Company Registration No. 07259378 (England and Wales)
Sunara In Spires Limited
Unaudited accounts
for the year ended 30 November 2025
Sunara In Spires Limited
Unaudited accounts
Contents
Sunara In Spires Limited
Company Information
for the year ended 30 November 2025
Company Number
07259378 (England and Wales)
Registered Office
86-90 Paul Street
London
EC2A 4NE
England
Accountants
SA Ledgers Ltd
57 Canbury Park Road
Kingston
KT2 6LQ
Sunara In Spires Limited
Statement of financial position
as at 30 November 2025
Cash at bank and in hand
48,654
78,597
Creditors: amounts falling due within one year
(14,593)
(28,555)
Net current assets
43,355
60,272
Called up share capital
2
2
Profit and loss account
43,353
60,483
Shareholders' funds
43,355
60,485
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 August 2026 and were signed on its behalf by
Mrs S Spires
Director
Company Registration No. 07259378
Sunara In Spires Limited
Notes to the Accounts
for the year ended 30 November 2025
Sunara In Spires Limited is a private company, limited by shares, registered in England and Wales, registration number 07259378. The registered office is 86-90 Paul Street, London, EC2A 4NE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
The tax expense represents the sum of the tax currently payable and deferred tax.
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.
Sunara In Spires Limited
Notes to the Accounts
for the year ended 30 November 2025
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
The financial statements have been prepared on a going concern basis, which assumes that Sunara In Spires Ltd will continue its operations for the foreseeable future. The directors have assessed the company’s financial position and, based on current forecasts and available resources, believe that the company has adequate means to meet its obligations as they fall due. Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2024
1,625
9,433
11,058
At 30 November 2025
1,625
9,433
11,058
At 1 December 2024
1,625
9,220
10,845
Charge for the year
-
213
213
At 30 November 2025
1,625
9,433
11,058
At 30 November 2024
-
213
213
Amounts falling due within one year
Trade debtors
1,290
10,230
Accrued income and prepayments
5,943
-
Sunara In Spires Limited
Notes to the Accounts
for the year ended 30 November 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
-
8,962
Loans from directors
14,593
19,593
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).