GOLDEN SUNRISE (HOLDINGS) LIMITED |
Unaudited Financial Statements |
for the Year Ended 30th September 2024 |
GOLDEN SUNRISE (HOLDINGS) LIMITED |
Unaudited Financial Statements |
for the Year Ended 30th September 2024 |
GOLDEN SUNRISE (HOLDINGS) LIMITED (REGISTERED NUMBER: 00770949) |
Contents of the Financial Statements |
for the year ended 30th September 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
GOLDEN SUNRISE (HOLDINGS) LIMITED |
Company Information |
for the year ended 30th September 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
1 Abbots Quay |
Monks Ferry |
Birkenhead |
Merseyside |
CH41 5LH |
GOLDEN SUNRISE (HOLDINGS) LIMITED (REGISTERED NUMBER: 00770949) |
Balance Sheet |
30th September 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investment property | 5 |
CURRENT ASSETS |
Stocks |
Debtors | 6 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Revaluation reserve | 8 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
GOLDEN SUNRISE (HOLDINGS) LIMITED (REGISTERED NUMBER: 00770949) |
Balance Sheet - continued |
30th September 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
GOLDEN SUNRISE (HOLDINGS) LIMITED (REGISTERED NUMBER: 00770949) |
Notes to the Financial Statements |
for the year ended 30th September 2024 |
1. | STATUTORY INFORMATION |
Golden Sunrise (Holdings) Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents net rents received during the year. |
Tangible fixed assets |
Plant and machinery etc | - |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Stocks |
Work in progress is valued at the lower of cost and net realisable value. |
Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition. |
Debtors |
Short term debtors are measured at transaction price, less any impairment. |
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. |
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. |
Financial instruments |
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like other debtors and creditors and loans from banks |
Debt instruments (other than those wholly repayable or receivable within one year), including loans, are initially measured at present value of the future cash flows and subsequently measured at amortised cost using the effective interest method. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
GOLDEN SUNRISE (HOLDINGS) LIMITED (REGISTERED NUMBER: 00770949) |
Notes to the Financial Statements - continued |
for the year ended 30th September 2024 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1st October 2023 |
Additions |
Disposals | ( |
) |
At 30th September 2024 |
DEPRECIATION |
At 1st October 2023 |
Charge for year |
Eliminated on disposal | ( |
) |
At 30th September 2024 |
NET BOOK VALUE |
At 30th September 2024 |
At 30th September 2023 |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1st October 2023 |
Additions |
At 30th September 2024 |
NET BOOK VALUE |
At 30th September 2024 |
At 30th September 2023 |
Fair value at 30th September 2024 is represented by: |
£ |
Valuation in 2024 | 2,630,572 |
Cost | 5,894,896 |
8,525,468 |
If investment property had not been revalued it would have been included at the following historical cost: |
2024 | 2023 |
£ | £ |
Cost | 5,894,896 | 5,497,089 |
Investment property was valued on an open market basis on 30th September 2024 by the directors . |
GOLDEN SUNRISE (HOLDINGS) LIMITED (REGISTERED NUMBER: 00770949) |
Notes to the Financial Statements - continued |
for the year ended 30th September 2024 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade debtors |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Taxation and social security |
Other creditors |
8. | RESERVES |
Revaluation |
reserve |
£ |
At 1st October 2023 |
and 30th September 2024 |
9. | RELATED PARTY DISCLOSURES |
During the year, total dividends of £91,250 were paid to the directors . |
Included in other creditors is the sum of £54,405 (2023 - £106) owing to the directors of the company. |
10. | ULTIMATE CONTROLLING PARTY |
The controlling party is D Sergi. |