SUNNY FRESH GLOBAL TRADING LIMITED
|
Registered number: |
09149516
|
Balance Sheet |
as at 31 July 2019
|
|
Notes |
|
|
2019 |
|
|
2018 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
51,643 |
|
|
8,205 |
|
Current assets |
Stocks |
|
|
60,550 |
|
|
128,750 |
Debtors |
4 |
|
851,799 |
|
|
594,594 |
Cash at bank and in hand |
|
|
271,587 |
|
|
266,259 |
|
|
|
1,183,936 |
|
|
989,603 |
|
Creditors: amounts falling due within one year |
5 |
|
(818,826) |
|
|
(640,866) |
|
Net current assets |
|
|
|
365,110 |
|
|
348,737 |
|
Total assets less current liabilities |
|
|
|
416,753 |
|
|
356,942 |
|
Creditors: amounts falling due after more than one year |
6 |
|
|
(363,643) |
|
|
(344,669) |
|
|
|
Net assets |
|
|
|
53,110 |
|
|
12,273 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
2 |
|
|
2 |
Profit and loss account |
|
|
|
53,108 |
|
|
12,271 |
|
Shareholders' funds |
|
|
|
53,110 |
|
|
12,273 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
|
|
|
Mr Devinder Singh |
Director |
Approved by the board on 03.01.2020
|
|
SUNNY FRESH GLOBAL TRADING LIMITED
|
Notes to the Accounts |
for the year ended 31 July 2019
|
|
1 |
Accounting policies |
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
|
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
|
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
|
|
Furniture & Fixtures |
20% straight line |
|
Computer Equipments |
20% straight line |
|
Motor vehicles |
20% straight line |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
|
|
2 |
Employees |
2019 |
|
2018 |
Number |
Number |
|
|
Average number of persons employed by the company |
4 |
|
4 |
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
Furniture & Fixtures |
|
Computer & Equipments |
|
Motor vehicles |
|
Total |
£ |
£ |
£ |
£ |
|
Cost |
|
At 1 August 2018 |
3,937 |
|
5,598 |
|
12,705 |
|
22,240 |
|
Additions |
330 |
|
1,986 |
|
55,240 |
|
57,556 |
|
At 31 July 2019 |
4,267 |
|
7,584 |
|
67,945 |
|
79,796 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 August 2018 |
2,897 |
|
974 |
|
10,164 |
|
14,035 |
|
Charge for the year |
853 |
|
1,517 |
|
11,748 |
|
14,118 |
|
At 31 July 2019 |
3,750 |
|
2,491 |
|
21,912 |
|
28,153 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 July 2019 |
517 |
|
5,093 |
|
46,033 |
|
51,643 |
|
At 31 July 2018 |
1,040 |
|
4,624 |
|
2,541 |
|
8,205 |
|
|
4 |
Debtors |
2019 |
|
2018 |
£ |
£ |
|
|
Trade debtors |
831,442 |
|
478,931 |
|
Other debtors (Advances and pre payments) |
8,772 |
|
110,061 |
|
Other taxes and social security |
11,585 |
|
5,602 |
|
|
|
|
|
|
851,799 |
|
594,594 |
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2019 |
|
2018 |
£ |
£ |
|
|
Trade creditors |
381,485 |
|
411,682 |
|
Corporation tax |
51,744 |
|
16,704 |
|
Other taxes and social security costs |
2,985 |
|
4,234 |
|
Other creditors |
382,612 |
|
208,246 |
|
|
|
|
|
|
818,826 |
|
640,866 |
|
|
|
|
|
|
|
|
|
|
6 |
Creditors: amounts falling due after one year |
2019 |
|
2018 |
£ |
£ |
|
|
Other creditors |
363,643 |
|
344,669 |
|
|
|
|
|
|
|
|
|
|
|
7 |
Other information |
|
|
SUNNY FRESH GLOBAL TRADING LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
Unit D4 |
|
Sunny Fresh Global Trading Ltd Braintre, Braintre Road |
|
Ruislip, Middlesex |
|
England |
|
HA4 0EJ |