SUB SALT SOLUTIONS LIMITED


Directors	RENTON, John Frederick Anthony
	SHAH, Koolesh Dhiru
	SHAH, Nikhil Koolesh
	WARNER, Michael Robert
	IP2IPO SERVICES LIMITED


Company Secretary	PENNSEC LIMITED


Registered Address	8-14 Talbot Square
	London
	W2 1TS


Registered Number	08839072 (England and Wales)

Balance Sheet as at
31 January 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		20,893		37,437
Tangible assets	4		4,359		2,727
			25,252		40,164
Current assets
Debtors		249,674		77,701
Cash at bank and on hand		651,739		1,268,008
		901,413		1,345,709
Creditors amounts falling due within one year	5	(86,087)		(264,926)
Net current assets (liabilities)			815,326		1,080,783
Total assets less current liabilities			840,578		1,120,947
Net assets			840,578		1,120,947
Capital and reserves
Called up share capital			257		257
Share premium			475,697		475,697
Profit and loss account			364,624		644,993
Shareholders' funds			840,578		1,120,947

The company was entitled to exemption from audit for this reporting period 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.
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 and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 25 October 2025, and are signed on its behalf by:

SHAH, Nikhil Koolesh
Director
Registered Company No. 08839072

SUB SALT SOLUTIONS LIMITED

Notes to the Financial Statements
for the year ended 31 January 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	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.

	Revenue from sale of goods
	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.

Revenue from sale of goods

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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Intangible assets are measured at cost. After initial recognition, intangible assets are measured at costs less any accumulated amortisation and any accumulated impairment losses. Patents and licences are being amortised evenly over their estimated useful life of 5 years.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	9		7

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 February 24	99,734	99,734
Additions	2,551	2,551
At 31 January 25	102,285	102,285
Amortisation and impairment
At 01 February 24	62,297	62,297
Charge for year	19,095	19,095
At 31 January 25	81,392	81,392
Net book value
At 31 January 25	20,893	20,893
At 31 January 24	37,437	37,437

4.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 February 24	7,029	7,029
Additions	2,665	2,665
At 31 January 25	9,694	9,694
Depreciation and impairment
At 01 February 24	4,302	4,302
Charge for year	1,033	1,033
At 31 January 25	5,335	5,335
Net book value
At 31 January 25	4,359	4,359
At 31 January 24	2,727	2,727

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	83,672	255,968
Bank borrowings and overdrafts	2,415	8,778
Accrued liabilities and deferred income	-	180
Total	86,087	264,926


	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.