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REGISTERED NUMBER: 00614217 (England and Wales)




















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

SOLTILL INVESTMENTS LIMITED

SOLTILL INVESTMENTS LIMITED (REGISTERED NUMBER: 00614217)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SOLTILL INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: J B Silver
D Silver
R Silver



SECRETARY: J B Silver



REGISTERED OFFICE: 50 Seymour Street
London
W1H 7JG



REGISTERED NUMBER: 00614217 (England and Wales)



ACCOUNTANTS: Orcom Civvals Limited
Accountants
50 Seymour Street
London
W1H 7JG



BANKERS: National Westminster Bank plc
Victoria Branch
169 Victoria Street
London
SW1E 5BT

SOLTILL INVESTMENTS LIMITED (REGISTERED NUMBER: 00614217)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 250,000 250,000

CURRENT ASSETS
Debtors 5 8,161 8,764
Cash at bank 17,880 6,320
26,041 15,084
CREDITORS
Amounts falling due within one year 6 12,719 7,943
NET CURRENT ASSETS 13,322 7,141
TOTAL ASSETS LESS CURRENT
LIABILITIES

263,322

257,141

PROVISIONS FOR LIABILITIES 43,700 43,700
NET ASSETS 219,622 213,441

CAPITAL AND RESERVES
Called up share capital 7 100 100
Share premium 8 1,550 1,550
Fair value reserve 8 202,050 202,050
Retained earnings 8 15,922 9,741
SHAREHOLDERS' FUNDS 219,622 213,441

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 directors acknowledge their 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.

SOLTILL INVESTMENTS LIMITED (REGISTERED NUMBER: 00614217)

BALANCE SHEET - continued
31 MARCH 2023


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 Board of Directors and authorised for issue on 18 September 2023 and were signed on its behalf by:





J B Silver - Director


SOLTILL INVESTMENTS LIMITED (REGISTERED NUMBER: 00614217)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Soltill Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Turnover
Turnover represents rental income receivable for the year, excluding value added tax.

3. EMPLOYEES AND DIRECTORS

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

SOLTILL INVESTMENTS LIMITED (REGISTERED NUMBER: 00614217)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022
and 31 March 2023 250,000
NET BOOK VALUE
At 31 March 2023 250,000
At 31 March 2022 250,000

Fair value at 31 March 2023 is represented by:
£   
Valuation in 2001 98,050
Valuation in 2004 70,000
Valuation in 2009 (35,000 )
Valuation in 2012 65,000
Valuation in 2014 20,000
Valuation in 2017 30,000
Cost 1,950
250,000

The valuation of the property was undertaken by the directors.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 8,161 8,764

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 10,097 2,697
Other creditors 2,622 5,246
12,719 7,943

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2,000 Ordinary 5p 100 100

SOLTILL INVESTMENTS LIMITED (REGISTERED NUMBER: 00614217)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


8. RESERVES
Fair
Retained Share value
earnings premium reserve Totals
£    £    £    £   

At 1 April 2022 9,741 1,550 202,050 213,341
Profit for the year 55,180 55,180
Dividends (48,999 ) (48,999 )
At 31 March 2023 15,922 1,550 202,050 219,522