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Registered number: 02649780
SNOWDROP SYSTEMS LIMITED
UNAUDITED
DIRECTORS' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
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CONTENTS
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Notes to the Financial Statements
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DIRECTORS' REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2025
The directors present their report and the unaudited financial statements of Snowdrop Systems Limited (“the Company”) for the year ended 30 September 2025.
The Company has not traded during the year and the directors do not expect the Company to trade in the forthcoming year.
The directors who served during the year and up to the dates of signing of the financial statements were:
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Victoria Louise Bradin (appointed 23 January 2025, resigned 23 January 2026)
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Indemnity provisions
The ultimate parent company, The Sage Group plc, maintained liability insurance for its directors and officers during the financial year and up to the date of approval of these financial statements. The Sage Group Plc has also provided an indemnity for its directors and the company secretary, which is a qualifying third-party indemnity provision for the purposes of the Companies Act 2006.
This report was approved by the Board on 25 February 2026 and signed on its behalf.
C23 - 5&6 Cobalt Park Way,
Cobalt Park,
Newcastle upon Tyne,
NE28 9EJ
Page 1
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REGISTERED NUMBER: 02649780
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BALANCE SHEET
AS AT 30 SEPTEMBER 2025
Equity attributable to owners of the parent
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Capital redemption reserve
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For the year ending 30 September 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies and its 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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and authorised for issue by the Board and were signed on its behalf on 25 February 2026.
The notes on pages 3 to 5 form part of these financial statements.
Page 2
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Snowdrop Systems Limited (“the Company”) is a private company limited by shares incorporated in England and Wales
The registered office address of the Company is C23 - 5 & 6 Cobalt Park Way, Cobalt Park, Newcastle upon Tyne, NE28 9EJ, United Kingdom.
2.Accounting policies
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006, including the provisions of the Small Companies (Accounts and Reports) Regulations 2008, and under the historical cost convention.
In accordance with section 35 of FRS 102, the Company has elected to retain its accounting policies pre-transition to FRS 102 (1 October 2014) for reported assets, liabilities and equity, until such time that it is not dormant.
The Company has not traded during the year or the preceding financial period. During this time the Company received no income and incurred no expenditure and therefore no Income statement is presented in these financial statements.
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Taxation on profit on ordinary activities
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Page 3
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
4.Taxation (continued)
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Factors affecting tax charge for the year
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The tax assessed for the year is lower than (2024 - lower than) the standard rate of corporation tax in the UK of 25% (2024 - 25%). The differences are explained below:
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Profit on ordinary activities before tax
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Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2024 - 25%)
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Total tax charge for the year
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Amounts owed by group undertakings
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Amounts owed by group undertakings are unsecured, interest free and repayable on demand.
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Page 4
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
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100,000 (2024 - 100,000) Ordinary shares of £1 each
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60,000 (2024 - 60,000) Preference shares of £1 each
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Allotted, called up and fully paid
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29,890 (2024 - 29,890) Allotted, issued and fully paid shares of £1.00 each
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Capital redemption reserve
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At 1 October 2024 & 30 September 2025
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Immediate and ultimate parent company
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The Company’s immediate parent undertaking is Sage (UK) Ltd, a company registered in England and Wales.
The ultimate parent undertaking and ultimate controlling party is The Sage Group plc, a company registered in England and Wales. The Sage Group plc is the largest and smallest group to consolidate these financial statements. Copies of the group financial statements can be obtained from the registered office at C23 - 5 & 6 Cobalt Park Way, Cobalt Park, Newcastle upon Tyne, NE28 9EJ.
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