Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01truefalsefalsefalseNo description of principal activity11The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10603270 2023-01-01 2023-12-31 10603270 2022-01-01 2022-12-31 10603270 2023-12-31 10603270 2022-12-31 10603270 c:Director1 2023-01-01 2023-12-31 10603270 d:CurrentFinancialInstruments 2023-12-31 10603270 d:CurrentFinancialInstruments 2022-12-31 10603270 d:Non-currentFinancialInstruments 2023-12-31 10603270 d:Non-currentFinancialInstruments 2022-12-31 10603270 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 10603270 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 10603270 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 10603270 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 10603270 d:ShareCapital 2023-12-31 10603270 d:ShareCapital 2022-12-31 10603270 d:RetainedEarningsAccumulatedLosses 2023-12-31 10603270 d:RetainedEarningsAccumulatedLosses 2022-12-31 10603270 c:OrdinaryShareClass1 2023-01-01 2023-12-31 10603270 c:OrdinaryShareClass1 2023-12-31 10603270 c:OrdinaryShareClass1 2022-12-31 10603270 c:FRS102 2023-01-01 2023-12-31 10603270 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 10603270 c:FullAccounts 2023-01-01 2023-12-31 10603270 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10603270 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 10603270














SOLMED LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

 
SOLMED LTD
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 5


 
SOLMED LTD
REGISTERED NUMBER:10603270

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
11,478
11,478

Cash at bank and in hand
  
3,153
-

  
14,631
11,478

Current liabilities
  

Creditors: amounts falling due within one year
 5 
(1,740)
(4,974)

Net current assets
  
 
 
12,891
 
 
6,504

Creditors: amounts falling due after more than one year
 6 
(229,901)
(221,704)

  

Net liabilities
  
(217,010)
(215,200)


Capital and reserves
  

Called up share capital 
 7 
103
103

Profit and loss account
  
(217,113)
(215,303)

  
(217,010)
(215,200)


Page 1

 
SOLMED LTD
REGISTERED NUMBER:10603270
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

The Director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 6 September 2024.




Micheline Teboul
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
SOLMED LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Solmed Limited is a limited liability company registered in England and Wales. Its registered office address is at 3rd Floor 20-22 Berkeley Square, London, W1J 6EQ.
The principal activity of the Company during the year was that of an impact project Company in various sectors including healthcare and agricultural.  The Company is currently in it's early stages.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Company made a loss for the year and the balance sheet date has net liabilities. The Director have obtained assurance from the Shareholders that funds will be made available to the Company so that it will be able to carry on trading and meet its financial obligations as and when they fall due for at least twelve months from the date the accounts are approved. The accounts have been prepared under the going concern basis.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Debtors

2023
2022
£
£


Other debtors
11,478
11,478
Page 3

 
SOLMED LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.Debtors (continued)


11,478
11,478



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
-
2,310

Accruals and deferred income
1,740
2,664

1,740
4,974


Page 4

 
SOLMED LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other creditors
229,901
221,704



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



103 (2022 - 103) Ordinary shares of £1 each
103
103


 
Page 5