Solus 31 Limited 05114828 true 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is that of a dormant company. Digita Accounts Production Advanced 6.30.9574.0 true A D Hill J D Hill false 05114828 2024-01-01 2024-12-31 05114828 2024-12-31 05114828 core:ShareCapital 2024-12-31 05114828 core:CurrentFinancialInstruments 2024-12-31 05114828 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 05114828 bus:FRS102 2024-01-01 2024-12-31 05114828 bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 05114828 bus:FullAccounts 2024-01-01 2024-12-31 05114828 bus:RegisteredOffice 2024-01-01 2024-12-31 05114828 bus:CompanySecretaryDirector1 2024-01-01 2024-12-31 05114828 bus:Director1 2024-01-01 2024-12-31 05114828 bus:EntityNoLongerTradingButTradedInPast 2024-01-01 2024-12-31 05114828 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05114828 core:OtherRelatedParties 2024-01-01 2024-12-31 05114828 1 2024-01-01 2024-12-31 05114828 countries:EnglandWales 2024-01-01 2024-12-31 05114828 2023-12-31 05114828 core:ShareCapital 2023-12-31 05114828 core:CurrentFinancialInstruments 2023-12-31 05114828 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 iso4217:GBP

Registration number: 05114828

Solus 31 Limited

Unaudited Financial Statements

for the Year Ended 31 December 2024

 

Solus 31 Limited

(Registration number: 05114828)
Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Current assets

 

Debtors

3

1

1

Capital and reserves

 

Called up share capital

1

1

Shareholders' funds

 

1

1

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 3 June 2025 and signed on its behalf by:
 

.........................................
A D Hill
Director

 

Solus 31 Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Solus 31
Motherwell Way
West Thurrock
Essex
RM20 3LB

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The company was dormant throughout the current and previous year.

Share capital

Ordinary shares are classified as equity.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments.
 Recognition and measurement
Basic financial instruments are recognised at amortised cost.
 

3

Debtors

2024
£

2023
£

Amounts owed by group undertakings

1

1

1

1

 

Solus 31 Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

4

Related party transactions

Summary of transactions with other related parties

The company has provided a guarantee of £11,360,909 (2023 - £8,231,473) in respect of group company bank borrowings.

5

Parent and ultimate parent undertaking

The company's immediate parent is Motherwell Holdings Limited, incorporated in England and Wales.

 The most senior parent entity producing publicly available financial statements is Motherwell Holdings Limited.

The ultimate controlling party is A D Hill.