0 false false false false false false false false false false true false false false false false false No description of principal activity 2024-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 12,130 12,130 12,130 7,673 1,535 1,535 6,138 7,673 xbrli:pure xbrli:shares iso4217:GBP SC555860 2024-04-01 2025-03-31 SC555860 2025-03-31 SC555860 2024-03-31 SC555860 2023-04-01 2024-03-31 SC555860 2024-03-31 SC555860 2023-03-31 SC555860 core:PlantMachinery 2024-04-01 2025-03-31 SC555860 core:NetGoodwill 2024-04-01 2025-03-31 SC555860 bus:Director2 2024-04-01 2025-03-31 SC555860 bus:Director1 2024-04-01 2025-03-31 SC555860 core:PlantMachinery 2025-03-31 SC555860 core:WithinOneYear 2025-03-31 SC555860 core:WithinOneYear 2024-03-31 SC555860 core:ShareCapital 2025-03-31 SC555860 core:ShareCapital 2024-03-31 SC555860 core:RetainedEarningsAccumulatedLosses 2025-03-31 SC555860 core:RetainedEarningsAccumulatedLosses 2024-03-31 SC555860 core:NetGoodwill 2025-03-31 SC555860 core:NetGoodwill 2024-03-31 SC555860 core:PlantMachinery 2024-03-31 SC555860 bus:Director1 2024-03-31 SC555860 bus:Director1 2023-03-31 SC555860 bus:SmallEntities 2024-04-01 2025-03-31 SC555860 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 SC555860 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC555860 bus:EntityNoLongerTradingButTradedInPast 2024-04-01 2025-03-31 SC555860 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC555860 bus:FullAccounts 2024-04-01 2025-03-31
COMPANY REGISTRATION NUMBER: SC555860

Snowdrops.Me Limited

Filleted Unaudited Financial Statements

31 March 2025

Snowdrops.Me Limited

Statement of Financial Position

31 March 2025

| 2025 | 2024
Note | £ | £

Fixed Assets

Intangible assets | 4 | 12,130 | 12,130
Tangible assets | 5 | 6,138 | 7,673
| -------- | --------
| 18,268 | 19,803

Current Assets

Debtors | 6 | 78 | –
Cash at bank and in hand | 8,252 | 5,165
| ------- | -------
| 8,330 | 5,165

Creditors: amounts falling due within one year | 7 | 13,069 | 12,627
| -------- | --------
Net Current Liabilities | 4,739 | 7,462
| -------- | --------
Total Assets Less Current Liabilities | 13,529 | 12,341
| -------- | --------

Capital and Reserves

Called up share capital | 100 | 100
Profit and loss account | 13,429 | 12,241
| -------- | --------
Shareholders Funds | 13,529 | 12,341
| -------- | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Snowdrops.Me Limited

Statement of Financial Position (continued)

31 March 2025
These financial statements were approved by the board of directors and authorised for issue on 29 September 2025 , and are signed on behalf of the board by:

Mr P Rushton
Director

Company registration number: SC555860

Snowdrops.Me Limited

Notes to the Financial Statements

Year Ended 31 March 2025
1. General Information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is 5 West Victoria Dock Road, Dundee, DD1 3JT.
2. Statement of Compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Going Concern
The director has prepared detailed financial forecasts and, coupled with the positive net assets of the company of £13,529 (2024 - £12,341), considers the company as a going concern.
Judgements and Key Sources of Estimation Uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue Recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Corporation Tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Goodwill
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.
Tangible Assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | 20% straight line

Impairment of Fixed Assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
4. Intangible Assets

| Goodwill
| £
Cost |
At 1 April 2024 and 31 March 2025 | 12,130
| --------
Amortisation |
At 1 April 2024 and 31 March 2025 | –
| --------
Carrying amount |
At 31 March 2025 | 12,130
| --------
At 31 March 2024 | 12,130
| --------

5. Tangible Assets

| Plant and machinery
| £
Cost |
At 1 April 2024 and 31 March 2025 | 7,673
| -------
Depreciation |
At 1 April 2024 | –
Charge for the year | 1,535
| -------
At 31 March 2025 | 1,535
| -------
Carrying amount |
At 31 March 2025 | 6,138
| -------
At 31 March 2024 | 7,673
| -------

6. Debtors

| 2025 | 2024
| £ | £
Other debtors | 78 | –
| ---- | ----

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Corporation tax | 639 | 197
Other creditors | 12,430 | 12,430
| -------- | --------
| 13,069 | 12,627
| -------- | --------

8. Directors' Advances, Credits and Guarantees
During the year the directors entered into the following advances and credits with the company:

| Balance brought forward and outstanding
| 2025 | 2024
| £ | £
Mrs H Rushton | ( 12,130) | ( 12,130)
| -------- | --------

9. Related Party Transactions
The company was under the control of Mr Paul Rushton and Mrs H Rushton throughout the current period. Mr Paul Rushton is the managing director and 50% shareholder. Mrs H Rushton is a 50% shareholder. During the year the company operated an intercompany loan account and at the year end was due to pay £300 (2024 - £300) to Invinceus Group Limited. There are no set repayment terms or interest accruing on these balances, however are repayable on demand to the related party.