Snapecall (South West) Ltd - Limited company - abbreviated

REGISTERED NUMBER: 06159105 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

SNAPECALL (SOUTH WEST) LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

5

DIRECTORS:

A B Snape

Mrs S M Snape

J M Wilmshurst

Mrs S 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

FIXED ASSETS

Tangible assets

2

14,146

20,189

CURRENT ASSETS

Stocks

54,381

38,665

Debtors

327,610

216,984

Cash at bank and in hand

157,913

275,248

539,904

530,897

CREDITORS

Amounts falling due within one year

(210,216

)

(172,708

)

NET CURRENT ASSETS

329,688

358,189

TOTAL ASSETS LESS CURRENT
LIABILITIES

343,834

378,378

PROVISIONS FOR LIABILITIES

(2,829

)

(4,038

)

NET ASSETS

341,005

374,340

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

340,905

374,240

SHAREHOLDERS' FUNDS

341,005

374,340

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 27 August 2014 and were signed on its
behalf by:

J M Wilmshurst - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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, net of value added tax and discounts, of goods provided to customers

and work carried out in respect of services provided to customers.

Stocks

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

Deferred tax

Full provision is made for deferred taxation resulting from timing differences between the recognition of

gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is

calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when

the timing differences will reverse.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

63,697

Disposals

(4,250

)

At 31 December 2013

59,447

DEPRECIATION

At 1 January 2013

43,508

Charge for year

4,726

Eliminated on disposal

(2,933

)

At 31 December 2013

45,301

NET BOOK VALUE

At 31 December 2013

14,146

At 31 December 2012

20,189

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

1,000

Ordinary

10p

100

4.	RELATED PARTY DISCLOSURES

Snapecall (South West) Limited, Snape Construction Limited and Snape Contracting Services Limited

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 2013 were £14,904 (2012: £25,487)

and £1,032,721 (2012: £1,082,861) respectively.

The amount due from Snape Construction Limited at the year end was £316,957 (2012: £170,354).

This balance is shown under Trade Debtors.

The amount due to Snape Construction Limited at the year end was £11,485 (2012: £23,576), shown

under Trade Creditors. Management charges accrued for in the year were £18,269 (2012: £nil), shown

under accrued expenses.

During the year sales were made to Snape Contracting Services Limited of £nil (2012: £20,633). At

the year end the amount due from Snape Contracting Services Limited was £nil (2012: £1,900). This

balance is shown under Trade Debtors.

5.	ULTIMATE CONTROLLING PARTY

The company is controlled by A B Snape who holds 51% of the issued share capital.

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages two to four) have been prepared.

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 2013 which comprise

the Profit and Loss Account, the Balance Sheet and the related notes 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 at

icaew.com/membershandbook.

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 AAF 2/10 as detailed

at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to

anyone other than the company 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

1 September 2014

Snapecall (South West) Ltd - Limited company - abbreviated - 11.0.0

Snapecall (South West) Ltd - Limited company - abbreviated - 11.0.0