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Company Registration No. 3715476 (England and Wales)
Solidspeed Limited Unaudited accounts for the year ended 29 February 2024
Solidspeed Limited Unaudited accounts Contents
Page
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Solidspeed Limited Company Information for the year ended 29 February 2024
Director
Gerald Caple
Company Number
3715476 (England and Wales)
Registered Office
138 TOWN STREET STANNINGLEY LEEDS LS28 6ER
Accountants
Michael Upton and Co 138 Town Stanningley Pudsey West Yorkshire LS28 6ER
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Solidspeed Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
162,449 
166,848 
Current assets
Cash at bank and in hand
94,992 
69,145 
Creditors: amounts falling due within one year
(5,759)
(10,052)
Net current assets
89,233 
59,093 
Total assets less current liabilities
251,682 
225,941 
Creditors: amounts falling due after more than one year
(55,782)
(55,782)
Net assets
195,900 
170,159 
Capital and reserves
Profit and loss account
195,900 
170,159 
Shareholders' funds
195,900 
170,159 
For the year ending 29 February 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 April 2024 and were signed on its behalf by
Gerald Caple Director Company Registration No. 3715476
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Solidspeed Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Solidspeed Limited is a private company, limited by shares, registered in England and Wales, registration number 3715476. The registered office is 138 TOWN STREET, STANNINGLEY, LEEDS, LS28 6ER.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
18%
Motor vehicles
18%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
160,750 
45,000 
205,750 
Additions
25,633 
- 
25,633 
At 29 February 2024
186,383 
45,000 
231,383 
Depreciation
At 1 March 2023
24,160 
14,742 
38,902 
Charge for the year
24,586 
5,446 
30,032 
At 29 February 2024
48,746 
20,188 
68,934 
Net book value
At 29 February 2024
137,637 
24,812 
162,449 
At 28 February 2023
136,590 
30,258 
166,848 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Proposed dividends
5,759 
10,052 
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Solidspeed Limited Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
55,782 
55,782 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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