SNAGGLE LIMITED - Abbreviated accounts

SNAGGLE LIMITED - Abbreviated accounts


Registered number
04136366
SNAGGLE LIMITED
Abbreviated Accounts
31 March 2014
SNAGGLE LIMITED
Registered number: 04136366
Abbreviated Balance Sheet
as at 31 March 2014
Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 14,300 13,219
Current assets
Debtors 3,000 -
Cash at bank and in hand 13,317 11,589
16,317 11,589
Creditors: amounts falling due within one year (9,819) (17,019)
Net current assets/(liabilities) 6,498 (5,430)
Net assets 20,798 7,789
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 20,797 7,788
Shareholder's funds 20,798 7,789
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
J E PRESSLAND
Director
Approved by the board on 8 July 2014
SNAGGLE LIMITED
Notes to the Abbreviated Accounts
for the year ended 31 March 2014
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover represents the value of services provided to customers during the period.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Motor vehicles 25% straight line
2 Tangible fixed assets £
Cost
At 1 April 2013 19,500
Additions 5,850
At 31 March 2014 25,350
Depreciation
At 1 April 2013 6,281
Charge for the year 4,769
At 31 March 2014 11,050
Net book value
At 31 March 2014 14,300
At 31 March 2013 13,219
3 Share capital Nominal 2014 2014 2013
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 1 1 1
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