|
|
2024 |
|
|
£ |
£ |
Called up share capital not paid |
|
|
100 |
Fixed assets |
|
|
36,086 |
Current assets |
|
163,530 |
|
Creditors: amount falling due within one year |
|
(77,514) |
|
Net current assets
|
|
|
86,016
|
Total assets less current liabilities
|
|
|
122,202 |
Net assets
|
|
|
122,202 |
|
|
|
|
|
Capital and reserves
|
|
|
122,202 |
|
NOTES TO THE ACCOUNTS
General Information
SUNSHINE DIGITAL LTD is a private company, limited by shares, registered in England and Wales, registration number 14687632, registration address 85 GREAT PORTLAND STREET, FIRST FLOOR , LONDON, W1W 7LT.
The presentation currency is £ sterling.
1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Tangible fixed assets
Tangible fixed assets, 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 |
33.33% Straight Line
|
Motor Vehicles |
20% Straight Line
|
Computer Equipment |
33.33% Straight Line
|
|
2. |
Tangible fixed assets
Cost or valuation |
Plant and Machinery |
|
Motor Vehicles |
|
Computer Equipment |
|
Total |
|
£ |
|
£ |
|
£ |
|
£ |
At 24 February 2023 |
- |
|
- |
|
- |
|
- |
Additions |
809 |
|
42,644 |
|
2,138 |
|
45,591 |
Disposals |
- |
|
- |
|
(116) |
|
(116) |
At 29 February 2024 |
809 |
|
42,644 |
|
2,022 |
|
45,475 |
Depreciation |
At 24 February 2023 |
- |
|
- |
|
- |
|
- |
Charge for period |
270 |
|
8,476 |
|
643 |
|
9,389 |
On disposals |
- |
|
- |
|
- |
|
- |
At 29 February 2024 |
270 |
|
8,476 |
|
643 |
|
9,389 |
Net book values |
Closing balance as at 29 February 2024 |
539 |
|
34,168 |
|
1,379 |
|
36,086 |
Opening balance as at 24 February 2023 |
- |
|
- |
|
- |
|
- |
|
3. |
Average number of employees
Average number of employees during the period was 2.
|
4. |
Advances and Credits
Kana Butkovic The overdrawn directors loan was fully repaid back to the company within 9 months after the yearend. Kirti Butkovic The overdrawn directors loan was fully repaid back to the company within 9 months after the yearend. | Brought Forward £ | Amount £ | Interest £ | Repaid £ | Written Off £ | Waived £ | Carry Forward £ |
---|
Kana Butkovic | 0 | | 88,296 | | 401 | | 0 | | 0 | | 0 | | 88,697 | Kirti Butkovic | 0 | | 39,536 | | 67 | | 0 | | 0 | | 0 | | 39,603 | | 0 | | 127832 | | 468 | | 0 | | 0 | | 0 | | 128300 |
|
For the period ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' Responsibilities: The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the board of directors on 14 October 2024 and were signed on its behalf by: -------------------------------- Kana Kresimir Butkovic Director |
1
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