SEMI-PERMEABLE SOLUTIONS LTD 05250025 that of a consultancy and investment company. false 1 November 2022 05250025 2022-11-01 2023-10-31 05250025 2022-10-31 05250025 2023-10-31 05250025 2021-11-01 2022-10-31 05250025 2021-10-31 05250025 2022-10-31 05250025 frs102-bus:FRS102 2022-11-01 2023-10-31 05250025 frs102-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 05250025 frs102-bus:FullAccounts 2022-11-01 2023-10-31 05250025 frs102-bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 05250025 frs102-core:CurrentFinancialInstruments 2023-10-31 05250025 frs102-core:CurrentFinancialInstruments 2022-10-31 05250025 frs102-core:ShareCapital 2023-10-31 05250025 frs102-core:ShareCapital 2022-10-31 05250025 frs102-core:OtherReservesSubtotal 2023-10-31 05250025 frs102-core:OtherReservesSubtotal 2022-10-31 05250025 frs102-core:RetainedEarningsAccumulatedLosses 2023-10-31 05250025 frs102-core:RetainedEarningsAccumulatedLosses 2022-10-31 05250025 frs102-bus:Director1 2022-11-01 2023-10-31 05250025 frs102-bus:OrdinaryShareClass1 2023-10-31 05250025 frs102-bus:OrdinaryShareClass1 2022-10-31 05250025 frs102-bus:OrdinaryShareClass1 2022-11-01 2023-10-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
05250025
SEMI-PERMEABLE SOLUTIONS LTD
Unaudited Accounts
for the year ended
31 October 2023
SEMI-PERMEABLE SOLUTIONS LTD
Balance Sheet
as at 31 October 2023
Notes
2023
£
2022
£
Fixed assets
Investments 322,935 320,154
322,935 320,154
Current assets
Cash at bank and in hand 3,520 4,309
3,520 4,309
Creditors: amounts falling due within one year (304,466) (303,266)
Net current assets / (liabilities) (300,946) (298,957)
Total assets less current liabilities 21,989 21,197
Provisions for liabilities (0) (0)
Accruals and deferred income (668) (0)
Total net assets (liabilities) 21,321 21,197
Capital and reserves
Called up share capital 3 100 100
Other reserves 99,900 99,900
Profit and loss account (78,679) (78,803)
Shareholders' funds 21,321 21,197

SEMI-PERMEABLE SOLUTIONS LTD
Balance Sheet
as at 31 October 2023



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 October 2023 the company was entitled to exemption 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.

Signed on behalf of the board of directors

...............................

Mr. L Purcell

Director


Approved by the board on 18 July 2024

Company Number: 05250025 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

61 Bridge Street
Kington
HR5 3DJ

SEMI-PERMEABLE SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 October 2023

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Going concern basis
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed. The only revenue in the company currently are gains on revaluation
Investment property
Investment property is included at fair value, with any gains recognised in the profit and loss account for the period in which they occurred. Deferred tax is recognised on these gains at the rate expected to apply when the property is sold.
Stocks
Stocks are valued at the lower of cost and net realisable value after taking into account costs of completion and sale. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. The amount of any write-down to net realisable value, and all losses of stock, are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down is recognised as a reduction in the amount of stock expensed in the period in which the reversal occurs.
Foreign currencies
Transactions in foreign currencies other than the functional currency of the company are recorded at the rate of exchange on the date the transaction occurred. Monetary assets and liabilities in foreign currencies are translated at the rates prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items measured at historic cost in a foreign currency are recorded at that historic value.
Valuation information and policy
Investments and loans are stated at historical cost, and this is also considered to be fair value in the opinion of the directors
2. Employees
2023 2022
Average number of employees during the period 0 0

3. Share capital
2023 2022
£ £
Allotted, called up and fully paid:
100 (2022: 100) Ordinary shares of £1.00 each 100 100
100 100

4. Other information

A reserve was created to compensate for accumulated losses.