Sumara Trading Limited 09660478 true 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is Investment Digita Accounts Production Advanced 6.30.9574.0 true true 09660478 2023-07-01 2024-06-30 09660478 2024-06-30 09660478 core:FinancialAssetsCostLessImpairment core:Non-currentFinancialInstruments 2024-06-30 09660478 bus:SmallEntities 2023-07-01 2024-06-30 09660478 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 09660478 bus:FullAccounts 2023-07-01 2024-06-30 09660478 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09660478 bus:RegisteredOffice 2023-07-01 2024-06-30 09660478 bus:Director1 2023-07-01 2024-06-30 09660478 bus:Director2 2023-07-01 2024-06-30 09660478 bus:EntityHasNeverTraded 2023-07-01 2024-06-30 09660478 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09660478 countries:EnglandWales 2023-07-01 2024-06-30 09660478 2022-07-01 2023-06-30 09660478 2023-06-30 iso4217:GBP xbrli:pure

Registration number: 09660478

Sumara Trading Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2024

image-name
 

Sumara Trading Limited

Contents

Company Information

1

Directors' Report

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

4 to 5

 

Sumara Trading Limited

Company Information

Directors

JD Hulse

R Hammond

Registered office

Ground Floor
19 New Road
Brighton
East Sussex
BN1 1UF

Accountants

Lucraft Hodgson & Dawes LLP
Ground Floor
19 New Road
Brighton
East Sussex
BN1 1UF

 

Sumara Trading Limited

Directors' Report for the Year Ended 30 June 2024

The directors present their report and the financial statements for the year ended 30 June 2024.

Directors of the company

The directors who held office during the year were as follows:

JD Hulse

R Hammond

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the Board on 17 January 2025 and signed on its behalf by:

.........................................
JD Hulse
Director

   
     
 

Sumara Trading Limited

(Registration number: 09660478)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed Assets

 

Other financial assets

4

1

1

Current assets

 

Cash at bank and in hand

 

99

99

Net assets

 

100

100

Capital and Reserves

 

Called up share capital

100

100

Shareholders' funds

 

100

100

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' 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 directors acknowledge their 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 17 January 2025 and signed on its behalf by:
 

.........................................
JD Hulse
Director

   
     
 

Sumara Trading Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 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:
Ground Floor
19 New Road
Brighton
East Sussex
BN1 1UF
England

These financial statements were authorised for issue by the Board on 17 January 2025.

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 presented in Sterling, which is the functional currency of the company.

Going concern

The financial statements have been prepared on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Sumara Trading Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

3

Staff numbers

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

4

Other financial assets (current and non-current)

Financial assets at cost less impairment
£

Total
£

Non-current financial assets

Cost or valuation

Financial assets at cost less impairment

1

1

At 30 June 2024

1

1

Impairment

Carrying amount

At 30 June 2024

1

1