Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31false02023-01-01falseNo description of principal activity0trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02168750 2023-01-01 2023-12-31 02168750 2022-01-01 2022-12-31 02168750 2023-12-31 02168750 2022-12-31 02168750 c:CompanySecretary1 2023-01-01 2023-12-31 02168750 c:Director1 2023-01-01 2023-12-31 02168750 c:Director2 2023-01-01 2023-12-31 02168750 c:RegisteredOffice 2023-01-01 2023-12-31 02168750 d:CurrentFinancialInstruments 2023-12-31 02168750 d:CurrentFinancialInstruments 2022-12-31 02168750 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 02168750 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 02168750 d:ShareCapital 2023-12-31 02168750 d:ShareCapital 2022-12-31 02168750 d:SharePremium 2023-12-31 02168750 d:SharePremium 2022-12-31 02168750 d:OtherMiscellaneousReserve 2023-12-31 02168750 d:OtherMiscellaneousReserve 2022-12-31 02168750 d:RetainedEarningsAccumulatedLosses 2023-12-31 02168750 d:RetainedEarningsAccumulatedLosses 2022-12-31 02168750 c:FRS102 2023-01-01 2023-12-31 02168750 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 02168750 c:FullAccounts 2023-01-01 2023-12-31 02168750 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 02168750 6 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Company registration number: 02168750







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023


SUNLEY FAMILY LIMITED






































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SUNLEY FAMILY LIMITED
 


 
COMPANY INFORMATION


Directors
James B Sunley 
Lisa H Sunley 




Company secretary
James B Sunley



Registered number
02168750



Registered office
1 Town Mill
Bagshot Road

Chobham

Woking

GU24 8BZ




Accountants
Menzies LLP
Chartered Accountants

Lynton House

7-12 Tavistock Square

London

WC1H 9LT





 


SUNLEY FAMILY LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 5


 


SUNLEY FAMILY LIMITED
REGISTERED NUMBER:02168750



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
20,975,540
20,975,540

  
20,975,540
20,975,540

Current assets
  

Debtors: amounts falling due within one year
 5 
60,545
1,130,661

Cash at bank and in hand
  
-
298

  
60,545
1,130,959

Creditors: amounts falling due within one year
 6 
(3,539)
(1,074,133)

Net current assets
  
 
 
57,006
 
 
56,826

Total assets less current liabilities
  
21,032,546
21,032,366

  

Net assets
  
21,032,546
21,032,366


Capital and reserves
  

Called up share capital 
  
29,361
29,361

Share premium account
  
11,265,787
11,265,787

Other reserves
  
331,893
331,893

Profit and loss account
  
9,405,505
9,405,325

  
21,032,546
21,032,366


The directors consider 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 directors acknowledge their 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 income and retained earnings 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 by: 


James B Sunley
Director

Date: 22 August 2024

Page 1

 


SUNLEY FAMILY LIMITED
REGISTERED NUMBER:02168750


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


SUNLEY FAMILY LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Sunley Family Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is disclosed on the company information page.

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

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.3

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.

 
2.4

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.

 
2.5

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.

 
2.6

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Page 3

 


SUNLEY FAMILY LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.6
Financial instruments (continued)

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2022 - £NIL).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2023
20,975,540



At 31 December 2023
20,975,540







5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
60,545
1,130,661

60,545
1,130,661


Page 4

 


SUNLEY FAMILY LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
-
1,072,265

Accruals and deferred income
3,539
1,868

3,539
1,074,133



7.


Controlling party

The immediate and ultimate parent company is Sunley Family Holding Limited, a company registered in England and Wales.
The company is exempt from preparing consolidated accounts on the grounds that it is part of a small group. 
The directors do not consider there to be an ultimate controlling party.

 
Page 5