Snitch Originals Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09258947 (England and Wales)

SNITCH ORIGINALS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

10 OCTOBER 2014 TO 31 DECEMBER 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S J Talbot

Mrs L J Talbot

REGISTERED OFFICE:

4 Parkside Court

Greenhough Road

Lichfield

Staffordshire

WS13 7AU

REGISTERED NUMBER:

09258947 (England and Wales)

ACCOUNTANTS:

Inspired Accountants (UK) Limited

Chartered Accountants

4 Parkside Court

Greenhough Road

Lichfield

Staffordshire

WS13 7AU

CURRENT ASSETS

Stocks

500

Debtors

2,204

Cash at bank

1,195

3,899

CREDITORS

Amounts falling due within one year

3,351

NET CURRENT ASSETS

548

TOTAL ASSETS LESS CURRENT
LIABILITIES

548

CAPITAL AND RESERVES

Called up share capital

2

10

Profit and loss account

538

SHAREHOLDERS' FUNDS

548

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2015 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 29 June 2016 and were signed on its behalf by:

S J Talbot - 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 net invoiced sales of goods, excluding value added tax.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

Deferred tax

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

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

A Ordinary

£1

1

B Ordinary

£1

1

C Ordinary

£1

1

D Ordinary

£1

1

6

E Ordinary

£1

6

10

The following shares were issued during the period for cash at par :

1 A Ordinary share of £1

1 B Ordinary share of £1

1 C Ordinary share of £1

1 D Ordinary share of £1

6 E Ordinary shares of £1