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REGISTERED NUMBER: 08198283 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

SOL ECOSYSTEM LTD

SOL ECOSYSTEM LTD (REGISTERED NUMBER: 08198283)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SOL ECOSYSTEM LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTOR: Hon T C Lewin





SECRETARY: Mark Law Registrars Limited





REGISTERED OFFICE: 6 Red Barn Mews
Battle
East Sussex
TN33 0AG





REGISTERED NUMBER: 08198283 (England and Wales)





ACCOUNTANTS: MVL Business Services
A trading name of Xynamo 5 Limited
6 Red Barn Mews
Battle
East Sussex
TN33 0AG

SOL ECOSYSTEM LTD (REGISTERED NUMBER: 08198283)

BALANCE SHEET
30 SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 436,264 472,381

CURRENT ASSETS
Debtors 5 13,699 13,699

CREDITORS
Amounts falling due within one year 6 7,457 5,745
NET CURRENT ASSETS 6,242 7,954
TOTAL ASSETS LESS CURRENT
LIABILITIES

442,506

480,335

CREDITORS
Amounts falling due after more than one year 7 2,369,900 2,540,191
NET LIABILITIES (1,927,394 ) (2,059,856 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (1,927,494 ) (2,059,956 )
SHAREHOLDERS' FUNDS (1,927,394 ) (2,059,856 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

SOL ECOSYSTEM LTD (REGISTERED NUMBER: 08198283)

BALANCE SHEET - continued
30 SEPTEMBER 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 director and authorised for issue on 29 October 2024 and were signed by:





Hon T C Lewin - Director


SOL ECOSYSTEM LTD (REGISTERED NUMBER: 08198283)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. STATUTORY INFORMATION

Sol Ecosystem Ltd 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.

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.

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).

SOL ECOSYSTEM LTD (REGISTERED NUMBER: 08198283)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 October 2022
and 30 September 2023 1,353,352
PROVISIONS
At 1 October 2022 880,971
Provision for year 36,117
At 30 September 2023 917,088
NET BOOK VALUE
At 30 September 2023 436,264
At 30 September 2022 472,381

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 13,500 13,500
Other debtors 199 199
13,699 13,699

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors (1 ) 57
Other creditors 7,458 5,688
7,457 5,745

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 2,369,900 2,540,191

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 1,810,877 1,983,567