Snapecall (South West) Ltd - Accounts to registrar (filleted) - small 18.2

Snapecall (South West) Ltd - Accounts to registrar (filleted) - small 18.2

SNAPECALL (SOUTH WEST) LTD - Company Information

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REGISTERED NUMBER: 06159105 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

FOR

SNAPECALL (SOUTH WEST) LTD
Andorran Limited
6 Manor Park Business Centre
Mackenzie Way
Cheltenham
Gloucestershire
GL51 9TX








SNAPECALL (SOUTH WEST) LTD (REGISTERED NUMBER: 06159105)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

SNAPECALL (SOUTH WEST) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2020







DIRECTORS: A B Snape
Mrs S M Snape
J M Wilmshurst
Mrs S H Wilmshurst





SECRETARY: J M Wilmshurst





REGISTERED OFFICE: Willow End
Stoke Orchard Road
Bishops Cleeve
Cheltenham
Gloucestershire
GL52 7DG





REGISTERED NUMBER: 06159105 (England and Wales)





ACCOUNTANTS: Andorran Limited
6 Manor Park Business Centre
Mackenzie Way
Cheltenham
Gloucestershire
GL51 9TX
Page 1
SNAPECALL (SOUTH WEST) LTD (REGISTERED NUMBER: 06159105)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2020

31.12.20 31.12.19
Notes £    £   
FIXED ASSETS
Tangible assets 4 153,019 150,490

CURRENT ASSETS
Stocks 189,812 241,285
Debtors 575,193 1,019,651
Cash at bank and in hand 1,117,920 544,206
1,882,925 1,805,142
CREDITORS
Amounts falling due within one year (771,184 ) (718,207 )
NET CURRENT ASSETS 1,111,741 1,086,935
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,264,760
1,237,425

PROVISIONS FOR LIABILITIES (8,888 ) (7,949 )
NET ASSETS 1,255,872 1,229,476

CAPITAL AND RESERVES
Called up share capital 5 100 100
Retained earnings 1,255,772 1,229,376
SHAREHOLDERS' FUNDS 1,255,872 1,229,476

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The notes form part of these financial statements

Page 2 continued...
SNAPECALL (SOUTH WEST) LTD (REGISTERED NUMBER: 06159105)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2020


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 December 2020 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2021 and were signed on its behalf by:





J M Wilmshurst - Director


The notes form part of these financial statements

Page 3
SNAPECALL (SOUTH WEST) LTD (REGISTERED NUMBER: 06159105)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020

1. STATUTORY INFORMATION

Snapecall (South West) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stock is valued at the lower of cost and net realisable value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Page 4 continued...
SNAPECALL (SOUTH WEST) LTD (REGISTERED NUMBER: 06159105)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2020

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2019 - 17 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2020 246,741
Additions 23,805
At 31 December 2020 270,546
DEPRECIATION
At 1 January 2020 96,251
Charge for year 21,276
At 31 December 2020 117,527
NET BOOK VALUE
At 31 December 2020 153,019
At 31 December 2019 150,490

5. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.12.20 31.12.19
value: £    £   
1,000 Ordinary 10p 100 100

6. RELATED PARTY DISCLOSURES

Snapecall (South West) Ltd, Snape Construction Limited, Snape Contracting Services Ltd and Willow Construction (Midlands) Ltd are related companies by virtue of common majority family shareholdings.

The company buys and sells goods and services from and to Snape Construction Limited. The value of such purchases and sales during the year ended 31 December 2020 were £774 (2019: £3,326) and £2,789,717 (2019: £3,026,010) respectively.

The amount due from Snape Construction Limited at the year end on sales ledger was £560,047 (2019: £762,741). This balance is shown under Trade Debtors.

The company buys services from Willow Construction (Midlands) Ltd. At the year end the outstanding debt was £340,890 (2019: £166,800).

The company buys goods and services from Snape Contracting Services Ltd. The value of such purchases during the year ended 31 December 2020 was £3,812 (2019: £14,682). The amount due to Snape Contracting Services Ltd at the year end was £366 (2019: £347), shown under Trade Creditors.

Page 5
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SNAPECALL (SOUTH WEST) LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Snapecall (South West) Ltd for the year ended 31 December 2020 on pages to from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Snapecall (South West) Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Snapecall (South West) Ltd and state those matters that we have agreed to state to the Board of Directors of Snapecall (South West) Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Snapecall (South West) Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Snapecall (South West) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Snapecall (South West) Ltd. You consider that Snapecall (South West) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Snapecall (South West) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Andorran Limited
6 Manor Park Business Centre
Mackenzie Way
Cheltenham
Gloucestershire
GL51 9TX


Date: .............................................

This page does not form part of the statutory financial statements

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