Snow Goose Limited

Snow Goose Limited

SNOW GOOSE LIMITED - Company Information

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1 October 2016 false No description of principal activity Taxfiler 2017.50.Web 02971906business:PrivateLimitedCompanyLtd2016-10-012017-09-30 029719062016-09-30 029719062016-10-012017-09-30 02971906business:AuditExempt-NoAccountantsReport2016-10-012017-09-30 02971906business:FullAccounts2016-10-012017-09-30 029719062017-09-30 02971906business:Director12016-10-012017-09-30 02971906business:RegisteredOffice2016-10-012017-09-30 029719062016-09-30 02971906core:WithinOneYear2017-09-30 02971906core:WithinOneYear2016-09-30 02971906core:AfterOneYear2017-09-30 02971906core:AfterOneYear2016-09-30 02971906core:ShareCapital2017-09-30 02971906core:ShareCapital2016-09-30 02971906core:RetainedEarningsAccumulatedLosses2017-09-30 02971906core:RetainedEarningsAccumulatedLosses2016-09-30 02971906business:SmallEntities2016-10-012017-09-30 02971906countries:EnglandWales2016-10-012017-09-30 02971906core:PlantMachinery2016-09-30 02971906core:MotorVehicles2016-09-30 02971906core:PlantMachinery2017-09-30 02971906core:MotorVehicles2017-09-30 02971906core:PlantMachinery2016-10-012017-09-30 02971906core:MotorVehicles2016-10-012017-09-30 02971906business:OrdinaryShareClass12016-10-012017-09-30 02971906business:OrdinaryShareClass12015-10-012016-09-30 029719062015-10-012016-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 02971906 (England and Wales)
Snow Goose Limited Unaudited accounts for the year ended 30 September 2017
Snow Goose Limited Unaudited accounts Contents
Page
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Snow Goose Limited Company Information for the year ended 30 September 2017
Director
Katie Green
Company Number
02971906 (England and Wales)
Registered Office
MARINE ACTIVITIES CENTRE SUNDERLAND MARINA SUNDERLAND TYNE & WEAR SR6 0PW
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Snow Goose Limited Statement of financial position as at 30 September 2017
2017 
2016 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
6,575 
8,424 
Current assets
Inventories
5
2,920 
2,920 
Cash at bank and in hand
6,477 
25,115 
9,397 
28,035 
Creditors: amounts falling due within one year
6
(18,592)
(43,830)
Net current liabilities
(9,195)
(15,795)
Total assets less current liabilities
(2,620)
(7,371)
Creditors: amounts falling due after more than one year
7
(54,894)
(62,532)
Net liabilities
(57,514)
(69,903)
Capital and reserves
Called up share capital
8
200 
200 
Profit and loss account
(57,714)
(70,103)
Shareholders' funds
(57,514)
(69,903)
For the year ending 30 September 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 director acknowledges her 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 29 March 2018.
Katie Green Director Company Registration No. 02971906
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Snow Goose Limited Notes to the Accounts for the year ended 30 September 2017
1
Statutory information
Snow Goose Limited is a private company, limited by shares, registered in England and Wales, registration number 02971906. The registered office is MARINE ACTIVITIES CENTRE, SUNDERLAND MARINA, SUNDERLAND, TYNE & WEAR, SR6 0PW.
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.
3
Accounting policies
These financial statements for the year ended 30 September 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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:
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Snow Goose Limited Notes to the Accounts for the year ended 30 September 2017
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2016
36,319 
16,995 
53,314 
At 30 September 2017
36,319 
16,995 
53,314 
Depreciation
At 1 October 2016
35,611 
9,279 
44,890 
Charge for the year
155 
1,694 
1,849 
At 30 September 2017
35,766 
10,973 
46,739 
Net book value
At 30 September 2017
553 
6,022 
6,575 
At 30 September 2016
708 
7,716 
8,424 
5
Inventories
2017 
2016 
£ 
£ 
Finished goods
2,920 
2,920 
2,920 
2,920 
6
Creditors: amounts falling due within one year
2017 
2016 
£ 
£ 
Trade creditors
12,658 
13,228 
Taxes and social security
5,934 
11,124 
Loans from directors
- 
19,478 
18,592 
43,830 
7
Creditors: amounts falling due after more than one year
2017 
2016 
£ 
£ 
Bank loans
54,894 
62,532 
8
Share capital
2017 
2016 
£ 
£ 
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200 
200 
9
Average number of employees
During the year the average number of employees was 0 (2016: 0).
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