1 July 2022 false No description of principal activity Taxfiler 2023.15 12658596business:PrivateLimitedCompanyLtd2022-07-012023-06-30 126585962022-06-30 126585962022-07-012023-06-30 12658596business:AuditExemptWithAccountantsReport2022-07-012023-06-30 12658596business:FilletedAccounts2022-07-012023-06-30 126585962023-06-30 12658596business:Director12022-07-012023-06-30 12658596business:RegisteredOffice2022-07-012023-06-30 126585962022-06-30 12658596core:WithinOneYear2023-06-30 12658596core:WithinOneYear2022-06-30 12658596core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 12658596core:ShareCapitalcore:PreviouslyStatedAmount2022-06-30 12658596core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 12658596core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-06-30 12658596core:PreviouslyStatedAmount2023-06-30 12658596core:PreviouslyStatedAmount2022-06-30 12658596business:SmallEntities2022-07-012023-06-30 12658596countries:EnglandWales2022-07-012023-06-30 12658596core:PlantMachinery2022-07-012023-06-30 12658596core:MotorVehicles2022-07-012023-06-30 12658596core:FurnitureFittings2022-07-012023-06-30 12658596core:ComputerEquipment2022-07-012023-06-30 12658596core:ComputerEquipment2022-06-30 12658596core:ComputerEquipment2023-06-30 12658596business:Director112022-07-012023-06-30 12658596business:Director112022-06-30 12658596business:Director112023-06-30 126585962021-07-012022-06-30 iso4217:GBP xbrli:pure
Company Registration No. 12658596 (England and Wales)
SOL ENERGY LTD Unaudited accounts for the year ended 30 June 2023
SOL ENERGY LTD Unaudited accounts Contents
Page
- 2 -
SOL ENERGY LTD Company Information for the year ended 30 June 2023
Director
Andrew Prescott
Company Number
12658596 (England and Wales)
Registered Office
20-22 WENLOCK ROAD LONDON N1 7GU ENGLAND
Accountants
SME Advanced Accounting Ltd Rodney Chambers 40 Rodney Street Liverpool Merseyside L1 9AA
- 3 -
SOL ENERGY LTD Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,664 
2,320 
Current assets
Debtors
123 
- 
Cash at bank and in hand
1,448 
860 
1,571 
860 
Creditors: amounts falling due within one year
(3,063)
(8,375)
Net current liabilities
(1,492)
(7,515)
Net assets/(liabilities)
172 
(5,195)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
171 
(5,196)
Shareholders' funds
172 
(5,195)
For the year ending 30 June 2023 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 28 March 2024 and were signed on its behalf by
Andrew Prescott Director Company Registration No. 12658596
- 4 -
SOL ENERGY LTD Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
SOL ENERGY LTD is a private company, limited by shares, registered in England and Wales, registration number 12658596. The registered office is 20-22 WENLOCK ROAD, LONDON, N1 7GU, ENGLAND.
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
25% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
20% on cost
Computer equipment
25% on cost
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2022
3,094 
Additions
158 
At 30 June 2023
3,252 
Depreciation
At 1 July 2022
774 
Charge for the year
814 
At 30 June 2023
1,588 
Net book value
At 30 June 2023
1,664 
At 30 June 2022
2,320 
- 5 -
SOL ENERGY LTD Notes to the Accounts for the year ended 30 June 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
123 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
37 
Taxes and social security
2,601 
- 
Loans from directors
462 
8,338 
3,063 
8,375 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
The loans are unsecured, interest-free and repayable on demand
(8,338)
68,838 
60,962 
(462)
(8,338)
68,838 
60,962 
(462)
8
Transactions with related parties
The total value of services acquired from related parties during the accounting period was for management fees totalling £0 (2022: 9,886). The total value of services rendered to related parties during the accounting period was for commission fees totalling £24,958 (2022: 12,382).
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 6 -