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REGISTERED NUMBER: 08422461 (England and Wales)


















SouleTech Limited

Unaudited Financial Statements

for the Year Ended 28 February 2025






SouleTech Limited (Registered number: 08422461)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SouleTech Limited

Company Information
for the Year Ended 28 February 2025







DIRECTORS: Dr P Soule
Mrs J Soule





REGISTERED OFFICE: Elmbrook
Patch Elm Lane
Rangeworthy
BS37 7LU





REGISTERED NUMBER: 08422461 (England and Wales)





ACCOUNTANTS: AMS Accountancy Limited
Delta 606
Welton Road
Delta Office Park
Swindon
Wiltshire
SN5 7XF

SouleTech Limited (Registered number: 08422461)

Balance Sheet
28 February 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 7,472 4,354

CURRENT ASSETS
Debtors 5 17,120 5,310
Cash at bank 22,694 28,355
39,814 33,665
CREDITORS
Amounts falling due within one year 6 (15,722 ) (30,419 )
NET CURRENT ASSETS 24,092 3,246
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,564

7,600

CAPITAL AND RESERVES
Called up share capital 7 10 10
Retained earnings 31,554 7,590
SHAREHOLDERS' FUNDS 31,564 7,600

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SouleTech Limited (Registered number: 08422461)

Balance Sheet - continued
28 February 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 August 2025 and were signed on its behalf by:




Dr P Soule - Director



Mrs J Soule - Director


SouleTech Limited (Registered number: 08422461)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

SouleTech Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

SouleTech Limited (Registered number: 08422461)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 March 2024 - 836 8,813 9,649
Additions 1,113 - 6,667 7,780
At 28 February 2025 1,113 836 15,480 17,429
DEPRECIATION
At 1 March 2024 - 209 5,086 5,295
Charge for year 223 209 4,230 4,662
At 28 February 2025 223 418 9,316 9,957
NET BOOK VALUE
At 28 February 2025 890 418 6,164 7,472
At 29 February 2024 - 627 3,727 4,354

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 17,120 5,310

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 214 158
Taxation and social security 13,780 27,052
Other creditors 1,728 3,209
15,722 30,419

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
10 Ordinary £1 10 10

SouleTech Limited (Registered number: 08422461)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2025 and 29 February 2024:

2025 2024
£    £   
Dr P Soule
Balance outstanding at start of year 2,658 8,434
Amounts advanced 13,330 -
Amounts repaid - (5,776 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 15,988 2,658