SOLID PROPERTY LIMITED

Company Registration Number:
02865739 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

SOLID PROPERTY LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

SOLID PROPERTY LIMITED

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal activities of the company

The principal activity of the company for the period under review was: Property Ownership, Management and Rental of properties.



Directors

The director shown below has held office during the whole of the period from
1 January 2023 to 31 December 2023

MI NAFOUSI


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
30 March 2024

And signed on behalf of the board by:
Name: MI NAFOUSI
Status: Director

SOLID PROPERTY LIMITED

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 490,377 410,149
Gross profit(or loss): 490,377 410,149
Administrative expenses: ( 186,853 ) ( 185,685 )
Other operating income: 1,001 108
Operating profit(or loss): 304,525 224,572
Interest payable and similar charges: ( 178,815 ) ( 124,646 )
Profit(or loss) before tax: 125,710 99,926
Tax: ( 28,087 ) ( 18,881 )
Profit(or loss) for the financial year: 97,623 81,045

SOLID PROPERTY LIMITED

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 4,474,349 4,474,349
Total fixed assets: 4,474,349 4,474,349
Current assets
Cash at bank and in hand: 36,405 143,277
Total current assets: 36,405 143,277
Creditors: amounts falling due within one year: 4 ( 76,661 ) ( 78,070 )
Net current assets (liabilities): (40,256) 65,207
Total assets less current liabilities: 4,434,093 4,539,556
Creditors: amounts falling due after more than one year: 5 ( 2,900,000 ) ( 3,100,000 )
Provision for liabilities: ( 26,779 ) ( 26,491 )
Total net assets (liabilities): 1,507,314 1,413,065
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 1,506,314 1,412,065
Total Shareholders' funds: 1,507,314 1,413,065

The notes form part of these financial statements

SOLID PROPERTY LIMITED

Balance sheet statements

For the year ending 31 December 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 March 2024
and signed on behalf of the board by:

Name: MI NAFOUSI
Status: Director

The notes form part of these financial statements

SOLID PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

SOLID PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

SOLID PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 4,474,349 4,474,349
Additions 0 0
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 31 December 2023 4,474,349 4,474,349
Depreciation
At 1 January 2023 0 0
Charge for year 0 0
On disposals 0 0
Other adjustments 0 0
At 31 December 2023 0 0
Net book value
At 31 December 2023 4,474,349 4,474,349
At 31 December 2022 4,474,349 4,474,349

SOLID PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 36,815 48,109
Taxation and social security 28,087 18,881
Other creditors 11,759 11,080
Total 76,661 78,070

SOLID PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Other creditors 2,900,000 3,100,000
Total 2,900,000 3,100,000