1 March 2024 false No description of principal activity Taxfiler 2024.6 3715476business:PrivateLimitedCompanyLtd2024-03-012025-02-28 37154762024-02-29 37154762024-03-012025-02-28 3715476business:AuditExemptWithAccountantsReport2024-03-012025-02-28 3715476business:FilletedAccounts2024-03-012025-02-28 37154762025-02-28 3715476business:Director12024-03-012025-02-28 3715476business:RegisteredOffice2024-03-012025-02-28 37154762024-02-29 3715476core:WithinOneYear2025-02-28 3715476core:WithinOneYear2024-02-29 3715476core:AfterOneYear2025-02-28 3715476core:AfterOneYear2024-02-29 3715476core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-02-28 3715476core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 3715476core:PreviouslyStatedAmount2025-02-28 3715476core:PreviouslyStatedAmount2024-02-29 3715476business:SmallEntities2024-03-012025-02-28 3715476countries:EnglandWales2024-03-012025-02-28 3715476core:PlantMachinery2024-03-012025-02-28 3715476core:MotorVehicles2024-03-012025-02-28 3715476core:PlantMachinery2024-02-29 3715476core:MotorVehicles2024-02-29 3715476core:PlantMachinery2025-02-28 3715476core:MotorVehicles2025-02-28 37154762023-03-012024-02-29 iso4217:GBP xbrli:pure
Company Registration No. 3715476 (England and Wales)
Solidspeed Limited Unaudited accounts for the year ended 28 February 2025
Solidspeed Limited Unaudited accounts Contents
Page
- 2 -
Solidspeed Limited Company Information for the year ended 28 February 2025
Director
Gerald Caple
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
- 3 -
Solidspeed Limited Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
192,000 
162,449 
Current assets
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 
Capital and reserves
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
- 4 -
Solidspeed Limited Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
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.
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
18%
Motor vehicles
18%
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 
Additions
- 
58,792 
58,792 
At 28 February 2025
186,383 
103,792 
290,175 
Depreciation
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 
Net book value
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 
- 5 -
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).
- 6 -