REGISTERED NUMBER: 05331803 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Solid Ventures Limited

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Property, plant and equipment

4

4,441,327

4,735,000

CURRENT ASSETS

Debtors

5

-

25,000

Cash at bank

279,966

113,973

279,966

138,973

CREDITORS

Amounts falling due within one year

6

1,285,437

1,483,376

NET CURRENT LIABILITIES

(1,005,471

)

(1,344,403

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,435,856

3,390,597

CREDITORS

Amounts falling due after more than one year

7

214,056

214,056

NET ASSETS

3,221,800

3,176,541

CAPITAL AND RESERVES

Called up share capital

200

200

Fair value reserve

8

859,953

932,693

Retained earnings

2,361,647

2,243,648

SHAREHOLDERS' FUNDS

3,221,800

3,176,541

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 November 2025 and were signed on its behalf by:

Mr Arun Sharma - Director

1.	STATUTORY INFORMATION

Solid Ventures Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

05331803

Registered office:

10 Inverclyde Gardens

Romford

RM6 5SJ

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 as modified by the revaluation of certain assets.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

The company's freehold properties were professionally valued in 2021. This valuation has been reduced by subsequent depreciation. Under the transitional provisions of the Financial Reporting Standard for Smaller Entities (effective January 2015) the properties continue to be stated at that valuation less accumulated depreciation to date and that valuation has not been updated.

The company's freehold properties are revalued in full every five years. Interim valuations are carried out when it is likely that there has been a material change in value.

No depreciation is provided on the company's freehold properties since in the opinion of the directors the expected useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation would be immaterial. The directors undertake an annual impairment review of these properties.

3.	EMPLOYEES AND DIRECTORS

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

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

4,735,000

-

4,735,000

Additions

30,570

1,770

32,340

Disposals

(252,830

)

-

(252,830

)

Revaluations

(72,740

)

-

(72,740

)

At 31 March 2025

4,440,000

1,770

4,441,770

DEPRECIATION

Charge for year

-

443

443

At 31 March 2025

-

443

443

NET BOOK VALUE

At 31 March 2025

4,440,000

1,327

4,441,327

At 31 March 2024

4,735,000

-

4,735,000

Cost or valuation at 31 March 2025 is represented by:

Land and

buildings

£

Valuation in 2025

(72,740

)

Cost

4,512,740

4,440,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

-

25,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

32,649

35,355

Other creditors

1,252,788

1,448,021

1,285,437

1,483,376

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

214,056

214,056

8.

RESERVES

Fair

value

reserve

£

At 1 April 2024

932,693

Revaluation adjustment

(72,740

)

At 31 March 2025

859,953