2023-06-012024-05-312024-05-31false12640915SUGAR VALLEY LTD2025-02-1110710falseiso4217:GBPxbrli:pure126409152023-06-01126409152024-05-31126409152023-06-012024-05-31126409152022-06-01126409152023-05-31126409152022-06-012023-05-3112640915bus:SmallEntities2023-06-012024-05-3112640915bus:AuditExempt-NoAccountantsReport2023-06-012024-05-3112640915bus:AbridgedAccounts2023-06-012024-05-3112640915bus:PrivateLimitedCompanyLtd2023-06-012024-05-3112640915core:WithinOneYear2024-05-3112640915core:AfterOneYear2024-05-3112640915core:WithinOneYear2023-05-3112640915core:AfterOneYear2023-05-3112640915core:ShareCapital2024-05-3112640915core:SharePremium2024-05-3112640915core:RevaluationReserve2024-05-3112640915core:OtherReservesSubtotal2024-05-3112640915core:RetainedEarningsAccumulatedLosses2024-05-3112640915core:ShareCapital2023-05-3112640915core:SharePremium2023-05-3112640915core:RevaluationReserve2023-05-3112640915core:OtherReservesSubtotal2023-05-3112640915core:RetainedEarningsAccumulatedLosses2023-05-3112640915core:LandBuildings2024-05-3112640915core:PlantMachinery2024-05-3112640915core:Vehicles2024-05-3112640915core:FurnitureFittings2024-05-3112640915core:OfficeEquipment2024-05-3112640915core:NetGoodwill2024-05-3112640915core:IntangibleAssetsOtherThanGoodwill2024-05-3112640915core:ListedExchangeTraded2024-05-3112640915core:UnlistedNon-exchangeTraded2024-05-3112640915core:LandBuildings2023-05-3112640915core:PlantMachinery2023-05-3112640915core:Vehicles2023-05-3112640915core:FurnitureFittings2023-05-3112640915core:OfficeEquipment2023-05-3112640915core:NetGoodwill2023-05-3112640915core:IntangibleAssetsOtherThanGoodwill2023-05-3112640915core:ListedExchangeTraded2023-05-3112640915core:UnlistedNon-exchangeTraded2023-05-3112640915core:LandBuildings2023-06-012024-05-3112640915core:PlantMachinery2023-06-012024-05-3112640915core:Vehicles2023-06-012024-05-3112640915core:FurnitureFittings2023-06-012024-05-3112640915core:OfficeEquipment2023-06-012024-05-3112640915core:NetGoodwill2023-06-012024-05-3112640915core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3112640915core:ListedExchangeTraded2023-06-012024-05-3112640915core:UnlistedNon-exchangeTraded2023-06-012024-05-3112640915core:MoreThanFiveYears2023-06-012024-05-3112640915core:Non-currentFinancialInstruments2024-05-3112640915core:Non-currentFinancialInstruments2023-05-3112640915dpl:CostSales2023-06-012024-05-3112640915dpl:DistributionCosts2023-06-012024-05-3112640915core:LandBuildings2023-06-012024-05-3112640915core:PlantMachinery2023-06-012024-05-3112640915core:Vehicles2023-06-012024-05-3112640915core:FurnitureFittings2023-06-012024-05-3112640915core:OfficeEquipment2023-06-012024-05-3112640915dpl:AdministrativeExpenses2023-06-012024-05-3112640915core:NetGoodwill2023-06-012024-05-3112640915core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3112640915dpl:GroupUndertakings2023-06-012024-05-3112640915dpl:ParticipatingInterests2023-06-012024-05-3112640915dpl:GroupUndertakingscore:ListedExchangeTraded2023-06-012024-05-3112640915core:ListedExchangeTraded2023-06-012024-05-3112640915dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-06-012024-05-3112640915core:UnlistedNon-exchangeTraded2023-06-012024-05-3112640915dpl:CostSales2022-06-012023-05-3112640915dpl:DistributionCosts2022-06-012023-05-3112640915core:LandBuildings2022-06-012023-05-3112640915core:PlantMachinery2022-06-012023-05-3112640915core:Vehicles2022-06-012023-05-3112640915core:FurnitureFittings2022-06-012023-05-3112640915core:OfficeEquipment2022-06-012023-05-3112640915dpl:AdministrativeExpenses2022-06-012023-05-3112640915core:NetGoodwill2022-06-012023-05-3112640915core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3112640915dpl:GroupUndertakings2022-06-012023-05-3112640915dpl:ParticipatingInterests2022-06-012023-05-3112640915dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-012023-05-3112640915core:ListedExchangeTraded2022-06-012023-05-3112640915dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-012023-05-3112640915core:UnlistedNon-exchangeTraded2022-06-012023-05-3112640915core:NetGoodwill2024-05-3112640915core:IntangibleAssetsOtherThanGoodwill2024-05-3112640915core:LandBuildings2024-05-3112640915core:PlantMachinery2024-05-3112640915core:Vehicles2024-05-3112640915core:FurnitureFittings2024-05-3112640915core:OfficeEquipment2024-05-3112640915core:AfterOneYear2024-05-3112640915core:WithinOneYear2024-05-3112640915core:ListedExchangeTraded2024-05-3112640915core:UnlistedNon-exchangeTraded2024-05-3112640915core:ShareCapital2024-05-3112640915core:SharePremium2024-05-3112640915core:RevaluationReserve2024-05-3112640915core:OtherReservesSubtotal2024-05-3112640915core:RetainedEarningsAccumulatedLosses2024-05-3112640915core:NetGoodwill2023-05-3112640915core:IntangibleAssetsOtherThanGoodwill2023-05-3112640915core:LandBuildings2023-05-3112640915core:PlantMachinery2023-05-3112640915core:Vehicles2023-05-3112640915core:FurnitureFittings2023-05-3112640915core:OfficeEquipment2023-05-3112640915core:AfterOneYear2023-05-3112640915core:WithinOneYear2023-05-3112640915core: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SUGAR VALLEY LTD

Registered Number
12640915
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2024

SUGAR VALLEY LTD
Company Information
for the year from 1 June 2023 to 31 May 2024

Director

YOUSAF, Muhammad Wasim

Registered Address

120 Listerhills Road
Bradford
BD7 1JR

Registered Number

12640915 (England and Wales)
SUGAR VALLEY LTD
Balance Sheet as at
31 May 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets381,75485,949
81,75485,949
Current assets
Stocks39,42139,421
Debtors320,920128,422
Cash at bank and on hand57,170-
417,511167,843
Creditors amounts falling due within one year(184,290)(35,691)
Net current assets (liabilities)233,221132,152
Total assets less current liabilities314,975218,101
Net assets314,975218,101
Capital and reserves
Called up share capital100100
Profit and loss account314,875218,001
Shareholders' funds314,975218,101
The financial statements were approved and authorised for issue by the Director on 11 February 2025, and are signed on its behalf by:
YOUSAF, Muhammad Wasim
Director
Registered Company No. 12640915
SUGAR VALLEY LTD
Notes to the Financial Statements
for the year ended 31 May 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

20242023
Average number of employees during the year00
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 June 2385,949
Additions14,141
At 31 May 24100,090
Depreciation and impairment
Charge for year18,336
At 31 May 2418,336
Net book value
At 31 May 2481,754
At 31 May 2385,949