2023-05-01 07572777 2024-04-30 07572777 2023-05-01 2024-04-30 07572777 2023-04-30 07572777 2022-05-01 2023-04-30 07572777 uk-core:WithinOneYear 2023-04-30 07572777 uk-core:WithinOneYear 2024-04-30 07572777 uk-core:AfterOneYear 2023-04-30 07572777 uk-core:AfterOneYear 2024-04-30 07572777 uk-core:ShareCapital 2024-04-30 07572777 uk-core:ShareCapital 2023-04-30 07572777 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 07572777 uk-core:RetainedEarningsAccumulatedLosses 2023-04-30 07572777 uk-bus:Director1 2023-05-01 2024-04-30 07572777 uk-core:InvestmentPropertyIncludedWithinPPE 2023-05-01 2024-04-30 07572777 uk-core:ComputerEquipment 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure 07572777 uk-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 07572777 uk-bus:FRS102 2023-05-01 2024-04-30 07572777 uk-bus:FilletedAccounts 2023-05-01 2024-04-30 07572777 uk-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30
Sund Investments Ltd
Registered Number:07572777
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 April 2024
Sund Investments Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
07572777
As at 30 April 2024
Sund Investments Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
515
644
2
3
2,250,000
2,250,000
Investment property
2,250,515
2,250,644
Current assets
339,915
Cash and cash equivalents
211,333
211,333
339,915
Trade and other payables: amounts falling due within one
year
(135,607)
(129,660)
5
204,308
81,673
Net current assets
Total assets less current liabilities
2,332,188
2,454,952
Trade and other payables: amounts falling due after more
than one year
(1,276,954)
(1,077,718)
6
(86,480)
(86,480)
Provisions for liabilities
1,167,990
Net assets
1,091,518
Capital and reserves
Called up share capital
200
200
Retained earnings
1,167,790
1,091,318
1,167,990
1,091,518
Shareholders' funds
For the year ended 30 April 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Dr S S Sharma Director
These financial statements were approved and authorised for issue by the Board on 07 January 2025 and were signed by:
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4
Registered Number :
07572777
For the year ended 30 April 2024
Sund Investments Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 30 April 2024
Sund Investments Ltd
Notes to the Financial Statements
Statutory Information
Sund Investments Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 07572777.
Registered address:
109 Dormers Wells Lane
Southall Middlesex
UB1 3JA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover represents rents receivable and re-imbursement of insurance, ground rent and service charges.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and buildings
0% Straight line
20% Reducing balance
Computer equipment
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.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred. During the last year, CJRS has been claimed.
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.
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6
For the year ended 30 April 2024
Sund Investments Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Computer
equipment
£
Cost or
valuation
At 01 May 2023
1,663
At 30 April 2024
1,663
Provision for depreciation and impairment
At 01 May 2023
1,019
Charge for year
129
At 30 April 2024
1,148
At 30 April 2024
Net book value
515
At 30 April 2023
644
3. Investment property
Total
£
Fair value
At 01 May 2023
2,250,000
At 30 April 2024
2,250,000
Net book value
At 30 April 2024
2,250,000
At 30 April 2023
2,250,000
4. Investments held as fixed assets
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
36,904
42,264
Other creditors
92,756
93,343
129,660
135,607
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7
For the year ended 30 April 2024
Sund Investments Ltd
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
937,534
960,632
Other creditors
140,184
316,322
1,077,718
1,276,954
7. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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