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REGISTERED NUMBER: 11999156 (England and Wales)








Unaudited Financial Statements

for the Year Ended 31 March 2023

for

SOLID GROUP HOLDINGS LIMITED

SOLID GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 11999156)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SOLID GROUP HOLDINGS LIMITED

Company Information
FOR THE YEAR ENDED 31 March 2023







DIRECTOR: J R Pegg





REGISTERED OFFICE: 2 Wentworth House
Vernon Gate
Derby
DE1 1UR





REGISTERED NUMBER: 11999156 (England and Wales)





ACCOUNTANTS: Mitchell Glanville (Bristol) Limited
c/o MGB Accountants - Suite 22
Trym Lodge, 1 Henbury Road
Westbury-on-Trym
Bristol
BS9 3HQ

SOLID GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 11999156)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 332,780 308,349
Investments 5 100 100
332,880 308,449

CURRENT ASSETS
Debtors 6 41,465 960
Cash at bank 8,927 50,135
50,392 51,095
CREDITORS
Amounts falling due within one year 7 33,376 28,388
NET CURRENT ASSETS 17,016 22,707
TOTAL ASSETS LESS CURRENT
LIABILITIES

349,896

331,156

CREDITORS
Amounts falling due after more than one year 8 149,018 154,364
NET ASSETS 200,878 176,792

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 200,778 176,692
SHAREHOLDERS' FUNDS 200,878 176,792

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 November 2023 and were signed by:





J R Pegg - Director


SOLID GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 11999156)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 March 2023

1. STATUTORY INFORMATION

Solid Group Holdings Limited is a private company, limited by shares , registered in England and Wales. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

SOLID GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 11999156)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2022 251,142 97,444 348,586
Additions - 66,566 66,566
Disposals - (14,360 ) (14,360 )
At 31 March 2023 251,142 149,650 400,792
DEPRECIATION
At 1 April 2022 - 40,237 40,237
Charge for year - 29,929 29,929
Eliminated on disposal - (2,154 ) (2,154 )
At 31 March 2023 - 68,012 68,012
NET BOOK VALUE
At 31 March 2023 251,142 81,638 332,780
At 31 March 2022 251,142 57,207 308,349

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2022
and 31 March 2023 100
NET BOOK VALUE
At 31 March 2023 100
At 31 March 2022 100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 26,415 960
Other debtors 15,050 -
41,465 960

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 13,522 13,522
Hire purchase contracts 1,257 -
Trade creditors 1 421
Taxation and social security 11,910 9,262
Other creditors 6,686 5,183
33,376 28,388

SOLID GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 11999156)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 March 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 149,018 154,364

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100