Acorah Software Products - Accounts Production 16.0.110 false true 31 December 2022 1 January 2021 false 1 January 2023 31 December 2023 31 December 2023 09907090 Mr Uday Bhatt iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09907090 2022-12-31 09907090 2023-12-31 09907090 2023-01-01 2023-12-31 09907090 frs-core:CurrentFinancialInstruments 2023-12-31 09907090 frs-core:Non-currentFinancialInstruments 2023-12-31 09907090 frs-core:ComputerEquipment 2023-12-31 09907090 frs-core:ComputerEquipment 2023-01-01 2023-12-31 09907090 frs-core:ComputerEquipment 2022-12-31 09907090 frs-core:ShareCapital 2023-12-31 09907090 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09907090 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09907090 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 09907090 frs-bus:SmallEntities 2023-01-01 2023-12-31 09907090 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09907090 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09907090 frs-bus:Director1 2023-01-01 2023-12-31 09907090 frs-countries:EnglandWales 2023-01-01 2023-12-31 09907090 2020-12-31 09907090 2022-12-31 09907090 2021-01-01 2022-12-31 09907090 frs-core:CurrentFinancialInstruments 2022-12-31 09907090 frs-core:Non-currentFinancialInstruments 2022-12-31 09907090 frs-core:ShareCapital 2022-12-31 09907090 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 09907090
Sunmaker Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09907090
31 December 2023 31 December 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 425 566
Investment Properties 5 543,957 543,957
544,382 544,523
CURRENT ASSETS
Debtors 6 1,500 -
Cash at bank and in hand 94,263 149,592
95,763 149,592
Creditors: Amounts Falling Due Within One Year 7 (63,276 ) (103,361 )
NET CURRENT ASSETS (LIABILITIES) 32,487 46,231
TOTAL ASSETS LESS CURRENT LIABILITIES 576,869 590,754
Creditors: Amounts Falling Due After More Than One Year 8 (705,707 ) (710,016 )
NET LIABILITIES (128,838 ) (119,262 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (128,938 ) (119,362 )
SHAREHOLDERS' FUNDS (128,838) (119,262)
Page 1
Page 2
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Uday Bhatt
Director
26 September 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Sunmaker Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09907090 . The registered office is The Mill Pury Hill Business Park, Alderton Road, Towcester, Northants, NN12 7LS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 25% reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2023 4,173
As at 31 December 2023 4,173
Depreciation
As at 1 January 2023 3,607
Provided during the period 141
As at 31 December 2023 3,748
Net Book Value
As at 31 December 2023 425
As at 1 January 2023 566
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Page 4
5. Investment Property
31 December 2023
£
Fair Value
As at 1 January 2023 and 31 December 2023 543,957
6. Debtors
31 December 2023 31 December 2022
£ £
Due within one year
Other debtors 1,500 -
7. Creditors: Amounts Falling Due Within One Year
31 December 2023 31 December 2022
£ £
Trade creditors 1 1
Bank loans and overdrafts 3,971 3,000
Other creditors 59,206 100,262
Taxation and social security 98 98
63,276 103,361
8. Creditors: Amounts Falling Due After More Than One Year
31 December 2023 31 December 2022
£ £
Bank loans 19,547 23,856
Other loans 403,683 403,683
Other creditors 282,477 282,477
705,707 710,016
9. Share Capital
31 December 2023 31 December 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4