1 July 2023 false No description of principal activity Taxfiler 2024.6 05014688business:PrivateLimitedCompanyLtd2023-07-012024-06-30 050146882023-06-30 050146882023-07-012024-06-30 05014688business:AuditExemptWithAccountantsReport2023-07-012024-06-30 05014688business:FilletedAccounts2023-07-012024-06-30 050146882024-06-30 05014688business:Director12023-07-012024-06-30 05014688business:CompanySecretary12023-07-012024-06-30 05014688business:RegisteredOffice2023-07-012024-06-30 050146882023-06-30 05014688core:WithinOneYear2024-06-30 05014688core:WithinOneYear2023-06-30 05014688core:ShareCapitalcore:PreviouslyStatedAmount2024-06-30 05014688core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 05014688core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 05014688core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 05014688core:PreviouslyStatedAmount2024-06-30 05014688core:PreviouslyStatedAmount2023-06-30 05014688business:SmallEntities2023-07-012024-06-30 05014688countries:EnglandWales2023-07-012024-06-30 05014688core:PlantMachinery2023-07-012024-06-30 05014688core:PlantMachinery2023-06-30 05014688core:PlantMachinery2024-06-30 050146882022-07-012023-06-30 iso4217:GBP xbrli:pure
Company Registration No. 05014688 (England and Wales)
Solvexx Solutions Ltd Unaudited accounts for the year ended 30 June 2024
Solvexx Solutions Ltd Unaudited accounts Contents
Page
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Solvexx Solutions Ltd Company Information for the year ended 30 June 2024
Director
Thomas Robert TURNER
Secretary
Keith Desmond TURNER
Company Number
05014688 (England and Wales)
Registered Office
WINTON HOUSE WINTON SQUARE BASINGSTOKE HAMPSHIRE RG21 8EN United Kingdom
Accountants
Cranleys Chartered Accountants Winton House Winton Square Basingstoke Hampshire RG21 8EN
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Solvexx Solutions Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,363 
4,767 
Current assets
Debtors
10,074 
7,317 
Cash at bank and in hand
90,878 
57,473 
100,952 
64,790 
Creditors: amounts falling due within one year
(21,087)
(3,563)
Net current assets
79,865 
61,227 
Net assets
83,228 
65,994 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
83,128 
65,894 
Shareholders' funds
83,228 
65,994 
For the year ending 30 June 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 3 March 2025 and were signed on its behalf by
Thomas Robert TURNER Director Company Registration No. 05014688
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Solvexx Solutions Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Solvexx Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 05014688. The registered office is WINTON HOUSE, WINTON SQUARE, BASINGSTOKE, HAMPSHIRE, RG21 8EN, United Kingdom.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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% reducing balancing
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 July 2023
25,803 
At 30 June 2024
25,803 
Depreciation
At 1 July 2023
21,036 
Charge for the year
1,404 
At 30 June 2024
22,440 
Net book value
At 30 June 2024
3,363 
At 30 June 2023
4,767 
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Solvexx Solutions Ltd Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,562 
5,763 
Other debtors
512 
1,554 
10,074 
7,317 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
16,508 
- 
Loans from directors
4,579 
3,563 
21,087 
3,563 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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