Company Registration No. 10074747 (England and Wales)
Solution8 Business Services Limited
Unaudited accounts
for the year ended 31 March 2025
Solution8 Business Services Limited
Unaudited accounts
Contents
Solution8 Business Services Limited
Company Information
for the year ended 31 March 2025
Company Number
10074747 (England and Wales)
Registered Office
47 Lime Avenue
Leamington Spa
CV32 7DE
England
Accountants
JS Accountancy Services
Measham Business Centre
56 High Street/Queens Street
Measham
Derbyshire
DE12 7HZ
Solution8 Business Services Limited
Statement of financial position
as at 31 March 2025
Tangible assets
1,313
1,545
Cash at bank and in hand
36,058
60,496
Creditors: amounts falling due within one year
(34,444)
(32,128)
Net current assets
20,716
28,459
Called up share capital
11
11
Profit and loss account
22,018
29,993
Shareholders' funds
22,029
30,004
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 December 2025 and were signed on its behalf by
Mr M Finney
Director
Company Registration No. 10074747
Solution8 Business Services Limited
Notes to the Accounts
for the year ended 31 March 2025
Solution8 Business Services Limited is a private company, limited by shares, registered in England and Wales, registration number 10074747. The registered office is 47 Lime Avenue, Leamington Spa, CV32 7DE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% reducing balance
Computer equipment
33% on cost
Solution8 Business Services Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
5,604
226
Loans from directors
5,560
16,931
7
Average number of employees
During the year the average number of employees was 1 (2024: 2).