SOLOMON FATHERS LTD

Company Registration Number:
14691108 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 27 February 2023

End date: 28 February 2024

SOLOMON FATHERS LTD

Contents of the Financial Statements

for the Period Ended 28 February 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

SOLOMON FATHERS LTD

Company Information

for the Period Ended 28 February 2024




Director: Salman Enferadi
Registered office: Bartle House, Oxford Court, Manchester
Bartle House, Oxford Court
Manchester
England
M2 3WQ
Company Registration Number: 14691108 (England and Wales)

SOLOMON FATHERS LTD

Directors' Report Period Ended 28 February 2024

The directors present their report with the financial statements of the company for the period ended 28 February 2024

Principal Activities

The company's principal activity during the period was doing research on investment strategies, such as technical analysis.

Political and charitable donations

N/A

Company policy on the employment of disabled persons

No employees were hired.

Additional information

Through the director's self-assessment, Solomon Fathers Ltd., a start-up looking into market strategies, reported its turnover to HMRC during this filing period.

Directors

The director(s) shown below were appointed to the company during the period
Salman Enferadi
27 February 2023

This report was approved by the board of directors on 15 January 2025
And Signed On Behalf Of The Board By:

Name: Salman Enferadi
Status: Director

SOLOMON FATHERS LTD

Profit and Loss Account

for the Period Ended 28 February 2024


Notes

2024
£
Turnover 40
Cost of sales ( 0 )
Gross Profit or (Loss) 40
Income from coronavirus (COVID-19) business support grants 0
Distribution Costs ( 0 )
Administrative Expenses ( 0 )
Other operating income 0
Operating Profit or (Loss) 40
Interest Receivable and Similar Income 0
Interest Payable and Similar Charges ( 0 )
Profit or (Loss) Before Tax 40
Tax on Profit ( 0 )
Profit or (Loss) for Period 40

The notes form part of these financial statements

SOLOMON FATHERS LTD

Balance sheet

As at 28 February 2024


Notes

2024
£
Fixed assets
Intangible assets: 4 501
Total fixed assets: 501
Current assets
Cash at bank and in hand: 40
Total current assets: 40
Net current assets (liabilities): 40
Total assets less current liabilities: 541
Total net assets (liabilities): 541

The notes form part of these financial statements

SOLOMON FATHERS LTD

Balance sheet continued

As at 28 February 2024


Notes

2024
£
Capital and reserves
Called up share capital: 501
Profit and loss account: 40
Shareholders funds: 541

For the year ending 28 February 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 15 January 2025
And Signed On Behalf Of The Board By:

Name: Salman Enferadi
Status: Director

The notes form part of these financial statements

SOLOMON FATHERS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    I only made £40 as part of testing my market's strategy during this period.

    Tangible fixed assets depreciation policy

    N/A

    Intangible fixed assets amortisation policy

    The total shares I counted as intagibel assets.

    Valuation information and policy

    14 Sep 2023 Statement of capital following an allotment of shares on 14 September 2023
    GBP 500

    27 Feb 2023 Incorporation
    Statement of capital on 2023-02-27
    GBP 1

    Other accounting policies

    14 Sep 2023 Statement of capital following an allotment of shares on 14 September 2023 GBP 500 27 Feb 2023 Incorporation Statement of capital on 2023-02-27 GBP 1

SOLOMON FATHERS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees


    2024
    Average number of employees during the period 0

    Only the director (founder) was hired and completed the self-assessment and used it to announce the turnover.

SOLOMON FATHERS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 3. Off balance sheet disclosure

    No

SOLOMON FATHERS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Intangible assets

Other Total
Cost £ £
Additions 1 1
Disposals - -
Revaluations 500 500
Transfers - -
At 28 February 2024 501 501
Amortisation
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 28 February 2024 - -
Net book value
Net book value at 28 February 2024 501 501

27 Feb 2023
Incorporation
Statement of capital on 2023-02-27
GBP 1

14 Sep 2023 Statement of capital following an allotment of shares
Class of Shares: ORDINARY
Currency: GBP
Number allotted 1
Aggregate nominal value: 500