SUNBEAM MANAGEMENT SERVICES LIMITED 31/03/2025 iXBRL

Company registration number: 07561658

SUNBEAM MANAGEMENT SERVICES LIMITED

Unaudited filleted financial statements

31 March 2025

SUNBEAM MANAGEMENT SERVICES LIMITED

Contents

Directors and other information

Accountant's report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

SUNBEAM MANAGEMENT SERVICES LIMITED

Directors and other information


	Directors	N Naseem
		M Haneef
		K Dhull


	Company number	07561658


	Registered office	Sunbeam House
		12 Waterside drive
		Langley
		Slough
		SL3 6EZ


	Accountant	Mrs K Dhull FCA FCCA
		Iver accountancy Ltd
		Homefield , Wood Lane
		Iver
		Bucks
		SL0 0LD

SUNBEAM MANAGEMENT SERVICES LIMITED

Chartered accountant's report to the board of directors on the preparation of the

unaudited statutory financial statements of SUNBEAM MANAGEMENT SERVICES LIMITED

Year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of SUNBEAM MANAGEMENT SERVICES LIMITED for the year ended 31 March 2025 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given me.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of SUNBEAM MANAGEMENT SERVICES LIMITED, as a body, in accordance with the terms of my engagement letter dated 5 January 2025. My work has been undertaken solely to prepare for your approval the financial statements of SUNBEAM MANAGEMENT SERVICES LIMITED and state those matters that we have agreed to state to the board of directors of SUNBEAM MANAGEMENT SERVICES LIMITED as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than SUNBEAM MANAGEMENT SERVICES LIMITED and its board of directors as a body for my work or for this report.

It is your duty to ensure that SUNBEAM MANAGEMENT SERVICES LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of SUNBEAM MANAGEMENT SERVICES LIMITED. You consider that SUNBEAM MANAGEMENT SERVICES LIMITED is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or a review of the financial statements of SUNBEAM MANAGEMENT SERVICES LIMITED. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.

Mrs K Dhull FCA FCCA

Chartered accountant

Iver accountancy Ltd

Homefield , Wood Lane

Iver

Bucks

SL0 0LD

9 September 2025

SUNBEAM MANAGEMENT SERVICES LIMITED

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	8,493,555		8,470,237
		_______		_______
			8,493,555		8,470,237

Current assets
Debtors	6	1,830,260		1,812,296
Cash at bank and in hand		239,802		5,733
		_______		_______
		2,070,062		1,818,029
Creditors: amounts falling due
within one year	7	( 3,354,839)		( 3,457,827)
		_______		_______
Net current liabilities			( 1,284,777)		( 1,639,798)
			_______		_______
Total assets less current liabilities			7,208,778		6,830,439

Creditors: amounts falling due
after more than one year	8		( 3,258,800)		( 2,997,424)

Provisions for liabilities			( 622,917)		( 622,917)

			_______		_______
Net assets			3,327,061		3,210,098
			_______		_______

Capital and reserves
Called up share capital			3		3
Revaluation reserve			3,278,515		3,278,515
Other reserves			( 4,698)		( 4,698)
Profit and loss account			53,241		( 63,722)
			_______		_______
Shareholders funds			3,327,061		3,210,098
			_______		_______

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.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

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

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 09 September 2025 , and are signed on behalf of the board by:

K Dhull

Director

Company registration number: 07561658

SUNBEAM MANAGEMENT SERVICES LIMITED

Statement of changes in equity

Year ended 31 March 2025

	Called up share capital	Revaluation reserve	Other reserves	Profit and loss account	Total
	£	£	£	£	£


At 1 April 2023	3	3,278,515	( 4,698)	( 198,061)	3,075,759

Profit for the year				134,339	134,339
	_______	_______	_______	_______	_______
Total comprehensive income for the year	-	-	-	134,339	134,339

	_______	_______	_______	_______	_______
At 31 March 2024 and 1 April 2024	3	3,278,515	( 4,698)	( 63,722)	3,210,098

Profit for the year				116,963	116,963
	_______	_______	_______	_______	_______
Total comprehensive income for the year	-	-	-	116,963	116,963

	_______	_______	_______	_______	_______
At 31 March 2025	3	3,278,515	( 4,698)	53,241	3,327,061
	_______	_______	_______	_______	_______

SUNBEAM MANAGEMENT SERVICES LIMITED

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Sunbeam House, 12 Waterside drive, Langley, Slough, SL3 6EZ.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover represents rent received , loan interest received and fee income received .

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Investment property

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

A Financial asset or fiancial liability is recognised only when the company becomes party to contactual provisions of the instrument.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Freehold property	Fixtures, fittings and equipment	Total
	£	£	£
Cost
At 1 April 2024	8,462,924	37,999	8,500,923
Additions	25,146	-	25,146
	_______	_______	_______
At 31 March 2025	8,488,070	37,999	8,526,069
	_______	_______	_______
Depreciation
At 1 April 2024	-	30,686	30,686
Charge for the year	-	1,828	1,828
	_______	_______	_______
At 31 March 2025	-	32,514	32,514
	_______	_______	_______
Carrying amount
At 31 March 2025	8,488,070	5,485	8,493,555
	_______	_______	_______
At 31 March 2024	8,462,924	7,313	8,470,237
	_______	_______	_______

Investment property

Revaluation is based on directors valuations of the properties.

6. Debtors

	2025	2024
	£	£
Trade debtors	50,007	94,130
Amounts owed by group undertakings and undertakings in which the company has a participating interest	1,713,483	1,663,576
Other debtors	66,770	54,590
	_______	_______
	1,830,260	1,812,296
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	241,200	332,136
Trade creditors	11,005	96,909
Amounts owed to group undertakings and undertakings in which the company has a participating interest	2,953,073	1,816,889
Corporation tax	39,999	46,521
Other creditors	109,562	1,165,372
	_______	_______
	3,354,839	3,457,827
	_______	_______

Other creditor is the mortgage secured by the bank on debenture charged dated 4/03/2016 and 09/12/2022 with group companies.

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	3,258,800	2,997,424
	_______	_______

9. Directors advances, credits and guarantees

	Balance brought forward and o/standing	Balance brought forward and o/standing
	2025	2024
	£	£
N Naseem	-	356,327
M Haneef	-	356,327
K Dhull	-	356,327
	_______	_______
	-	1,068,981
	_______	_______

10. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2025	2024	2025	2024
	£	£	£	£
MNK Estates (UK ) Ltd	49,907	48,454	1,713,483	1,663,576
Sunbeam Fostering Group Ltd	86,012	52,919	2,593,073	( 1,816,889)
	_______	_______	_______	_______

The company rent property to Sunbeam Fostering group ltd , a company owned by the Directors K Dhull & M Haneef and N Ahmed .The annual rent for Melrose House is £84,000 (2024 £84,000) The annual rent for 383 Broad Lane is £72,000 (2024 £72,000) .The annual rent for 14 Prospect Hill is £101,400 (2024 £79,200) .The annual rent for 113 New Bedford is £80,000 (2024 £80,000 ). MNK Estate (UK) Limited a company owned by directors, K Dhull , M haneef, & N Ahmed. MNK Estate (UK) Limited loan interest charged £49,907 and during the year loan paid to MNK Estate (UK ) Limited amounting to £86,012. At the end of the year balance owed by MNK estate (UK) Limited is £1,713,483 (2024 £1,663,576). Sunbeam Fostering Group Limited provided loan £1,065,172 (2024 £21,718 ) and received £15,000 (2024 £229,950) owned by the directors of the company.Interest paid on this loan amounted £86,012 (2024 £ 52,919) At the Year end the balanced owed is £2,953,073 (2024 £1,816,889).