1 September 2022 false No description of principal activity Taxfiler 2024.5 SC125072business:PrivateLimitedCompanyLtd2022-09-012023-08-31 SC1250722022-08-31 SC1250722022-09-012023-08-31 SC125072business:AuditExemptWithAccountantsReport2022-09-012023-08-31 SC125072business:AbridgedAccounts2022-09-012023-08-31 SC1250722023-08-31 SC125072business:Director12022-09-012023-08-31 SC125072business:RegisteredOffice2022-09-012023-08-31 SC1250722022-08-31 SC125072core:WithinOneYear2023-08-31 SC125072core:WithinOneYear2022-08-31 SC125072core:AfterOneYear2023-08-31 SC125072core:AfterOneYear2022-08-31 SC125072core:RevaluationReservecore:PreviouslyStatedAmount2023-08-31 SC125072core:RevaluationReservecore:PreviouslyStatedAmount2022-08-31 SC125072core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 SC125072core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 SC125072core:PreviouslyStatedAmount2023-08-31 SC125072core:PreviouslyStatedAmount2022-08-31 SC125072business:SmallEntities2022-09-012023-08-31 SC125072countries:Scotland2022-09-012023-08-31 SC1250722021-09-012022-08-31 iso4217:GBP xbrli:pure
Company Registration No. SC125072 (Scotland)
SUNSHINE PROPERTIES FIFE LTD Accounts for the year ended 31 August 2023
SUNSHINE PROPERTIES FIFE LTD Accounts Contents
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SUNSHINE PROPERTIES FIFE LTD Company Information for the year ended 31 August 2023
Director
LINDA FRASER
Company Number
SC125072 (Scotland)
Registered Office
49 WHYTESCAUSEWAY KIRKCALDY FIFE KY1 1XD
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SUNSHINE PROPERTIES FIFE LTD Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
357,759 
367,953 
Current assets
Debtors
3,759 
8,451 
Cash at bank and in hand
653 
1,902 
4,412 
10,353 
Creditors: amounts falling due within one year
(96,063)
(39,114)
Net current liabilities
(91,651)
(28,761)
Total assets less current liabilities
266,108 
339,192 
Creditors: amounts falling due after more than one year
(60,904)
(122,903)
Net assets
205,204 
216,289 
Capital and reserves
Revaluation reserve
140,828 
140,828 
Profit and loss account
64,376 
75,461 
Shareholders' funds
205,204 
216,289 
For the year ending 31 August 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 20 October 2023 and were signed on its behalf by
LINDA FRASER Director Company Registration No. SC125072
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SUNSHINE PROPERTIES FIFE LTD Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
SUNSHINE PROPERTIES FIFE LTD is a private company, limited by shares, registered in Scotland, registration number SC125072. The registered office is 49 WHYTESCAUSEWAY, KIRKCALDY, FIFE, KY1 1XD.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 September 2022
380,545 
At 31 August 2023
380,545 
Depreciation
At 1 September 2022
12,592 
Charge for the year
10,194 
At 31 August 2023
22,786 
Net book value
At 31 August 2023
357,759 
At 31 August 2022
367,953 
5
Average number of employees
During the year the average number of employees was 21 (2022: 21).
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