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Registered number: 11291500
Sunday Treat Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 11291500
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 50,047 43,959
Investments 5 126,644 126,644
176,691 170,603
CURRENT ASSETS
Debtors 6 303,252 295,455
Cash at bank and in hand 657,114 84,477
960,366 379,932
Creditors: Amounts Falling Due Within One Year 7 (327,487 ) (183,531 )
NET CURRENT ASSETS (LIABILITIES) 632,879 196,401
TOTAL ASSETS LESS CURRENT LIABILITIES 809,570 367,004
PROVISIONS FOR LIABILITIES
Deferred Taxation (9,509 ) (7,387 )
NET ASSETS 800,061 359,617
CAPITAL AND RESERVES
Called up share capital 8 103 1
Fair value reserve 9 35,649 35,649
Income Statement 764,309 323,967
SHAREHOLDERS' FUNDS 800,061 359,617
Page 1
Page 2
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.
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 Income Statement.
On behalf of the board
Mr G Moore
Director
03/12/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Sunday Treat Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11291500 . The registered office is 2 Eastbourne Terrace, Paddington, London, W2 6LG.
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.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are initially recongnised at cost. After initial recognition, intangible assets are recorded at cost less accumulated amortisation and impairment losses.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 25% reducing balance
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2024: 7)
7 7
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 40,438 42,895 22,686 106,019
Additions 10,627 - 12,141 22,768
As at 31 March 2025 51,065 42,895 34,827 128,787
Depreciation
As at 1 April 2024 25,583 24,799 11,678 62,060
Provided during the period 6,369 4,524 5,787 16,680
As at 31 March 2025 31,952 29,323 17,465 78,740
Net Book Value
As at 31 March 2025 19,113 13,572 17,362 50,047
As at 1 April 2024 14,855 18,096 11,008 43,959
5. Investments
Listed
£
Cost or Valuation
As at 1 April 2024 147,450
As at 31 March 2025 147,450
Provision
As at 1 April 2024 20,806
As at 31 March 2025 20,806
Net Book Value
As at 31 March 2025 126,644
As at 1 April 2024 126,644
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 302,990 295,455
Other debtors 262 -
303,252 295,455
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 26,328 8,702
Other creditors 24,517 20,037
Taxation and social security 276,642 154,792
327,487 183,531
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 103 1
9. Reserves
Fair Value Reserve
£
As at 1 April 2024 35,649
As at 31 March 2025 35,649
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