REGISTERED NUMBER: 04099062 (England and Wales)

Financial Statements for the Year Ended 30th April 2025

for

Solderstar Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Patrick John McWiggin

Mark Frederick Stansfield

Joanne Stansfield

Julie McWiggin

SECRETARY:

Mark Frederick Stansfield

REGISTERED OFFICE:

Unit C2

Castle Park Industrial Estate

Bower Street

Oldham

OL1 3LN

REGISTERED NUMBER:

04099062 (England and Wales)

ACCOUNTANT:

Frazer Waite Desmier Limited

Peine House

Hind Hill Street

Heywood

Lancashire

OL10 1JZ

FIXED ASSETS

Tangible assets

4

89,060

124,640

Investments

5

69

69

89,129

124,709

CURRENT ASSETS

Stocks

6

138,700

115,620

Debtors

7

434,872

266,813

Cash at bank

1,799,504

1,503,291

2,373,076

1,885,724

CREDITORS

Amounts falling due within one year

8

204,904

137,708

NET CURRENT ASSETS

2,168,172

1,748,016

TOTAL ASSETS LESS CURRENT LIABILITIES

2,257,301

1,872,725

PROVISIONS FOR LIABILITIES

689

2,805

NET ASSETS

2,256,612

1,869,920

CAPITAL AND RESERVES

Called up share capital

9

4

4

Retained earnings

2,256,608

1,869,916

SHAREHOLDERS' FUNDS

2,256,612

1,869,920

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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 26th November 2025 and were signed on its behalf by:

Mark Frederick Stansfield - Director

Patrick John McWiggin - Director

1.	STATUTORY INFORMATION

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

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Fixtures & equipment

-

25% on cost

Investments in associates

Investments in associate undertakings are recognised at cost.

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Fixtures

Motor

machinery

& equipment

vehicles

Totals

£

£

£

£

COST

At 1st May 2024

49,784

50,790

128,350

228,924

Disposals

-

(1,958

)

-

(1,958

)

At 30th April 2025

49,784

48,832

128,350

226,966

DEPRECIATION

At 1st May 2024

42,797

50,790

10,697

104,284

Charge for year

3,493

-

32,087

35,580

Eliminated on disposal

-

(1,958

)

-

(1,958

)

At 30th April 2025

46,290

48,832

42,784

137,906

NET BOOK VALUE

At 30th April 2025

3,494

-

85,566

89,060

At 30th April 2024

6,987

-

117,653

124,640

5.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1st May 2024

and 30th April 2025

69

NET BOOK VALUE

At 30th April 2025

69

At 30th April 2024

69

6.

STOCKS

30.4.25

30.4.24

£

£

Stock

118,900

99,120

Work-in-progress

19,800

16,500

138,700

115,620

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

283,357

146,828

Amounts owed by participating interests

104,758

68,485

Prepayments

46,757

51,500

434,872

266,813

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

18,279

18,657

Corporation tax

164,322

100,976

Social security and other taxes

5,318

5,272

VAT

4,119

4,400

Other creditors

5,042

536

Directors' loan accounts

1,253

2,498

Accrued expenses

6,571

5,369

204,904

137,708

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

4

Ordinary

1

4

4