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REGISTERED NUMBER: 07142905















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2023

FOR

SOLUTIONS BY INTERACT LIMITED

SOLUTIONS BY INTERACT LIMITED (REGISTERED NUMBER: 07142905)






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


SOLUTIONS BY INTERACT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: N Alidina
Mrs J M Alidina





REGISTERED OFFICE: Forest Links Road
Ferndown
Dorset
BH22 9PH





REGISTERED NUMBER: 07142905





ACCOUNTANTS: Elson Geaves Accountants
Chartered Certified Accountants
Forest Links Road
Ferndown
Dorset
BH22 9PH

SOLUTIONS BY INTERACT LIMITED (REGISTERED NUMBER: 07142905)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,989 43,943

CURRENT ASSETS
Debtors 5 73,699 29,923
Cash at bank 182,263 205,679
255,962 235,602
CREDITORS
Amounts falling due within one year 6 163,522 120,394
NET CURRENT ASSETS 92,440 115,208
TOTAL ASSETS LESS CURRENT
LIABILITIES

123,429

159,151

CREDITORS
Amounts falling due after more than one
year

7

29,473

37,128
NET ASSETS 93,956 122,023

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 93,955 122,022
SHAREHOLDERS' FUNDS 93,956 122,023

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.

SOLUTIONS BY INTERACT LIMITED (REGISTERED NUMBER: 07142905)

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 23 November 2023 and were signed on its behalf by:





N Alidina - Director


SOLUTIONS BY INTERACT LIMITED (REGISTERED NUMBER: 07142905)

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

1. STATUTORY INFORMATION

Solutions By Interact Limited is a private company, limited by shares , registered in Not specified/Other. 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 etc - 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

SOLUTIONS BY INTERACT LIMITED (REGISTERED NUMBER: 07142905)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 102,501
Additions 571
At 31 March 2023 103,072
DEPRECIATION
At 1 April 2022 58,558
Charge for year 13,525
At 31 March 2023 72,083
NET BOOK VALUE
At 31 March 2023 30,989
At 31 March 2022 43,943

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 73,699 29,923

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts - 340
Payments on account - 70,000
Trade creditors 85,767 21,980
Taxation and social security 26,093 21,954
Other creditors 51,662 6,120
163,522 120,394

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Hire purchase contracts 29,473 37,128

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mr N & Mrs J Alidina.

The ultimate controlling party is Mr N & Mrs J Alidina.