Company No: 06020618 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Intangible assets	3	6,000		8,400
Tangible assets	4	885		609
		6,885		9,009
Current assets
Debtors	5	58,128		42,736
Cash at bank and in hand		91,826		224,177
		149,954		266,913
Creditors: amounts falling due within one year	6	( 31,463)		( 95,742)
Net current assets		118,491		171,171
Total assets less current liabilities		125,376		180,180
Provision for liabilities		0		( 152)
Net assets		125,376		180,028
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		125,276		179,928
Total shareholders' funds		125,376		180,028

For the financial year ending 31 March 2026 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 financial year 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Snow Goose Productions Limited (registered number: 06020618) were approved and authorised for issue by the Board of Directors on 10 July 2026. They were signed on its behalf by:

Mr D G Gibson Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Snow Goose Productions Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Sigma House Oak View Close, Edginswell Park, Torquay, TQ2 7FF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

10 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Office equipment

3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 April 2025	24,000		24,000
At 31 March 2026	24,000		24,000
Accumulated amortisation
At 01 April 2025	15,600		15,600
Charge for the financial year	2,400		2,400
At 31 March 2026	18,000		18,000
Net book value
At 31 March 2026	6,000		6,000
At 31 March 2025	8,400		8,400

4. Tangible assets

	Office equipment		Total
	£		£
Cost
At 01 April 2025	3,209		3,209
Additions	499		499
At 31 March 2026	3,708		3,708
Accumulated depreciation
At 01 April 2025	2,600		2,600
Charge for the financial year	223		223
At 31 March 2026	2,823		2,823
Net book value
At 31 March 2026	885		885
At 31 March 2025	609		609

5. Debtors

	2026		2025
	£		£
Trade debtors	11,271		42,736
Deferred tax asset	13,158		0
VAT recoverable	19,517		0
Corporation tax	14,182		0
	58,128		42,736

6. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	0		2,495
Amounts owed to directors	27,987		51,487
Accruals	2,750		2,750
Taxation and social security	0		37,614
Other creditors	726		1,396
	31,463		95,742

7. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
75 Ordinary A shares of £ 1.00 each	75		75
25 Ordinary B shares of £ 1.00 each	25		25
	100		100