Accounts Submission

SNAP TRAVEL TECHNOLOGY LIMITED - Company Information

Company Accounts and Tax Online 10032757 Board of Directors 1.3.19 29.2.20 29.2.20 No description of principal activity false iso4217:GBP xbrli:pure 10032757 2018-03-01 2019-02-28 10032757 2020-02-29 10032757 2019-03-01 2020-02-29 10032757 2019-02-28 10032757 countries:EnglandWales 2019-03-01 2020-02-29 10032757 curr:PoundSterling 2019-03-01 2020-02-29 10032757 uk-bus:PrivateLimitedCompanyLtd 2019-03-01 2020-02-29 10032757 uk-bus:FRS102 2019-03-01 2020-02-29 10032757 uk-bus:AuditExempt-NoAccountantsReport 2019-03-01 2020-02-29 10032757 uk-bus:AbridgedAccounts 2019-03-01 2020-02-29 10032757 uk-bus:RegisteredOffice 2019-03-01 2020-02-29 10032757 uk-bus:Director1 2019-03-01 2020-02-29 10032757 uk-bus:Director1 2019-03-01 10032757 uk-bus:Director1 2020-02-29 10032757 uk-bus:Director2 2019-03-01 2020-02-29 10032757 uk-bus:Director2 2019-03-01 10032757 uk-bus:Director2 2020-02-29 10032757 uk-bus:Director3 2019-03-01 2020-02-29 10032757 uk-bus:Director3 2019-03-01 10032757 uk-bus:Director3 2020-02-29 10032757 core:AfterOneYear 2020-02-29 10032757 core:AfterOneYear 2019-02-28 10032757 core:WithinOneYear 2020-02-29 10032757 core:WithinOneYear 2019-02-28 10032757 core:WithinOneYear 2019-03-01 2020-02-29 10032757 core:AfterOneYear 2020-02-29 10032757 core:AfterOneYear 2019-02-28 10032757 core:AfterOneYear 2019-03-01 2020-02-29 10032757 core:ShareCapital 2020-02-29 10032757 core:ShareCapital 2019-02-28 10032757 core:RevaluationReserve 2020-02-29 10032757 core:RevaluationReserve 2019-02-28 10032757 core:RetainedEarningsAccumulatedLosses 2020-02-29 10032757 core:RetainedEarningsAccumulatedLosses 2019-02-28 10032757 1 2019-03-01 2020-02-29

Company Registration Number:
10032757 (England and Wales)

Unaudited abridged accounts for the year ended 29 February 2020

Period of accounts

Start date: 01 March 2019

End date: 29 February 2020

Contents of the Financial Statements

for the Period Ended 29 February 2020


Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

Directors' Report Period Ended 29 February 2020

The directors present their report with the financial statements of the company for the period ended 29 February 2020

Directors

The directors shown below have held office during the whole of the period from 01 March 2019 to 29 February 2020
Mr Thomas Mark Ableman
Mr Martin Moss
Mr Julian Peddle

This report was approved by the board of directors on 26 February 2021
And Signed On Behalf Of The Board By:

Name: Mr Thomas Mark Ableman
Status: Director

Name: Mr Martin Moss
Status: Director

Name: Mr Julian Peddle
Status: Director

Profit and Loss Account

for the Period Ended 29 February 2020

	2020 £	2019 £
Gross Profit or (Loss)	( 48,652 )	( 980,681 )
Distribution Costs	( 0 )	( 0 )
Administrative Expenses	( 2,104,682 )	( 3,746,420 )
Operating Profit or (Loss)	( 2,153,334 )	( 4,727,101 )
Interest Receivable and Similar Income	0	0
Interest Payable and Similar Charges	( 0 )	( 0 )
Profit or (Loss) Before Tax	( 2,153,334 )	( 4,727,101 )
Tax on Profit	( 0 )	( 0 )
Profit or (Loss) for Period	( 2,153,334 )	( 4,727,101 )

The notes form part of these financial statements

Balance sheet

As at 29 February 2020

	Notes	2020 £	2019 £
Fixed assets
Intangible assets:	4	1	1
Tangible assets:	5	25,718	64,888
Total fixed assets:		25,719	64,889
Current assets
Stocks:		0	0
Debtors:		35,367	563,230
Cash at bank and in hand:		325,906	1,504,307
Total current assets:		361,273	2,067,537
Prepayments and accrued income:		1,281	9,897
Creditors: amounts falling due within one year:		( 85,735 )	( 179,637 )
Net current assets (liabilities):		276,819	1,897,797
Total assets less current liabilities:		302,538	1,962,686
Creditors: amounts falling due after more than one year:		( 0 )	( 0 )
Provision for liabilities:		( 0 )	( 0 )
Accruals and deferred income:		( 18,084 )	( 329,456 )
Total net assets (liabilities):		284,454	1,633,230

The notes form part of these financial statements

Balance sheet continued

As at 29 February 2020

	2020 £	2019 £
Capital and reserves
Called up share capital:	9,400,520	8,337,305
Profit and loss account:	( 9,116,066 )	( 6,704,075 )
Shareholders funds:	284,454	1,633,230

For the year ending 29 February 2020 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 26 February 2021
And Signed On Behalf Of The Board By:

Name: Mr Thomas Mark Ableman
Status: Director

Name: Mr Martin Moss
Status: Director

Name: Mr Julian Peddle
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 29 February 2020

1. Accounting policies

Basis of measurement and preparation

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

Notes to the Financial Statements

for the Period Ended 29 February 2020

2. Employees

	2020	2019
Average number of employees during the period	12	45

Notes to the Financial Statements

for the Period Ended 29 February 2020

3. Off balance sheet disclosure

No

Notes to the Financial Statements

for the Period Ended 29 February 2020

4. Intangible assets

	Total
Cost	£
At 01 March 2019	1
Additions	0
Disposals	(0)
Revaluations	0
Transfers	0
At 29 February 2020	1
Amortisation
Amortisation at 01 March 2019	0
Charge for year	0
On disposals	(0)
Other adjustments	0
Amortisation at 29 February 2020	0
Net book value
Net book value at 29 February 2020	1
Net book value at 28 February 2019	1

Notes to the Financial Statements

for the Period Ended 29 February 2020

5. Tangible Assets

	Total
Cost	£
At 01 March 2019	103,629
Additions	-
Disposals	(39,170)
Revaluations	-
Transfers	-
At 29 February 2020	64,459
Depreciation
At 01 March 2019	38,741
Charge for year	-
On disposals	(0)
Other adjustments	0
At 29 February 2020	38,741
Net book value
At 29 February 2020	25,718
At 28 February 2019	64,888

Director:		Mr Thomas Mark Ableman
		Mr Martin Moss
		Mr Julian Peddle


Registered office:		190 Kingshill Drive Harrow England HA3 8QS


Company Registration Number:		10032757 (England and Wales)

Accounts Submission