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REGISTERED NUMBER: 04532674 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Sun Leisure Limited

Sun Leisure Limited (Registered number: 04532674)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


Sun Leisure Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: D J Hunter





REGISTERED OFFICE: Riber Products Bridge Street
Clay Cross
Chesterfield
S45 9NU





REGISTERED NUMBER: 04532674 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
Unit 4B, The Willows
Ransom Wood Business Park
Southwell Road West
Mansfield
Nottinghamshire
NG21 0HJ

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Sun Leisure Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sun Leisure Limited for the year ended 30 April 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Sun Leisure Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Sun Leisure Limited and state those matters that we have agreed to state to the director of Sun Leisure Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sun Leisure Limited and its director for our work or for this report.

It is your duty to ensure that Sun Leisure Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Sun Leisure Limited. You consider that Sun Leisure Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Sun Leisure Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wright Vigar Limited
Chartered Accountants & Business Advisers
Unit 4B, The Willows
Ransom Wood Business Park
Southwell Road West
Mansfield
Nottinghamshire
NG21 0HJ


31 January 2025

Sun Leisure Limited (Registered number: 04532674)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 13,455 19,640
Tangible assets 5 50,926 185,955
64,381 205,595

CURRENT ASSETS
Stocks 516,447 702,607
Debtors 6 253,869 204,040
Cash at bank 76,024 106,620
846,340 1,013,267
CREDITORS
Amounts falling due within one year 7 265,990 265,138
NET CURRENT ASSETS 580,350 748,129
TOTAL ASSETS LESS CURRENT
LIABILITIES

644,731

953,724

CREDITORS
Amounts falling due after more than one
year

8

(61,808

)

(156,675

)

PROVISIONS FOR LIABILITIES (12,732 ) (18,651 )
NET ASSETS 570,191 778,398

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 570,190 778,397
SHAREHOLDERS' FUNDS 570,191 778,398

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

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 director acknowledges his 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.

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 director and authorised for issue on 31 January 2025 and were signed by:



D J Hunter - Director


Sun Leisure Limited (Registered number: 04532674)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Sun Leisure 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and Buildings - 5% on cost and not provided
Plant and machinery - 15% on cost
Motor vehicles - 25% on cost
Computer equipment - 15% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The Company only enters into basic financial instrument 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, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Sun Leisure Limited (Registered number: 04532674)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 90,000 61,850 151,850
AMORTISATION
At 1 May 2023 90,000 42,210 132,210
Charge for year - 6,185 6,185
At 30 April 2024 90,000 48,395 138,395
NET BOOK VALUE
At 30 April 2024 - 13,455 13,455
At 30 April 2023 - 19,640 19,640

Sun Leisure Limited (Registered number: 04532674)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. TANGIBLE FIXED ASSETS
Land and Plant and Motor Computer
Buildings machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 176,350 38,996 20,608 79,441 315,395
Additions - 3,500 - - 3,500
Disposals (176,350 ) - - (5,246 ) (181,596 )
At 30 April 2024 - 42,496 20,608 74,195 137,299
DEPRECIATION
At 1 May 2023 55,166 33,761 10,304 30,209 129,440
Charge for year - 3,632 5,152 8,561 17,345
Eliminated on disposal (55,166 ) - - (5,246 ) (60,412 )
At 30 April 2024 - 37,393 15,456 33,524 86,373
NET BOOK VALUE
At 30 April 2024 - 5,103 5,152 40,671 50,926
At 30 April 2023 121,184 5,235 10,304 49,232 185,955

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 252,605 198,180
Other debtors 1,264 5,860
253,869 204,040

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 97,851 86,979
Trade creditors 80,045 27,741
Taxation and social security 77,066 148,006
Other creditors 11,028 2,412
265,990 265,138

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 61,808 156,675

9. CALLED UP SHARE CAPITAL

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