2023-01-01 NI044358 2023-12-31 NI044358 2023-01-01 2023-12-31 NI044358 2022-12-31 NI044358 2022-01-01 2022-12-31 NI044358 uk-core:WithinOneYear 2022-12-31 NI044358 uk-core:WithinOneYear 2023-12-31 NI044358 uk-core:ShareCapital 2023-12-31 NI044358 uk-core:ShareCapital 2022-12-31 NI044358 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 NI044358 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 NI044358 uk-bus:Director1 2023-01-01 2023-12-31 NI044358 uk-core:PlantMachinery 2023-01-01 2023-12-31 NI044358 uk-core:FurnitureFittings 2023-01-01 2023-12-31 NI044358 uk-core:FurnitureFittings 2022-12-31 NI044358 uk-core:PlantMachinery 2022-12-31 NI044358 uk-core:PlantMachinery 2023-12-31 NI044358 uk-core:FurnitureFittings 2023-12-31 NI044358 uk-core:WithinOneYear 2023-12-31 NI044358 uk-core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure NI044358 uk-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 NI044358 uk-bus:FRS102 2023-01-01 2023-12-31 NI044358 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 NI044358 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Sunnymead (Armagh) Limited
Registered Number:NI044358
For the year ended 31 December 2023
Northern Ireland
Unaudited Financial Statements
2
For the year ended 31 December 2023
Sunnymead (Armagh) Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
NI044358
As at 31 December 2023
Sunnymead (Armagh) Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
40,873
49,846
2
40,873
49,846
Current assets
Inventories
2,775
5,780
3
Trade and other receivables
123,928
121,648
4
68,148
Cash and cash equivalents
62,785
190,213
194,851
Trade and other payables: amounts falling due within one
year
(78,086)
(68,681)
5
116,765
121,532
Net current assets
Total assets less current liabilities
162,405
166,611
(7,577)
(9,471)
Provisions for liabilities
154,828
Net assets
157,140
Capital and reserves
Called up share capital
52
52
Retained earnings
154,776
157,088
154,828
157,140
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs Linda Nesbitt Director
These financial statements were approved and authorised for issue by the Board on 11 September 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2023
Sunnymead (Armagh) Limited
Notes to the Financial Statements
Statutory Information
Sunnymead (Armagh) Limited is a private limited company, limited by shares, domiciled in Northern Ireland,
registration number NI044358.
Registered address:
1 Killuney Road
Armagh
BT61 9HR
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
20 Reducing balance
20 Reducing balance
Furniture and Fittings
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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5
For the year ended 31 December 2023
Sunnymead (Armagh) Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Furniture and
Fittings
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 January 2023
175,136
95,149
79,987
1,245
1,245
-
Additions
At 31 December 2023
79,987
96,394
176,381
Provision for depreciation and impairment
At 01 January 2023
125,290
62,853
62,437
Charge for year
10,218
6,708
3,510
At 31 December 2023
135,508
69,561
65,947
At 31 December 2023
Net book value
14,040
26,833
40,873
At 31 December 2022
17,550
32,296
49,846
3. Inventories
2022
2023
£
£
Stocks
5,780
2,775
4. Trade and other receivables
2022
2023
£
£
Trade debtors
4,078
6,358
Other debtors
117,570
117,570
123,928
121,648
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
22,378
23,878
Trade creditors
18,035
15,637
Taxation and social security
6,982
15,390
Other creditors
21,286
23,181
68,681
78,086
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6
For the year ended 31 December 2023
Sunnymead (Armagh) Limited
Notes to the Financial Statements Continued
6. Average number of persons employed
During the year the average number of employees was 65 (2022 : 63)
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