Thundersnow Limited - Limited company accounts 17.3

REGISTERED NUMBER: 08697352 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 March 2018

for

Thundersnow Limited

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

J H Wood

U S Akella

SECRETARY:

REGISTERED OFFICE:

16a Halford Road

London

SW6 1JT

REGISTERED NUMBER:

08697352 (England and Wales)

The directors present their report with the financial statements of the company for the year ended 31 March 2018.

DIRECTOR

J H Wood held office during the whole of the period from 1 April 2017 to the date of this report.

Other changes in directors holding office are as follows:

U S Akella was appointed as a director after 31 March 2018 but prior to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act

2006 relating to small companies.

ON BEHALF OF THE BOARD:

J H Wood - Director

18 June 2018

TURNOVER

-

Cost of sales

-

(1

)

GROSS PROFIT

-

1

Administrative Expenses-1

20,036

1,285

Administrative expenses

41,510

803

61,546

2,088

OPERATING LOSS and

LOSS BEFORE TAXATION

(61,546

)

(2,087

)

Tax on loss

-

LOSS FOR THE FINANCIAL YEAR

(61,546

)

(2,087

)

CURRENT ASSETS

Debtors

4

1,606

-

Cash at bank

187

265

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,793

265

CREDITORS

Amounts falling due after more than
one year

5

81,854

18,780

NET LIABILITIES

(80,061

)

(18,515

)

RESERVES

Retained earnings

(80,061

)

(18,515

)

(80,061

)

(18,515

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 18 June 2018 and were
signed on its behalf by:

J H Wood - Director

1.	STATUTORY INFORMATION

Thundersnow Limited is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the

Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income

Statement, except to the extent that it relates to items recognised in other comprehensive

income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that

have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in

periods different from those in which they are recognised in financial statements. Deferred

tax is measured using tax rates and laws that have been enacted or substantively enacted

by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it

is probable that they will be recovered against the reversal of deferred tax liabilities or other

future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average monthly number of employees during the year was XXX.

**PLEASE COMPLETE CLIENT SCREEN WITH DETAILS

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

Other debtors

1,606

-

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

31.3.18

31.3.17

£

Other creditors

81,854

18,780