Edward Snape Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 03241405 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Edward Snape Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

E G C Snape

Mrs M Snape

SECRETARY:

Mrs M Snape

REGISTERED OFFICE:

60-66 Wardour Street

2nd Floor National House

London

W1F 0TA

REGISTERED NUMBER:

03241405 (England and Wales)

ACCOUNTANTS:

Anderson & Pennington Audit Limited

Chartered Certified Accountants

44a Floral Street

London

WC2E 9DA

CURRENT ASSETS

Debtors

277,409

274,909

Cash at bank

3,378

1,243

280,787

276,152

CREDITORS

Amounts falling due within one year

8,453

4,944

NET CURRENT ASSETS

272,334

271,208

TOTAL ASSETS LESS CURRENT
LIABILITIES

272,334

271,208

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

272,332

271,206

SHAREHOLDERS' FUNDS

272,334

271,208

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 14 December 2016 and were signed
on its behalf by:

E G C Snape - 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 January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax, except in respect of

service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

7,498

DEPRECIATION

At 1 April 2015

and 31 March 2016

7,498

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2

4.	RELATED PARTY DISCLOSURES

Fiery Angel Ltd

A company which the directors are also directors and shareholders in

E G C Snape and Mrs M Snape are directors of and jointly control Fiery Angel Ltd (formerly Fiery

Angel Partners 2014 Ltd).

As at the balance sheet date Fiery Angel Ltd owed the company £275,409 (2015: £272,909).

E G C Snape

Director

As at the balance sheet date the company owed E G C Snape £1,625 (2015: £1,625).