Abbreviated Company Accounts - SNKB LIMITED

08836154 SNKB LIMITED 2015-06-30 false 2014-07-01 2015-06-30 true 08836154 2014-07-01 2015-06-30 08836154 2015-06-30 08836154 2014-06-30 08836154 uk-gaap-cd-bus:Director1 2014-07-01 2015-06-30 08836154 uk-gaap-cd-bus:Director2 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 iso4217:GBP shares

Registered Number 08836154

SNKB LIMITED

Abbreviated Accounts

30 June 2015

SNKB LIMITED Registered Number 08836154

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	1,427,801	1,427,801
		1,427,801	1,427,801
Current assets
Debtors		2,960	26,014
Cash at bank and in hand		2	77
		2,962	26,091
Creditors: amounts falling due within one year	3	(564,289)	(493,254)
Net current assets (liabilities)		(561,327)	(467,163)
Total assets less current liabilities		866,474	960,638
Creditors: amounts falling due after more than one year	3	(924,112)	(992,455)
Total net assets (liabilities)		(57,638)	(31,817)
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		(57,640)	(31,819)
Shareholders' funds		(57,638)	(31,817)

For the year ending 30 June 2015 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 March 2016

And signed on their behalf by:
K Rajani, Director

SNKB LIMITED Registered Number 08836154

Notes to the Abbreviated Accounts for the period ended 30 June 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Intangible assets amortisation policy
Depreciation is provided on all intangible assets other than goodwill at the
rates calculated to write off the cost less its estimated value of each assets over its useful life. No provision for depreciation has been made as the directors were of the opinion that the market value of the intangible assets was at least equal its carrying value. It therefore does not accord with the requirement of the Companies Act 2006.

2Intangible fixed assets

	£
Cost
At 1 July 2014	1,427,801
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2015	1,427,801
Amortisation
At 1 July 2014	-
Charge for the year	-
On disposals	-
At 30 June 2015	-
Net book values
At 30 June 2015	1,427,801
At 30 June 2014	1,427,801

No Depreciation has been provided as the directors are of the opinion that the market value of the intangible asset was at the year end at least equal to its carrying book value and to that extent does not accord with the Companies Act 2006 although it complies with SSAP.

3Creditors

	2015 £	2014 £
Secured Debts	924,112	992,445
Instalment debts due after 5 years	433,069	433,069

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2