Company Registration No. 5351185 (England and Wales)
SOLOR LIMITED
Unaudited accounts
for the period from 1 March 2023 to 28 February 2024
SOLOR LIMITED
Unaudited accounts
Contents
SOLOR LIMITED
Company Information
for the period from 1 March 2023 to 28 February 2024
Director
Makgoadi Makgoba-Turpin
Company Number
5351185 (England and Wales)
Registered Office
54A LOTS ROAD
LONDON
SW10 0QD
Accountants
Faxon Consulting Ltd
85 Great Portland Street
London
W1W 7LT
SOLOR LIMITED
Statement of financial position
as at 28 February 2024
Cash at bank and in hand
219,077
132,230
Creditors: amounts falling due within one year
(102,746)
18,020
Net current assets
116,331
150,250
Total assets less current liabilities
116,431
150,350
Provisions for liabilities
Other provisions
(80,000)
(80,000)
Called up share capital
1
1
Profit and loss account
36,430
70,349
Shareholders' funds
36,431
70,350
For the period ending 28 February 2024 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 July 2024 and were signed on its behalf by
Makgoadi Makgoba-Turpin
Director
Company Registration No. 5351185
SOLOR LIMITED
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
SOLOR LIMITED is a private company, limited by shares, registered in England and Wales, registration number 5351185. The registered office is 54A LOTS ROAD, LONDON, SW10 0QD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
3,552
1,600
5,152
At 28 February 2024
3,552
1,600
5,152
At 1 March 2023
3,552
1,500
5,052
At 28 February 2024
3,552
1,500
5,052
At 28 February 2024
-
100
100
At 28 February 2023
-
100
100
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
112,169
-
Taxes and social security
6,313
8,661
Other creditors
-
(12,734)
Loans from directors
(15,736)
(18,000)
SOLOR LIMITED
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
6
Average number of employees
During the period the average number of employees was 3 (2023: 1).