Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31false2024-01-01No description of principal activity0true0falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02863045 2024-01-01 2024-12-31 02863045 2023-01-01 2023-12-31 02863045 2024-12-31 02863045 2023-12-31 02863045 c:CompanySecretary1 2024-01-01 2024-12-31 02863045 c:Director1 2024-01-01 2024-12-31 02863045 c:Director2 2024-01-01 2024-12-31 02863045 c:Director2 2024-12-31 02863045 c:RegisteredOffice 2024-01-01 2024-12-31 02863045 d:CurrentFinancialInstruments 2024-12-31 02863045 d:CurrentFinancialInstruments 2023-12-31 02863045 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 02863045 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 02863045 d:ShareCapital 2024-12-31 02863045 d:ShareCapital 2023-12-31 02863045 d:SharePremium 2024-12-31 02863045 d:SharePremium 2023-12-31 02863045 d:RetainedEarningsAccumulatedLosses 2024-12-31 02863045 d:RetainedEarningsAccumulatedLosses 2023-12-31 02863045 c:FRS102 2024-01-01 2024-12-31 02863045 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 02863045 c:FullAccounts 2024-01-01 2024-12-31 02863045 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Company registration number: 02863045







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2024


SUNLEY PROJECT SOLUTIONS LIMITED






































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SUNLEY PROJECT SOLUTIONS LIMITED
 


 
COMPANY INFORMATION


Directors
James B Sunley 
Robert E Taylor (appointed 24 October 2024)




Company secretary
Sunley Securities Limited



Registered number
02863045



Registered office
1 Town Mill
Bagshot Road

Chobham

Woking

GU24 8BZ




Accountants
Menzies LLP
Chartered Accountants

95 Gresham Street

London

EC2V 7AB





 


SUNLEY PROJECT SOLUTIONS LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 5


 


SUNLEY PROJECT SOLUTIONS LIMITED
REGISTERED NUMBER:02863045



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
1,127,796
1,128,687

Cash at bank and in hand
  
72,718
-

  
1,200,514
1,128,687

Creditors: amounts falling due within one year
  
(13,972)
-

Net current assets
  
 
 
1,186,542
 
 
1,128,687

Total assets less current liabilities
  
1,186,542
1,128,687

  

Net assets
  
1,186,542
1,128,687

Page 1

 


SUNLEY PROJECT SOLUTIONS LIMITED
REGISTERED NUMBER:02863045


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Capital and reserves
  

Called up share capital 
  
500,052
500,052

Share premium account
  
188,460
188,460

Profit and loss account
  
498,030
440,175

  
1,186,542
1,128,687


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




James B Sunley
Director

Date: 29 August 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


SUNLEY PROJECT SOLUTIONS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Sunley Project Solutions Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is disclosed on the company information page.
During the year the company changed its name from Sunley Group Limited to Sunley Project Solutions Limited.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.6

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.
Page 3

 


SUNLEY PROJECT SOLUTIONS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)


2.6
Financial instruments (continued)


Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).

Page 4

 


SUNLEY PROJECT SOLUTIONS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Debtors

2024
2023
£
£


Trade debtors
45,120
-

Amounts owed by group undertakings
1,082,676
1,128,687

1,127,796
1,128,687



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
11,971
-

Accruals and deferred income
2,001
-

13,972
-



6.


Controlling party

The immediate parent company is Sunley Holdings Limited and the ultimate parent company is Sunley Family Holding Limited, both companies are registered in England and Wales.
The company is exempt from preparing consolidated accounts on the grounds that it is part of a small group. 
The director does not consider there to be an ultimate controlling party.

Page 5