Registration number: 15417318

Synth Solar Ltd

Contents

Company Information	1
Directors' Report	2
Abridged Balance Sheet	3 to 4
Notes to the Unaudited Abridged Financial Statements	5 to 9

Synth Solar Ltd

Company Information

Directors

M A Lines T Elvidge

Registered office

11 Aden Grove London N16 9NP

Synth Solar Ltd

Directors' Report for the Period from 16 January 2024 to 31 January 2025

The directors present their report and the abridged financial statements for the period from 16 January 2024 to 31 January 2025.

Incorporation

The company was incorporated and commenced trading on 16 January 2024.

Directors of the company

The directors who held office during the period were as follows:

M A Lines (appointed 16 January 2024)

T Elvidge (appointed 16 January 2024)

Principal activity

The principal activity of the company is solar panel installation.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 21 July 2025 and signed on its behalf by:
 

......................................... M A Lines Director

Synth Solar Ltd

(Registration number: 15417318)
Abridged Balance Sheet as at 31 January 2025

	Note	2025 £
Fixed assets
Intangible assets	5	2,797
Tangible assets	6	363
		3,160
Current assets
Stocks	7	2,000
Debtors		4,012
Cash at bank and in hand		53,104
		59,116
Prepayments and accrued income		3,892
Creditors: Amounts falling due within one year	8.1	(93,634)
Net current liabilities		(30,626)
Total assets less current liabilities		(27,466)
Accruals and deferred income		(1,320)
Net liabilities		(28,786)
Capital and reserves
Called up share capital		2
Retained earnings		(28,788)
Shareholders' deficit		(28,786)

For the financial period ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period 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 relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet and have elected to take the option not to file the Profit and Loss Account in accordance with Section 444 of the Companies Act 2006

Synth Solar Ltd

(Registration number: 15417318)
Abridged Balance Sheet as at 31 January 2025

Approved and authorised by the Board on 21 July 2025 and signed on its behalf by:
 

.........................................

M A Lines

Director

Synth Solar Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 16 January 2024 to 31 January 2025

1	General information

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

The address of its registered office is:
11 Aden Grove
London
N16 9NP
England

These financial statements were authorised for issue by the Board on 21 July 2025.

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 abridged 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 abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Synth Solar Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 16 January 2024 to 31 January 2025

Asset class	Depreciation method and rate
Computer equipment	4 year straight line

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Other intangible assets	5 year straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Synth Solar Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 16 January 2024 to 31 January 2025

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 1 (2024 - 1).

4	Loss/profit before tax

Arrived at after charging/(crediting)

	2025 £
Depreciation expense	8
Amortisation expense	468

Synth Solar Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 16 January 2024 to 31 January 2025

5	Intangible assets

	Total £
Cost or valuation
Additions acquired separately	3,265
At 31 January 2025	3,265
Amortisation
Amortisation charge	468
At 31 January 2025	468
Carrying amount
At 31 January 2025	2,797

6	Tangible assets

	Other tangible assets £	Total £
Cost or valuation
Additions	371	371
At 31 January 2025	371	371
Depreciation
Charge for the period	8	8
At 31 January 2025	8	8
Carrying amount
At 31 January 2025	363	363

7

Stocks

	2025 £
Raw materials and consumables	2,000

8

Creditors

Creditors: amounts falling due within one year

Synth Solar Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 16 January 2024 to 31 January 2025

Current loans and borrowings

	2025 £
Amounts owed to directors	71,329

During the year, Mr T Elvidge, a director, made the following advancements to the company: £30,051.82. The following repayments by the company were made: £NIL. At the year end, the company owes Mr Thomas Elvidge £30,051.82. This balance has been included in liabilities at the year end. No interest has been charged and the amount owed is repayable on demand.

During the year, Mr M Lines, a director, made the following advancements to the company: £41,276.99. The following repayments by the company were made: £NIL. At the year end, the company owes Mr Max Lines £41,276.99. This balance has been included in liabilities at the year end. No interest has been charged and the amount owed is repayable on demand.