Company Registration No. 3715476 (England and Wales)
Solidspeed Limited
Unaudited accounts
for the year ended 28 February 2025
Solidspeed Limited
Unaudited accounts
Contents
Solidspeed Limited
Company Information
for the year ended 28 February 2025
Company Number
3715476 (England and Wales)
Registered Office
138 TOWN STREET
STANNINGLEY
LEEDS
LS28 6ER
Accountants
Michael Upton and Co
138 Town
Stanningley
Pudsey
West Yorkshire
LS28 6ER
Solidspeed Limited
Statement of financial position
as at 28 February 2025
Tangible assets
192,000
162,449
Cash at bank and in hand
71,123
94,992
Creditors: amounts falling due within one year
-
(5,759)
Net current assets
71,123
89,233
Total assets less current liabilities
263,123
251,682
Creditors: amounts falling due after more than one year
(55,782)
(55,782)
Net assets
207,341
195,900
Profit and loss account
207,341
195,900
Shareholders' funds
207,341
195,900
For the year ending 28 February 2025 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 18 March 2025 and were signed on its behalf by
Gerald Caple
Director
Company Registration No. 3715476
Solidspeed Limited
Notes to the Accounts
for the year ended 28 February 2025
Solidspeed Limited is a private company, limited by shares, registered in England and Wales, registration number 3715476. The registered office is 138 TOWN STREET, STANNINGLEY, LEEDS, LS28 6ER.
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
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2024
186,383
45,000
231,383
At 28 February 2025
186,383
103,792
290,175
At 1 March 2024
48,746
20,188
68,934
Charge for the year
24,775
4,466
29,241
At 28 February 2025
73,521
24,654
98,175
At 28 February 2025
112,862
79,138
192,000
At 29 February 2024
137,637
24,812
162,449
5
Creditors: amounts falling due within one year
2025
2024
Proposed dividends
-
5,759
Solidspeed Limited
Notes to the Accounts
for the year ended 28 February 2025
6
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
55,782
55,782
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).