IRIS Accounts Production v24.3.0.553 07034286 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh070342862023-03-31070342862024-03-31070342862023-04-012024-03-31070342862022-03-31070342862022-04-012023-03-31070342862023-03-3107034286ns15:EnglandWales2023-04-012024-03-3107034286ns14:PoundSterling2023-04-012024-03-3107034286ns10:Director12023-04-012024-03-3107034286ns10:Director22023-04-012024-03-3107034286ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3107034286ns10:SmallEntities2023-04-012024-03-3107034286ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3107034286ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3107034286ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3107034286ns10:FullAccounts2023-04-012024-03-3107034286ns10:RegisteredOffice2023-04-012024-03-3107034286ns5:CurrentFinancialInstruments2024-03-3107034286ns5:CurrentFinancialInstruments2023-03-3107034286ns5:Non-currentFinancialInstruments2024-03-3107034286ns5:Non-currentFinancialInstruments2023-03-3107034286ns5:ShareCapital2024-03-3107034286ns5:ShareCapital2023-03-3107034286ns5:RetainedEarningsAccumulatedLosses2024-03-3107034286ns5:RetainedEarningsAccumulatedLosses2023-03-3107034286ns5:LeaseholdImprovements2023-04-012024-03-3107034286ns5:PlantMachinery2023-04-012024-03-3107034286ns5:MotorVehicles2023-04-012024-03-3107034286ns5:ComputerEquipment2023-04-012024-03-3107034286ns5:LeaseholdImprovements2023-03-3107034286ns5:PlantMachinery2023-03-3107034286ns5:MotorVehicles2023-03-3107034286ns5:ComputerEquipment2023-03-3107034286ns5:LeaseholdImprovements2024-03-3107034286ns5:PlantMachinery2024-03-3107034286ns5:MotorVehicles2024-03-3107034286ns5:ComputerEquipment2024-03-3107034286ns5:LeaseholdImprovements2023-03-3107034286ns5:PlantMachinery2023-03-3107034286ns5:MotorVehicles2023-03-3107034286ns5:ComputerEquipment2023-03-3107034286ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3107034286ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3107034286ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-03-3107034286ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-03-31
REGISTERED NUMBER: 07034286 (England and Wales)















Sunningdale Construction
Contracts Limited

Unaudited Financial Statements for the Year Ended 31 March 2024






Sunningdale Construction
Contracts Limited (Registered number: 07034286)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Sunningdale Construction
Contracts Limited

Company Information
for the Year Ended 31 March 2024







Directors: J A Collen
L J Gage





Registered office: Caldecott Hall
Beccles Road
Fritton
Norfolk
NR31 9EY





Registered number: 07034286 (England and Wales)





Accountants: Fairhead Bradford
5 Queen Street
Great Yarmouth
Norfolk
NR30 2QP

Sunningdale Construction
Contracts Limited (Registered number: 07034286)

Statement of Financial Position
31 March 2024

31/3/24 31/3/23
Notes £    £    £    £   
Fixed assets
Tangible assets 4 17,438 22,582

Current assets
Debtors 5 143,056 158,932
Cash at bank 2,063 17,554
145,119 176,486
Creditors
Amounts falling due within one year 6 191,192 243,830
Net current liabilities (46,073 ) (67,344 )
Total assets less current liabilities (28,635 ) (44,762 )

Creditors
Amounts falling due after more than one
year

7

11,667

21,667
Net liabilities (40,302 ) (66,429 )

Capital and reserves
Called up share capital 2 2
Retained earnings (40,304 ) (66,431 )
Shareholders' funds (40,302 ) (66,429 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Sunningdale Construction
Contracts Limited (Registered number: 07034286)

Statement of Financial Position - continued
31 March 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 November 2024 and were signed on its behalf by:




L J Gage - Director



J A Collen - Director


Sunningdale Construction
Contracts Limited (Registered number: 07034286)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. Statutory information

Sunningdale Construction Contracts Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. Accounting policies

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

Going concern
The directors consider in preparing these financial statements they have taken into account all of the information that could reasonably be expected to be available. On this basis they consider that it is appropriate to prepare the financial statements on a going concern basis despite the company having net liabilities as at 31 March 2024 of £40,304. The validity of the going concern basis is dependant on the continued support of the directors' of the company who as at 31 March 2024 had loaned the company £93,075 and have agreed not to draw on these loans if to do so would prevent the company from meeting its day to day liabilities as they fell due.

If the going concern basis proved to be inappropriate, adjustments would have to be made to the financial statements to re-value fixed assets and current assets to their recoverable amounts, to provide for any additional liabilities and to re-classify fixed assets and long term liabilities as current assets and liabilities.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of value added tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods are transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period.

When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Infrastructure - 2% on cost
Plant and machinery - at variable rates on reducing balance
Motor vehicles - 20% on reducing balance
Computer and office equipment - 33% on reducing balance

Sunningdale Construction
Contracts Limited (Registered number: 07034286)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. Accounting policies - continued

Financial instruments
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

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.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 4 (2023 - 5 ) .

Sunningdale Construction
Contracts Limited (Registered number: 07034286)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. Tangible fixed assets
Computer
and
Plant and Motor office
Infrastructure machinery vehicles equipment Totals
£    £    £    £    £   
Cost
At 1 April 2023
and 31 March 2024 950 6,120 17,000 3,789 27,859
Depreciation
At 1 April 2023 133 1,770 708 2,666 5,277
Charge for year 19 678 4,073 374 5,144
At 31 March 2024 152 2,448 4,781 3,040 10,421
Net book value
At 31 March 2024 798 3,672 12,219 749 17,438
At 31 March 2023 817 4,350 16,292 1,123 22,582

5. Debtors
31/3/24 31/3/23
£    £   
Amounts falling due within one year:
Trade debtors 2 40,500
Amounts owed by associates 139,042 107,826
Other debtors 99 99
139,143 148,425

Amounts falling due after more than one year:
Other debtors 3,913 10,507

Aggregate amounts 143,056 158,932

6. Creditors: amounts falling due within one year
31/3/24 31/3/23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 3,222 33,270
Amounts owed to associates 80,055 99,495
Taxation and social security 3,120 7,120
Other creditors 94,795 93,945
191,192 243,830

7. Creditors: amounts falling due after more than one year
31/3/24 31/3/23
£    £   
Bank loans 11,667 21,667