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REGISTERED NUMBER: 14683026 (England and Wales)















Unaudited Financial Statements

for the Period

22 February 2023 to 29 February 2024

for

Solar Salvage Limited

Solar Salvage Limited (Registered number: 14683026)






Contents of the Financial Statements
for the Period 22 February 2023 to 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Solar Salvage Limited

Company Information
for the Period 22 February 2023 to 29 February 2024







DIRECTOR: L G D Johnson





REGISTERED OFFICE: 4 Charleswold Court
Thurlby Lane
Keyworth
Nottingham
NG12 5BS





REGISTERED NUMBER: 14683026 (England and Wales)





ACCOUNTANTS: Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD

Solar Salvage Limited (Registered number: 14683026)

Balance Sheet
29 February 2024

Notes £   
FIXED ASSETS
Tangible assets 4 61,118

CURRENT ASSETS
Stocks 320,573
Cash at bank 142,406
462,979
CREDITORS
Amounts falling due within one year 5 (470,637 )
NET CURRENT LIABILITIES (7,658 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

53,460

CAPITAL AND RESERVES
Called up share capital 6 100
Retained earnings 53,360
SHAREHOLDERS' FUNDS 53,460

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 February 2024 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 November 2024 and were signed by:





L G D Johnson - Director


Solar Salvage Limited (Registered number: 14683026)

Notes to the Financial Statements
for the Period 22 February 2023 to 29 February 2024

1. STATUTORY INFORMATION

Solar Salvage 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.

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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

Solar Salvage Limited (Registered number: 14683026)

Notes to the Financial Statements - continued
for the Period 22 February 2023 to 29 February 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
Additions 1,706 60,840 1,208 63,754
At 29 February 2024 1,706 60,840 1,208 63,754
DEPRECIATION
Charge for period 67 2,535 34 2,636
At 29 February 2024 67 2,535 34 2,636
NET BOOK VALUE
At 29 February 2024 1,639 58,305 1,174 61,118

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 55
Taxation and social security 148,413
Other creditors 322,169
470,637

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

100 Ordinary shares of £1 were issued during the period for cash of £ 100 .