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Company Registration No. 11244515 (England and Wales)
Suncore UK LTD Unaudited accounts for the year ended 31 March 2023
Suncore UK LTD Unaudited accounts Contents
Page
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Suncore UK LTD Company Information for the year ended 31 March 2023
Director
Arthur Jian Chien
Company Number
11244515 (England and Wales)
Registered Office
Unit 2 & 3 Whiteside Business Park Station Road, Holmes Chapel Crewe CW4 8AA England
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Suncore UK LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investments
194,383 
1,403,171 
Current assets
Debtors
3,609,804 
5,040,813 
Cash at bank and in hand
343,554 
2,262 
3,953,358 
5,043,075 
Creditors: amounts falling due within one year
324,135 
(1,229,483)
Net current assets
4,277,493 
3,813,592 
Net assets
4,471,876 
5,216,763 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
4,471,875 
5,216,762 
Shareholders' funds
4,471,876 
5,216,763 
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 October 2023 and were signed on its behalf by
Arthur Jian Chien Director Company Registration No. 11244515
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Suncore UK LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Suncore UK LTD is a private company, limited by shares, registered in England and Wales, registration number 11244515. The registered office is Unit 2 & 3 Whiteside Business Park , Station Road, Holmes Chapel, Crewe, CW4 8AA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The financial statements have been prepared on the going concern basis which assumes that the company will be able to continue trading for the foreseeable future. The director, having made reasonable enquiries, has determined that agreements in place will ensure that the business has the required resources to continue trading for the foreseeable future. As such, the director is satisfied that preparation on the going concern basis is appropriate.
4
Investments
Subsidiary undertakings 
£ 
Valuation at 1 April 2022
1,403,171 
Additions
133,236 
Disposals
(1,342,024)
Valuation at 31 March 2023
194,383 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
12,834 
- 
Trade debtors
- 
92,088 
Amounts due from group undertakings etc.
3,376,252 
1,273,490 
Accrued income and prepayments
- 
3,444,630 
Other debtors
220,718 
230,605 
3,609,804 
5,040,813 
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Suncore UK LTD Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
13,267 
Trade creditors
8,281 
23,275 
Taxes and social security
- 
2,287 
Other creditors
(332,416)
1,190,654 
(324,135)
1,229,483 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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