Acorah Software Products - Accounts Production 16.5.460 false true true 31 March 2024 1 April 2023 false 30 September 2025 1 April 2024 31 March 2025 31 March 2025 09002764 Mr W G Smith Mr T D Wilmot G Howe true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09002764 2024-03-31 09002764 2025-03-31 09002764 2024-04-01 2025-03-31 09002764 frs-core:CurrentFinancialInstruments 2025-03-31 09002764 frs-core:FurnitureFittings 2025-03-31 09002764 frs-core:FurnitureFittings 2024-04-01 2025-03-31 09002764 frs-core:FurnitureFittings 2024-03-31 09002764 frs-core:ShareCapital 2025-03-31 09002764 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 09002764 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09002764 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 09002764 frs-bus:SmallEntities 2024-04-01 2025-03-31 09002764 frs-bus:Audited 2024-04-01 2025-03-31 09002764 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09002764 1 2024-04-01 2025-03-31 09002764 frs-bus:Director1 2024-04-01 2025-03-31 09002764 frs-bus:Director2 2024-04-01 2025-03-31 09002764 frs-bus:Director3 2024-04-01 2025-03-31 09002764 frs-countries:EnglandWales 2024-04-01 2025-03-31 09002764 2023-03-31 09002764 2024-03-31 09002764 2023-04-01 2024-03-31 09002764 frs-core:CurrentFinancialInstruments 2024-03-31 09002764 frs-core:ShareCapital 2024-03-31 09002764 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 09002764
SP UK Sunshine Limited
Financial Statements
For The Year Ended 31 March 2025
SFB Group Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 09002764
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 5 1,405,000 1,555,000
1,405,000 1,555,000
CURRENT ASSETS
Debtors 6 2,192 2,072
Cash at bank and in hand 185,637 330,106
187,829 332,178
Creditors: Amounts Falling Due Within One Year 7 (1,839,447 ) (1,983,794 )
NET CURRENT ASSETS (LIABILITIES) (1,651,618 ) (1,651,616 )
TOTAL ASSETS LESS CURRENT LIABILITIES (246,618 ) (96,616 )
NET LIABILITIES (246,618 ) (96,616 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (246,718 ) (96,716 )
SHAREHOLDERS' FUNDS (246,618) (96,616)
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
G Howe
Director
30 September 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
SP UK Sunshine Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09002764 . The registered office is Ironstone House High Street, Scaldwell, Northampton, NN6 9JS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "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 as modified by the revaluation of certain
assets.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The company is reliant on the support of the parent company, who have
indicated their willingness to support the company for the foreseeable future.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable for the letting of residential property.
2.4. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. 
Fixtures & Fittings Straight line over 4 years
2.5. Investment Properties
Investment property is shown at most recent valuation.  Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. 
2.6. 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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
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Page 3
4. Tangible Assets
Fixtures & Fittings
£
Cost or Valuation
As at 1 April 2024 14,280
As at 31 March 2025 14,280
Depreciation
As at 1 April 2024 14,280
As at 31 March 2025 14,280
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
5. Investment Property
2025
£
Fair Value
As at 1 April 2024 1,555,000
Revaluations (150,000)
As at 31 March 2025 1,405,000
The investment property is subject to a charge in favour of HSBC Bank plc and it is the opinion of the directors that the investment
property is stated at its fair value.
2025 2024
£ £
Cost 1,784,980 1,784,980
If investment property had not been revalued it would have been included at the following historical cost £1,379,980 (2023 £1,379,980). The directors have assessed the fair value to be £1,000,000 at 31st March 2025. Consequently, a revaluation loss of £150,000 has been recognised in the profit and loss account.
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 2,192 407
Prepayments and accrued income - 1,665
2,192 2,072
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 37,682 18,647
Amounts owed to group undertakings 1,801,765 1,965,147
1,839,447 1,983,794
Page 3
Page 4
8. Secured Creditors
The company has provided a joint guarantee to secure loan facilities to group undertakings, which creates a fixed and floating charge over the assets of the company. The amounts outstanding under these facilities as at 31 March 2025 were £392,378 (2024: £407,819).
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Related Party Transactions
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.
11. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
12. Ultimate Controlling Party
The immediate parent company is Stabilised Pavements UK Limited, a company registered in England and Wales. Its parent company is Stabilisation Services Pty Limited, a company registered in Australia.
The address from which group accounts can be obtained is: Byrons, 62 Burwood Road, Burwood, NSW 2134, Australia.
The directors believe the controlling parties are Wilstar Pty Limited, Edinburgh Securities Pty Limited, companies registered in Australia and G. Howe, director, acting in concert.
13. Audit Information
The auditor's report on the accounts of SP UK Sunshine Limited for the year ended 31 March 2025 was unqualified.
The auditor's report was signed by Paul Carvell BFP FCA (Senior Statutory Auditor) for and on behalf of SFB Group Limited , Statutory Auditor.
SFB Group Limited
Manor Court Chambers
Townsend Drive
Nuneaton
Warwickshire
CV11 6RU
Page 4