Company registration number: 08139464
Unaudited financial statements
for the year ended 31 July 2024
for
Soloway Limited
Pages for filing with the Registrar
Company registration number: 08139464
Soloway Limited
Balance sheet
as at 31 July 2024
2024 2023
Note £ £ £ £
Fixed assets
Intangible assets 4 1 1
1 1
Current assets
Debtors 38,562 38,562
38,562 38,562
Net current assets 38,562 38,562
Total assets less current liabilities 38,563 38,563
Creditors: Amounts falling due after more
than one year
(38,562) (38,562)
NET ASSETS 1 1
Capital and reserves
Called up share capital 1 1
TOTAL EQUITY 1 1
The company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies for the year ended 31 July 2024.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 08139464
Soloway Limited
Balance sheet - continued
as at 31 July 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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 31 August 2024 and signed on its behalf by:
Mr O Smith, Director
31 August 2024
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Soloway Limited
Notes to the financial statements
for the year ended 31 July 2024
1 Company information
Soloway Limited is a private company registered in England and Wales. Its registered number is 08139464. The company is limited by shares. Its registered office is Eckington Business Centre, 62 Market Street, Sheffield, South Yorkshire, S21 4JH.
2 Accounting policies
Basis of preparing the financial statements
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. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill -
3 Average number of employees
During the year the average number of employees was 3 (2023 - 3).
4 Intangible assets
Goodwill
£
Cost
At 1 August 2023 1
At 31 July 2024 1
3
Soloway Limited
Notes to the financial statements - continued
for the year ended 31 July 2024
4 Intangible assets - continued
Amortisation
At 31 July 2024 -
Net book value
At 31 July 2024 1
At 31 July 2023 1
5 Goodwill
Goodwill of £1 is one £1 Ordinary Share Purchased in the company Soloway Limited in Barbados.
6 Company Information
This company, Soloway Limited, owns 100% of the Ordinary Share Capital in a company registered in Barbados also named Soloway Limited.



Soloway Limited in Barbados owns a residential property Fixed Asset, with a current value in the region of £775,000 to £825,000.


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