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REGISTERED NUMBER: 09788026 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SOLVERLINK LIMITED

SOLVERLINK LIMITED (REGISTERED NUMBER: 09788026)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SOLVERLINK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: P G Atherton
C E Menzies
S L Rowe
C E Widdows





REGISTERED OFFICE: Unit 1.1, Paintworks
Bath Road
Bristol
BS4 3EH





REGISTERED NUMBER: 09788026 (England and Wales)





ACCOUNTANTS: Lawes & Co
Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU

SOLVERLINK LIMITED (REGISTERED NUMBER: 09788026)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 311
Investments 5 - 404,170
- 404,481

CURRENT ASSETS
Debtors 6 369 582
Cash at bank 39,276 24,622
39,645 25,204
CREDITORS
Amounts falling due within one year 7 39,645 417,569
NET CURRENT LIABILITIES - (392,365 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

-

12,116

PROVISIONS FOR LIABILITIES - 34,537
NET LIABILITIES - (22,421 )

CAPITAL AND RESERVES
Called up share capital 8 500 500
Retained earnings (500 ) (22,921 )
SHAREHOLDERS' FUNDS - (22,421 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SOLVERLINK LIMITED (REGISTERED NUMBER: 09788026)

BALANCE SHEET - continued
31 DECEMBER 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 March 2025 and were signed on its behalf by:





P G Atherton - Director


SOLVERLINK LIMITED (REGISTERED NUMBER: 09788026)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Solverlink Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern
The financial accounts have been prepared on a going concern basis due to the continued support of the directors and other group companies.

SOLVERLINK LIMITED (REGISTERED NUMBER: 09788026)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2024 6,257 23,178 29,435
Additions 123 5,841 5,964
Disposals (6,380 ) (29,019 ) (35,399 )
At 31 December 2024 - - -
DEPRECIATION
At 1 January 2024 6,257 22,867 29,124
Eliminated on disposal (6,257 ) (22,867 ) (29,124 )
At 31 December 2024 - - -
NET BOOK VALUE
At 31 December 2024 - - -
At 31 December 2023 - 311 311

5. FIXED ASSET INVESTMENTS
Other
investme
£   
COST
At 1 January 2024 404,170
Disposals (404,170 )
At 31 December 2024 -
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 404,170

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Other debtors 369 582

SOLVERLINK LIMITED (REGISTERED NUMBER: 09788026)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Taxation and social security 36,598 -
Other creditors 3,047 417,569
39,645 417,569

8. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
4,000 Ordinary £0.10 400 400
1,000 A Ordinary £0.10 100 100
500 500

9. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £3,048 (2023: £415,956) to Ignition DG Limited. Ignition DG Limited is an associated company with directors in common.

At the balance sheet date, the company owed £Nil (2023: £113) to The Istoria Group Limited, a company with significant control over the entity.

Unless otherwise stated, all transactions were conducted under normal market conditions.

During the year, £113 of the loan owed to The Istoria Group Limited and £16,226 of the loan owed to Ignition DG Limited were written off.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P G Atherton.