Snowdrop Holdings Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10222634

Snowdrop Holdings Limited

Filleted Unaudited Financial Statements

For the year ended

31 October 2025

Snowdrop Holdings Limited

Financial Statements

Year ended 31 October 2025

Contents	Page

Officers and professional advisers	1

Report to the director on the preparation of the unaudited statutory financial statements	2

Statement of financial position	3

Notes to the financial statements	5

Snowdrop Holdings Limited

Officers and Professional Advisers

Director	Mr J Melville

Registered office	Newland Fach
	Llangan
	Vale of Glamorgan
	CF35 5DN

Accountants	Clay Shaw Thomas Ltd

	2 Oldfield Road
	Bocam Park
	Bridgend
	CF35 5LJ

Bankers	Handelsbanken Plc
	18 Park Place
	Cardiff
	CF103DQ

Snowdrop Holdings Limited

Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Snowdrop Holdings Limited

Year ended 31 October 2025

Accountant's Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Snowdrop Holdings Limited You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

Clay Shaw Thomas Ltd

2 Oldfield Road Bocam Park Bridgend CF35 5LJ

6 August 2026

Snowdrop Holdings Limited

Statement of Financial Position

31 October 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	4	( 143)	1,074,971
Investments	5	100	100
		----	-----------
		( 43)	1,075,071

Current assets

Cash at bank and in hand	838,786		24,408

Creditors: amounts falling due within one year	6	474,456		574,176
		---------		---------
Net current assets/(liabilities)			364,330	( 549,768)
			---------	-----------
Total assets less current liabilities			364,287	525,303

Provisions	–	85,993
	---------	---------
Net assets	364,287	439,310
	---------	---------

Capital and reserves

Called up share capital	100	100
Fair value reserve	–	258,000
Profit and loss account	364,187	181,210
	---------	---------
Shareholder funds	364,287	439,310
	---------	---------

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 comprehensive income has not been delivered.

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.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Snowdrop Holdings Limited

Statement of Financial Position (continued)

31 October 2025

These financial statements were approved by the board of directors and authorised for issue on 6 August 2026 , and are signed on behalf of the board by:

Mr J Melville
Director

Company registration number: 10222634

Snowdrop Holdings Limited

Notes to the Financial Statements

Year ended 31 October 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Newland Fach, Llangan, Vale of Glamorgan, CF35 5DN.

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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Revenue recognition

Turnover represents the consideration received for rental income on a straight line basis over the lease term.

Taxation

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.

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:

	Equipment	-	20 % straight line

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss. If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

4. Tangible assets

	Investment property	Equipment	Total
	£	£	£
Cost
At 1 November 2024	1,075,000	567	1,075,567
Disposals	( 1,075,000)	–	( 1,075,000)
	-----------	----	-----------
At 31 October 2025	–	567	567
	-----------	----	-----------
Depreciation
At 1 November 2024	–	596	596
Charge for the year	–	114	114
	-----------	----	-----------
At 31 October 2025	–	710	710
	-----------	----	-----------
Carrying amount
At 31 October 2025	–	( 143)	( 143)
	-----------	----	-----------
At 31 October 2024	1,075,000	( 29)	1,074,971
	-----------	----	-----------

At the end of the reporting period the investment property had a market value of £1,075,000 (2022: £1,032,000) representing a gain of £43,000, as reported in the profit and loss.

5. Investments

	Shares in group undertakings
	£
Cost
At 1 November 2024 and 31 October 2025	100
	----
Impairment
At 1 November 2024 and 31 October 2025	–
	----

Carrying amount
At 31 October 2025	100
	----
At 31 October 2024	100
	----

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	100	100
Social security and other taxes	10,586	13,200
Alltrust Pension control	2,121	1,071
Other creditors	461,649	559,805
	---------	---------
	474,456	574,176
	---------	---------

7. Related party transactions

Included within creditors are loans due to the company shareholders as follows:

		2025
		£
	Balance as at 1 November 2024	533,077
	Repaid	(161,000)
	Dividend	35,000
	Interest net of tax	41,599
		---------
	Balance as at 31 October 2025	448,676
		---------

The shareholders charge a commercial rate of interest at 8% on the loan. There are no fixed terms of repayment.