Caseware UK (AP4) 2021.0.152 2021.0.152 2021-12-312021-12-31No description of principal activity2021-01-01false32truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08970747 2021-01-01 2021-12-31 08970747 2020-01-01 2020-12-31 08970747 2021-12-31 08970747 2020-12-31 08970747 c:Director1 2021-01-01 2021-12-31 08970747 d:PlantMachinery 2021-01-01 2021-12-31 08970747 d:FurnitureFittings 2021-01-01 2021-12-31 08970747 d:OfficeEquipment 2021-01-01 2021-12-31 08970747 d:ComputerEquipment 2021-01-01 2021-12-31 08970747 d:OtherPropertyPlantEquipment 2021-01-01 2021-12-31 08970747 d:OtherPropertyPlantEquipment 2021-12-31 08970747 d:OtherPropertyPlantEquipment 2020-12-31 08970747 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2021-01-01 2021-12-31 08970747 d:Goodwill 2021-01-01 2021-12-31 08970747 d:Goodwill 2021-12-31 08970747 d:Goodwill 2020-12-31 08970747 d:CurrentFinancialInstruments 2021-12-31 08970747 d:CurrentFinancialInstruments 2020-12-31 08970747 d:Non-currentFinancialInstruments 2021-12-31 08970747 d:Non-currentFinancialInstruments 2020-12-31 08970747 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 08970747 d:CurrentFinancialInstruments d:WithinOneYear 2020-12-31 08970747 d:Non-currentFinancialInstruments d:AfterOneYear 2021-12-31 08970747 d:Non-currentFinancialInstruments d:AfterOneYear 2020-12-31 08970747 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2021-12-31 08970747 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2020-12-31 08970747 d:ShareCapital 2021-12-31 08970747 d:ShareCapital 2020-12-31 08970747 d:RetainedEarningsAccumulatedLosses 2021-12-31 08970747 d:RetainedEarningsAccumulatedLosses 2020-12-31 08970747 c:FRS102 2021-01-01 2021-12-31 08970747 c:AuditExempt-NoAccountantsReport 2021-01-01 2021-12-31 08970747 c:FullAccounts 2021-01-01 2021-12-31 08970747 c:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 08970747 2 2021-01-01 2021-12-31 08970747 d:Goodwill d:OwnedIntangibleAssets 2021-01-01 2021-12-31 iso4217:GBP xbrli:pure

Registered number: 08970747









SUNSHINE BERTRAND LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2021

 
SUNSHINE BERTRAND LTD
REGISTERED NUMBER: 08970747

BALANCE SHEET
AS AT 31 DECEMBER 2021

2021
2020
Note
£
£

Fixed assets
  

Intangible assets
 4 
-
667

Tangible assets
 5 
15,234
5,394

  
15,234
6,061

Current assets
  

Debtors: amounts falling due within one year
 6 
72,924
55,616

Cash at bank and in hand
 7 
66,451
182,067

  
139,375
237,683

Creditors: amounts falling due within one year
 8 
(33,854)
(95,215)

Net current assets
  
 
 
105,521
 
 
142,468

Total assets less current liabilities
  
120,755
148,529

Creditors: amounts falling due after more than one year
 9 
-
(44,583)

  

Net assets
  
120,755
103,946


Capital and reserves
  

Called up share capital 
  
10,000
10,000

Profit and loss account
  
110,755
93,946

  
120,755
103,946


Page 1

 
SUNSHINE BERTRAND LTD
REGISTERED NUMBER: 08970747
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2021

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 14 September 2022.




S Bertrand
Director

Page 2

 
SUNSHINE BERTRAND LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

1.


General information

Sunshine Bertrand Limited is a private company, limited by shares, domiciled in England and Wales, (Registrated number 08970747). The registered office is 64 New Cavendish Street, London, W1G 8TB. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. As a result, the director considers it appropriate to prepare the financial statements on a going concern basis.
Potential sources of uncertainty noted by the director includes the COVID-19 pandemic. However, at the date of this report it is not possible to reliably determine the effects that this will have on the company.
 
Accordingly the director has continued to prepare the financial statements on the going concern basis.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
SUNSHINE BERTRAND LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

2.Accounting policies (continued)

 
2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Page 4

 
SUNSHINE BERTRAND LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

2.Accounting policies (continued)

 
2.9

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis to the Statement of Comprehensive Income over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.10

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
Reducing balance
Fixtures and fittings
-
20%
Reducing balance
Office equipment
-
20%
Reducing balance
Computer equipment
-
20%
Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.11

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 5

 
SUNSHINE BERTRAND LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

2.Accounting policies (continued)

 
2.12

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.13

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2020 - 2).

Page 6

 
SUNSHINE BERTRAND LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

4.


Intangible assets




Goodwill

£



Cost


At 1 January 2021
10,000



At 31 December 2021

10,000



Amortisation


At 1 January 2021
9,333


Charge for the year on owned assets
667



At 31 December 2021

10,000



Net book value



At 31 December 2021
-



At 31 December 2020
667



Page 7

 
SUNSHINE BERTRAND LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

5.


Tangible fixed assets





Other fixed assets

£



Cost or valuation


At 1 January 2021
12,923


Additions
13,856



At 31 December 2021

26,779



Depreciation


At 1 January 2021
7,529


Charge for the year on owned assets
4,016



At 31 December 2021

11,545



Net book value



At 31 December 2021
15,234



At 31 December 2020
5,394


6.


Debtors

2021
2020
£
£


Trade debtors
36,071
45,686

Other debtors
18,980
3,187

Prepayments and accrued income
17,873
6,743

72,924
55,616



7.


Cash and cash equivalents

2021
2020
£
£

Cash at bank and in hand
66,451
182,067

66,451
182,067


Page 8

 
SUNSHINE BERTRAND LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

8.


Creditors: Amounts falling due within one year

2021
2020
£
£

Other loans
-
5,417

Trade creditors
1,112
2,158

Corporation tax
1,422
5,642

Other taxation and social security
1,708
5,901

Other creditors
12,476
58,961

Accruals and deferred income
17,136
17,136

33,854
95,215



9.


Creditors: Amounts falling due after more than one year

2021
2020
£
£

Other loans
-
44,583

-
44,583



10.


Loans


Analysis of the maturity of loans is given below:


2021
2020
£
£

Amounts falling due within one year

Other loans
-
5,417


-
5,417


Amounts falling due 2-5 years

Other loans
-
44,583


-
44,583


-
50,000


Page 9

 
SUNSHINE BERTRAND LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

11.


Pension commitments

The Company operates a defined contributions pension scheme. The pension cost charge amounted to £2,932 (2020: £1,885).

 
Page 10