IRIS Accounts Production v24.3.0.553 11271611 Board of Directors 1.4.23 31.3.24 31.3.24 No description of principal activity 0 false true false false true true Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh112716112023-03-31112716112024-03-31112716112023-04-012024-03-31112716112022-03-31112716112022-04-012023-03-31112716112023-03-3111271611ns15:EnglandWales2023-04-012024-03-3111271611ns14:PoundSterling2023-04-012024-03-3111271611ns10:Director12023-04-012024-03-3111271611ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3111271611ns10:SmallEntities2023-04-012024-03-3111271611ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3111271611ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3111271611ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111271611ns10:FullAccounts2023-04-012024-03-3111271611ns10:OrdinaryShareClass12023-04-012024-03-3111271611ns10:Director22023-04-012024-03-3111271611ns10:RegisteredOffice2023-04-012024-03-3111271611ns5:CurrentFinancialInstruments2024-03-3111271611ns5:CurrentFinancialInstruments2023-03-3111271611ns5:Non-currentFinancialInstruments2024-03-3111271611ns5:Non-currentFinancialInstruments2023-03-3111271611ns5:ShareCapital2024-03-3111271611ns5:ShareCapital2023-03-3111271611ns5:RetainedEarningsAccumulatedLosses2024-03-3111271611ns5:RetainedEarningsAccumulatedLosses2023-03-3111271611ns5:PlantMachinery2023-03-3111271611ns5:FurnitureFittings2023-03-3111271611ns5:MotorVehicles2023-03-3111271611ns5:ComputerEquipment2023-03-3111271611ns5:PlantMachinery2023-04-012024-03-3111271611ns5:FurnitureFittings2023-04-012024-03-3111271611ns5:MotorVehicles2023-04-012024-03-3111271611ns5:ComputerEquipment2023-04-012024-03-3111271611ns5:PlantMachinery2024-03-3111271611ns5:FurnitureFittings2024-03-3111271611ns5:MotorVehicles2024-03-3111271611ns5:ComputerEquipment2024-03-3111271611ns5:PlantMachinery2023-03-3111271611ns5:FurnitureFittings2023-03-3111271611ns5:MotorVehicles2023-03-3111271611ns5:ComputerEquipment2023-03-3111271611ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3111271611ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3111271611ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-03-3111271611ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-03-3111271611ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-03-3111271611ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-03-3111271611ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2024-03-3111271611ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2023-03-3111271611ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2024-03-3111271611ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2023-03-3111271611ns5:HirePurchaseContracts2024-03-3111271611ns5:HirePurchaseContracts2023-03-3111271611ns5:DeferredTaxation2023-03-3111271611ns5:DeferredTaxation2024-03-3111271611ns10:OrdinaryShareClass12024-03-31112716111ns10:Director12023-03-31112716111ns10:Director12022-03-31112716111ns10:Director12023-04-012024-03-31112716111ns10:Director12022-04-012023-03-31112716111ns10:Director12024-03-31112716111ns10:Director12023-03-3111271611ns10:Director222023-03-3111271611ns10:Director222022-03-3111271611ns10:Director222023-04-012024-03-3111271611ns10:Director222022-04-012023-03-3111271611ns10:Director222024-03-3111271611ns10:Director222023-03-31
REGISTERED NUMBER: 11271611 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

SUNSHINE REMOVALS & STORAGE LIMITED

SUNSHINE REMOVALS & STORAGE LIMITED (REGISTERED NUMBER: 11271611)






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SUNSHINE REMOVALS & STORAGE LIMITED

Company Information
for the year ended 31 March 2024







DIRECTORS: J Lewis
R P Shields





REGISTERED OFFICE: Preston Park House
South Road
Brighton
East Sussex
BN1 6SB





REGISTERED NUMBER: 11271611 (England and Wales)





ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

SUNSHINE REMOVALS & STORAGE LIMITED (REGISTERED NUMBER: 11271611)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 57,948 79,751

CURRENT ASSETS
Debtors 5 98,219 103,958
Cash at bank 6,451 41
104,670 103,999
CREDITORS
Amounts falling due within one year 6 (85,784 ) (72,454 )
NET CURRENT ASSETS 18,886 31,545
TOTAL ASSETS LESS CURRENT
LIABILITIES

76,834

111,296

CREDITORS
Amounts falling due after more than one
year

7

(54,816

)

(83,169

)

PROVISIONS FOR LIABILITIES 10 (9,206 ) (9,206 )
NET ASSETS 12,812 18,921

CAPITAL AND RESERVES
Called up share capital 11 20 20
Retained earnings 12,792 18,901
SHAREHOLDERS' FUNDS 12,812 18,921

The company is entitled to exemption from audit under Section 480 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.

SUNSHINE REMOVALS & STORAGE LIMITED (REGISTERED NUMBER: 11271611)

Balance Sheet - 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 15 November 2024 and were signed on its behalf by:





J Lewis - Director


SUNSHINE REMOVALS & STORAGE LIMITED (REGISTERED NUMBER: 11271611)

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Sunshine Removals & Storage 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.

Turnover
Turnover represents the fair value of consideration received or receivable net of VAT and trade discounts. Revenue from the provision of removals and storage services is recognised at the point of sale.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & machinery-20% on cost
Office equipment-20% on cost
Motor vehicles-25% on cost
Computer equipment-33% on cost

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Impairment
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

SUNSHINE REMOVALS & STORAGE LIMITED (REGISTERED NUMBER: 11271611)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 7 ).

4. TANGIBLE FIXED ASSETS
Plant and Office Motor Computer
machinery equipment vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 7,528 2,128 153,541 3,153 166,350
Additions 1,160 - - - 1,160
At 31 March 2024 8,688 2,128 153,541 3,153 167,510
DEPRECIATION
At 1 April 2023 4,371 1,447 77,639 3,142 86,599
Charge for year 1,629 425 20,898 11 22,963
At 31 March 2024 6,000 1,872 98,537 3,153 109,562
NET BOOK VALUE
At 31 March 2024 2,688 256 55,004 - 57,948
At 31 March 2023 3,157 681 75,902 11 79,751

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 2,450
Other debtors 98,219 101,508
98,219 103,958

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 8) 10,000 13,804
Hire purchase contracts (see note 9) 18,353 33,266
Taxation and social security 37,782 19,236
Other creditors 19,649 6,148
85,784 72,454

SUNSHINE REMOVALS & STORAGE LIMITED (REGISTERED NUMBER: 11271611)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 8) 11,667 21,667
Hire purchase contracts (see note 9) 43,149 61,502
54,816 83,169

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts - 3,804
Bank loans 10,000 10,000
10,000 13,804

Amounts falling due between one and two years:
Bank loans - 1-2 years 10,000 10,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 1,667 11,667

9. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2024 2023
£    £   
Net obligations repayable:
Within one year 18,353 33,266
Between one and five years 43,149 61,502
61,502 94,768

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 9,206 9,206

SUNSHINE REMOVALS & STORAGE LIMITED (REGISTERED NUMBER: 11271611)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2023 9,206
Accelerated capital allowances
Balance at 31 March 2024 9,206

** BALANCE ABOVE AT END OF YEAR RE DEFERRED TAX ON CLIENT SCREEN OF -
DOES NOT AGREE TO CURRENT YEAR TOTAL OF ACCOUNTS PER TB 9,206

PLEASE CHECK CLIENT SCREEN - NOTES TO FINANCIAL STATEMENTS - BALANCE SHEET ITEMS - PROVISIONS FOR LIABILITIES - MOVEMENT IN PROVISIONS ETC

Please note: a deferred tax asset should be entered as a negative balance (i.e. include a "-" sign)


11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
20 Ordinary £1 20 20

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
J Lewis
Balance outstanding at start of year 34,155 31,590
Amounts advanced - 4,094
Amounts repaid - (1,529 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 34,155

R P Shields
Balance outstanding at start of year 34,434 36,711
Amounts advanced - 1,044
Amounts repaid - (3,321 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 34,434