Company Registration No. 06721241 (England and Wales)
SNAPPER TV LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2014
SNAPPER TV LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
SNAPPER TV LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 OCTOBER 2014
31 October 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
4,076
2,809
Current assets
Debtors
41,615
76,710
Cash at bank and in hand
12,459
42,270
54,074
118,980
Creditors: amounts falling due within one year
(51,708)
(72,055)
Net current assets
2,366
46,925
Total assets less current liabilities
6,442
49,734
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
6,342
49,634
Shareholders' funds
6,442
49,734
For the financial year ended 31 October 2014 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 year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 23 July 2015
P. E. Clothier
Director
Company Registration No. 06721241
SNAPPER TV LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2014
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
33.3% per annum-straight line basis
2
Fixed assets
Tangible assets
£
Cost
At 1 November 2013
12,317
Additions
2,642
At 31 October 2014
14,959
Depreciation
At 1 November 2013
9,508
Charge for the year
1,375
At 31 October 2014
10,883
Net book value
At 31 October 2014
4,076
At 31 October 2013
2,809
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100