REGISTERED NUMBER: 06736334 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025

FOR

THE SOLDER CONNECTION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Penfold

Mrs L F Penfold

SECRETARY:

Mrs L F Penfold

REGISTERED OFFICE:

Hill Farm Cottage

Woolaston

Woodside

Lydney

Gloucestershire

GL15 6PB

REGISTERED NUMBER:

06736334 (England and Wales)

ACCOUNTANTS:

Shiner Mitchell Fisher & Co Ltd

Smith House

George Street

Nailsworth

Stroud

Gloucestershire

GL6 0AG

FIXED ASSETS

Tangible assets

4

-

94,413

CURRENT ASSETS

Stocks

297,366

263,517

Debtors

5

1,319,303

1,296,146

Cash at bank

2,453,430

1,866,260

4,070,099

3,425,923

CREDITORS

Amounts falling due within one year

6

539,503

337,459

NET CURRENT ASSETS

3,530,596

3,088,464

TOTAL ASSETS LESS CURRENT LIABILITIES

3,530,596

3,182,877

PROVISIONS FOR LIABILITIES

-

21,479

NET ASSETS

3,530,596

3,161,398

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3,530,496

3,161,298

SHAREHOLDERS' FUNDS

3,530,596

3,161,398

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by:

M Penfold - Director

1.	STATUTORY INFORMATION

The Solder Connection 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 period was 12 (2023 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

250,000

Disposals

(250,000

)

At 31 March 2025

-

DEPRECIATION

At 1 January 2024

155,587

Eliminated on disposal

(155,587

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 December 2023

94,413

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.12.23

£

£

Trade debtors

359,460

242,757

Other debtors

959,843

1,053,389

1,319,303

1,296,146

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.12.23

£

£

Trade creditors

318,923

239,757

Taxation and social security

165,006

49,187

Other creditors

55,574

48,515

539,503

337,459

7.	RELATED PARTY DISCLOSURES

8.	ULTIMATE CONTROLLING PARTY

The Company was controlled throughout the current year by its directors, Mr & Mrs Penfold who,between them, own 100% of the ordinary share capital.