Sunrise Design Limited 08015260 false 2023-04-06 2024-04-05 2024-04-05 The principal activity of the company is Consultancy Digita Accounts Production Advanced 6.30.9574.0 true 08015260 2023-04-06 2024-04-05 08015260 2024-04-05 08015260 core:RetainedEarningsAccumulatedLosses 2024-04-05 08015260 core:ShareCapital 2024-04-05 08015260 core:CurrentFinancialInstruments 2024-04-05 08015260 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-05 08015260 core:PlantMachinery 2024-04-05 08015260 bus:SmallEntities 2023-04-06 2024-04-05 08015260 bus:AuditExemptWithAccountantsReport 2023-04-06 2024-04-05 08015260 bus:FilletedAccounts 2023-04-06 2024-04-05 08015260 bus:SmallCompaniesRegimeForAccounts 2023-04-06 2024-04-05 08015260 bus:RegisteredOffice 2023-04-06 2024-04-05 08015260 bus:Director1 2023-04-06 2024-04-05 08015260 bus:PrivateLimitedCompanyLtd 2023-04-06 2024-04-05 08015260 core:PlantMachinery 2023-04-06 2024-04-05 08015260 countries:EnglandWales 2023-04-06 2024-04-05 08015260 2023-04-05 08015260 core:PlantMachinery 2023-04-05 08015260 2022-04-06 2023-04-05 08015260 2023-04-05 08015260 core:RetainedEarningsAccumulatedLosses 2023-04-05 08015260 core:ShareCapital 2023-04-05 08015260 core:CurrentFinancialInstruments 2023-04-05 08015260 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-05 08015260 core:PlantMachinery 2023-04-05 iso4217:GBP xbrli:pure

Registration number: 08015260

Sunrise Design Limited
 

Annual Report and Unaudited Financial Statements- Companies house filing

for the Year Ended 5 April 2024

 

Sunrise Design Limited

(Registration number: 08015260)
Statement of Financial Position as at 5 April 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

191

256

Current assets

 

Debtors

5

20,241

16,969

Cash at bank and in hand

 

80,738

64,774

 

100,979

81,743

Creditors: Amounts falling due within one year

6

(81,691)

(62,003)

Net current assets

 

19,288

19,740

Net assets

 

19,479

19,996

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

19,379

19,896

Shareholders' funds

 

19,479

19,996

For the financial year ending 5 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the director on 20 November 2024
 

.........................................
Dr A J Chester
Director

 

Sunrise Design Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: 77 London Road, Camberley, Surrey, GU15 3TW.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.

The company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the entity.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Sunrise Design Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2024

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% reducing balance

Trade debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and bank deposits.

Trade creditors

Short term creditors are measured at the transaction price.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Employee benefits

Short-term employee benefits are recognised as an expense in the period which they are incurred.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Sunrise Design Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2024

4

Tangible assets

Plant and machinery
£

Total
£

Cost or valuation

At 6 April 2023

1,889

1,889

At 5 April 2024

1,889

1,889

Depreciation

At 6 April 2023

1,633

1,633

Charge for the year

65

65

At 5 April 2024

1,698

1,698

Carrying amount

At 5 April 2024

191

191

At 5 April 2023

256

256

5

Debtors

2024
£

2023
£

Trade debtors

19,820

16,937

Other debtors

421

32

20,241

16,969

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Trade creditors

192

192

Taxation and social security

757

528

Accruals and deferred income

20,149

33,107

Other creditors

60,593

28,176

81,691

62,003