Acorah Software Products - Accounts Production 14.5.601 false true 31 December 2022 1 September 2021 true 1 January 2023 31 December 2023 31 December 2023 10337381 Mr D T Edwards Mr O M O'Callaghan Mrs J M Pearce Mr R V Brown Mr A D Cook Mr P C Wilson Mr P Fowler iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10337381 2022-12-31 10337381 2023-12-31 10337381 2023-01-01 2023-12-31 10337381 frs-core:CurrentFinancialInstruments 2023-12-31 10337381 frs-core:ShareCapital 2023-12-31 10337381 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10337381 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10337381 frs-bus:FullAccounts 2023-01-01 2023-12-31 10337381 frs-bus:SmallEntities 2023-01-01 2023-12-31 10337381 frs-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 10337381 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 10337381 frs-bus:SmallCompaniesRegimeForDirectorsReport 2023-01-01 2023-12-31 10337381 frs-bus:Director1 2023-01-01 2023-12-31 10337381 frs-bus:Director1 2023-12-31 10337381 frs-bus:Director2 2023-01-01 2023-12-31 10337381 frs-bus:Director3 2023-01-01 2023-12-31 10337381 frs-bus:Director4 2023-01-01 2023-12-31 10337381 frs-bus:Director5 2023-01-01 2023-12-31 10337381 frs-bus:Director6 2023-01-01 2023-12-31 10337381 frs-bus:Director7 2023-01-01 2023-12-31 10337381 frs-bus:Director7 2023-12-31 10337381 frs-bus:Director8 2023-01-01 2023-12-31 10337381 frs-bus:Director8 2023-12-31 10337381 frs-countries:EnglandWales 2023-01-01 2023-12-31 10337381 2021-08-31 10337381 2022-12-31 10337381 2021-09-01 2022-12-31 10337381 frs-core:CurrentFinancialInstruments 2022-12-31 10337381 frs-core:ShareCapital 2022-12-31 10337381 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 10337381
Sun Houses Owners Ltd
Directors' Report and
Financial Statements
For The Year Ended 31 December 2023
Directors' Report and Financial Statements
Contents
Page
Company Information 1
Directors' Report 2
Accountant's Report 3
Profit and Loss Account 4
Balance Sheet 5—6
Notes to the Financial Statements 7—8
Page 1
Company Information
Directors Mr D T Edwards
Mr O M O'Callaghan
Mrs J M Pearce
Mr R V Brown
Mr A D Cook
Mr P C Wilson
Mr P Fowler
Company Number 10337381
Registered Office Gotham House, Hammett Square
Phoenix Lane
Tiverton
EX16 6LT
Accountants SMV Associates Ltd
4 Cedar Court
Tiverton Business Park
Tiverton
Devon
EX16 6GT
Page 1
Page 2
Directors' Report
The directors present their report and the financial statements for the year ended 31 December 2023.
Principal Activity
The company's principal activity continues to be that of the manangement of the open spaces around the Sun Houses Complex in Yelland, Devon.
Directors
The directors who held office during the year were as follows:
Mr D T Edwards Appointed 03/04/2023
Mr O M O'Callaghan
Mrs J M Pearce
Mr R V Brown
Mr A D Cook
Mr L J Mustafic Resigned 16/01/2023
Mr P C Wilson
Mr P Fowler Appointed 07/01/2024
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Mr D T Edwards
Director
24 April 2024
Page 2
Page 3
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Sun Houses Owners Ltd For The Year Ended 31 December 2023
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Sun Houses Owners Ltd which comprise the Profit and Loss Account, the 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 of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Sun Houses Owners Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Sun Houses Owners Ltd and state those matters that we have agreed to state to the directors of Sun Houses Owners Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sun Houses Owners Ltd and its directors as a body for our work or for this report.
It is your duty to ensure that Sun Houses Owners Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Sun Houses Owners Ltd . You consider that Sun Houses Owners 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 accounts of Sun Houses Owners 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 financial statements.
Signed
24 April 2024
SMV Associates Ltd
4 Cedar Court
Tiverton Business Park
Tiverton
Devon
EX16 6GT
Page 3
Page 4
Profit and Loss Account
31 December 2023 31 December 2022
Notes £ £
TURNOVER 6,930 10,692
GROSS PROFIT 6,930 10,692
Administrative expenses (4,346 ) (6,792 )
OPERATING PROFIT 2,584 3,900
Other interest receivable and similar income 48 4
PROFIT FOR THE FINANCIAL YEAR 2,632 3,904
The notes on pages 7 to 8 form part of these financial statements.
Page 4
Page 5
Balance Sheet
31 December 2023 31 December 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 2,453 3,178
Cash at bank and in hand 5,335 2,952
7,788 6,130
Creditors: Amounts Falling Due Within One Year 5 (2,898 ) (3,872 )
NET CURRENT ASSETS (LIABILITIES) 4,890 2,258
TOTAL ASSETS LESS CURRENT LIABILITIES 4,890 2,258
NET ASSETS 4,890 2,258
CAPITAL AND RESERVES
Called up share capital 6 112 112
Profit and Loss Account 4,778 2,146
SHAREHOLDERS' FUNDS 4,890 2,258
Page 5
Page 6
For the year ending 31 December 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Mr D T Edwards
Director
24 April 2024
The notes on pages 7 to 8 form part of these financial statements.
Page 6
Page 7
Notes to the Financial Statements
1. General Information
Sun Houses Owners Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10337381 . The registered office is Gotham House, Hammett Square, Phoenix Lane, Tiverton, EX16 6LT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover consists of the fees and charges received from residents of the houses surrounding the open spaces.
2.3. Taxation
There is no corporation tax liability as the company's business consists of the management, on a non profit making basis, of the open spaces surrounding a housing complex, on behalf of the owners of the properties.
3. Average Number of Employees
The average number of employees, including directors, during the year was NIL (2022: NIL)
- -
4. Debtors
31 December 2023 31 December 2022
£ £
Due within one year
Trade debtors 1,683 2,408
Other debtors 658 658
Called up share capital not paid 112 112
2,453 3,178
5. Creditors: Amounts Falling Due Within One Year
31 December 2023 31 December 2022
£ £
Trade creditors - 681
Other creditors 2,418 2,729
Accruals and deferred income 480 462
2,898 3,872
Page 7
Page 8
6. Share Capital
31 December 2023 31 December 2022
£ £
Called Up Share Capital not Paid 112 112
Amount of Allotted, Called Up Share Capital 112 112
Page 8