Snowball Solutions


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Registered number: 7138128
Snowball Solutions
Abbreviated accounts
For The Year Ended 31 January 2014
Abbreviated Balance Sheet
2014 2013
Notes £ £ £ £
CURRENT ASSETS
Debtors 2 - 16,584
Cash at bank and in hand 5,081 7,885
5,081 24,469
Creditors: Amounts Falling Due Within One Year (3,025) (18,782)
NET CURRENT ASSETS (LIABILITIES) 2,056 5,687
TOTAL ASSETS LESS CURRENT LIABILITIES 2,056 5,687
NET ASSETS 2,056 5,687
CAPITAL AND RESERVES
Called up share capital 3 2 2
Profit and Loss account 2,054 5,685
SHAREHOLDERS' FUNDS 2,056 5,687
For the year ending 31 January 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 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 abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).
On behalf of the board
Mr Michael Snowball
29th October 2014
Page 1
Notes to the Abbreviated Accounts
Accounting Policies
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Debtors
Debtors include an amount of £ - (2013 - £ 6,328 ) falling due after more than one year.
Share Capital
Value Number 2014 2013
Allotted, called up and fully paid: £ £ £
Ordinary shares 1.000 2 2 2
Page 2