Company Registration No. 08380850 (England and Wales)
SN CORPORATION LIMITED
Unaudited accounts
for the year ended 31 January 2017
SN CORPORATION LIMITED
Unaudited accounts
Contents
SN CORPORATION LIMITED
Company Information
for the year ended 31 January 2017
Directors
Nake Muhammad
Saadat Nazir
Company Number
08380850 (England and Wales)
Registered Office
TRADEFORCE BUILDING CORNWALL PLACE
OFFICE 1,SECOND FLOOR
BRADFORD
WEST YORKSHIRE
BD8 7JT
ENGLAND
SN CORPORATION LIMITED
Statement of financial position
as at 31 January 2017
Tangible assets
10,397
12,996
Cash at bank and in hand
24,290
26,454
Creditors: amounts falling due within one year
(2,073)
(5,182)
Net current assets
55,882
30,437
Total assets less current liabilities
66,279
43,433
Creditors: amounts falling due after more than one year
(57,546)
(36,200)
Called up share capital
100
100
Profit and loss account
8,633
7,133
Shareholders' funds
8,733
7,233
For the year ending 31 January 2017 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.
Approved by the Board on 14 September 2017.
Nake Muhammad
Director
Company Registration No. 08380850
SN CORPORATION LIMITED
Notes to the Accounts
for the year ended 31 January 2017
SN CORPORATION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08380850. The registered office and principal place of business is TRADEFORCE BUILDING CORNWALL PLACE, OFFICE 1,SECOND FLOOR, BRADFORD, WEST YORKSHIRE, BD8 7JT, 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.
These financial statements for the year ended 31 January 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2015.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Other tangible fixed assets
20% REDUCING BALANCE
4
Tangible fixed assets
Computer equipment
SN CORPORATION LIMITED
Notes to the Accounts
for the year ended 31 January 2017
Trade debtors
33,665
9,165
6
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
96
4,485
7
Creditors: amounts falling due after more than one year
2017
2016
Other creditors
57,546
36,200
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 0 (2016: 0).
