Sollertis Limited

Sollertis Limited
Contents Page
For the year ended 31 March 2025

Statement of financial position	1
Notes to the financial statements	2

Sollertis Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	119,536	42,690
		119,536	42,690
Current assets
Debtors		120,095	273,659
Cash at bank and in hand		569,067	584,743
		689,162	858,402
Creditors: amount falling due within one year		(116,893)	(226,677)
Net current assets		572,269	631,725

Total assets less current liabilities		691,805	674,415
Net assets		691,805	674,415

Capital and reserves
Called up share capital		125	125
Profit and loss account		691,680	674,290
Shareholders' funds		691,805	674,415

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006 the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 01 December 2025 and were signed by:

-------------------------------
Kevin John Baker
Director

1

Sollertis Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Sollertis Limited is a private company, limited by shares, registered in England and Wales, registration number 08632372, registration address 1st Floor South, Papermakers House, Swindon, Wiltshire, SN5 7BD.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

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:

Fixtures and Fittings	25% Straight Line
Computer Equipment	25% Straight Line

2.	Average number of employees Average number of employees during the year was 17 (2024 : 15).

3.

Tangible fixed assets

Cost or valuation	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£
At 01 April 2024	-	25,876	59,701	85,577
Additions	92,490	110	8,871	101,471
Disposals	-	-	-	-
At 31 March 2025	92,490	25,986	68,572	187,048
Depreciation
At 01 April 2024	-	11,935	30,952	42,887
Charge for year	6,166	4,833	13,626	24,625
On disposals	-	-	-	-
At 31 March 2025	6,166	16,768	44,578	67,512
Net book values
Closing balance as at 31 March 2025	86,324	9,218	23,994	119,536
Opening balance as at 01 April 2024	-	13,941	28,749	42,690

2

Registered Number: 08632372
England and Wales
SOLLERTIS LIMITED

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025