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REGISTERED NUMBER: SC554092 (Scotland)












Financial Statements

for the Year Ended 30 April 2023

for

Sustainable Solutions Group Limited

Sustainable Solutions Group Limited (Registered number: SC554092)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Sustainable Solutions Group Limited

Company Information
for the Year Ended 30 April 2023







DIRECTOR: D Finnon





REGISTERED OFFICE: Radleigh House
1 Golf Road
Clarkston
Glasgow
G76 7HU





REGISTERED NUMBER: SC554092 (Scotland)





ACCOUNTANTS: O'Haras Chartered Accountants
Radleigh House
1 Golf Road
Clarkston
Glasgow
G76 7HU

Sustainable Solutions Group Limited (Registered number: SC554092)

Balance Sheet
30 April 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 2,826 2,671

CURRENT ASSETS
Debtors 5 33,709 114,522
Cash at bank 141,066 75,817
174,775 190,339
CREDITORS
Amounts falling due within one year 6 158,037 116,643
NET CURRENT ASSETS 16,738 73,696
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,564

76,367

CAPITAL AND RESERVES
Called up share capital 7 20 20
Retained earnings 19,544 76,347
SHAREHOLDERS' FUNDS 19,564 76,367

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 October 2023 and were signed by:





D Finnon - Director


Sustainable Solutions Group Limited (Registered number: SC554092)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

Sustainable Solutions Group Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern
The directors are satisfied that the Company will have access to sufficient funds to ensure that all liabilities will be met as they fall due over a period of at least 12 months from the approval date of these financial statements. Consequently, the directors consider it appropriate to prepare the financial statements on a going concern basis.

Revenue
Revenue is derived from the professional services provided to clients, less any discounts or VAT. It is calculated on a cash basis therefore sales will not be recorded until money is received.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Improvements to property - 33% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 33% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Sustainable Solutions Group Limited (Registered number: SC554092)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

2. ACCOUNTING POLICIES - continued

Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 May 2022 3,150 333 3,614
Additions - - -
At 30 April 2023 3,150 333 3,614
DEPRECIATION
At 1 May 2022 3,150 104 3,614
Charge for year - 35 -
At 30 April 2023 3,150 139 3,614
NET BOOK VALUE
At 30 April 2023 - 194 -
At 30 April 2022 - 229 -

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 May 2022 6,435 6,948 20,480
Additions - 1,207 1,207
At 30 April 2023 6,435 8,155 21,687
DEPRECIATION
At 1 May 2022 4,399 6,542 17,809
Charge for year 509 508 1,052
At 30 April 2023 4,908 7,050 18,861
NET BOOK VALUE
At 30 April 2023 1,527 1,105 2,826
At 30 April 2022 2,036 406 2,671

Sustainable Solutions Group Limited (Registered number: SC554092)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 33,700 114,512
Other debtors 9 10
33,709 114,522

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 73,521 12,566
Taxation and social security 31,516 91,824
Other creditors 53,000 12,253
158,037 116,643

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
10 Ordinary A 1 10 10
9 Ordinary B 1 9 9
1 Ordinary C 1 1 1
20 20