BrightAccountsProduction v1.0.0 v1.0.0 2024-04-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is the manufacture, wholesale and retail of bread and pastries. 26 August 2025 28 29 NI007456 2025-03-31 NI007456 2024-03-31 NI007456 2023-03-31 NI007456 2024-04-01 2025-03-31 NI007456 2023-04-01 2024-03-31 NI007456 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 NI007456 uk-curr:PoundSterling 2024-04-01 2025-03-31 NI007456 uk-bus:AbridgedAccounts 2024-04-01 2025-03-31 NI007456 uk-core:ShareCapital 2025-03-31 NI007456 uk-core:ShareCapital 2024-03-31 NI007456 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 NI007456 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 NI007456 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-03-31 NI007456 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-03-31 NI007456 uk-bus:FRS102 2024-04-01 2025-03-31 NI007456 uk-core:PlantMachinery 2024-04-01 2025-03-31 NI007456 uk-core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 NI007456 uk-core:MotorVehicles 2024-04-01 2025-03-31 NI007456 2024-04-01 2025-03-31 NI007456 uk-bus:Director1 2024-04-01 2025-03-31 NI007456 uk-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
 
 
 
Sunray (Home Bakeries) Limited
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 March 2025



Sunray (Home Bakeries) Limited
Company Registration Number: NI007456
ABRIDGED BALANCE SHEET
as at 31 March 2025

2025 2024
Notes £ £
 
Fixed Assets
Tangible assets 4 268,974 286,959
───────── ─────────
 
Current Assets
Stocks 35,461 36,105
Debtors 120,155 155,997
Cash at bank and in hand 78,356 56,373
───────── ─────────
233,972 248,475
───────── ─────────
Creditors: amounts falling due within one year (186,380) (224,445)
───────── ─────────
Net Current Assets 47,592 24,030
───────── ─────────
Total Assets less Current Liabilities 316,566 310,989
 
Creditors:
amounts falling due after more than one year (5,623) (15,467)
 
Provisions for liabilities (51,105) (54,064)
───────── ─────────
Net Assets 259,838 241,458
═════════ ═════════
 
Capital and Reserves
Called up share capital 10,000 10,000
Retained earnings 249,838 231,458
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Shareholders' Funds 259,838 241,458
═════════ ═════════
 
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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Director's Report.
For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
           
Approved by the Director and authorised for issue on 26 August 2025
           
           
________________________________          
Mr. Aiden Rice          
Director          
           



Sunray (Home Bakeries) Limited
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 March 2025

   
1. General Information
 

Sunray (Home Bakeries) Limited is a private company limited by shares incorporated in Northern Ireland. 7F Springhill Road, Carnbane Industrial Estate, Newry, Co. Down, BT35 6EF, Northern Ireland is the registered office address which is also the principal place of business of the company. The company registration number is NI007456.

These financial statements cover the individual entity, Sunray (Home Bakeries) Limited for the financial year ended 31 March 2025.

The financial statements have been presented in Pound Sterling (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 31 March 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax. Turnover from the provision of goods is recognised when the risks & rewards of ownership have been transferred to the customer.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Plant and machinery - 5% Straight Line
  Fixtures, fittings and equipment - 7.5% Reducing Balance
  Motor vehicles - 15% Reducing Balance
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Stocks
Stocks are valued at the lower of cost and net realisable value on a first in first out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition.  Full provision is made for obsolete and slow moving items.  Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Cash at bank and in hand
Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the Abridged Balance Sheet bank overdrafts are shown within Creditors.
 
Provisions
Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. Annual contributions payable to the company's pension scheme are charged to the Profit & Loss account in the period to which they relate.
 
Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was:
 
  2025 2024
  Number Number
 
Employees 28 29
  ═════════ ═════════
           
4. Tangible assets
  Plant and Fixtures, Motor Total
  machinery fittings and vehicles  
    equipment    
  £ £ £ £
Cost
At 1 April 2024 420,670 164,238 110,928 695,836
Additions 7,706 - - 7,706
  ───────── ───────── ───────── ─────────
At 31 March 2025 428,376 164,238 110,928 703,542
  ───────── ───────── ───────── ─────────
Depreciation
At 1 April 2024 246,924 113,221 48,732 408,877
Charge for the financial year 12,536 3,826 9,329 25,691
  ───────── ───────── ───────── ─────────
At 31 March 2025 259,460 117,047 58,061 434,568
  ───────── ───────── ───────── ─────────
Net book value
At 31 March 2025 168,916 47,191 52,867 268,974
  ═════════ ═════════ ═════════ ═════════
At 31 March 2024 173,746 51,017 62,196 286,959
  ═════════ ═════════ ═════════ ═════════
       
5. Pension Commitments
 
The company operates a defined contribution pension scheme for its employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date, there was an outstanding liability of £1,742 (2024: £1,166) in contributions due to the fund. This amount is included in creditors amounts falling due within one year.