REGISTERED NUMBER: 14683026 (England and Wales)

Unaudited Financial Statements

for the Period 1 March 2024 to 31 December 2024

for

Solar Salvage Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

L G D Johnson

REGISTERED OFFICE:

4 Charleswold Court

Thurlby Lane

Keyworth

Nottingham

NG12 5BS

REGISTERED NUMBER:

14683026 (England and Wales)

ACCOUNTANTS:

Tomkinson Teal (Lichfield) LLP

Hanover Court

5 Queen Street

Lichfield

Staffordshire

WS13 6QD

FIXED ASSETS

Tangible assets

4

51,329

61,118

Investments

5

100

-

51,429

61,118

CURRENT ASSETS

Stocks

-

320,573

Debtors

6

316,663

-

Cash at bank

99,702

142,406

416,365

462,979

CREDITORS

Amounts falling due within one year

7

(374,090

)

(470,637

)

NET CURRENT ASSETS/(LIABILITIES)

42,275

(7,658

)

TOTAL ASSETS LESS CURRENT LIABILITIES

93,704

53,460

PROVISIONS FOR LIABILITIES

(12,832

)

-

NET ASSETS

80,872

53,460

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

80,772

53,360

SHAREHOLDERS' FUNDS

80,872

53,460

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2025 and were signed by:

L G D Johnson - Director

1.	STATUTORY INFORMATION

Solar Salvage 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about Solar Salvage Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 March 2024

1,706

60,840

1,208

63,754

Additions

-

-

3,642

3,642

At 31 December 2024

1,706

60,840

4,850

67,396

DEPRECIATION

At 1 March 2024

67

2,535

34

2,636

Charge for period

206

12,148

1,077

13,431

At 31 December 2024

273

14,683

1,111

16,067

NET BOOK VALUE

At 31 December 2024

1,433

46,157

3,739

51,329

At 29 February 2024

1,639

58,305

1,174

61,118

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

100

At 31 December 2024

100

NET BOOK VALUE

At 31 December 2024

100

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

£

£

Amounts owed by group undertakings

316,663

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

£

£

Trade creditors

-

55

Taxation and social security

46,938

148,413

Other creditors

327,152

322,169

374,090

470,637

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2024

value:

£

£

100

Ordinary

£1

100

100