SOLVENDO LTD

Company Registration Number:
09448820 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

SOLVENDO LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

SOLVENDO LTD

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Called up share capital not paid: 2 2
Fixed assets
Intangible assets: 3 75,544 45,282
Tangible assets: 4 45,702 46,909
Total fixed assets: 121,246 92,191
Current assets
Stocks: 622,866 445,335
Debtors:   15,640 191,805
Cash at bank and in hand: 339,254 117,096
Total current assets: 977,760 754,236
Creditors: amounts falling due within one year: 5 (582,741) (310,014)
Net current assets (liabilities): 395,019 444,222
Total assets less current liabilities: 516,267 536,415
Creditors: amounts falling due after more than one year: 6 (38,178) (82,919)
Total net assets (liabilities): 478,089 453,496
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 478,087 453,494
Shareholders funds: 478,089 453,496

The notes form part of these financial statements

SOLVENDO LTD

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 September 2025
and signed on behalf of the board by:

Name: James Bell
Status: Director

The notes form part of these financial statements

SOLVENDO LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

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: Fixtures & fittings 25%

Intangible fixed assets and amortisation policy

Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.

Other accounting policies

Work In Progress Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion. Research and development Expenditure on research and development is written off in the year in which it is incurred. Pension costs The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.

SOLVENDO LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 19 20

SOLVENDO LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 January 2024 53,376
Additions 48,741
At 31 December 2024 102,117
Amortisation
At 01 January 2024 8,094
Charge for year 18,479
At 31 December 2024 26,573
Net book value
At 31 December 2024 75,544
At 31 December 2023 45,282

SOLVENDO LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 120,811
Additions 38,659
At 31 December 2024 159,470
Depreciation
At 01 January 2024 73,902
Charge for year 39,866
At 31 December 2024 113,768
Net book value
At 31 December 2024 45,702
At 31 December 2023 46,909

SOLVENDO LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

Bank loans and overdrafts £125,140 £NIL VAT £96,675 £68,093 Trade creditors £53,921 £7,017 Taxes and social security £265,345 £195,919 Other creditors £41,660 £38,985

SOLVENDO LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due after more than one year note

Bank loans £2,881 £11,872 Other creditors £35,297 £71,047

SOLVENDO LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Related party transactions

Name of the related party:
Relationship:
Related Party Transactions
Description of the Transaction: During the financial year, the company engaged in transactions with related parties as defined under applicable accounting standards. These transactions were conducted in the ordinary course of business and were made on terms equivalent to those prevailing in arm’s length transactions.
£
Balance at 01 January 2024 71,047
Balance at 31 December 2024 35,297