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Company Registration No. 08544881 (England and Wales)
Sun Exim Ltd Unaudited accounts for the year ended 30 June 2025
Sun Exim Ltd Unaudited accounts Contents
Page
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Sun Exim Ltd Company Information for the year ended 30 June 2025
Directors
JYANI, Prakash Shantilal SHAH, Kanan Rashmikant
Company Number
08544881 (England and Wales)
Registered Office
55 PEEL ROAD UNIT A-4 LIVINGSTONE COURT HARROW MIDDLESEX HA3 7QT UNITED KINGDOM
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Sun Exim Ltd Statement of financial position as at 30 June 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,160 
4,160 
Current assets
Inventories
5,675 
7,660 
Debtors
1,347,383 
547,942 
Cash at bank and in hand
119,344 
99,410 
1,472,402 
655,012 
Creditors: amounts falling due within one year
(633,241)
(249,278)
Net current assets
839,161 
405,734 
Total assets less current liabilities
843,321 
409,894 
Creditors: amounts falling due after more than one year
(496,396)
(91,096)
Net assets
346,925 
318,798 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
346,923 
318,796 
Shareholders' funds
346,925 
318,798 
For the year ending 30 June 2025 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 July 2025 and were signed on its behalf by
JYANI, Prakash Shantilal Director Company Registration No. 08544881
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Sun Exim Ltd Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Sun Exim Ltd is a private company, limited by shares, registered in England and Wales, registration number 08544881. The registered office is 55 PEEL ROAD UNIT A-4 LIVINGSTONE COURT, HARROW, MIDDLESEX, HA3 7QT, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Sun Exim Ltd Notes to the Accounts for the year ended 30 June 2025
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 July 2024
4,649 
At 30 June 2025
4,649 
Depreciation
At 1 July 2024
489 
At 30 June 2025
489 
Net book value
At 30 June 2025
4,160 
At 30 June 2024
4,160 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
3,025 
2,395 
Trade debtors
924,244 
415,133 
Amounts due from group undertakings etc.
106,000 
106,000 
Accrued income and prepayments
- 
8,414 
Other debtors
16,000 
16,000 
1,049,269 
547,942 
Amounts falling due after more than one year
Other debtors
298,114 
- 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
514,375 
163,969 
Taxes and social security
23,066 
37,009 
Proposed dividends
50,000 
2,000 
Accruals
45,800 
46,300 
633,241 
249,278 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
26,077 
32,391 
Trade creditors
39,740 
- 
Other creditors
400,000 
31,426 
Loans from directors
30,579 
27,279 
496,396 
91,096 
Bank loan includes bounce back loan payable in 7 years with interest @2.5% p.a. Bounce back loan is unsecured loan from Lloyds Bank.
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Sun Exim Ltd Notes to the Accounts for the year ended 30 June 2025
8
Transactions with related parties
During the year other direct cost includes £72,000 paid to AGS Accountancy Ltd and NMSP Ltd which are owned by the both director's wife.
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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