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Company Registration No. 05367946 (England and Wales)
Snagworks Limited Unaudited accounts for the year ended 28 February 2026
Snagworks Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Snagworks Limited Company Information for the year ended 28 February 2026
Directors
John Anthony Law Suzanne Law
Company Number
05367946 (England and Wales)
Registered Office
Devonshire House 237 Ashley Road Hale Altrincham Cheshire WA15 9NE United Kingdom
Accountants
Enso Accountants Ltd 189c Mauldeth Road Manchester M191BA
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Snagworks Limited Statement of financial position as at 28 February 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
266,031 
264,654 
Investments
5
303,330 
90,100 
569,361 
354,754 
Current assets
Inventories
2,500 
2,500 
Debtors
6
83,520 
69,518 
Cash at bank and in hand
470,144 
808,174 
556,164 
880,192 
Creditors: amounts falling due within one year
7
(152,093)
(175,167)
Net current assets
404,071 
705,025 
Net assets
973,432 
1,059,779 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
973,332 
1,059,679 
Shareholders' funds
973,432 
1,059,779 
For the year ending 28 February 2026 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 directors acknowledge their 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 of Directors and authorised for issue on 24 September 2026 and were signed on its behalf by
Suzanne Law Director Company Registration No. 05367946
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Snagworks Limited Notes to the Accounts for the year ended 28 February 2026
1
Statutory information
Snagworks Limited is a private company, limited by shares, registered in England and Wales, registration number 05367946. The registered office is Devonshire House, 237 Ashley Road, Hale, Altrincham, Cheshire, WA15 9NE, United Kingdom.
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.
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% straight line
Motor vehicles
25% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Fixed Asset Investments
Equity investments are measured at fair value through profit or loss.
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
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Snagworks Limited Notes to the Accounts for the year ended 28 February 2026
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2025
214,333 
107,924 
98,052 
420,309 
Additions
- 
1,562 
25,186 
26,748 
Disposals
- 
- 
(44,695)
(44,695)
At 28 February 2026
214,333 
109,486 
78,543 
402,362 
Depreciation
At 1 March 2025
- 
71,888 
83,767 
155,655 
Charge for the year
- 
18,514 
6,857 
25,371 
On disposals
- 
- 
(44,695)
(44,695)
At 28 February 2026
- 
90,402 
45,929 
136,331 
Net book value
At 28 February 2026
214,333 
19,084 
32,614 
266,031 
At 28 February 2025
214,333 
36,036 
14,285 
264,654 
5
Investments
Other investments 
£ 
Valuation at 1 March 2025
90,100 
Additions
215,598 
Disposals
(2,368)
Valuation at 28 February 2026
303,330 
6
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Trade debtors
12,642 
67,133 
Other debtors
70,878 
2,385 
83,520 
69,518 
7
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Trade creditors
3,235 
4,000 
Taxes and social security
1,915 
22,930 
Other creditors
145,443 
147,237 
Accruals
1,500 
1,000 
152,093 
175,167 
8
Average number of employees
During the year the average number of employees was 5 (2025: 5).
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