| Sunnyfields Holdings Limited |
| Registered number: |
00606825 |
| Balance Sheet |
| as at 31 March 2026 |
|
| Notes |
|
|
2026 |
|
|
2025 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
718,000 |
|
|
810,000 |
|
| Current assets |
| Debtors |
4 |
|
11,236 |
|
|
8,929 |
| Cash at bank and in hand |
|
|
170,968 |
|
|
183,277 |
|
|
|
182,204 |
|
|
192,206 |
|
| Creditors: amounts falling due within one year |
5 |
|
(13,075) |
|
|
(14,131) |
|
| Net current assets |
|
|
|
169,129 |
|
|
178,075 |
|
| Total assets less current liabilities |
|
|
|
887,129 |
|
|
988,075 |
|
|
| Provisions for liabilities |
|
|
|
(3,820) |
|
|
(12,783) |
|
|
| Net assets |
|
|
|
883,309 |
|
|
975,292 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
10 |
|
|
10 |
| Revaluation reserve |
6 |
|
|
157,583 |
|
|
253,567 |
| Profit and loss account |
|
|
|
725,716 |
|
|
721,715 |
|
| Shareholders' funds |
|
|
|
883,309 |
|
|
975,292 |
|
|
|
|
|
|
|
|
| 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. |
|
|
|
|
| J H Godfrey |
| Director |
| Approved by the board on 22 May 2026 |
|
| Sunnyfields Holdings Limited |
| Notes to the Accounts |
| for the year ended 31 March 2026 |
|
|
| 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 for rents. |
|
|
Tangible fixed assets |
|
Investment properties have been revalued regularly by the directors at their open market value and any change in value is shown in the profit and loss account and then reflected by a transfer to or from a revaluation reserve. Buildings are not depreciated. |
|
|
Freehold buildings |
not depreciated |
|
|
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. |
|
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
3 |
|
3 |
|
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets Investment properties |
|
|
|
|
|
|
|
|
Land and buildings |
|
Cost/Valuation |
£ |
|
At 1 April 2025 |
810,000 |
|
Loss on revaluation |
(92,000) |
|
At 31 March 2026 |
718,000 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 March 2026 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2026 |
718,000 |
|
At 31 March 2025 |
810,000 |
|
|
|
|
|
|
|
|
|
|
The investment properties are disclosed in these financial statements on the basis of the directors' open market valuation. |
|
|
Freehold land and buildings: |
2026 |
|
2025 |
| £ |
£ |
|
Historical cost |
556,597 |
|
556,597 |
|
Cumulative depreciation based on historical cost |
- |
|
- |
|
|
|
|
|
|
556,597 |
|
556,597 |
|
| 4 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
Trade debtors |
11,236 |
|
8,929 |
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
Taxation and social security costs |
11,863 |
|
11,953 |
|
Other creditors |
1,212 |
|
2,178 |
|
|
|
|
|
|
13,075 |
|
14,131 |
|
|
|
|
|
|
|
|
|
| 6 |
Revaluation reserve |
2026 |
|
2025 |
| £ |
£ |
|
At 1 April 2025 |
253,567 |
|
253,567 |
|
Loss on revaluation of land and buildings |
(92,000) |
|
- |
|
Deferred taxation arising on the revaluation of land and buildings |
(3,984) |
|
- |
|
|
At 31 March 2026 |
157,583 |
|
253,567 |
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Sunnyfields Holdings Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
C/o Adams Beeny |
|
4 Sudley Road |
|
Bognor Regis |
|
West Sussex PO21 1EU |