SOLUTIONS ARE LOOMING LIMITED

Company Registration Number:
12731265 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

SOLUTIONS ARE LOOMING LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Notes

SOLUTIONS ARE LOOMING LIMITED

Balance sheet

As at 31 July 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 55,982 58,048
Total fixed assets: 55,982 58,048
Current assets
Stocks: 12,000 12,000
Debtors:   321,855 279,235
Cash at bank and in hand: 238,854 477,938
Total current assets: 572,709 769,173
Creditors: amounts falling due within one year:   (300,985) (496,842)
Net current assets (liabilities): 271,724 272,331
Total assets less current liabilities: 327,706 330,379
Provision for liabilities: (13,730) (15,382)
Total net assets (liabilities): 313,976 314,997
Capital and reserves
Called up share capital: 4 3
Profit and loss account: 313,972 314,994
Shareholders funds: 313,976 314,997

The notes form part of these financial statements

SOLUTIONS ARE LOOMING LIMITED

Balance sheet statements

For the year ending 31 July 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 November 2024
and signed on behalf of the board by:

Name: J Fethon
Status: Director

The notes form part of these financial statements

SOLUTIONS ARE LOOMING LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SOLUTIONS ARE LOOMING LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

2. Employees

2024 2023
Average number of employees during the period 11 21

SOLUTIONS ARE LOOMING LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible Assets

Total
Cost £
At 01 August 2023 106,598
Additions 22,995
At 31 July 2024 129,593
Depreciation
At 01 August 2023 48,550
Charge for year 25,061
At 31 July 2024 73,611
Net book value
At 31 July 2024 55,982
At 31 July 2023 58,048