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REGISTERED NUMBER: 07477454 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Sulin Limited

Sulin Limited (Registered number: 07477454)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Sulin Limited

Company Information
for the year ended 31 December 2023







DIRECTORS: C N Bloor
Mrs S A Bloor





REGISTERED OFFICE: Lake House
Lake House Estate
Grange Road
Ellesmere
Shropshire
SY12 9DQ





REGISTERED NUMBER: 07477454 (England and Wales)





ACCOUNTANTS: Banks Sheridan
Datum House
Electra Way
Crewe
Cheshire
CW1 6ZF

Sulin Limited (Registered number: 07477454)

Statement of Financial Position
31 December 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors: amounts falling due within one year 5 31,175 13,964
Cash at bank 1,200,460 1,281,791
1,231,635 1,295,755
CREDITORS
Amounts falling due within one year 6 (126,194 ) (129,164 )
NET CURRENT ASSETS 1,105,441 1,166,591
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,105,441

1,166,591

CAPITAL AND RESERVES
Called up share capital 103 103
Retained earnings 1,105,338 1,166,488
SHAREHOLDERS' FUNDS 1,105,441 1,166,591

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

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 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2024 and were signed on its behalf by:





Mrs S A Bloor - Director


Sulin Limited (Registered number: 07477454)

Notes to the Financial Statements
for the year ended 31 December 2023

1. STATUTORY INFORMATION

Sulin Limited ('The Company') is an investment company.

The company is a private company limited by shares and is incorporated in England and Wales. The address of the principal place of business and the registered office is Lake House, Lake House Estate, Grange Road, Ellesmere, Shropshire, SY12 9DQ. The registered number can be found on the Company Information page.

The functional and presentational currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Summary of significant accounting policies
The financial statements have been prepared under the historical cost convention.

The principle accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all years presented, unless otherwise stated.

Basis of preparation
The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006.

Going concern
No material uncertainties that may cast doubt about the ability of the company to continue as a going concern have been identified by the directors.

On this basis the directors consider it appropriate to prepare the financial statements on the going concern basis.

Income from fixed asset investments
Dividends receivable from the fixed asset investments are credited to the profit and loss account on the date the dividend is voted.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - NIL ) .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 14,174 13,964
Prepayments and accrued income 17,001 -
31,175 13,964

Amounts owed by related parties are unsecured, interest free and repayable on demand.

Sulin Limited (Registered number: 07477454)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 43,140 44,570
Directors' loan account 50,124 77,186
Accrued expenses 32,930 7,408
126,194 129,164

7. DIRECTORS' ADVANCES AND INTEREST IN TRANSACTIONS

An amount of £50,124 (2022: £77,186) owed to the directors is included within creditors: amounts falling due within one year.

During the year interest of £4,210 has been incurred by the company in respect of the directors' loan. At 31 December 2023 this remains unpaid and is included with accruals: amounts falling due within one year.

Amounts of £43,140 (2022: £44,570) owed to persons connected with the directors are included within other creditors: amounts falling due within one year.