SNA Holdings Limited
SNA Holdings Limited
Registered number: SC202479
Directors' Report and
Unaudited Financial Statements
For The Year Ended 31 March 2017
SNA Holdings Limited
Directors' Report and Unaudited Financial Statements
For The Year Ended 31 March 2017
Directors' Report and Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Company Information | 1 |
| Directors' Report | 2 |
| Dormant Profit and Loss Account Statement | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5—6 |
SNA Holdings Limited
Company Information
For The Year Ended 31 March 2017
Company Information
| Directors |
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| Secretary |
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| Company Number |
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| Registered Office | Woodhead Road |
| Chryston | |
| Glasgow | |
| G69 9HZ | |
Page 1
SNA Holdings Limited
Company No. SC202479
Directors' Report For The Year Ended 31 March 2017
Directors' Report
The directors present their report and the financial statements for the year ended 31 March 2017 .
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The financial statements are required by law to give a true and fair view of the state of affairs of the company and of the profit or loss for that period. In preparing the financial statements the directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Directors
The directors who held office during the year were as follows:
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Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
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Page 2
SNA Holdings Limited
Dormant Profit and Loss Account Statement
For The Year Ended 31 March 2017
Dormant Profit and Loss Account Statement
The company has not traded during the year or the preceding financial year. During these years, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
Page 3
SNA Holdings Limited
Balance Sheet
As at
31 March 2017
Balance Sheet
| 2017 | 2016 | ||||
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Investments | 2 |
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| CURRENT ASSETS | |||||
| Debtors | 3 |
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| Cash at bank and in hand |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 4 |
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| Profit and loss account |
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| SHAREHOLDERS' FUNDS | 3,579,200 | 3,596,000 | |||
Directors' responsibilities:
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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.
On behalf of the board
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The notes on pages 5 to 6 form part of these financial statements.
Page 4
SNA Holdings Limited
Notes to the Unaudited Accounts
For The Year Ended 31 March 2017
Notes to the Unaudited Accounts
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2.
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
2.
Investments
| Unlisted | |
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| £ | |
| Cost | |
| As at |
96,000 |
| As at |
96,000 |
| Provision | |
| As at |
- |
| As at |
- |
| Net Book Value | |
| As at |
96,000 |
| As at |
96,000 |
Fixed asset Investments represents investments in subsidiary undertakings.
The Company holds 20% or more of the share capital of the following companies:
S & A Kilcoyne Limited, a company incorporated in Scotland that provides construction services. The company owns 92.75% of the Ordinary Shares issued.
The aggregate amount of capital and reserves of S & A Kilcoyne Limited is £1,391,918 (2016: £1,224,333) and the result for the year was a Profit of £167,587 (2016: £252,906).
3.
Debtors
| 2017 | 2016 | ||
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| £ | £ | ||
| Due within one year | |||
| Other debtors |
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| Due after more than one year | |||
| Amounts owed by subsidiaries |
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5.
Transactions With and Loans to Directors
Page 5
SNA Holdings Limited
Notes to the Unaudited Accounts (continued)
For The Year Ended 31 March 2017
Dividends paid to directors
| 2017 | 2016 | |
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| £ | £ | |
| Mr Brian Kilcoyne | 583 | - |
6.
Dividends
| 2017 | 2016 | ||
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| £ | £ | ||
| On equity shares: | |||
| Final dividend paid |
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| 16,800 | - | ||
7.
Controlling Party Not Known
The company's controlling party is unknown.
8.
General Information
SNA Holdings Limited Registered number SC202479 is a limited by shares company incorporated in Scotland. The Registered Office is Woodhead Road, Chryston, Glasgow, G69 9HZ.
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