LandBuildings 2023-08-31 10809806 core:PlantMachinery 2023-08-31 10809806 bus:Director1 1 2023-08-31 iso4217:GBP xbrli:pure