Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 07739377 Mrs Vania Casini Mr Andrea Mauro Bruno Quadranti true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07739377 2023-08-31 07739377 2024-08-31 07739377 2023-09-01 2024-08-31 07739377 frs-core:CurrentFinancialInstruments 2024-08-31 07739377 frs-core:ShareCapital 2024-08-31 07739377 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 07739377 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 07739377 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 07739377 frs-bus:SmallEntities 2023-09-01 2024-08-31 07739377 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 07739377 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 07739377 1 2023-09-01 2024-08-31 07739377 frs-core:CostValuation 2023-08-31 07739377 frs-core:CostValuation 2024-08-31 07739377 frs-core:ProvisionsForImpairmentInvestments 2023-08-31 07739377 frs-core:ProvisionsForImpairmentInvestments 2024-08-31 07739377 frs-bus:Director1 2023-09-01 2024-08-31 07739377 frs-countries:EnglandWales 2023-09-01 2024-08-31 07739377 2022-08-31 07739377 2023-08-31 07739377 2022-09-01 2023-08-31 07739377 frs-core:CurrentFinancialInstruments 2023-08-31 07739377 frs-core:ShareCapital 2023-08-31 07739377 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 07739377
Solar Energy Technology Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Adbell International Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 07739377
2024 2023
Notes
FIXED ASSETS
Investments 4 50 50
50 50
CURRENT ASSETS
Debtors 5 20,671 20,856
20,671 20,856
NET CURRENT ASSETS (LIABILITIES) 20,671 20,856
TOTAL ASSETS LESS CURRENT LIABILITIES 20,721 20,906
NET ASSETS 20,721 20,906
CAPITAL AND RESERVES
Called up share capital 6 125 125
Profit and Loss Account 20,596 20,781
SHAREHOLDERS' FUNDS 20,721 20,906
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 her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Vania Casini
Director
27/05/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Solar Energy Technology Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07739377 . The registered office is Birchin Court, 20 Birchin lane, London, EC3V 9DJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset , with the net amounts presented in the financial statements , when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
2.3. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.4. Foreign currencies
Assets and liabilities in foreign currencies are translated into euro at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into euro at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
2.5. Investments
Fixed asset investments are stated at cost less provision for diminution in value.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
Page 2
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4. Investments
Other
Cost
As at 1 September 2023 50
As at 31 August 2024 50
Provision
As at 1 September 2023 -
As at 31 August 2024 -
Net Book Value
As at 31 August 2024 50
As at 1 September 2023 50
The company has a 2% share in a partnership namely the Solar Energy Technology partnership.The share of the loss in the partnership for the year amounts to €185 (2023: €602). The share of net assets in the partnership amounts to €20,596 (2023: €20,781).
5. Debtors
2024 2023
Due within one year
Other debtors 20,546 20,731
Called up share capital not paid 125 125
20,671 20,856
6. Share Capital
2024 2023
Called Up Share Capital not Paid 125 125
Amount of Allotted, Called Up Share Capital 125 125
Allotted and issued 100 ordinary shares in £1 nominal value each.
7. Ultimate Controlling Party
The company's ultimate controlling party is Mr Andrea Mauro Bruno Quadranti by virtue of his ownership of 100% of the issued share capital in the company.
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