SOLORTUS LIMITED

Company Registration Number:
12859462 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2021

Period of accounts

Start date: 4 September 2020

End date: 30 September 2021

SOLORTUS LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2021

Directors report
Balance sheet
Additional notes
Balance sheet notes

SOLORTUS LIMITED

Directors' report period ended 30 September 2021

The directors present their report with the financial statements of the company for the period ended 30 September 2021

Principal activities of the company

Skilled tradesmen work on new and existing building construction developments. Works include plumbing, joinery, tiling, plastering and rendering.



Directors

The director shown below has held office during the whole of the period from
4 September 2020 to 30 September 2021

Leszek Zurawicz


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
27 May 2022

And signed on behalf of the board by:
Name: Leszek Zurawicz
Status: Director

SOLORTUS LIMITED

Balance sheet

As at 30 September 2021

Notes 13 months to 30 September 2021


£
Fixed assets
Tangible assets: 3 27,210
Total fixed assets: 27,210
Current assets
Stocks: 4 3,270
Debtors: 5 2,850
Cash at bank and in hand: 12,126
Total current assets: 18,246
Creditors: amounts falling due within one year: 6 ( 8,819 )
Net current assets (liabilities): 9,427
Total assets less current liabilities: 36,637
Creditors: amounts falling due after more than one year: 7 ( 6,700 )
Provision for liabilities: ( 2,396 )
Total net assets (liabilities): 27,541
Capital and reserves
Called up share capital: 1
Profit and loss account: 27,540
Total Shareholders' funds: 27,541

The notes form part of these financial statements

SOLORTUS LIMITED

Balance sheet statements

For the year ending 30 September 2021 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 chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 27 May 2022
and signed on behalf of the board by:

Name: Leszek Zurawicz
Status: Director

The notes form part of these financial statements

SOLORTUS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2021

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover shown in the profit and loss account represents amounts invoiced for work carried out during the year, exclusive of Value Added Tax.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows: Plant and machinery 20% straight line Fixtures and fittings 33.33% straight lineEquipment 25% straight lineMotor vehicles 25% straight line

    Other accounting policies

    Income taxThe taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deterred 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 reporting date that are expected to apply to the reversal of the timing difference.=Tangible assets=Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts arc recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss. =Stocks= are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes the purchase, conversion and other costs incurred to bring the stock to its present condition. =Provisions=Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are lsited in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises. =Basis of preparation=The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.The financial statements are prepared in sterling, which is the functional currency of the entity.

SOLORTUS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2021

  • 2. Employees

    13 months to 30 September 2021
    Average number of employees during the period 1

SOLORTUS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2021

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 8,110 2,305 6,585 18,995 35,995
Disposals
Revaluations
Transfers
At 30 September 2021 8,110 2,305 6,585 18,995 35,995
Depreciation
Charge for year 1,622 768 1,646 4,749 8,785
On disposals
Other adjustments
At 30 September 2021 1,622 768 1,646 4,749 8,785
Net book value
At 30 September 2021 6,488 1,537 4,939 14,246 27,210

SOLORTUS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2021

4. Stocks

13 months to 30 September 2021
£
Stocks 3,270
Total 3,270

SOLORTUS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2021

5. Debtors

13 months to 30 September 2021
£
Trade debtors 2,850
Total 2,850

SOLORTUS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2021

6. Creditors: amounts falling due within one year note

13 months to 30 September 2021
£
Trade creditors 1,578
Taxation and social security 7,241
Total 8,819

SOLORTUS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2021

7. Creditors: amounts falling due after more than one year note

13 months to 30 September 2021
£
Other creditors 6,700
Total 6,700