IRIS Accounts Production v23.4.0.336 04807559 director 1.7.22 30.6.23 30.6.23 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh048075592022-06-30048075592023-06-30048075592022-07-012023-06-30048075592021-06-30048075592021-07-012022-06-30048075592022-06-3004807559ns15:EnglandWales2022-07-012023-06-3004807559ns14:PoundSterling2022-07-012023-06-3004807559ns10:Director12022-07-012023-06-3004807559ns10:PrivateLimitedCompanyLtd2022-07-012023-06-3004807559ns10:SmallEntities2022-07-012023-06-3004807559ns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3004807559ns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3004807559ns10:SmallCompaniesRegimeForAccounts2022-07-012023-06-3004807559ns10:FullAccounts2022-07-012023-06-3004807559ns10:OrdinaryShareClass12022-07-012023-06-3004807559ns10:Director22022-07-012023-06-3004807559ns10:CompanySecretary12022-07-012023-06-3004807559ns10:RegisteredOffice2022-07-012023-06-3004807559ns5:CurrentFinancialInstruments2023-06-3004807559ns5:CurrentFinancialInstruments2022-06-3004807559ns5:ShareCapital2023-06-3004807559ns5:ShareCapital2022-06-3004807559ns5:RetainedEarningsAccumulatedLosses2023-06-3004807559ns5:RetainedEarningsAccumulatedLosses2022-06-3004807559ns5:FurnitureFittings2022-07-012023-06-3004807559ns5:ComputerEquipment2022-07-012023-06-3004807559ns5:FurnitureFittings2022-06-3004807559ns5:ComputerEquipment2022-06-3004807559ns5:FurnitureFittings2023-06-3004807559ns5:ComputerEquipment2023-06-3004807559ns5:FurnitureFittings2022-06-3004807559ns5:ComputerEquipment2022-06-3004807559ns10:OrdinaryShareClass12023-06-3004807559ns5:RetainedEarningsAccumulatedLosses2022-06-3004807559ns5:RetainedEarningsAccumulatedLosses2022-07-012023-06-30
REGISTERED NUMBER: 04807559 (England and Wales)















SUN METAMORPHOSIS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023






SUN METAMORPHOSIS LIMITED (REGISTERED NUMBER: 04807559)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SUN METAMORPHOSIS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTOR: Mr S Psaltis





SECRETARY:





REGISTERED OFFICE: Hale House, Unit 5
296a Green Lanes
Palmers Green
London
N13 5TP





REGISTERED NUMBER: 04807559 (England and Wales)





ACCOUNTANTS: T. PA Accountancy Services Limited
Hale House
Unit 5
296a Green Lanes
Palmers Green
London
N13 5TP

SUN METAMORPHOSIS LIMITED (REGISTERED NUMBER: 04807559)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,405 1,874

CURRENT ASSETS
Investments 5 17,000 17,000
Cash at bank 9 1,348
17,009 18,348
CREDITORS
Amounts falling due within one year 6 1,571 1,157
NET CURRENT ASSETS 15,438 17,191
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,843

19,065

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 16,743 18,965
SHAREHOLDERS' FUNDS 16,843 19,065

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 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.

SUN METAMORPHOSIS LIMITED (REGISTERED NUMBER: 04807559)

BALANCE SHEET - continued
30 JUNE 2023


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

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

The financial statements were approved by the director and authorised for issue on 12 March 2024 and were signed by:





Mrs K Psaltis - Director


SUN METAMORPHOSIS LIMITED (REGISTERED NUMBER: 04807559)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

Sun Metamorphosis 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 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

SUN METAMORPHOSIS LIMITED (REGISTERED NUMBER: 04807559)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2022
and 30 June 2023 5,914 13,160 19,074
DEPRECIATION
At 1 July 2022 5,191 12,009 17,200
Charge for year 181 288 469
At 30 June 2023 5,372 12,297 17,669
NET BOOK VALUE
At 30 June 2023 542 863 1,405
At 30 June 2022 723 1,151 1,874

5. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Shares in group undertakings 17,000 17,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Directors' current accounts 1,091 377
Accrued expenses 480 780
1,571 1,157

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

SUN METAMORPHOSIS LIMITED (REGISTERED NUMBER: 04807559)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


8. RESERVES
Retained
earnings
£   

At 1 July 2022 18,965
Deficit for the year (2,222 )
At 30 June 2023 16,743