Accounts filed on 31-12-2015


Registered number: 02503265






Sunshine Interiors Limited


ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015
























Prepared By:
Robert Baker and Company Limited
Chartered Certified Accountants
3 Ferry Road
Shoreham by Sea
West Sussex
BN43 5RA


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 31 December 2015

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 02503265


Registered Number: 02503265

BALANCE SHEET AT 31 DECEMBER 2015

			2015		2014
	Notes		£		£

FIXED ASSETS
Intangible assets	2		50,000		60,000
Tangible assets	3		16,569		22,093

			66,569		82,093

CURRENT ASSETS
Stock		2,614		2,288
Debtors (amounts falling due within one year)	4	15,785		4,259
Cash at bank and in hand		109,665		143,448
		128,064		149,995
CREDITORS: Amounts falling due within one year		75,456		103,668
NET CURRENT ASSETS			52,608		46,327
TOTAL ASSETS LESS CURRENT LIABILITIES			119,177		128,420


PROVISIONS FOR LIABILITIES			861		1,427

NET ASSETS			118,316		126,993

CAPITAL AND RESERVES

Called up share capital	5		100		100
Profit and loss account			118,216		126,893
SHAREHOLDERS' FUNDS			118,316		126,993

For the year ending 31 December 2015 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the board on 3 May 2016 and signed on their behalf by




Mr S I Petfield
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).




1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		25%
Commercial Vehicles		25%




1d. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.




1e. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1f. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




1g. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.




4. DEBTORS	2015	2014
	£	£

Amounts falling due within one year:
Trade debtors	15,785	4,259
	15,785	4,259




5. SHARE CAPITAL	2015	2014
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100