SOLIDUM SOLICITORS LIMITED - Filleted accounts

Registered number

10241291

SOLIDUM SOLICITORS LIMITED

Filleted Accounts

28 February 2025

SOLIDUM SOLICITORS LIMITED
Registered number:		10241291
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		17,719			20,542

Current assets
Debtors	4	215,983			87,691
Cash at bank and in hand		1,329,276			590,810
		1,545,259			678,501

Creditors: amounts falling due within one year	5	(1,404,821)			(654,289)

Net current assets			140,438			24,212

Total assets less current liabilities			158,157			44,754

Creditors: amounts falling due after more than one year	6		(28,639)			(33,882)



Net assets			129,518			10,872

Capital and reserves
Called up share capital			10,000			10,000
Profit and loss account			119,518			872

Shareholders' funds			129,518			10,872

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Paulinus Puvindran Masilamany
Director
Approved by the board on 7 October 2025

SOLIDUM SOLICITORS LIMITED
Notes to the Accounts
for the year ended 28 February 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% reducing balance
	Fixtures, fittings, tools and equipment	15% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			8		7


3	Tangible fixed assets
		Plant and machinery etc		Furniture and Fixtures		Total
£			£		£
	Cost
	At 1 March 2024	8,384		55,493		63,877
	Additions	700		-		700
	At 28 February 2025	9,084		55,493		64,577

	Depreciation
	At 1 March 2024	5,715		37,620		43,335
	Charge for the year	842		2,681		3,523
	At 28 February 2025	6,557		40,301		46,858

	Net book value
	At 28 February 2025	2,527		15,192		17,719
	At 29 February 2024	2,669		17,873		20,542


4	Debtors			2025		2024
£					£

	Trade debtors			143,150		30,594
	Other debtors			72,833		57,097
				215,983		87,691


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Taxation and social security costs			101,907		32,284
	Directors' current accounts			61,700		-
	Client trust account liabilities			1,225,634		561,177
	Other creditors			15,580		60,828
				1,404,821		654,289


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			28,639		33,882


7	Controlling party

	The company is controlled by its director who owns 100% of the company's share capital.


8	Other information

	SOLIDUM SOLICITORS LIMITED is a private company limited by shares and incorporated in England. Its registered office is: 316 Northolt Road, Harrow HA2 8EE.