Company Registration No. 12803899 (England and Wales)
Sorlietech Ltd
Unaudited accounts
for the year ended 31 August 2024
Sorlietech Ltd
Unaudited accounts
Contents
Sorlietech Ltd
Company Information
for the year ended 31 August 2024
Company Number
12803899 (England and Wales)
Registered Office
Suite A
82 James Carter Road
Mildenhall
IP28 7DE
United Kingdom
Sorlietech Ltd
Statement of financial position
as at 31 August 2024
Intangible assets
36,300
42,350
Tangible assets
280,122
385,166
Inventories
247,814
183,553
Cash at bank and in hand
87,290
65,900
Creditors: amounts falling due within one year
(291,439)
(292,145)
Net current assets
280,516
139,884
Net assets
596,938
567,400
Called up share capital
1
1
Profit and loss account
596,937
567,399
Shareholders' funds
596,938
567,400
For the year ending 31 August 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 1 September 2024 and were signed on its behalf by
Shahwaiz Tariq
Director
Company Registration No. 12803899
Sorlietech Ltd
Notes to the Accounts
for the year ended 31 August 2024
Sorlietech Ltd is a private company, limited by shares, registered in England and Wales, registration number 12803899. The registered office is Suite A, 82 James Carter Road, Mildenhall, IP28 7DE, 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.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 1 September 2023
60,500
At 1 September 2023
18,150
Sorlietech Ltd
Notes to the Accounts
for the year ended 31 August 2024
5
Tangible fixed assets
Plant & machinery
At 1 September 2023
700,298
At 1 September 2023
315,132
Charge for the year
105,044
Amounts falling due within one year
Trade debtors
236,851
182,576
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
25,475
27,639
Taxes and social security
14,579
15,835
Other creditors
103,548
105,621
Loans from directors
89,264
85,648
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).