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Company Registration No. 14401373 (England and Wales)
Sol4r Energy Ltd Unaudited accounts for the period from 5 October 2022 to 31 December 2023
Sol4r Energy Ltd Unaudited accounts Contents
Page
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Sol4r Energy Ltd Company Information for the period from 5 October 2022 to 31 December 2023
Directors
Kveta Kubova Reeka Kataria
Company Number
14401373 (England and Wales)
Registered Office
Unit 5, 5 Sandiford Road Sutton SM3 9RN England
Accountants
Cooper Harland Limited Unit 1.21, Barking Enterprise Centre 50 Cambridge Road Barking Essex IG11 8FG
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Sol4r Energy Ltd for the period from 5 October 2022 to 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Sol4r Energy Ltd for the period from 5 October 2022 to 31 December 2023 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Sol4r Energy Ltd, as a body, in accordance with the terms of our engagement letter dated 1 July 2024. Our work has been undertaken solely to prepare for your approval the accounts of Sol4r Energy Ltd and state those matters that we have agreed to state to the Board of Directors of Sol4r Energy Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sol4r Energy Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Sol4r Energy Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Sol4r Energy Ltd. You consider that Sol4r Energy Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Sol4r Energy Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Cooper Harland Limited Chartered Certified Accountants Unit 1.21, Barking Enterprise Centre 50 Cambridge Road Barking Essex IG11 8FG 27 July 2024
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Sol4r Energy Ltd Statement of financial position as at 31 December 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
3,852 
Current assets
Debtors
117,511 
Cash at bank and in hand
619 
118,130 
Creditors: amounts falling due within one year
(53,581)
Net current assets
64,549 
Net assets
68,401 
Capital and reserves
Called up share capital
2 
Profit and loss account
68,399 
Shareholders' funds
68,401 
For the period ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 25 July 2024 and were signed on its behalf by
Kveta Kubova Director Company Registration No. 14401373
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Sol4r Energy Ltd Notes to the Accounts for the period from 5 October 2022 to 31 December 2023
1
Statutory information
Sol4r Energy Ltd is a private company, limited by shares, registered in England and Wales, registration number 14401373. The registered office is Unit 5, 5 Sandiford Road, Sutton, SM3 9RN, 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 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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%
Computer equipment
33%
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Sol4r Energy Ltd Notes to the Accounts for the period from 5 October 2022 to 31 December 2023
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 5 October 2022
- 
- 
- 
Additions
4,735 
450 
5,185 
At 31 December 2023
4,735 
450 
5,185 
Depreciation
Charge for the period
1,184 
149 
1,333 
At 31 December 2023
1,184 
149 
1,333 
Net book value
At 31 December 2023
3,551 
301 
3,852 
5
Debtors
2023 
£ 
Amounts falling due within one year
Trade debtors
117,511 
6
Creditors: amounts falling due within one year
2023 
£ 
VAT
(35,256)
Trade creditors
11,617 
Taxes and social security
19,261 
Other creditors
41,959 
Loans from directors
16,000 
53,581 
7
Share capital
2023 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
8
Average number of employees
During the period the average number of employees was 2.
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