1 November 2024 false Taxfiler 2024.6 07807095business:PrivateLimitedCompanyLtd2024-11-012025-10-31 078070952024-10-31 078070952024-11-012025-10-31 07807095business:AuditExemptWithAccountantsReport2024-11-012025-10-31 07807095business:FilletedAccounts2024-11-012025-10-31 078070952025-10-31 07807095business:Director12024-11-012025-10-31 07807095business:RegisteredOffice2024-11-012025-10-31 078070952024-10-31 07807095core:WithinOneYear2025-10-31 07807095core:WithinOneYear2024-10-31 07807095core:AfterOneYear2025-10-31 07807095core:AfterOneYear2024-10-31 07807095core:ShareCapitalcore:PreviouslyStatedAmount2025-10-31 07807095core:ShareCapitalcore:PreviouslyStatedAmount2024-10-31 07807095core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-10-31 07807095core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 07807095core:PreviouslyStatedAmount2025-10-31 07807095core:PreviouslyStatedAmount2024-10-31 07807095business:SmallEntities2024-11-012025-10-31 07807095countries:EnglandWales2024-11-012025-10-31 07807095core:PlantMachinery2024-11-012025-10-31 07807095core:ComputerEquipment2024-11-012025-10-31 07807095core:PlantMachinery2024-10-31 07807095core:ComputerEquipment2024-10-31 07807095core:PlantMachinery2025-10-31 07807095core:ComputerEquipment2025-10-31 07807095business:OrdinaryShareClass12024-11-012025-10-31 07807095business:OrdinaryShareClass12023-11-012024-10-31 078070952023-11-012024-10-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 07807095 (England and Wales)
SNR Inc Ltd Unaudited accounts for the year ended 31 October 2025
SNR Inc Ltd Unaudited accounts Contents
Page
- 2 -
SNR Inc Ltd Company Information for the year ended 31 October 2025
Director
Farrukh Rizwani
Company Number
07807095 (England and Wales)
Registered Office
5 Indigo Drive Burbage Hinckley Leicestershire LE10 2QJ England
Accountants
Capital Talks LLP Accountants & Tax consultants 310D - EW Sterling House Langston Road Loughton IG10 3TS
- 3 -
SNR Inc Ltd Statement of financial position as at 31 October 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
16,501 
42,020 
Current assets
Inventories
16,555 
- 
Debtors
1,087,965 
1,601,084 
Cash at bank and in hand
187,337 
118,466 
1,291,857 
1,719,550 
Creditors: amounts falling due within one year
(681,294)
(779,286)
Net current assets
610,563 
940,264 
Total assets less current liabilities
627,064 
982,284 
Creditors: amounts falling due after more than one year
(194,942)
(431,203)
Net assets
432,122 
551,081 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
432,112 
551,071 
Shareholders' funds
432,122 
551,081 
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 July 2026 and were signed on its behalf by
Farrukh Rizwani Director Company Registration No. 07807095
- 4 -
SNR Inc Ltd Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
SNR Inc Ltd is a private company, limited by shares, registered in England and Wales, registration number 07807095. The registered office is 5 Indigo Drive, Burbage, Hinckley, Leicestershire, LE10 2QJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on cost.
Computer equipment
20% on cost.
Deferred taxation
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 accounts. 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 current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
- 5 -
SNR Inc Ltd Notes to the Accounts for the year ended 31 October 2025
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2024
78,955 
22,982 
101,937 
Additions
4,394 
4,011 
8,405 
Disposals
(10,000)
- 
(10,000)
At 31 October 2025
73,349 
26,993 
100,342 
Depreciation
At 1 November 2024
50,015 
9,902 
59,917 
Charge for the year
19,529 
4,395 
23,924 
At 31 October 2025
69,544 
14,297 
83,841 
Net book value
At 31 October 2025
3,805 
12,696 
16,501 
At 31 October 2024
28,940 
13,080 
42,020 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
98,368 
146,177 
Trade debtors
992,539 
1,436,546 
Accrued income and prepayments
7,205 
8,507 
Other debtors
(10,147)
9,854 
1,087,965 
1,601,084 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
38,804 
128,710 
Obligations under finance leases and hire purchase contracts
1,680 
8,208 
Trade creditors
590,263 
489,874 
Taxes and social security
39,640 
59,240 
Loans from directors
1,906 
53,245 
Accruals
9,001 
40,009 
681,294 
779,286 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
194,942 
431,203 
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
10 
- 6 -
SNR Inc Ltd Notes to the Accounts for the year ended 31 October 2025
9
Loans to directors
At 31 October 2025 the company owed £1,905.73/- to F. Rizwani as a result of loans made to the company. The loans are unsecured and interest free. The director, F Rizwani, controls the company as a result of controlling directly 100% of the issued shares capital.
10
Average number of employees
During the year the average number of employees was 7 (2024: 10).
- 7 -