Company Registration No. 10204608 (England and Wales)
Soll Refinish Ltd
Unaudited accounts
for the year ended 31 May 2024
Soll Refinish Ltd
Unaudited accounts
Contents
Soll Refinish Ltd
Company Information
for the year ended 31 May 2024
Company Number
10204608 (England and Wales)
Registered Office
8 Stonegate Grove
Leeds
LS7 2TH
Accountants
Ruta Kisio FMAAT
Suite 2, Premier House
Newhold, Garforth
Leeds
West Yorkshire
LS25 2LD
Soll Refinish Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
161,814
41,715
Cash at bank and in hand
91,351
246,069
Creditors: amounts falling due within one year
(61,881)
(58,126)
Net current assets
32,548
192,271
Total assets less current liabilities
194,362
233,986
Creditors: amounts falling due after more than one year
-
2,300
Net assets
194,362
236,286
Profit and loss account
194,362
236,286
Shareholders' funds
194,362
236,286
For the year ending 31 May 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 his 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 2 June 2024 and were signed on its behalf by
Donatas Marcenka
Director
Company Registration No. 10204608
Soll Refinish Ltd
Notes to the Accounts
for the year ended 31 May 2024
Soll Refinish Ltd is a private company, limited by shares, registered in England and Wales, registration number 10204608. The registered office is 8 Stonegate Grove, Leeds, LS7 2TH.
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 year, 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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 June 2023
-
7,789
63,814
1,185
-
72,788
Additions
128,300
2,751
-
-
220
131,271
At 31 May 2024
128,300
10,540
63,814
1,185
220
204,059
At 1 June 2023
-
3,260
27,127
686
-
31,073
Charge for the year
-
1,820
9,172
125
55
11,172
At 31 May 2024
-
5,080
36,299
811
55
42,245
At 31 May 2024
128,300
5,460
27,515
374
165
161,814
At 31 May 2023
-
4,529
36,687
499
-
41,715
Amounts falling due within one year
Soll Refinish Ltd
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,612
-
Taxes and social security
7,762
128,240
Loans from directors
72,811
(53,315)
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).