1 June 2024 false No description of principal activity Taxfiler 2024.6 SC631739business:PrivateLimitedCompanyLtd2024-06-012025-04-30 SC6317392024-05-31 SC6317392024-06-012025-04-30 SC631739business:AuditExemptWithAccountantsReport2024-06-012025-04-30 SC631739business:FilletedAccounts2024-06-012025-04-30 SC6317392025-04-30 SC631739business:Director12024-06-012025-04-30 SC631739business:Director22024-06-012025-04-30 SC631739business:RegisteredOffice2024-06-012025-04-30 SC6317392024-05-31 SC631739core:WithinOneYear2025-04-30 SC631739core:WithinOneYear2024-05-31 SC631739core:AfterOneYear2025-04-30 SC631739core:AfterOneYear2024-05-31 SC631739core:ShareCapitalcore:PreviouslyStatedAmount2025-04-30 SC631739core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 SC631739core:SharePremiumcore:PreviouslyStatedAmount2025-04-30 SC631739core:SharePremiumcore:PreviouslyStatedAmount2024-05-31 SC631739core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-04-30 SC631739core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 SC631739core:PreviouslyStatedAmount2025-04-30 SC631739core:PreviouslyStatedAmount2024-05-31 SC631739business:SmallEntities2024-06-012025-04-30 SC631739countries:Scotland2024-06-012025-04-30 SC631739core:PlantMachinery2024-06-012025-04-30 SC631739core:FurnitureFittings2024-06-012025-04-30 SC631739core:ComputerEquipment2024-06-012025-04-30 SC631739core:PlantMachinery2024-05-31 SC631739core:MotorVehicles2024-05-31 SC631739core:FurnitureFittings2024-05-31 SC631739core:ComputerEquipment2024-05-31 SC631739core:MotorVehicles2024-06-012025-04-30 SC631739core:PlantMachinery2025-04-30 SC631739core:MotorVehicles2025-04-30 SC631739core:FurnitureFittings2025-04-30 SC631739core:ComputerEquipment2025-04-30 SC6317392023-06-012024-05-31 iso4217:GBP xbrli:pure
Company Registration No. SC631739 (Scotland)
Solariskit Ltd Unaudited accounts for the period from 1 June 2024 to 30 April 2025
Solariskit Ltd Unaudited accounts Contents
Page
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Solariskit Ltd Company Information for the period from 1 June 2024 to 30 April 2025
Directors
Dr. Faisal Ghani Mark Stephen Durrant
Company Number
SC631739 (Scotland)
Registered Office
Thorntons Law LLP Whitehall House 33 Yeaman Shore Dundee Angus DD1 4BJ Scotland
Accountants
Sleek Accounting Ltd 4th Floor 205 Regent Street London W1B 4HB
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Solariskit Ltd Statement of financial position as at 30 April 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
18,577 
34,862 
Current assets
Inventories
15,356 
46,610 
Debtors
36,186 
44,603 
Cash at bank and in hand
3,431 
29,023 
54,973 
120,236 
Creditors: amounts falling due within one year
(65,597)
(75,106)
Net current (liabilities)/assets
(10,624)
45,130 
Total assets less current liabilities
7,953 
79,992 
Creditors: amounts falling due after more than one year
(10,499)
- 
Net (liabilities)/assets
(2,546)
79,992 
Capital and reserves
Called up share capital
1 
1 
Share premium
459,924 
359,999 
Profit and loss account
(462,471)
(280,008)
Shareholders' funds
(2,546)
79,992 
For the period ending 30 April 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 2 August 2025 and were signed on its behalf by
Dr. Faisal Ghani Director Company Registration No. SC631739
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Solariskit Ltd Notes to the Accounts for the period from 1 June 2024 to 30 April 2025
1
Statutory information
Solariskit Ltd is a private company, limited by shares, registered in Scotland, registration number SC631739. The registered office is Thorntons Law LLP, Whitehall House, 33 Yeaman Shore, Dundee, Angus, DD1 4BJ, Scotland.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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:
Plant & machinery
4yr Straight Line
Fixtures & fittings
4yr Straight Line
Computer equipment
3yr Straight Line
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Solariskit Ltd Notes to the Accounts for the period from 1 June 2024 to 30 April 2025
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 June 2024
68,082 
6,195 
16,742 
11,496 
102,515 
Additions
655 
- 
- 
1,740 
2,395 
Disposals
- 
(6,195)
- 
- 
(6,195)
At 30 April 2025
68,737 
- 
16,742 
13,236 
98,715 
Depreciation
At 1 June 2024
42,017 
1,162 
14,772 
9,702 
67,653 
Charge for the period
10,447 
- 
1,730 
1,470 
13,647 
On disposals
- 
(1,162)
- 
- 
(1,162)
At 30 April 2025
52,464 
- 
16,502 
11,172 
80,138 
Net book value
At 30 April 2025
16,273 
- 
240 
2,064 
18,577 
At 31 May 2024
26,065 
5,033 
1,970 
1,794 
34,862 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
12,574 
10,522 
Trade debtors
23,479 
29,550 
Accrued income and prepayments
- 
3,473 
Other debtors
133 
1,058 
36,186 
44,603 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
17,500 
34,271 
Trade creditors
19,661 
20,907 
Taxes and social security
3,592 
2,609 
Other creditors
511 
12,440 
Loans from directors
16,494 
4,879 
Accruals
810 
- 
Deferred income
7,029 
- 
65,597 
75,106 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
10,499 
- 
8
Average number of employees
During the period the average number of employees was 4 (2024: 4).
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