System Store Solutions Holdings Limited 13759766 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is holding of investment. Digita Accounts Production Advanced 6.30.9574.0 true false false 13759766 2024-01-01 2024-12-31 13759766 2024-12-31 13759766 core:CurrentFinancialInstruments 2024-12-31 13759766 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 13759766 bus:SmallEntities 2024-01-01 2024-12-31 13759766 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 13759766 bus:FilletedAccounts 2024-01-01 2024-12-31 13759766 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13759766 bus:RegisteredOffice 2024-01-01 2024-12-31 13759766 bus:Director1 2024-01-01 2024-12-31 13759766 bus:Director2 2024-01-01 2024-12-31 13759766 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13759766 bus:Agent1 2024-01-01 2024-12-31 13759766 core:Subsidiary1 2024-01-01 2024-12-31 13759766 core:Subsidiary1 1 2024-01-01 2024-12-31 13759766 core:Subsidiary1 2 2024-01-01 2024-12-31 13759766 countries:EnglandWales 2024-01-01 2024-12-31 13759766 core:CostValuation 2023-12-31 13759766 2023-01-01 2023-12-31 13759766 2023-12-31 13759766 core:CurrentFinancialInstruments 2023-12-31 13759766 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 13759766 core:Subsidiary1 1 2023-01-01 2023-12-31 13759766 core:Subsidiary1 2 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registration number: 13759766

System Store Solutions Holdings Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2024

System Store Solutions Holdings Limited

Contents

Company Information | 1
Accountants' Report | 2
Statement of Financial Position | 3
Notes to the Unaudited Financial Statements | 4 to 8

System Store Solutions Holdings Limited

Company Information

Directors | M D Price K Loukil

Registered office | D S House 306 High Street Croydon Surrey CR0 1NG

Accountants | DSK Partners LLP Chartered AccountantsD S House 306 High Street Croydon Surrey CR0 1NG

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
System Store Solutions Holdings Limited
for the Year Ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of System Store Solutions Holdings Limited for the year ended 31 December 2024 as set out on pages 3 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of System Store Solutions Holdings Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of System Store Solutions Holdings Limited and state those matters that we have agreed to state to the Board of Directors of System Store Solutions Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than System Store Solutions Holdings Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that System Store Solutions Holdings Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of System Store Solutions Holdings Limited. You consider that System Store Solutions Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of System Store Solutions Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
DSK Partners LLP
Chartered Accountants
D S House
306 High Street
Croydon
Surrey
CR0 1NG

14 November 2025

System Store Solutions Holdings Limited

(Registration number: 13759766)
Statement of Financial Position as at 31 December 2024

| Note | 2024 £ | 2023 £
Fixed assets |  |  |
Investments | 4 | 1,013,044 | 1,013,044
Current assets |  |  |
Debtors | 5 | 64,000 | -
Creditors: Amounts falling due within one year | 6 | (23,778) | (246,290)
Net current assets/(liabilities) |  | 40,222 | (246,290)
Net assets |  | 1,053,266 | 766,754
Capital and reserves |  |  |
Called up share capital |  | 120 | 120
Retained earnings |  | 1,053,146 | 766,634
Shareholders' funds |  | 1,053,266 | 766,754

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 14 November 2025 and signed on its behalf by:

M D Price Director | K Loukil Director |

System Store Solutions Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
D S House
306 High Street
Croydon
Surrey
CR0 1NG
England

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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

Preparation of consolidated financial statements

The financial statements contain information about System Store Solutions Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company has taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements..

System Store Solutions Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

2 | Accounting policies (continued)

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
Investments in subsidiary undertakings are recognised at cost.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

System Store Solutions Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

2 | Accounting policies (continued)

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities, or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

System Store Solutions Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

4 | Investments

| 2024 £ | 2023 £
Investments in subsidiaries | 1,013,044 | 1,013,044

Subsidiaries | £
Cost or valuation
At 1 January 2024 | 1,013,044
Provision
Carrying amount
At 31 December 2024 | 1,013,044
At 31 December 2023 | 1,013,044

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking | Registered office | Holding | Proportion of voting rights and shares held
|  |  | 2024 | 2023
Subsidiary undertakings
System Store Solutions Limited | 306 High Street Croydon Surrey CR0 1NG England and Wales | Ordinary A Shares Ordinary A2 Shares | 100% 100% | 100% 100%

Subsidiary undertakings
System Store Solutions Limited The principal activity of System Store Solutions Limited is providing storage systems. The profit for the financial period of System Store Solutions Limited was £485,480 and the aggregate amount of Capital and reserves at the end of the period was £144,090.

System Store Solutions Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

5 | Debtors

Current | 2024 £ | 2023 £
Other debtors | 64,000 | -
| 64,000 | -

6 | Creditors

Creditors: amounts falling due within one year

| 2024 £ | 2023 £
Due within one year |  |
Accruals and deferred income | 4,440 | 2,160
Other creditors | 19,338 | 244,130
| 23,778 | 246,290