Accounts filed on 31-07-2019


Registered number: SC151401






Sunhill Investments Limited


FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2019
























Prepared By:
Lynn Cunningham
Chartered Accountant
G6, The Granary Business Centre
Coal Road
Cupar
Fife
KY15 5YQ


Sunhill Investments Limited


ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2019





DIRECTORS
Martin Rowlands



SECRETARY
Martin Rowlands


REGISTERED OFFICE
Sunhill
East Dron
Bridge of Earn
PH2 9HG


COMPANY DETAILS
Private company limited by shares registered in SC - Scotland, registered number SC151401



ACCOUNTANTS
Lynn Cunningham
Chartered Accountant
G6, The Granary Business Centre
Coal Road
Cupar
Fife
KY15 5YQ


ACCOUNTS
FOR THEYEARENDED31 JULY 2019



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31 July 2019

			2019		2018
	Notes		£		£

FIXED ASSETS
Investment Assets	3		143,638		-

CURRENT ASSETS
Cash at bank and in hand		305,525		445,819
		305,525		445,819
CREDITORS: Amounts falling due within one year	4	2,775		3,375
NET CURRENT ASSETS			302,750		442,444
TOTAL ASSETS LESS CURRENT LIABILITIES			446,388		442,444


PROVISIONS FOR LIABILITIES AND CHARGES			742		-

NET ASSETS			445,646		442,444

CAPITAL AND RESERVES

Called up share capital	5		3		3
Other reserves			3,161		-
Profit and loss account			442,482		442,441
SHAREHOLDERS' FUNDS			445,646		442,444

For the year ending 31 July 2019 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 19 December 2019 and signed on their behalf by



.............................
Martin Rowlands
Director

1. ACCOUNTING POLICIES




1a. General Information and Basis Of Accounting
The company is limited by shares and incorporated in Scotland. The address of the registered office is given in the company information on page 1 of these financial statements. The financial statements are presented in sterling which is the functional currency of the company and are rounded to the nearest £1.
The financial statements have been prepared in accordance with Financial Reporting Standard FRS 102 including Section 1A Small Entities, the Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. There were no material departures from that standard.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise shown.




1b. Debtors Receivable And Creditors Payable Within One Year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income in other administrative expenses.




1c. Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences.




1d. Investments
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.




1e. Revenue
Revenue is measured at the fair value of the consideration received or receivable. The policies adopted for recognition of turnover are as follows:
Interest receivable is recognised using the effective interest method.




4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2019	2018
	£	£
Taxation and social security	2,265	2,475
Other creditors	510	900
	2,775	3,375




5. SHARE CAPITAL	2019	2018
	£	£
Allotted, issued and fully paid:
3 Ordinary shares of £1 each	3	3
	3	3