Company No: 15474995 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	28.02.2025
		£
Fixed assets
Intangible assets	3	30,459
Tangible assets	4	34,308
		64,767
Current assets
Stocks	5	176,233
Debtors	6	12,326
Cash at bank and in hand		15,352
		203,911
Creditors: amounts falling due within one year	7	( 248,896)
Net current liabilities		(44,985)
Total assets less current liabilities		19,782
Creditors: amounts falling due after more than one year	8	( 17,389)
Net assets		2,393
Capital and reserves
Called-up share capital	9	2
Profit and loss account		2,391
Total shareholder's funds		2,393

For the financial period ending 28 February 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 member has not required the Company to obtain an audit of its financial statements for the financial period 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 financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of 153Solutions Ltd (registered number: 15474995) were approved and authorised for issue by the Director on 08 December 2025. They were signed on its behalf by:

M Ely Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

153Solutions Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 20 Wenlock Road, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill	10 years straight line
Other intangible assets	10 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Vehicles	25 % reducing balance
Fixtures and fittings	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

	Period from 09.02.2024 to 28.02.2025
	Number
Monthly average number of persons employed by the Company during the period, including the director	4

3. Intangible assets

	Goodwill		Other intangible assets		Total
	£		£		£
Cost
At 09 February 2024	0		0		0
Additions	20,000		13,500		33,500
At 28 February 2025	20,000		13,500		33,500
Accumulated amortisation
At 09 February 2024	0		0		0
Charge for the financial period	1,833		1,208		3,041
At 28 February 2025	1,833		1,208		3,041
Net book value
At 28 February 2025	18,167		12,292		30,459

4. Tangible assets

	Vehicles		Fixtures and fittings		Total
	£		£		£
Cost
At 09 February 2024	0		0		0
Additions	43,700		10,000		53,700
Disposals	( 8,900)		0		( 8,900)
At 28 February 2025	34,800		10,000		44,800
Accumulated depreciation
At 09 February 2024	0		0		0
Charge for the financial period	8,200		2,292		10,492
At 28 February 2025	8,200		2,292		10,492
Net book value
At 28 February 2025	26,600		7,708		34,308

5. Stocks

	28.02.2025
	£
Stocks	176,233

6. Debtors

	28.02.2025
	£
Trade debtors	12,013
Other debtors	313
	12,326

7. Creditors: amounts falling due within one year

	28.02.2025
	£
Trade creditors	193,052
Other taxation and social security	11,660
Obligations under finance leases and hire purchase contracts	3,957
Other creditors	40,227
	248,896

8. Creditors: amounts falling due after more than one year

	28.02.2025
	£
Obligations under finance leases and hire purchase contracts	17,389

There are no amounts included above in respect of which any security has been given by the small entity.

9. Called-up share capital

	28.02.2025
	£
Allotted, called-up and fully-paid
2 Ordinary shares of £ 1.00 each	2