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REGISTERED NUMBER: 14250533 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

SUNGLEAM FARMS UK LIMITED

SUNGLEAM FARMS UK LIMITED (REGISTERED NUMBER: 14250533)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 July 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


SUNGLEAM FARMS UK LIMITED

COMPANY INFORMATION
For The Year Ended 31 July 2024







DIRECTOR: P C Roux





REGISTERED OFFICE: Heanor
The Street
Dockenfield
Farnham
GU10 4HX





REGISTERED NUMBER: 14250533 (England and Wales)

SUNGLEAM FARMS UK LIMITED (REGISTERED NUMBER: 14250533)

ABRIDGED BALANCE SHEET
31 July 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 223 293

CURRENT ASSETS
Stocks 69,709 98,602
Debtors 91,885 33,260
Cash at bank 203 2,622
161,797 134,484
CREDITORS
Amounts falling due within one year 161,501 124,343
NET CURRENT ASSETS 296 10,141
TOTAL ASSETS LESS CURRENT
LIABILITIES

519

10,434

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 419 10,334
SHAREHOLDERS' FUNDS 519 10,434

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 July 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 May 2025 and were signed by:





P C Roux - Director


SUNGLEAM FARMS UK LIMITED (REGISTERED NUMBER: 14250533)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 July 2024


1. STATUTORY INFORMATION

SunGleam Farms UK 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
The financial statements have been prepared in accordance with the provisions of Section 1A ''Smaller Entities'' 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 cost convention.

Turnover
Turnover represents net invoiced sales of organic nuts, excluding value added tax, sold during the year.

Turnover is recognised when the goods are despatched and adjustments are made for accrued and deferred income.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures & fittings-20% on cost

Stocks
Stocks are stated at the lower of cost and estimated selling price, less costs to complete and sell. Cost includes all costs of purchase, including costs to bring stock to its present location and condition. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Financial instruments
The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Consideration is given to whether deferred tax should be provided in respect of material timing differences which have not reversed at the balance sheet date. Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits

Current and deferred tax assets and liabilities are not discounted and are 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.

Management services
Included in Other income are sales of management services, excluding value added tax, performed during the year.

These management services are recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

SUNGLEAM FARMS UK LIMITED (REGISTERED NUMBER: 14250533)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 July 2024


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2023
and 31 July 2024 352
DEPRECIATION
At 1 August 2023 59
Charge for year 70
At 31 July 2024 129
NET BOOK VALUE
At 31 July 2024 223
At 31 July 2023 293

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 31 July 2024, the company had loaned the director £67,618 (2023 - £20,411). The maximum amount owed during the year was £111,976. The loan is repayable on demand and interest was charged at the rates of 2.25% during the period.

6. RELATED PARTY DISCLOSURES

During the year, the company traded at arms length with Roux Foods B.V, a related party. At the year end SunGleam Farms Ltd owed Roux Foods B.V £110,485 (2023 - £97,060).

The amounts are unsecured, interest free and repayable on demand.