Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-31truetrue22023-09-01falseActivities of other holding companies not elsewhere classified2 12786080 2023-09-01 2024-08-31 12786080 2022-09-01 2023-08-31 12786080 2024-08-31 12786080 2023-08-31 12786080 c:Director1 2023-09-01 2024-08-31 12786080 d:CurrentFinancialInstruments 2024-08-31 12786080 d:CurrentFinancialInstruments 2023-08-31 12786080 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 12786080 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 12786080 d:ShareCapital 2024-08-31 12786080 d:ShareCapital 2023-08-31 12786080 d:RetainedEarningsAccumulatedLosses 2024-08-31 12786080 d:RetainedEarningsAccumulatedLosses 2023-08-31 12786080 c:OrdinaryShareClass1 2023-09-01 2024-08-31 12786080 c:OrdinaryShareClass1 2024-08-31 12786080 c:OrdinaryShareClass2 2023-09-01 2024-08-31 12786080 c:OrdinaryShareClass2 2024-08-31 12786080 c:OrdinaryShareClass3 2023-09-01 2024-08-31 12786080 c:OrdinaryShareClass3 2024-08-31 12786080 c:EntityHasNeverTraded 2023-09-01 2024-08-31 12786080 c:FRS102 2023-09-01 2024-08-31 12786080 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 12786080 c:FullAccounts 2023-09-01 2024-08-31 12786080 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12786080 6 2023-09-01 2024-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12786080









SOLPARK LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
SOLPARK LIMITED
REGISTERED NUMBER: 12786080

STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2024


2024

2023
Note
£
£
£
£

Fixed assets
  

Investments
 4 
1,165,042
1,165,042

Current assets
  

Debtors: amounts falling due within one year
 5 
22,800
22,800

Cash at bank and in hand
 6 
3,382
3,382

  
26,182
26,182

Creditors: amounts falling due within one year
 7 
(1,191,128)
(1,191,128)

Net current liabilities
  
 
 
(1,164,946)
 
 
(1,164,946)

Net assets
  
96
96


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
(4)
(4)

  
96
96


Page 1

 
SOLPARK LIMITED
REGISTERED NUMBER: 12786080
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 AUGUST 2024

For the year ended 31 August 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the Statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 January 2025.




N Parkinson
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
SOLPARK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Solpark Limited is a company limited by shares, incorporated in England and Wales. The address of the registered office is 3 Brook Business Centre, Cowley Mill Road, Uxbridge, Middlesex, UB8 2FX.
The company is a holding company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The company, and its subsidiaries in the UK, qualify as a small group as set out in section 383 of the companies Act 2006 and are considered eligible for the exemption to prepare consolidated accounts. These financial statements therefore present information about the Company as an individual undertaking and not about its group.

 
2.2

Going concern

The financial statements are prepared on a going concern basis, despite the balance sheet showing net current liabilities of £1,164,946 (2023 - £1,164,946) including amounts owed to a subsidiary of £1,191,128 (2023 - £1,191,128). The subsidiary has confirmed that it will not seek repayment of its debt until such time that the company is able to do so, and that it will continue to support the company to pay any debts as they fall due for a period of not less than 12 months from the Statement of financial position date. As such, the directors believe that there are no significant uncertainties in their assessment of whether the business is a going concern and therefore have prepared the accounts on a going concern basis.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
SOLPARK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost


At 1 September 2023
1,165,042



At 31 August 2024
1,165,042





5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
22,800
22,800

22,800
22,800



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
3,382
3,382

3,382
3,382



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
1,191,128
1,191,128

1,191,128
1,191,128


Page 4

 
SOLPARK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



167 Ordinary A shares of £0.10 each
16.70
16.70
166 Ordinary B shares of £0.10 each
16.60
16.60
667 Ordinary C shares of £0.10 each
66.70
66.70

100.00

100.00

The Ordinary A £0.10 shares, Ordinary B £0.10 shares and Ordinary C £0.10 shares are separate classes of shares for the purpose of declaration of dividends. The declaration of a dividend in respect of one class of share shall not compel a dividend at the same rate to be declared in respect of the other class of shares. The Ordinary A £0.10 shares, Ordinary B £0.10 shares and Ordinary C £0.10 shares rank pari passu in all other respects.



9.


Related party transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.


10.


Controlling party

The ultimate controlling party of the company is P A Solari by virtue of his majority shareholding in the company.

Page 5