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Company Registration No. 09554608 (England and Wales)
Sunshine Corner Limited Unaudited accounts for the year ended 31 March 2025
Sunshine Corner Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
5
65,739
78,174
Current assets
Debtors
16,964
15,399
Cash at bank and in hand
138,601
113,756
155,565
129,155
Creditors: amounts falling due within one year
(35,967)
(24,675)
Net current assets
119,598
104,480
Total assets less current liabilities
185,337
182,654
Creditors: amounts falling due after more than one year
-
(174)
Provisions for liabilities
Deferred tax
(10,019)
(15,905)
Other provisions
(36,473)
(24,323)
(46,492)
(40,228)
Net assets
138,845
142,252
Capital and reserves
Called up share capital
6
4,670
4,670
Share premium
934
934
Profit and loss account
133,241
136,648
Shareholders' funds
138,845
142,252
For the year ending 31 March 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 3 October 2025 and were signed on its behalf by
Ms R K Mankoo Director Company Registration No. 09554608
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Sunshine Corner Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Sunshine Corner Limited is a private company, limited by shares, registered in England and Wales, registration number 09554608. The registered office is Sycamore House, 58 Crawshay Drive, Reading, RG4 8SY, 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:
Land & buildings
Over the life of the lease
Motor vehicles
20% on cost
Fixtures & fittings
25% on cost
Computer equipment
25% on cost
Intangible fixed assets
Intangible fixed assets represent the terrority cost paid to Banana Moon Franchise. These were purchased in March 2016 and are being amortised over 5 years up to the renewal period. Intangible fixed are included at cost less accumulated amortisation.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Sunshine Corner Limited Notes to the Accounts for the year ended 31 March 2025
4
Intangible fixed assets
Total
£
Cost
At 1 April 2024
3,883
At 31 March 2025
3,883
Amortisation
At 1 April 2024
3,883
At 31 March 2025
3,883
Net book value
At 31 March 2025
-
5
Tangible fixed assets
Total
£
Cost or valuation
At 1 April 2024
194,460
Additions
9,311
At 31 March 2025
203,771
Depreciation
At 1 April 2024
116,286
Charge for the year
21,746
At 31 March 2025
138,032
Net book value
At 31 March 2025
65,739
At 31 March 2024
78,174
6
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
4,670 Ordinary shares of £1 each
4,670
4,670
7
Average number of employees
During the year the average number of employees was 25 (2024: 23).
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