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REGISTERED NUMBER: 13120795 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Solis Ortus Limited

Solis Ortus Limited (Registered number: 13120795)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Solis Ortus Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: S Hall
Mrs L Hall





REGISTERED OFFICE: Vivenda
Itchenor
Chichester
PO20 7AE





REGISTERED NUMBER: 13120795 (England and Wales)





ACCOUNTANTS: Charles Stewart & Co Limited
Chartered Accountants
3 Park Square
Leeds
LS1 2NE

Solis Ortus Limited (Registered number: 13120795)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 68,100 90,090
Investments 5 3,041,152 3,378,611
3,109,252 3,468,701

CURRENT ASSETS
Debtors 6 45,013 15,200
Cash at bank 66,506 23,050
111,519 38,250
CREDITORS
Amounts falling due within one year 7 3,464,115 3,580,109
NET CURRENT LIABILITIES (3,352,596 ) (3,541,859 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(243,344

)

(73,158

)

PROVISIONS FOR LIABILITIES 8 15,629 -
NET LIABILITIES (258,973 ) (73,158 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Fair value reserve 10 (561,179 ) (150,321 )
Retained earnings 10 302,106 77,063
SHAREHOLDERS' FUNDS (258,973 ) (73,158 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Solis Ortus Limited (Registered number: 13120795)

Balance Sheet - continued
31 December 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2024 and were signed on its behalf by:





S Hall - Director


Solis Ortus Limited (Registered number: 13120795)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Solis Ortus Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Solis Ortus Limited (Registered number: 13120795)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2023 160,160 - 160,160
Additions - 799 799
At 31 December 2023 160,160 799 160,959
DEPRECIATION
At 1 January 2023 70,070 - 70,070
Charge for year 22,523 266 22,789
At 31 December 2023 92,593 266 92,859
NET BOOK VALUE
At 31 December 2023 67,567 533 68,100
At 31 December 2022 90,090 - 90,090

5. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST OR VALUATION
At 1 January 2023 3,378,611
Additions 473,701
Disposals (802,559 )
Revaluations (58,652 )
Dividends received 50,051
At 31 December 2023 3,041,152
NET BOOK VALUE
At 31 December 2023 3,041,152
At 31 December 2022 3,378,611

Cost or valuation at 31 December 2023 is represented by:

Unlisted
investments
£   
Valuation in 2022 3,378,611
Valuation in 2023 (337,459 )
3,041,152

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 3,175,743 3,527,949

Solis Ortus Limited (Registered number: 13120795)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 45,013 15,200

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 26,450 2,462
VAT 10,040 4,087
Directors' current accounts 3,425,925 3,572,560
Accrued expenses 1,700 1,000
3,464,115 3,580,109

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 15,629 -

Deferred
tax
£   
Provided during year 15,629
Balance at 31 December 2023 15,629

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
20 Management £1 20 20
40 Preferred Ordinary £1 40 40
40 Deferred Ordinary £1 40 40
100 100

10. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 January 2023 77,063 (150,321 ) (73,258 )
Profit for the year 225,043 225,043
Increase in investments - 472,977 472,977
Decrease in investments - (883,835 ) (883,835 )
At 31 December 2023 302,106 (561,179 ) (259,073 )

Solis Ortus Limited (Registered number: 13120795)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

11. ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of the director.