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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
Page
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Soll Refinish Ltd Company Information for the year ended 31 May 2024
Director
Donatas Marcenka
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
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Soll Refinish Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
161,814 
41,715 
Current assets
Debtors
3,078 
4,328 
Cash at bank and in hand
91,351 
246,069 
94,429 
250,397 
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 
Capital and reserves
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
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Soll Refinish Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
25%
Motor vehicles
25%
Computer equipment
25%
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 
Depreciation
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 
Net book value
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 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,078 
4,328 
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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 
- 
VAT
(29,779)
(16,799)
Trade creditors
9,475 
- 
Taxes and social security
7,762 
128,240 
Loans from directors
72,811 
(53,315)
61,881 
58,126 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
(2,300)
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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