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REGISTERED NUMBER: 08230918 (England and Wales)















Financial Statements for the Year Ended 31 December 2024

for

Sun Textile UK Limited

Sun Textile UK Limited (Registered number: 08230918)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Sun Textile UK Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: E Unluturk





REGISTERED OFFICE: 2 Riverside Court
Station Road
Croft
Leicester
Leicestershire
LE9 3HG





REGISTERED NUMBER: 08230918 (England and Wales)





AUDITORS: Duncan & Toplis Audit Limited
Statutory Auditor
Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW

Sun Textile UK Limited (Registered number: 08230918)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,601 1,614

CURRENT ASSETS
Debtors 5 23,897 110,097
Cash at bank and in hand 30,221 8,193
54,118 118,290
CREDITORS
Amounts falling due within one year 6 (34,584 ) (22,609 )
NET CURRENT ASSETS 19,534 95,681
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,135

97,295

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 21,135 96,295
22,135 97,295

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 7 August 2025 and were signed by:





E Unluturk - Director


Sun Textile UK Limited (Registered number: 08230918)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Sun Textile 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern
The director is continually reviewing the plans and forecasts and believes that the going concern basis is appropriate. The parent company, Sun Teksil Sanayi Ve Ticaret A.S, has confirmed that they will provide finanical support as and when required to allow the Company to continue to trade. The financial support will allow the Company to satisfy all third party obligations in full when they become due.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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 future taxable profits.

Sun Textile UK Limited (Registered number: 08230918)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

Foreign currencies
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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2024 50,882 3,730 54,612
Additions - 3,515 3,515
At 31 December 2024 50,882 7,245 58,127
DEPRECIATION
At 1 January 2024 50,745 2,253 52,998
Charge for year 137 2,391 2,528
At 31 December 2024 50,882 4,644 55,526
NET BOOK VALUE
At 31 December 2024 - 2,601 2,601
At 31 December 2023 137 1,477 1,614

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Amounts owed by group undertakings - 85,000
Other debtors 23,897 25,097
23,897 110,097

Included in other debtors are prepayments and accrued income totalling £8,924 (2023: £12,757).

Sun Textile UK Limited (Registered number: 08230918)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 87 254
Trade creditors 4,200 466
Taxation and social security 22,150 15,379
Other creditors 8,147 6,510
34,584 22,609

Included in other creditors are accruals and deferred income totalling £915 (2023: £1,095).

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mark Torr (Senior Statutory Auditor)
for and on behalf of Duncan & Toplis Audit Limited

8. OTHER FINANCIAL COMMITMENTS

Other financial commitments not disclosed in the balance sheet at the year end amounted to £39,596 (2023: £33,425).

9. ULTIMATE CONTROLLING PARTY

The company is controlled by its parent company, Sun Tekstil Sanayi Ve Ticaret A.S., incorporated in Turkey.

Group accounts are available from Sun Tekstil Sanayi Ve Ticaret A.S at their address in Turkey:

Celal Umar Caddesi NJ 6/A
Torbali / Izmir-Turkiye