SNAP TRAVEL TECHNOLOGY LIMITED

SNAP TRAVEL TECHNOLOGY LIMITED

SNAP TRAVEL TECHNOLOGY LIMITED - Company Information

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SNAP TRAVEL TECHNOLOGY LIMITED

Company Registration Number:
10032757 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2019

Period of accounts

Start date: 01 March 2018

End date: 28 February 2019

SNAP TRAVEL TECHNOLOGY LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2019

Balance sheet
Notes

SNAP TRAVEL TECHNOLOGY LIMITED

Balance sheet

As at 28 February 2019


Notes
2019
2018


£
£
Fixed assets
Intangible assets: 2 7,500 10,500
Tangible assets: 3 57,387 31,497
Investments: 4 2 2
Total fixed assets: 64,889 41,999
Current assets
Stocks:   0
Debtors:   587,160 235,635
Cash at bank and in hand: 1,504,307 961,634
Total current assets: 2,091,467 1,197,269
Creditors: amounts falling due within one year:   (523,125) (285,787)
Net current assets (liabilities): 1,568,342 911,482
Total assets less current liabilities: 1,633,231 953,481
Creditors: amounts falling due after more than one year:     0
Provision for liabilities:   0
Total net assets (liabilities): 1,633,231 953,481
Capital and reserves
Called up share capital: 493 298
Share premium account: 7,917,233 2,863,527
Revaluation reserve: 00
Other reserves: 419,579 419,579
Profit and loss account: (6,704,074) (2,329,923)
Shareholders funds: 1,633,231 953,481

The notes form part of these financial statements

SNAP TRAVEL TECHNOLOGY LIMITED

Balance sheet statements

For the year ending 28 February 2019 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 11 June 2019
and signed on behalf of the board by:

Name: Thomas Ableman
Status: Director

The notes form part of these financial statements

SNAP TRAVEL TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SNAP TRAVEL TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2019

2. Intangible Assets

Total
Cost £
At 01 March 2018 15,000
At 28 February 2019 15,000
Amortisation
At 01 March 2018 4,500
Charge for year 3,000
At 28 February 2019 7,500
Net book value
At 28 February 2019 7,500
At 28 February 2018 10,500

SNAP TRAVEL TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2019

3. Tangible Assets

Total
Cost £
At 01 March 2018 45,853
Additions 42,776
At 28 February 2019 88,629
Depreciation
At 01 March 2018 14,356
Charge for year 16,886
At 28 February 2019 31,242
Net book value
At 28 February 2019 57,387
At 28 February 2018 31,497

SNAP TRAVEL TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2019

4. Fixed investments

The additions relate the acquisition of Sn-ap Travel Tech Limited and Sn-ap Transport Provider Limited,being the entire issued share capital of both companies of £1 each.