I AM SOLAR LTD

Company Registration Number:
SC493681 (Scotland)

Unaudited abridged accounts for the year ended 30 December 2023

Period of accounts

Start date: 31 December 2022

End date: 30 December 2023

I AM SOLAR LTD

Contents of the Financial Statements

for the Period Ended 30 December 2023

Balance sheet
Notes

I AM SOLAR LTD

Balance sheet

As at 30 December 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 650,000 520,696
Investments:   0 0
Total fixed assets: 650,000 520,696
Current assets
Stocks: 525,000 355,825
Debtors:   45,000 545,650
Cash at bank and in hand: 145,000 105,000
Investments:   0 0
Total current assets: 715,000 1,006,475
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 715,000 1,006,475
Total assets less current liabilities: 1,365,000 1,527,171
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 1,365,000 1,527,171
Capital and reserves
Called up share capital: 12 12
Share premium account: 0 65,934
Revaluation reserve:4129,3040
Other reserves: 610,684 1,006,475
Profit and loss account: 625,000 454,750
Shareholders funds: 1,365,000 1,527,171

The notes form part of these financial statements

I AM SOLAR LTD

Balance sheet statements

For the year ending 30 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 01 October 2024
and signed on behalf of the board by:

Name: James Caughey
Status: Director

The notes form part of these financial statements

I AM SOLAR LTD

Notes to the Financial Statements

for the Period Ended 30 December 2023

1. Accounting policies

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

I AM SOLAR LTD

Notes to the Financial Statements

for the Period Ended 30 December 2023

2. Employees

2023 2022
Average number of employees during the period 4 8

I AM SOLAR LTD

Notes to the Financial Statements

for the Period Ended 30 December 2023

3. Tangible Assets

Total
Cost £
At 31 December 2022 520,696
Additions 129,304
Disposals 0
Revaluations 0
Transfers 0
At 30 December 2023 650,000
Depreciation
At 31 December 2022 0
Charge for year 0
On disposals 0
Other adjustments 0
At 30 December 2023 0
Net book value
At 30 December 2023 650,000
At 30 December 2022 520,696

I AM SOLAR LTD

Notes to the Financial Statements

for the Period Ended 30 December 2023

4. Revaluation reserve

2023
£
Balance at 31 December 2022 0
Surplus or deficit after revaluation 129,304
Balance at 30 December 2023 129,304