Company Registration No. 3715476 (England and Wales)
Solidspeed Limited
Unaudited accounts
for the year ended 29 February 2024
Solidspeed Limited
Unaudited accounts
Contents
Solidspeed Limited
Company Information
for the year ended 29 February 2024
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
Solidspeed Limited
Statement of financial position
as at 29 February 2024
Tangible assets
162,449
166,848
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
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
Solidspeed Limited
Notes to the Accounts
for the year ended 29 February 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
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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
At 29 February 2024
186,383
45,000
231,383
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
At 29 February 2024
137,637
24,812
162,449
At 28 February 2023
136,590
30,258
166,848
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Creditors: amounts falling due within one year
2024
2023
Proposed dividends
5,759
10,052
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
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Average number of employees
During the year the average number of employees was 0 (2023: 0).