1 November 2024 false No description of principal activity Taxfiler 2024.6 09834573business:PrivateLimitedCompanyLtd2024-11-012026-03-31 098345732024-10-31 098345732024-11-012026-03-31 09834573business:AuditExempt-NoAccountantsReport2024-11-012026-03-31 09834573business:FilletedAccounts2024-11-012026-03-31 098345732026-03-31 09834573business:Director12024-11-012026-03-31 09834573business:Director22024-11-012026-03-31 09834573business:RegisteredOffice2024-11-012026-03-31 098345732024-10-31 09834573core:WithinOneYear2026-03-31 09834573core:WithinOneYear2024-10-31 09834573core:AfterOneYear2026-03-31 09834573core:AfterOneYear2024-10-31 09834573core:ShareCapitalcore:PreviouslyStatedAmount2026-03-31 09834573core:ShareCapitalcore:PreviouslyStatedAmount2024-10-31 09834573core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2026-03-31 09834573core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 09834573core:PreviouslyStatedAmount2026-03-31 09834573core:PreviouslyStatedAmount2024-10-31 09834573business:SmallEntities2024-11-012026-03-31 09834573countries:EnglandWales2024-11-012026-03-31 09834573core:ComputerEquipment2024-11-012026-03-31 09834573core:LandBuildings2024-10-31 09834573core:ComputerEquipment2024-10-31 09834573core:LandBuildings2024-11-012026-03-31 09834573core:LandBuildings2026-03-31 09834573core:ComputerEquipment2026-03-31 098345732023-11-012024-10-31 iso4217:GBP xbrli:pure
Company Registration No. 09834573 (England and Wales)
SNB DEVELOPMENTS LTD Unaudited accounts for the period from 1 November 2024 to 31 March 2026
SNB DEVELOPMENTS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SNB DEVELOPMENTS LTD Company Information for the period from 1 November 2024 to 31 March 2026
Directors
J I SHEPHERD N BROWN
Company Number
09834573 (England and Wales)
Registered Office
170 High Street East Wallsend Tyne and Wear NE28 7RP England
Accountants
ALAN GRAY AND SONS ACCOUNTANTS LTD TOWN HALL CHAMBERS HIGH STREET EAST WALLSEND TYNE AND WEAR NE28 7AT
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SNB DEVELOPMENTS LTD Statement of financial position as at 31 March 2026
2026 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
236,426 
91,859 
Current assets
Debtors
5
973 
1,020 
Cash at bank and in hand
5,422 
108 
6,395 
1,128 
Creditors: amounts falling due within one year
6
(19,145)
(20,717)
Net current liabilities
(12,750)
(19,589)
Total assets less current liabilities
223,676 
72,270 
Creditors: amounts falling due after more than one year
7
(142,733)
- 
Net assets
80,943 
72,270 
Capital and reserves
Called up share capital
50 
50 
Profit and loss account
80,893 
72,220 
Shareholders' funds
80,943 
72,270 
For the period ending 31 March 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 21 October 2026 and were signed on its behalf by
J I SHEPHERD Director Company Registration No. 09834573
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SNB DEVELOPMENTS LTD Notes to the Accounts for the period from 1 November 2024 to 31 March 2026
1
Statutory information
SNB DEVELOPMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 09834573. The registered office is 170 High Street East, Wallsend, Tyne and Wear, NE28 7RP, 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
These financial statements for the period from 1 November 2024 to 31 March 2026 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Computer equipment
33% straight line
4
Tangible fixed assets
Land & buildings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2024
91,859 
1,657 
93,516 
Additions
144,567 
- 
144,567 
At 31 March 2026
236,426 
1,657 
238,083 
Depreciation
At 1 November 2024
- 
1,657 
1,657 
At 31 March 2026
- 
1,657 
1,657 
Net book value
At 31 March 2026
236,426 
- 
236,426 
At 31 October 2024
91,859 
- 
91,859 
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SNB DEVELOPMENTS LTD Notes to the Accounts for the period from 1 November 2024 to 31 March 2026
5
Debtors
2026 
2024 
£ 
£ 
Amounts falling due within one year
VAT
973 
1,020 
6
Creditors: amounts falling due within one year
2026 
2024 
£ 
£ 
Taxes and social security
108 
108 
Other creditors
396 
1,918 
Loans from directors
18,291 
18,291 
Accruals
350 
400 
19,145 
20,717 
7
Creditors: amounts falling due after more than one year
2026 
2024 
£ 
£ 
Amounts owed to group undertakings and other participating interests
142,733 
- 
8
Average number of employees
During the period the average number of employees was 0 (2024: 0).
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