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REGISTERED NUMBER: 13096603 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Soliba Investments Ltd

Soliba Investments Ltd (Registered number: 13096603)






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


Soliba Investments Ltd

Company Information
for the year ended 31 December 2024







DIRECTORS: Mrs A E L Ramirez
A S Mazzotta





SECRETARY: Vistra Cosec Limited





REGISTERED OFFICE: Suite 1, 7th Floor
50 Broadway
London
SW1H 0BL





REGISTERED NUMBER: 13096603 (England and Wales)





ACCOUNTANTS: Equiom (Scotland)
15a Harbour Road
Inverness
INVERNESS-SHIRE
IV1 1SY

Soliba Investments Ltd (Registered number: 13096603)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes €    €   
FIXED ASSETS
Investments 5 38,183 38,183

CURRENT ASSETS
Debtors 6 99,512 28,804
Cash in hand 6,257 281,689
105,769 310,493
CREDITORS
Amounts falling due within one year 7 (5,964 ) (195,874 )
NET CURRENT ASSETS 99,805 114,619
TOTAL ASSETS LESS CURRENT
LIABILITIES

137,988

152,802

CAPITAL AND RESERVES
Called up share capital 8 10,968 10,968
Retained earnings 127,020 141,834
SHAREHOLDERS' FUNDS 137,988 152,802

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.

Soliba Investments Ltd (Registered number: 13096603)

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 25 March 2025 and were signed on its behalf by:




A S Mazzotta - Director



Mrs A E L Ramirez - Director


Soliba Investments Ltd (Registered number: 13096603)

Notes to the Financial Statements
for the year ended 31 December 2024

1. STATUTORY INFORMATION

The principal activity of Soliba Investments Ltd is that of an investment holding company.

The company is a private company limited by shares and incorporated in the UK. Its registered office is Suite 1, 7th Floor 50 Broadway, London, SW1H 0BL. The company’s registered number is 13096603.

The financial statements are presented in Euro, which is the functional currency of the company.

The company has no employees.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements are prepared on a going concern basis, under the historical cost convention.

General revenue

General revenue is accounted for on a receivable basis.

Investment income

Investment income is accounted for on a receivable basis.

Interest income

Interest income is accounted for on a receivable basis.

Expenses

Expenses are recognised on an accruals basis.

Foreign Currency

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the statement of comprehensive income.

Taxation


Soliba Investments Ltd (Registered number: 13096603)

Notes to the Financial Statements - continued
for the year ended 31 December 2024
Taxation expense where applicable comprises current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income.

Foreign currencies
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are regognised in the statement of comprehensive income.

Unquoted investments
Unquoted investments are stated at cost. Any surplus or deficit arising on the disposal of investments is transferred to the statement of comprehensive income.

4. EMPLOYEES AND DIRECTORS

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

5. FIXED ASSET INVESTMENTS

31.12.24 31.12.23
Brought forward and carried forward 38,183 38,183

Analysed as:
D-Click Inc 4,109 4,109
Logidis Ltd 5 5
Global Computing Limited 29,998 29,998
BITS - Best IT Services Limited 4,071 4,071

38,183 38,183

The company owns 5% of the share capital in each of the unquoted investments listed above.

Soliba Investments Ltd (Registered number: 13096603)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.2431.12.23

Loan receivable:
BITS - Best IT Services Ltd-150
D-Click Inc7,8627,862
Global Computing Ltd16,28516,285
Shareholder loan70,289-
Expenses466-
Prepayments4,6104,507

99,51228,804

The loans receivable are unsecured, interest free and repayable on demand.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.2431.12.23

Loans payable:
Shareholder loan-189,348
BITS - Best IT Services Ltd4,6644,526
Other creditors and accruals1,3002,000

5,964195,874

The Shareholder loan is unsecured, interest free and repayable on demand.

8. CALLED UP SHARE CAPITAL

31.12.24 31.12.23

Ordinary shares of £100 each
Allotted, called up and fully paid

At 1 January and at 31 December 10,968 10,968

31.12.24 31.12.23

Authorised £10,000 £10,000