2020-12-31-accounts - Sonrise Services International Limited

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		ST	AT	E	MENT	OF CASH F	LOWS
						2020		2019
8 tement ofCash Fl
Net cash used in operating	activities						42,023		(33,707)
Cash flows from investing	activities:
Purchase of property, plant	and equipment					(21,811)
Net cash (used in)/provided	by investing			activities			(21,811)
Change in cash and cash	equivalents		in the
reporting period							20,212		(33,707)
Cash and cash equivalents	at the	beginning			ofthe
reporting period							43,176		77,519
Cash and cash equivalents	at the	end	ofthe
reporting period							83,388		43,1
Reconciliation ofnet incomei ex		nditure			to net cash	flow fro
~oe (~oct'v ies
Net income for the reporting	period						(116,325)		6,424,810
4~8
Depreciation charges							141,514		115,576
Donated property									(6,583,945)
(Increase)r decrease in debtors							(4,405)		(684)
(Decrease) Iincrease in creditors							21,239		10,536
Net cash used in operating	activities						2,0		433, 033
Anal is ofcash and cash	uivalents
Cashin hand							63,388		43,176
Total cash and cash equivalents							63,388		43,176

D RECT C RITABLE EXPE
		2020	2019
		$	$
Computer running costs		4,611	7,195
Printing, postage and stationery		985	2,563
Hosting and property expenses		165,301	144,855
Staff costs		398,887	377,197
Legal and professional		2,499	8,332
Audit fees		12,284	11,943
Depreciation		141,514	115,576
TANGIBLE FIXEDASSET
	Freehold	Motor
	~Pro ert		Total
	$	$	8
Cost
At 1stJanuary 2020	6,583,945	31,166	6,615,111
Additions		21,811	21,811
At 31stDecember 2020	6,583,945	52,977	6,636922
Depreciation
At 1stJanuary 2020	109,732	13,636	123,368
Provided for year	131,678	9,836	141,514
At 31stDecember 2020	241,410	23,472	264 882
Net BookValue
At 31stDecember 2020	6,342,535	29,505	6,372,040
At 31stDecember 2019	6,474,213	17,530	6,491,743

6.	DEBTORS
													2020	2019
													$	$
	Prepayments
7.	FINANCIAL INSTR			MEN		6
	The financial statements				include the following				in respect of items held at fair			value at 31 December:
													2020	2II21.
													$	$
	Financial assets	measured				at	amorlised	cost
	Finandal liabilities		measured				at amortised	cost					44,657	27,893
8.	CREDITORS FALLING				DUE		WITHIN ONE YEAR
													2020	2019
													8	$
	Trade creditors												15,713
	Tax and social securities												12,908	8,433
	Accruals												16,180	11,943
	Other creditors												12,764	15,950
9.	ALYSIS0		E	AS
										~Gneral		Fixed Asset	Restricted	Total
											~Fun	~Fund	Funds	~pn s
											2020	2020	2020	2020
											$	$	$
	Non-current assets Current assets Current liabilities										29,505 69,238	6,342,535		6,372,040 69,238 ~7™
	Net assets										41 178	6,342,535		6,383,713
										General		Fixed Asset	Restricted	Total
											Funds	Funds	Funds	Funds
											2019	2019	2019	2019
											$	$	$
	Non-current assets										17,530	6,474,213		6,491,743
	Current assets Current liabilities									44,621 ~X.32$				44,621
	Net assets										25,825	6,474,213		6,500,038
10.	NIOVEMENT IN	FUNDS							At 1st				Transfer	At Sist
									January	~ln	min	QEIgous	Between	December
									2020	Resources		Resources	Reserves	2020
									$				$	9
	Restricted Funds
	Total Restricted	Funds
	Unrestricted Funds
	Fixed Asset Fund								6,474,213			(I31,678)		6,342,535
	General Funds								25,825					41,178
	Total Unrestricted		Funds											6,383,713
	Total Funds