Registration number: 11707161

Snugs Holdings Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2

Snugs Holdings Ltd

(Registration number: 11707161)
Balance Sheet as at 31 March 2025

	2025 £	2024 £
Fixed assets	217	217
Current assets	1,417,660	1,312,090
Creditors: Amounts falling due within one year	(677,543)	(677,543)
Net current assets	740,117	634,547
Total assets less current liabilities	740,334	634,764
Accruals and deferred income	(2,880)	(8,898)
	737,454	625,866
Capital and reserves	737,454	625,866

For the financial 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the micro entities regime and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 December 2025 and signed on its behalf by:
 

Mr P Jobin Director

Snugs Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Windwhistle Farm
Treborough
Watchet
TA23 0QW

These financial statements were authorised for issue by the Board on 4 December 2025.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

The financial statements are prepared in sterling, which is the functional and presentational currency of the company, and rounded to the nearest £.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

3	Post balance sheet events

Non-adjusting event

Post year end the Future Fund loan has been converted to equity.

At the balance sheet date this Fund was held within creditors with a value of £560,000.