SUMACH UK LIMITED

Company Registration Number:
06156102 (England and Wales)

Unaudited abridged accounts for the year ended 30 March 2024

Period of accounts

Start date: 31 March 2023

End date: 30 March 2024

SUMACH UK LIMITED

Contents of the Financial Statements

for the Period Ended 30 March 2024

Balance sheet
Notes

SUMACH UK LIMITED

Balance sheet

As at 30 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 893,885 965,301
Total fixed assets: 893,885 965,301
Current assets
Debtors:   337,176 187,126
Cash at bank and in hand:   24,630
Total current assets: 337,176 211,756
Creditors: amounts falling due within one year:   (208,578) (193,802)
Net current assets (liabilities): 128,598 17,954
Total assets less current liabilities: 1,022,483 983,255
Creditors: amounts falling due after more than one year:   (910,151) (973,076)
Total net assets (liabilities): 112,332 10,179
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 112,331 10,178
Shareholders funds: 112,332 10,179

The notes form part of these financial statements

SUMACH UK LIMITED

Balance sheet statements

For the year ending 30 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 March 2025
and signed on behalf of the board by:

Name: Dr C E Dunnett
Status: Director

The notes form part of these financial statements

SUMACH UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery etc - 25% on reducing balance

Other accounting policies

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. 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. Going concern The director has considered the financial position of the company and believes it is well placed to manage its business risks successfully. The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, thus continues to adopt the going concern basis of preparation in preparing the financial statements.

SUMACH UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2024

2. Employees

2024 2023
Average number of employees during the period 2 1

SUMACH UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2024

3. Tangible Assets

Total
Cost £
At 31 March 2023 1,642,420
Additions 8,250
At 30 March 2024 1,650,670
Depreciation
At 31 March 2023 677,119
Charge for year 79,666
At 30 March 2024 756,785
Net book value
At 30 March 2024 893,885
At 30 March 2023 965,301

SUMACH UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2024

4. Related party transactions

During the year the company was controlled by Dr C E Dunnett.