Company registration number 12790523 (England and Wales)
THE SUNNYWOOD PROJECT LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
PAGES FOR FILING WITH REGISTRAR
THE SUNNYWOOD PROJECT LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 6
THE SUNNYWOOD PROJECT LTD
BALANCE SHEET
AS AT 31 AUGUST 2025
31 August 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
26,237
33,177
Current assets
Debtors
4
3,193
13,367
Cash at bank and in hand
108,887
94,715
112,080
108,082
Creditors: amounts falling due within one year
5
(89,630)
(84,083)
Net current assets
22,450
23,999
Total assets less current liabilities
48,687
57,176
Provisions for liabilities
(4,857)
(437)
Net assets
43,830
56,739
Reserves
Income and expenditure account
43,830
56,739
Total members' funds
43,830
56,739

For the financial year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 Companies Act 2006 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.

The directors of the company have elected not to include a copy of the income and expenditure account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 6 January 2026 and are signed on its behalf by:
S Deas
Director
Company registration number 12790523 (England and Wales)
THE SUNNYWOOD PROJECT LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
- 2 -
1
Accounting policies
Company information

The Sunnywood Project Ltd is a private company limited by guarantee incorporated in England and Wales. The registered office is 15 Stock Street, Burrs Country Park, Bury, Lancs, BL8 1BU.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Income and expenditure

Income and expenses are included in the financial statements as they become receivable or due.

Expenses include VAT where applicable as the company cannot reclaim it.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
20% Reducing Balance
Fixtures and fittings
20% Reducing Balance
Computers
33.3% Reducing Balance
Motor vehicles
25% Reducing Balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to surplus or deficit.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

THE SUNNYWOOD PROJECT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 3 -

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in surplus or deficit, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in surplus or deficit, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

THE SUNNYWOOD PROJECT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 4 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Taxation

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

1.8
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.9
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.10
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

1.11
Government grants

Government grants are recognised at the fair value of the asset receive d or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

THE SUNNYWOOD PROJECT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 5 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
5
4
3
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 September 2024
13,660
2,485
8,736
21,162
46,043
Additions
-
0
340
1,458
-
0
1,798
At 31 August 2025
13,660
2,825
10,194
21,162
47,841
Depreciation and impairment
At 1 September 2024
6,780
994
1,565
3,527
12,866
Depreciation charged in the year
1,376
355
2,598
4,409
8,738
At 31 August 2025
8,156
1,349
4,163
7,936
21,604
Carrying amount
At 31 August 2025
5,504
1,476
6,031
13,226
26,237
At 31 August 2024
6,880
1,491
7,171
17,635
33,177
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
3,180
3,175
Corporation tax recoverable
13
10,192
3,193
13,367
THE SUNNYWOOD PROJECT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 6 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
19
10,440
Taxation and social security
1,642
2,763
Other creditors
87,969
70,880
89,630
84,083
6
Members' liability

The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1.

2025-08-31 2024-09-01 false false false 06 January 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity S Deas J Wardell M Young L Shield J Wardell 12790523 2024-09-01 2025-08-31 12790523 2025-08-31 12790523 2024-08-31 12790523 core:PlantMachinery 2025-08-31 12790523 core:FurnitureFittings 2025-08-31 12790523 core:ComputerEquipment 2025-08-31 12790523 core:MotorVehicles 2025-08-31 12790523 core:PlantMachinery 2024-08-31 12790523 core:FurnitureFittings 2024-08-31 12790523 core:ComputerEquipment 2024-08-31 12790523 core:MotorVehicles 2024-08-31 12790523 core:CurrentFinancialInstruments core:WithinOneYear 2025-08-31 12790523 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 12790523 core:WithinOneYear 2025-08-31 12790523 core:WithinOneYear 2024-08-31 12790523 core:CurrentFinancialInstruments 2025-08-31 12790523 core:CurrentFinancialInstruments 2024-08-31 12790523 core:RetainedEarningsAccumulatedLosses 2025-08-31 12790523 core:RetainedEarningsAccumulatedLosses 2024-08-31 12790523 bus:Director1 2024-09-01 2025-08-31 12790523 core:PlantMachinery 2024-09-01 2025-08-31 12790523 core:FurnitureFittings 2024-09-01 2025-08-31 12790523 core:ComputerEquipment 2024-09-01 2025-08-31 12790523 core:MotorVehicles 2024-09-01 2025-08-31 12790523 2023-09-01 2024-08-31 12790523 core:PlantMachinery 2024-08-31 12790523 core:FurnitureFittings 2024-08-31 12790523 core:ComputerEquipment 2024-08-31 12790523 core:MotorVehicles 2024-08-31 12790523 2024-08-31 12790523 bus:CompanyLimitedByGuarantee 2024-09-01 2025-08-31 12790523 bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 12790523 bus:FRS102 2024-09-01 2025-08-31 12790523 bus:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 12790523 bus:Director2 2024-09-01 2025-08-31 12790523 bus:Director3 2024-09-01 2025-08-31 12790523 bus:Director4 2024-09-01 2025-08-31 12790523 bus:CompanySecretary1 2024-09-01 2025-08-31 12790523 bus:FullAccounts 2024-09-01 2025-08-31 xbrli:pure xbrli:shares iso4217:GBP