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REGISTERED NUMBER: 08792413 (England and Wales)




























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2021

FOR

SUNSET AVIATION ART AND MODELS LTD

SUNSET AVIATION ART AND MODELS LTD (REGISTERED NUMBER: 08792413)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 4

SUNSET AVIATION ART AND MODELS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2021







DIRECTOR: S W Downes





REGISTERED OFFICE: Suite 204 Ashton Old Baths
Stamford Street West
Ashton under Lyne
Lancashire
OL6 7FW





REGISTERED NUMBER: 08792413 (England and Wales)





ACCOUNTANTS: Hanley & Co
Chartered Accountants
Suite 204 Ashton Old Baths
Stamford Street West
Ashton-under-Lyne
Lancashire
OL6 7FW

SUNSET AVIATION ART AND MODELS LTD (REGISTERED NUMBER: 08792413)

ABRIDGED BALANCE SHEET
30 NOVEMBER 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 1,015 1,202

CURRENT ASSETS
Inventories 5,000 5,000
Cash at bank and in hand 39,894 33,885
44,894 38,885
CREDITORS
Amounts falling due within one year 21,157 21,407
NET CURRENT ASSETS 23,737 17,478
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,752

18,680

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 24,652 18,580
SHAREHOLDERS' FUNDS 24,752 18,680

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 30 November 2021 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 August 2022 and were signed by:



S W Downes - Director


SUNSET AVIATION ART AND MODELS LTD (REGISTERED NUMBER: 08792413)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021

1. STATUTORY INFORMATION

Sunset Aviation Art and Models Ltd 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 33% on reducing balance

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4. PROPERTY, PLANT AND EQUIPMENT
Totals
£   
COST
At 1 December 2020
and 30 November 2021 2,474
DEPRECIATION
At 1 December 2020 1,272
Charge for year 187
At 30 November 2021 1,459
NET BOOK VALUE
At 30 November 2021 1,015
At 30 November 2020 1,202

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Creditors: amounts falling due within one year - includes interest free directors loan of £13,392 (2020 £12,427).

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SUNSET AVIATION ART AND MODELS LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sunset Aviation Art and Models Ltd for the year ended 30 November 2021 which comprise the Abridged Statement of Income and Retained Earnings, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Sunset Aviation Art and Models Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Sunset Aviation Art and Models Ltd and state those matters that we have agreed to state to the director of Sunset Aviation Art and Models Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sunset Aviation Art and Models Ltd and its director for our work or for this report.

It is your duty to ensure that Sunset Aviation Art and Models Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Sunset Aviation Art and Models Ltd. You consider that Sunset Aviation Art and Models Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Sunset Aviation Art and Models Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Hanley & Co
Chartered Accountants
Suite 204 Ashton Old Baths
Stamford Street West
Ashton-under-Lyne
Lancashire
OL6 7FW


12 August 2022