SUMMER_+_SNOW_LIMITED - Accounts

SUMMER + SNOW LIMITED - Company Information

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Company Registration No. 04593454 (England and Wales)

SUMMER + SNOW LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2015

SUMMER + SNOW LIMITED

CONTENTS

PAGE

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

SUMMER + SNOW LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 NOVEMBER 2015

- 1 -

2015

2014

Notes

FIXED ASSETS

Tangible assets

1,107

Investments

1,166

CURRENT ASSETS

Debtors

1,441

Cash at bank and in hand

1,441

1,517

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

(575)

(590)

NET CURRENT ASSETS

866

927

TOTAL ASSETS LESS CURRENT LIABILITIES

2,032

2,093

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

(19,155)

(19,159)

(17,123)

(17,066)

CAPITAL AND RESERVES

Called up share capital

Profit and loss account

(17,127)

(17,070)

SHAREHOLDERS' FUNDS

(17,123)

(17,066)

SUMMER + SNOW LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

30 NOVEMBER 2015

- 2 -

For the financial year ended 30 November 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 12 July 2016

Mrs P H Searley

DIRECTOR

COMPANY REGISTRATION NO. 04593454

SUMMER + SNOW LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2015

- 3 -

ACCOUNTING POLICIES

1.1

ACCOUNTING CONVENTION

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008)

The company was dormant throughout the current year and previous.

1.2

COMPLIANCE WITH ACCOUNTING STANDARDS

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

TANGIBLE FIXED ASSETS AND DEPRECIATION

The company has not traded in the year, therefore no depreciation has been charged.

1.4

INVESTMENTS

Fixed asset investments are stated at cost less provision for diminution in value.

1.5

DEFERRED TAXATION

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

1.6

GOING CONCERN

The directors are satisfied that the company is a going concern and in forming this view the directors have given assurances to the company that amounts due to themselves will continue to be deferred. With the continued support of the directors and the overseas subsidiary, the directors consider that it is appropriate to prepare accounts on a going concern basis.

SUMMER + SNOW LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 NOVEMBER 2015

- 4 -

FIXED ASSETS

Tangible assets

Investments

Total

COST

At 1 December 2014 & at 30 November 2015

11,097

11,156

DEPRECIATION

At 1 December 2014 & at 30 November 2015

9,990

NET BOOK VALUE

At 30 November 2015

1,107

1,166

At 30 November 2014

1,107

1,166

HOLDINGS OF MORE THAN 20%

The company holds more than 20% of the share capital of the following companies:

COMPANY

Country of registration or

Shares held

incorporation

CLASS

PARTICIPATING INTERESTS

Owlswood Tarentaise SCI

France

Capital social

90.00

SHARE CAPITAL

2015

2014

ALLOTTED, CALLED UP AND FULLY PAID

4 Ordinary of £1 each