REGISTERED NUMBER: 02778763 (England and Wales)

SUNDOWNER LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

469,239

458,851

CURRENT ASSETS

Stocks

87,875

78,919

Debtors

5

93,011

58,030

Prepayments and accrued income

9,971

9,453

Cash at bank and in hand

603,984

815,132

794,841

961,534

CREDITORS

Amounts falling due within one year

6

80,503

181,578

NET CURRENT ASSETS

714,338

779,956

TOTAL ASSETS LESS CURRENT LIABILITIES

1,183,577

1,238,807

CREDITORS

Amounts falling due after more than one year

7

312,000

314,000

PROVISIONS FOR LIABILITIES

40,093

33,960

ACCRUALS AND DEFERRED INCOME

515,026

498,003

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Retained earnings

315,458

391,844

SHAREHOLDERS' FUNDS

316,458

392,844

1,183,577

1,238,807

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 30 June 2026 and were signed on its behalf by:

P R Cross - Director

I G Gillett - Director

1.	STATUTORY INFORMATION

Sundowner Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

02778763

Registered office:

3 Weekley Wood Close

Kettering

Northamptonshire

NN14 1UQ

The company's place of business is Newport Road, Hemsby, Great Yarmouth, Norfolk, NR29 4NW.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents amounts (excluding value added tax) derived from the provision of goods and services to customers during the year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

0% freehold buildings

Plant and machinery

-

20% on reducing balance and 5% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

33% on reducing balance

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Debtors and creditors

Debtors receivable / creditors payable within one year are measured at transaction price (less any impairment losses on debtors for bad and doubtful debts). Loans and other financial assets / liabilities are initially measured at transaction price and subsequently measured at amortised cost determined using the effective interest method (less any impairment losses on debtors) for bad and doubtful debts.

Any losses arising from impairment are recognised in the profit and loss account.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2025 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2025

and 31 March 2026

138,834

974,835

9,080

41,889

1,164,638

DEPRECIATION

At 1 April 2025

-

682,897

9,067

13,823

705,787

Charge for year

-

46,082

2

9,261

55,345

Charge written back

-

(65,733

)

-

-

(65,733

)

At 31 March 2026

-

663,246

9,069

23,084

695,399

NET BOOK VALUE

At 31 March 2026

138,834

311,589

11

18,805

469,239

At 31 March 2025

138,834

291,938

13

28,066

458,851

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

89,781

58,030

Other debtors

3,230

-

93,011

58,030

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

10,357

17,091

Taxation and social security

70,146

164,487

80,503

181,578

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other creditors

312,000

314,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Motorcross Limited Loan

312,000

314,000

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

1,000

Ordinary

£1.00

1,000

1,000