ACCOUNTT - Pages for Filing

Registered number: 14960729 (England & Wales)

	SUNBIRD HOLDINGS LIMITED
	DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 DECEMBER 2024
	Pages for Filing with Registrar


SUNBIRD HOLDINGS LIMITED

CONTENTS

	Page
Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 - 5


SUNBIRD HOLDINGS LIMITED

COMPANY INFORMATION

Directors	Andrew Bennett
	Adam Wood
	Lynton Hoch


Registered number	14960729


Registered office	2nd Floor Offices
	2 Lyttelton Road
	London
	N2 0EF


Accountants	Lewis Golden LLP
	40 Queen Anne Street
	London
	W1G 9EL

- 1 -


Registered number: 14960729 (England & Wales) SUNBIRD HOLDINGS LIMITED

BALANCE SHEET

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£

Fixed assets
Investments	5		11,877		11,877
Current assets
Cash at bank and in hand		14,745		9,126
Creditors: amounts falling due within one year	6	(63,547)		(15,870)
Net current liabilities			(48,802)		(6,744)

Net (liabilities)/assets			(36,925)		5,133

Capital and reserves
Called up share capital	301	301
Share premium account	29,700	29,700
Profit and loss account	(66,926)	(24,868)
	(36,925)	5,133

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and the 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 prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the Directors' Report and Profit and Loss Account 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:

Andrew Bennett

Director

Date: 29 September 2025

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

- 2 -


SUNBIRD HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Sunbird Holdings Limited is a private company limited by share capital, incorporated in England and Wales, registered number 14960729. The address of the registered office is 2nd Floor Offices, 2 Lyttelton Road, London, N2 0EF.

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 Section 1A - Small Entities of Financial Reporting Standard 102, the 'Financial Reporting Standard applicable in the UK and the Republic of Ireland' ('FRS 102') and the Companies Act 2006.
The following principal accounting policies have been applied:

The following principal accounting policies have been applied:

2.2

Exemption from preparing consolidated financial statements

The company, and the Group headed by it, qualify as small as set out in Section 383 of the Companies Act 2006 and therefore are exempt from the requirements to prepare consolidated financial statements. These financial statements present the information for the parent on a stand alone basis.

2.3

Going concern

The financial statements have been prepared on a going concern basis. The immediate parent company has confirmed that it will not demand repayment of the amount due to it until such time as the company is in a position to do so without jeopardising the continued operational existence of the company. Also, the ultimate parent undertaking has confirmed that it will provide sufficient funds to enable the company to meet its liabilities as they fall due for a period of at least twelve months from the date of approval of the financial statements. Accordingly, the directors believe that the financial statements should be prepared on a going concern basis.

2.4

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Profit and Loss Account.

- 3 -


SUNBIRD HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.5

Taxation

Tax is recognised in the Profit and Loss Account except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.7

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.

2.8

Creditors

Short-term creditors are measured at the transaction price.

2.9

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Employees

The company has no employees apart from the directors in either period.-

Taxation

The company has trading losses amounting to approximately £65,000 (2023 - £23,000) available to carry forward against future trading profits. The deferred tax asset has been calculated at the rates of 25% (2023 - 25%). At 31 December 2024, the deferred tax asset amounted to approximately £16,250 (2023 - £5,750). The deferred tax asset has not been recognised due to uncertainty over the timing of recoverability of the asset.

- 4 -


SUNBIRD HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

5.	Fixed asset investments

		Investments in subsidiaries
		£
	Cost
	At 1 January 2024	11,877
	At 31 December 2024	11,877

6.	Creditors: amounts falling due within one year
		2024	2023
		£	£

Amounts owed to group undertakings	37,500	-
Other taxation and social security	2,400	-
Accruals and deferred income	23,647	15,870
	63,547	15,870

7.	Related party transactions
	During the year a total of £37,500 (2023 - £2,585) was advanced to the company from the immediate parent entity. At 31 December 2024, the balance due to the immediate parent entity amounted to £37,500 (2023 - £nil).

- 5 -