Acorah Software Products - Accounts Production 15.0.600 false true true false 30 September 2024 4 May 2023 31 December 2023 31 December 2023 14846071 Mr Michal Trochimczuk Mr Marcin Pluta Sollers Holding SP. Z0.0 Koszykowa 54, 00-675 Warsaw, Poland. true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14846071 2023-05-03 14846071 2023-12-31 14846071 2023-05-04 2023-12-31 14846071 frs-core:CurrentFinancialInstruments 2023-12-31 14846071 frs-core:BetweenOneFiveYears 2023-12-31 14846071 frs-core:WithinOneYear 2023-12-31 14846071 frs-core:ShareCapital 2023-12-31 14846071 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 14846071 frs-bus:PrivateLimitedCompanyLtd 2023-05-04 2023-12-31 14846071 frs-bus:FilletedAccounts 2023-05-04 2023-12-31 14846071 frs-bus:SmallEntities 2023-05-04 2023-12-31 14846071 frs-bus:Audited 2023-05-04 2023-12-31 14846071 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-04 2023-12-31 14846071 1 2023-05-04 2023-12-31 14846071 frs-bus:Director1 2023-05-04 2023-12-31 14846071 frs-bus:Director2 2023-05-04 2023-12-31 14846071 frs-countries:EnglandWales 2023-05-04 2023-12-31
Registered number: 14846071
Sollers Consulting Information Technology Limited
Financial Statements
For the Period 4 May 2023 to 31 December 2023
E. H. Taylors
203 London Road
Hadleigh
Benfleet
Essex
SS7 2RD
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 14846071
31 December 2023
Notes £ £
CURRENT ASSETS
Debtors 4 52,512
Cash at bank and in hand 120,993
173,505
Creditors: Amounts Falling Due Within One Year 5 (51,273 )
NET CURRENT ASSETS (LIABILITIES) 122,232
TOTAL ASSETS LESS CURRENT LIABILITIES 122,232
NET ASSETS 122,232
CAPITAL AND RESERVES
Called up share capital 6 200,000
Profit and Loss Account (77,768 )
SHAREHOLDERS' FUNDS 122,232
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Marcin Pluta
Director
30th September 2024
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Sollers Consulting Information Technology Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14846071 . The registered office is 203 London Road, Hadleigh, Essex, SS7 2RD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The company continues to seek trading activity in the UK and overseas and has been provided assurances from the parent – Sollers Holding SP. ZO.O -  that they will continue their support for at least 12 months from the date of these accounts or until the company is able to generate sufficient sales to be able to operate and maintain itself financially going forward without having to rely on continued support from the group, if sooner.
2.3. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
Page 2
Page 3
4. Debtors
31 December 2023
£
Due within one year
Prepayments and accrued income 10,302
Deferred tax current asset 23,346
VAT 18,864
52,512
5. Creditors: Amounts Falling Due Within One Year
31 December 2023
£
Trade creditors 41,369
Other creditors 2,010
Accruals and deferred income 7,894
51,273
6. Share Capital
31 December 2023
£
Allotted, Called up and fully paid 200,000
7. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
31 December 2023
£
Not later than one year 44,641
Later than one year and not later than five years 137,717
182,358
8. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to assist with the preparation of the financial statements.
9. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Sollers Holding SP. Z0.0 . Sollers Holding SP. Z0.0 was incorporated in Poland. Copies of the group accounts may be obtained from the secretary, Koszykowa 54, 00-675 Warsaw, Poland. . The ultimate controlling party is Sollers Holding SP. Z0.0 who controls 100% of the shares of Sollers Consulting Information Technology Limited .
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Page 4
10. Audit Information
The auditors report on the account of Sollers Consulting Information Technology Limited for the period ended 31 December 2023 was unqualified
The auditor's report was signed by Jeffrey Stanley FCA (Senior Statutory Auditor) for and on behalf of Mudd Partners LLP , Statutory Auditor
Mudd Partners LLP
Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ
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