I AM SOLAR LTD

Company Registration Number:
SC493681 (Scotland)

Unaudited abridged accounts for the year ended 30 December 2022

Period of accounts

Start date: 31 December 2021

End date: 30 December 2022

I AM SOLAR LTD

Contents of the Financial Statements

for the Period Ended 30 December 2022

Balance sheet
Notes

I AM SOLAR LTD

Balance sheet

As at 30 December 2022


Notes

2022

2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 520,696 520,696
Investments:   0 0
Total fixed assets: 520,696 520,696
Current assets
Stocks: 355,825 205,000
Debtors:   545,650 651,216
Cash at bank and in hand: 105,000 84,325
Investments:   0 0
Total current assets: 1,006,475 940,541
Creditors: amounts falling due within one year:     (93,094)
Net current assets (liabilities): 1,006,475 847,447
Total assets less current liabilities: 1,527,171 1,368,143
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 1,527,171 1,368,143
Capital and reserves
Called up share capital: 12 12
Share premium account: 65,934 0
Revaluation reserve:40533,386
Other reserves: 1,006,475 0
Profit and loss account: 454,750 834,745
Shareholders funds: 1,527,171 1,368,143

The notes form part of these financial statements

I AM SOLAR LTD

Balance sheet statements

For the year ending 30 December 2022 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 13 November 2023
and signed on behalf of the board by:

Name: James Pearson
Status: Director

The notes form part of these financial statements

I AM SOLAR LTD

Notes to the Financial Statements

for the Period Ended 30 December 2022

1. Accounting policies

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

I AM SOLAR LTD

Notes to the Financial Statements

for the Period Ended 30 December 2022

2. Employees

2022 2021
Average number of employees during the period 8 8

I AM SOLAR LTD

Notes to the Financial Statements

for the Period Ended 30 December 2022

3. Tangible Assets

Total
Cost £
At 31 December 2021 520,696
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 30 December 2022 520,696
Depreciation
At 31 December 2021 0
Charge for year 0
On disposals 0
Other adjustments 0
At 30 December 2022 0
Net book value
At 30 December 2022 520,696
At 30 December 2021 520,696

I AM SOLAR LTD

Notes to the Financial Statements

for the Period Ended 30 December 2022

4. Revaluation reserve

2022
£
Balance at 31 December 2021 533,386
Surplus or deficit after revaluation (533,386)
Balance at 30 December 2022 0