for the Period Ended 30 April 2024
Company Information - 3 | |
Report of the Directors - 4 | |
Profit and Loss Account - 5 | |
Balance sheet - 6 | |
Footnotes to the Balance Sheet - 8 |
for the Period Ended 30 April 2024
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The directors present their report with the financial statements of the company for the period ended 30 April 2024
Principal Activities
Political and charitable donations
Additional information
Principle Activities Soloman Management is a provider of business administrative services to the private sector. Accounting Policies The principal accounting policies are outlined in the notes to the account. Going Concern The financial statement accompanying this report have been prepared on a going concern basis as, having made appropriate enquiries, the directors have a reasonable expectation that the company have adequate resources to continue in operational existence for the foreseeable future. Charitable Contributions We provide donations to Christian ministries around the world and organisations supporting persecuted Christians as well as supporting orphanage in Israel. Credit Risk The company manages the credit risk on customer receivables by utilising appropriate references. Share Capital There were no changes to the Company’s share capital between 1st May 2023 and 30 April 2024. Directors There was no change in directors during the period. Governance The company is committed to maintaining high standards of governance; the board considers that it has complied throughout the period with principles of good governance and code of best practice. Creditors Payment Policy Soloman Management intends to continue its policy of agreeing terms of payment prior to commencing trade with a supplier and to pay in accordance with those terms. Statement of Directors Responsibility The directors are required by English company law to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the company as at the end of the financial year and of the profit or loss of the company for that period. The directors confirm that suitable accounting policies have been used and consistently applied, and reasonable and prudent judgements and estimates have been made in the preparation of the financial statements for the period ended 30th April 2024. The directors also confirm that applicable accounting standards have been followed and that the financial statements have been prepared on the going concern basis. The directors are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Directors
The directors shown below have held office during the whole of the period from 01 May 2023 to 30 April 2024
This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
for the Period Ended 30 April 2024
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Total assets less current liabilities: |
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Total net assets (liabilities): |
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This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 April 2024
for the Period Ended 30 April 2024