Sunner Estates Limited - Filleted accounts

Registered number

11955430

Sunner Estates Limited

Unaudited Filleted Accounts

31 March 2025

Sunner Estates Limited
Registered number:		11955430
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		5,158,199			5,159,203
			5,158,199			5,159,203

Current assets
Debtors	4	-			2,083
Cash at bank and in hand		47,897			18,774
		47,897			20,857

Creditors: amounts falling due within one year	5	(140,456)			(209,501)

Net current liabilities			(92,559)			(188,644)

Total assets less current liabilities			5,065,640			4,970,559

Creditors: amounts falling due after more than one year	6		(1,620,592)			(1,583,278)

Provisions for liabilities			(85,437)			(85,437)

Net assets			3,359,611			3,301,844

Capital and reserves
Called up share capital			2,726,851			2,726,851
Revaluation reserve			364,230			364,230
Profit and loss account			268,530			210,763

Shareholders' funds			3,359,611			3,301,844

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr N Sunner
Director
Approved by the board on 8 July 2025

Sunner Estates Limited
Notes to the Accounts
for the year ended 31 March 2025

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable. Turnover includes revenue earned from the 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment			over 5 years

	Investment Property
	Investment property is included at fair value. Gains are recognised in the Income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					2		2

3	Tangible fixed assets
		Investment property		Plant and machinery		Total
£			£		£
	Cost or valuation
	At 1 April 2024	5,157,500		4,013		5,161,513
	Additions	-		-		-
	Surplus on revaluation	-		-		-
	Disposals	-		-		-
	At 31 March 2025	5,157,500		4,013		5,161,513

	Depreciation
	At 1 April 2024	-		2,310		2,310
	Charge for the year	-		1,004		1,004
	Surplus on revaluation	-		-		-
	On disposals	-		-		-
	At 31 March 2025	-		3,314		3,314

	Net book value
	At 31 March 2025	5,157,500		699		5,158,199
	At 31 March 2024	5,157,500		1,703		5,159,203

	Freehold land and buildings:					2025		2024
£							£
	Historical cost					4,707,833		4,707,833
						4,707,833		4,707,833
	The directors are in the opinion that there has been a movement of £NIL (2024 £Nil) in the fair value of the investment properties. This opinion was ascertained based on similar properties in the locality and reviews conducted on an open market valuation of a freehold basis.

4	Debtors					2025		2024
£							£

	Trade debtors					-		2,083
						-		2,083



5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					35,867		117,355
	Taxation and social security costs					16,087		7,761
	Other creditors					88,502		84,385
						140,456		209,501

6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					1,620,592		1,583,278
						1,620,592		1,583,278

7	Loans					2025		2024
£							£
	Creditors include:
	Instalments falling due for payment after more than five years					1,466,844		1,548,083
						1,466,844		1,548,083


	Secured bank loans					1,646,179		1,682,047

	Security is given against the freehold interest of investment properties owned by the company.

8	Other information

	Sunner Estates Limited is a private company limited by shares and incorporated in England. Its registered office is:
	11 George St West
	Luton
	Bedfrdshire
	LU1 2BJ