Company registration number 00937014 (England and Wales)
SOLPRO CHEMICAL COMPANY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
PAGES FOR FILING WITH REGISTRAR
SOLPRO CHEMICAL COMPANY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
SOLPRO CHEMICAL COMPANY LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2022
31 December 2022
- 1 -
2022
2021
Notes
£
£
£
£
Current assets
Debtors
4
619,682
Cash at bank and in hand
551
620,233
Creditors: amounts falling due within one year
5
(409,739)
Net current assets
210,494
Capital and reserves
Called up share capital
6
25,000
25,000
Profit and loss reserves
(25,000)
185,494
Total equity
210,494
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 December 2022 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 12 February 2024 and are signed on its behalf by:
J A Tear
Director
Company Registration No. 00937014
SOLPRO CHEMICAL COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
- 2 -
1
Accounting policies
Company information
Solpro Chemical Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is Royds Mills, Windsor Street, Sheffield, S4 7WB.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2022
2021
Number
Number
Total
3
3
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2022
52,726
Disposals
(52,726)
At 31 December 2022
Depreciation and impairment
At 1 January 2022
52,726
Eliminated in respect of disposals
(52,726)
At 31 December 2022
Carrying amount
At 31 December 2022
At 31 December 2021
SOLPRO CHEMICAL COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
- 3 -
4
Debtors
2022
2021
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
619,682
5
Creditors: amounts falling due within one year
2022
2021
£
£
Amounts owed to group undertakings
409,739
6
Called up share capital
2022
2021
2022
2021
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
25,000
25,000
25,000
25,000
7
Parent company
The company's immediate and ultimate parent undertaking is Solpro Manufacturing Limited, a company incorporated in England and Wales.