Snetterton Telecom Limited |
Registered Number:13946907 |
For the period ended 31 March 2023
England and Wales
Unaudited Financial Statements
For the period ended 31 March 2023
Snetterton Telecom Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Snetterton Telecom Limited
Statement of Financial Position
2023
Trade and other receivables |
2,526
2
Cash and cash equivalents |
8,032
10,558
Trade and other payables: amounts falling due within one |
year |
(11,005)
3
(447)
Net current liabilities
Total assets less current liabilities |
(447)
(447)
Net assets/liabilities
2
(449)
(447)
Shareholders' funds
For the period ended 31 March 2023 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 of its financial statements for the period ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 29 November 2023 and were signed by: |
The notes form part of these financial statements |
1 of 3
For the period ended 31 March 2023
Snetterton Telecom Limited
Notes to the Financial Statements
Statutory Information
Snetterton Telecom Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 13946907. |
Snetterton Park, Unit 3F Harling Road
Snetterton
Norwich
Norfolk
NR16 2JU
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding value added tax.
Going Concern
At 31 March 2023, the company had net liabilities and net current liabilities of £447. The directors have considered |
the availability of working capital at 31 March together with the continued support from the company's shareholders |
and connected businesses, and is of the opinion that this will be sufficient to enable the company to continue |
operating for at least the 12 months from the date of signing these accounts, and pay its debts as they fall due. The |
directors have therefore concluded that the accounts should be prepared on a going concern basis. |
2. Trade and other receivables |
2023
252
2,274
2,526
3. Trade and other payables: amounts falling due within one year |
2023
11,005
2 of 3
For the period ended 31 March 2023
Snetterton Telecom Limited
Notes to the Financial Statements Continued
4. Related party transactions |
During the year the company received loans of £10,572 from a related party. The loans were provided interest free |
but are repayable on demand. The balance outstanding at the end of the year was £10,572. This is included in Other |
creditors in note 3 of the accounts. |
5. Average number of persons employed |
During the year the average number of employees was 2
3 of 3