| SUNDARI LIMITED | |||||||||||
| UNAUDITED FINANCIAL STATEMENTS | |||||||||||
| FOR THE YEAR ENDED | |||||||||||
| 31 DECEMBER 2023 | |||||||||||
| Company Registration Number: 05545563 | |||||||||||
| SUNDARI LIMITED | |||||||||||
| UNAUDITED FINANCIAL STATEMENTS | |||||||||||
| FOR THE YEAR ENDED 31 DECEMBER 2023 | |||||||||||
| CONTENTS | PAGES | ||||||||||
| Company information | 1 | ||||||||||
| Balance sheet | 2 to 3 | ||||||||||
| Notes to the financial statements | 4 to 7 | ||||||||||
| SUNDARI LIMITED | |||||||||||
| COMPANY INFORMATION | |||||||||||
| FOR THE YEAR ENDED 31 DECEMBER 2023 | |||||||||||
| DIRECTOR | |||||||||||
| REGISTERED OFFICE | |||||||||||
| COMPANY REGISTRATION NUMBER | |||||||||||
| 05545563 England and Wales | |||||||||||
| SUNDARI LIMITED | |||||||||||
| BALANCE SHEET | |||||||||||
| AS AT 31 DECEMBER 2023 | |||||||||||
| Notes | 2023 | 2022 | |||||||||
| £ | £ | ||||||||||
| FIXED ASSETS | |||||||||||
| Tangible assets | 5 | ||||||||||
| CURRENT ASSETS | |||||||||||
| Stock | |||||||||||
| Debtors | 6 | - | |||||||||
| Cash at bank and in hand | |||||||||||
| CREDITORS: Amounts falling due within one year | 7 | ||||||||||
| NET CURRENT (LIABILITIES) / ASSETS | ( |
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| TOTAL ASSETS LESS CURRENT LIABILITIES | |||||||||||
| CREDITORS: Amounts falling due after more than one year | 8 | ||||||||||
| Provisions for liabilities and charges | |||||||||||
| NET LIABILITIES | ( |
( |
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| CAPITAL AND RESERVES | |||||||||||
| Called up share capital | |||||||||||
| Distributable profit and loss account | ( |
( |
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| SHAREHOLDER'S DEFICIT | ( |
( |
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| SUNDARI LIMITED | |||||||||||
| BALANCE SHEET | |||||||||||
| AS AT 31 DECEMBER 2023 | |||||||||||
| As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors Report. | |||||||||||
| Signed on behalf of the board | |||||||||||
| Prasanna I Perera | |||||||||||
| Director | |||||||||||
| Date approved by the board: |
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| SUNDARI LIMITED | |||||||||||
| NOTES TO THE FINANCIAL STATEMENTS | |||||||||||
| FOR THE YEAR ENDED 31 DECEMBER 2023 | |||||||||||
| 1 | GENERAL INFORMATION | ||||||||||
| Sundari Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is: | |||||||||||
| The Garden Flat Hollybush Hill | |||||||||||
| Stoke Poges | |||||||||||
| Slough | |||||||||||
| England | |||||||||||
| SL2 4PW | |||||||||||
| 2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | ||||||||||
| Basis of preparation of financial statements | |||||||||||
| Tangible fixed assets | |||||||||||
| Fixed assets are carried at cost less accumulated depreciation and accumulated impairment losses. | |||||||||||
| Depreciation has been provided at the following rate so as to write off the cost or valuation of assets less residual value of the assets over their estimated useful lives. | |||||||||||
| Motor vehicles | |||||||||||
| On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in the profit and loss account, and included within administrative expenses. | |||||||||||
| SUNDARI LIMITED | |||||||||||
| NOTES TO THE FINANCIAL STATEMENTS | |||||||||||
| FOR THE YEAR ENDED 31 DECEMBER 2023 | |||||||||||
| 2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…) | ||||||||||
| Financial Instruments | |||||||||||
| The impairment loss for financial assets measured at cost is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date. | |||||||||||
| Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amount and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. | |||||||||||
| Impairment of non-financial assets | |||||||||||
| At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets (which is the higher of value in use and the fair value less cost to sell) is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in the profit and loss account. | |||||||||||
| If an impairment loss is subsequently reversed, the carrying amount of the asset, or group of related assets, is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset, or group of related assets, in prior periods. A reversal of an impairment loss is recognised immediately in the profit and loss account. | |||||||||||
| Debtors | |
| Short term debtors are measured at transaction price, less any impairment. | |||||||||||
| Creditors | |||||||||||
| SUNDARI LIMITED | |||||||||||
| NOTES TO THE FINANCIAL STATEMENTS | |||||||||||
| FOR THE YEAR ENDED 31 DECEMBER 2023 | |||||||||||
| 2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…) | ||||||||||
| Taxation | |||||||||||
| Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 taxable profits. | |||||||||||
| Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. | |||||||||||
| 3 | CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS | ||||||||||
| No significant accounting estimates and judgements have had to be made by the director in preparing these financial statements. | |||||||||||
| 4 | EMPLOYEES | ||||||||||
| The average number of persons employed by the company (including directors) during the year was: | |||||||||||
| 2023 | 2022 | ||||||||||
| Average number of employees | |||||||||||
| SUNDARI LIMITED | |||||||||||
| NOTES TO THE FINANCIAL STATEMENTS | |||||||||||
| FOR THE YEAR ENDED 31 DECEMBER 2023 | |||||||||||
| 5 | TANGIBLE ASSETS | ||||||||||
| Motor vehicles | |||||||||||
| £ | |||||||||||
| Cost | |||||||||||
| At 1 January 2023 | |||||||||||
| At 31 December 2023 | |||||||||||
| Accumulated depreciation | |||||||||||
| At 1 January 2023 | |||||||||||
| Charge for year | |||||||||||
| At 31 December 2023 | |||||||||||
| Net book value | |||||||||||
| At 1 January 2023 | |||||||||||
| At 31 December 2023 | |||||||||||
| 6 | DEBTORS | ||||||||||
| 2023 | 2022 | ||||||||||
| £ | £ | ||||||||||
| Prepayments and accrued income | - | ||||||||||
| 7 | CREDITORS: Amounts falling due within one year | ||||||||||
| 2023 | 2022 | ||||||||||
| £ | £ | ||||||||||
| Taxation and social security | - | ||||||||||
| Accruals and deferred income | |||||||||||
| Other creditors | |||||||||||
| 26,120 | 26,773 | ||||||||||
| 8 | CREDITORS: Amounts falling due after more than one year | ||||||||||
| 2023 | 2022 | ||||||||||
| £ | £ | ||||||||||
| Bank loans and overdrafts | - | ||||||||||
| Hire purchase contracts and finance leases | - | ||||||||||
| 7,234 | 33,506 | ||||||||||