Company Registration No. 14537825 (England and Wales)
Sunbim Ltd
Unaudited accounts
for the year ended 31 March 2026
Sunbim Ltd
Unaudited accounts
Contents
Sunbim Ltd
Company Information
for the year ended 31 March 2026
Company Number
14537825 (England and Wales)
Registered Office
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
United Kingdom
Sunbim Ltd
Statement of financial position
as at 31 March 2026
Tangible assets
17,317
15,824
Investments
110,565
103,093
Cash at bank and in hand
556,788
315,835
Creditors: amounts falling due within one year
(91,101)
(26,900)
Net current assets
651,508
462,840
Net assets
779,390
581,757
Called up share capital
100
100
Profit and loss account
779,290
581,657
Shareholders' funds
779,390
581,757
For the year ending 31 March 2026 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 his 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 11 October 2026 and were signed on its behalf by
Maksim Markevich
Director
Company Registration No. 14537825
Sunbim Ltd
Notes to the Accounts
for the year ended 31 March 2026
Sunbim Ltd is a private company, limited by shares, registered in England and Wales, registration number 14537825. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.
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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, modified to include certain financial instruments at fair value.
The accounts are presented in £ sterling.
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:
Plant & machinery
3 years straight line
Computer equipment
25% reducing balance
Investments in unit trusts are measured at fair value at each reporting date. Changes in fair value are recognised in profit or loss.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised in the period in which the related services are provided. Amounts invoiced in advance are deferred and recognised over the relevant service period.
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The current financial year covers the 12 months ended 31 March 2026. The comparative figures relate to the period from 14 June 2024 to 31 March 2025 and, as a result, are not directly comparable with the current year.
Sunbim Ltd
Notes to the Accounts
for the year ended 31 March 2026
At 31 March 2026, the company held a 20% interest in Santiam Sunbim Holdings, LLC, an entity registered in Delaware, United States.
On 24 March 2026, the company's existing 20% interest in Santiam Sunbim JV, LLC was exchanged for 200,000 Common Units in Santiam Sunbim Holdings, LLC as part of a corporate reorganisation.
The interest carries 20% of the member voting rights and the company holds one of five seats on the Board of Managers. The company therefore has significant influence over Santiam Sunbim Holdings, LLC, which is classified as an associate.
The investment is held at a carrying value of £nil, reflecting its original cost to the company.
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Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2025
2,516
35,808
38,324
At 31 March 2026
2,516
52,493
55,009
At 1 April 2025
497
22,003
22,500
Charge for the year
505
14,687
15,192
At 31 March 2026
1,002
36,690
37,692
At 31 March 2026
1,514
15,803
17,317
At 31 March 2025
2,019
13,805
15,824
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Investments
Other investments
Valuation at 1 April 2025
103,093
Fair value adjustments
7,472
Valuation at 31 March 2026
110,565
Amounts falling due within one year
Accrued income and prepayments
181,883
169,438
Sunbim Ltd
Notes to the Accounts
for the year ended 31 March 2026
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Creditors: amounts falling due within one year
2026
2025
Trade creditors
1,148
17,919
Taxes and social security
52,701
(12,738)
Other creditors
1,466
1,111
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
During the year, the company paid personal accountancy costs of £780 on behalf of the director. The balance was interest-free, unsecured and repayable on demand. The amount outstanding at 31 March 2026 was £780 and was subsequently repaid in full on 9 August 2026.
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Average number of employees
During the year the average number of employees was 3 (2025: 3).