REGISTERED NUMBER: 03632623 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Sunhigh Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr T Kirrane

Mr J Parikh

Mr R J Carter

SECRETARY:

Mrs N J Parikh

REGISTERED OFFICE:

2 Station View

Hazel Grove

Stockport

SK7 5ER

REGISTERED NUMBER:

03632623 (England and Wales)

ACCOUNTANTS:

IN Accountancy Limited

2 Station View

Bramhall Moor Lane

Hazel Grove

Stockport

Cheshire

SK7 5ER

FIXED ASSETS

Tangible assets

4

203,777

203,747

Investments

5

640,617

608,963

844,394

812,710

CURRENT ASSETS

Stocks

714,362

624,290

Debtors

6

1,116,201

954,551

Cash at bank

678,983

606,572

2,509,546

2,185,413

CREDITORS

Amounts falling due within one year

7

499,986

603,257

NET CURRENT ASSETS

2,009,560

1,582,156

TOTAL ASSETS LESS CURRENT LIABILITIES

2,853,954

2,394,866

PROVISIONS FOR LIABILITIES

50,944

50,937

NET ASSETS

2,803,010

2,343,929

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,802,910

2,343,829

SHAREHOLDERS' FUNDS

2,803,010

2,343,929

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 July 2026 and were signed on its behalf by:

Mr J Parikh - Director

1.	STATUTORY INFORMATION

Sunhigh Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

249,546

Additions

7,216

At 31 October 2025

256,762

DEPRECIATION

At 1 November 2024

45,799

Charge for year

7,186

At 31 October 2025

52,985

NET BOOK VALUE

At 31 October 2025

203,777

At 31 October 2024

203,747

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

31.10.25

31.10.24

£

£

Cost

475,000

475,000

Revaluations

165,617

133,963

640,617

608,963

The fixed asset investment is an investment bond. The bond was initially recognised at its transaction price of £475,000 and has subsequently been revalued to fair value through profit and loss. The fair value was determined using the quoted market price of the bond at the balance sheet date.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

58,387

19,721

Amounts owed by associates

1,017,775

915,440

Other debtors

40,039

19,390

1,116,201

954,551

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

170,730

205,744

Taxation and social security

221,882

279,874

Other creditors

107,374

117,639

499,986

603,257

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.10.25

31.10.24

£

£

Within one year

63,000

63,000

Between one and five years

21,250

84,250

84,250

147,250

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the company provided a loan to the director totalling £24,711 (2024 £nil). This was repaid after the year end.

10.	RELATED PARTY DISCLOSURES

Included within debtors is a loan due from a company controlled by a director. The amount outstanding at the balance sheet date was £1,017,775 (2024 - £915,440).The loan is unsecured and interest free.

11.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mr J Parikh by virtue of his holding in the voting shares.