Caseware UK (AP4) 2023.0.135 2023.0.135 falseNo description of principal activityfalse22022-09-01false3trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11681600 2022-09-01 2023-08-31 11681600 2021-09-01 2022-08-31 11681600 2023-08-31 11681600 2022-08-31 11681600 c:Director1 2022-09-01 2023-08-31 11681600 c:Director1 2023-08-31 11681600 c:Director2 2022-09-01 2023-08-31 11681600 c:RegisteredOffice 2022-09-01 2023-08-31 11681600 d:PlantMachinery 2022-09-01 2023-08-31 11681600 d:PlantMachinery 2023-08-31 11681600 d:PlantMachinery 2022-08-31 11681600 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 11681600 d:CurrentFinancialInstruments 2023-08-31 11681600 d:CurrentFinancialInstruments 2022-08-31 11681600 d:Non-currentFinancialInstruments 2023-08-31 11681600 d:Non-currentFinancialInstruments 2022-08-31 11681600 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 11681600 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 11681600 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 11681600 d:Non-currentFinancialInstruments d:AfterOneYear 2022-08-31 11681600 d:ShareCapital 2023-08-31 11681600 d:ShareCapital 2022-08-31 11681600 d:RetainedEarningsAccumulatedLosses 2023-08-31 11681600 d:RetainedEarningsAccumulatedLosses 2022-08-31 11681600 c:OrdinaryShareClass1 2022-09-01 2023-08-31 11681600 c:OrdinaryShareClass1 2023-08-31 11681600 c:OrdinaryShareClass1 2022-08-31 11681600 c:FRS102 2022-09-01 2023-08-31 11681600 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 11681600 c:FullAccounts 2022-09-01 2023-08-31 11681600 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 11681600 e:PoundSterling 2022-09-01 2023-08-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 11681600










SUNSHINE MOBILE LIMITED

Unaudited
Financial statements
Information for filing with the registrar
For the year ended 31 August 2023

 
SUNSHINE MOBILE LIMITED
 

Company Information


Directors
A T Perry (resigned 19 August 2024)
S Pearson 




Registered number
11681600



Registered office
Retford Enterprise
Randall Way

Retford

DN22 7GR





 
SUNSHINE MOBILE LIMITED
Registered number: 11681600

Balance sheet
As at 31 August 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
83,190
91,204

  
83,190
91,204

Current assets
  

Debtors: amounts falling due within one year
 5 
85,417
109,213

Cash at bank and in hand
  
20,263
62,850

  
105,680
172,063

Creditors: amounts falling due within one year
 6 
(145,018)
(81,992)

Net current (liabilities)/assets
  
 
 
(39,338)
 
 
90,071

Total assets less current liabilities
  
43,852
181,275

Creditors: amounts falling due after more than one year
 7 
(17,501)
(25,121)

  

Net assets
  
26,351
156,154


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
26,251
156,054

  
26,351
156,154


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 on 29 August 2024.

S Pearson
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
SUNSHINE MOBILE LIMITED
 

 
Notes to the financial statements
For the year ended 31 August 2023

1.


General information

Sunshine Mobile Limited is a private company limited by shares incorporated in England within the United Kingdom.  The registerd office address is given in the Company Information page of these financial statements.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

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.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

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

 
2.6

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.

Page 2

 
SUNSHINE MOBILE LIMITED
 

 
Notes to the financial statements
For the year ended 31 August 2023

2.Accounting policies (continued)

 
2.7

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.

 
2.8

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, using the straight-line method.

Depreciation is provided on the following basis:

Handsets
-
50%

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.

 
2.9

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.

 
2.10

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.

 
2.11

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.

 
2.12

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 average monthly number of employees, including directors, during the year was 2 (2022 - 3).

Page 3

 
SUNSHINE MOBILE LIMITED
 

 
Notes to the financial statements
For the year ended 31 August 2023

4.


Tangible fixed assets





Handsets

£



Cost or valuation


At 1 September 2022
262,512


Additions
166,380



At 31 August 2023

428,892



Depreciation


At 1 September 2022
171,308


Charge for the year on owned assets
174,394



At 31 August 2023

345,702



Net book value



At 31 August 2023
83,190



At 31 August 2022
91,204


5.


Debtors

2023
2022
£
£


Trade debtors
-
31,713

Amounts owed by group undertakings
83,400
75,000

Other debtors
2,017
-

Prepayments and accrued income
-
2,500

85,417
109,213


Page 4

 
SUNSHINE MOBILE LIMITED
 

 
Notes to the financial statements
For the year ended 31 August 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
10,000
11,000

Trade creditors
68,524
20,426

Amounts owed to group undertakings
33,225
15,225

Taxation and social security
31,068
33,822

Other creditors
796
114

Accruals and deferred income
1,405
1,405

145,018
81,992



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
17,501
25,121

17,501
25,121



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 -100) Ordinary shares of £1.00 each
100
100



9.


Controlling party

The ultimate parent company is Spear Technology Holdings Limited, a company registered in England and Wales whose 
registered office is 70 Clarkehouse Road, Sheffield, S10 2LJ.
The company is controlled by Stuart Pearson as a result of his controlling interest in the holding company.


Page 5