Solcomm Limited

	Page
Strategic Report	1
Directors' Report	2—3
Independent Auditor's Report	4—7
Profit and Loss Account	8
Statement of Comprehensive Income	9
Balance Sheet	10
Statement of Changes in Equity	11
Notes to the Financial Statements	12—16

The directors present their report and the financial statements for the year ended 30 April 2025.

Principal Activity

The company's principal activity continues to be that of mangement and parent company.

Directors

The directors who held office during the year were as follows:

Mrs S.E. Solomon

Mr R. Solomon

Mr M.J. Solomon

Mr M.C. Solomon

Statement of Directors' Responsibilities

The directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards, comprising FRS102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable United Kingdom Accounting Standards, comprising FRS102, have been followed subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Statement of Disclosure of Information to Auditors

In the case of each director in office at the date the Directors' Report is approved:

so far as the director is aware, there is no relevant audit information of which the company's auditors are unaware; and
they have taken all the steps that they ought to have taken as directors in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information.

Page 2

Page 3

Solcomm Limited

Directors' Report (continued)

For The Year Ended 30 April 2025

Independent Auditors

The auditors, Marsden & Co, have indicated their willingness to continue in office and a resolution concerning their re-appointment will be proposed at the Annual General Meeting.

On behalf of the board

Mr M.C. Solomon

Director

22 December 2025

Page 3

Page 4

Independent Auditor's Report

to the Members of

Solcomm Limited

Independent Auditor's Report

Opinion

We have audited the financial statements of Solcomm Limited for the year ended 30 April 2025 which comprise the Profit and Loss Account, Statement of Comprehensive Income, Balance Sheet, Statement of Changes of Equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

In our opinion the financial statements:

give a true and fair view of the state of the company's affairs as at 30 April 2025 and of its profit/(loss) for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for Opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions Relating to Going Concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Page 4

Page 5

Independent Auditor's Report (continued)

to the Members of

Solcomm Limited

Opinions on Other Matters Prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

the information given in the Strategic Report and Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
the Strategic Report and Directors' Report have been prepared in accordance with applicable legal requirements.

Matters on Which We Are Required to Report by Exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors' Report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records or returns; or
certain disclosures of directors' remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.

Responsibilities of Directors

As explained more fully in the Directors' Responsibilities Statement set out on page 2—3, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Page 5

Page 6

Independent Auditor's Report (continued)

to the Members of

Solcomm Limited

Auditor's Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

•we identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge;

•we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and

•making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and

•considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

To address the risk of fraud through management bias and override of controls, we:

•performed analytical procedures to identify any unusual or unexpected relationships;

•tested journal entries to identify unusual transactions;

•assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias; and

•investigated the rationale behind significant or unusual transactions.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

•agreeing financial statement disclosures to underlying supporting documentation;

•reading the minutes of meetings of those charged with governance;

•enquiring of management as to actual and potential litigation and claims; and

•reviewing correspondence with HMRC.

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Page 6

Page 7

Independent Auditor's Report (continued)

to the Members of

Solcomm Limited

Use Of Our Report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters that we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Philip Mendelson BA FCA (Senior Statutory Auditor)

for and on behalf of Marsden & Co , Statutory Auditor

22 December 2025

Marsden & Co

Chartered Accountants & Statutory Auditors

41 Knowsley Street

Bury

BL9 0ST

Page 7

Page 8

Solcomm Limited

Profit and Loss Account

For The Year Ended 30 April 2025

Profit and Loss Account

		2025	2024
	Notes	£	£
TURNOVER	3	9,000	9,000

GROSS PROFIT		9,000	9,000

Administrative expenses		(2,690 )	(2,511 )

OPERATING PROFIT AND PROFIT BEFORE TAXATION		6,310	6,489
Tax on Profit	6	(1,199 )	(1,233 )

PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR		5,111	5,256

The notes on pages 12 to 16 form part of these financial statements.

Page 8

Page 9

Solcomm Limited

Statement of Comprehensive Income

For The Year Ended 30 April 2025

Statement of Comprehensive Income

	2025	2024
	£	£
PROFIT FOR THE FINANCIAL YEAR	5,111	5,256
OTHER COMPREHENSIVE INCOME FOR THE YEAR	-	-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR	5,111	5,256

Page 9

Page 10

Solcomm Limited

Balance Sheet

As At 30 April 2025

Balance Sheet

Registered number: 08467039

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investments	7		25,500		25,500

			25,500		25,500
CURRENT ASSETS
Debtors	8	861,242		861,242
Cash at bank and in hand		333		210

		861,575		861,452
Creditors: Amounts Falling Due Within One Year	10	(777,277 )		(782,265 )

NET CURRENT ASSETS (LIABILITIES)			84,298		79,187

TOTAL ASSETS LESS CURRENT LIABILITIES			109,798		104,687

NET ASSETS			109,798		104,687

CAPITAL AND RESERVES
Called up share capital	11		20,477		20,477
Capital redemption reserve			5,060		5,060
Profit and Loss Account			84,261		79,150

SHAREHOLDERS' FUNDS			109,798		104,687

On behalf of the board

Mr M.C. Solomon

Director

22 December 2025

The notes on pages 12 to 16 form part of these financial statements.

Page 10

Page 11

Solcomm Limited

Statement of Changes in Equity

For The Year Ended 30 April 2025

Statement of Changes in Equity

	Share Capital	Capital Redemption	Profit and Loss Account	Total
	£	£	£	£
As at 1 May 2023	20,477	5,060	73,894	99,431
Profit for the year and total comprehensive income	-	-	5,256	5,256

As at 30 April 2024 and 1 May 2024	20,477	5,060	79,150	104,687


Profit for the year and total comprehensive income	-	-	5,111	5,111

As at 30 April 2025	20,477	5,060	84,261	109,798

Page 11

Page 12

Solcomm Limited

Notes to the Financial Statements

For The Year Ended 30 April 2025

Notes to the Financial Statements

1. General Information

Solcomm Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08467039 . The registered office is Knowsley Road Industrial Estate, Haslingden, Rossendale, Lancashire, BB4 4RX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006.

2.2. Financial Reporting Standard 102 - Reduced Disclosure Exemptions

The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

the requirements of Section 7 Statement of Cash Flows and Section 3 Financial Statement Presentation paragraph 3.17 (d).

2.3. Exemption From Preparing Consolidated Financial Statements

The company has taken advantage of the exemption under section 400 of the Companies Act 2006 not to prepare consolidated accounts. The financial statements present information about the company as an individual entity and not about its group.

2.4. Going Concern Disclosure

The company meets its day to day working capital requirements through its banking facilities. After reviewing the company forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore adopts the going concern basis in preparing its financial statements.

2.5. Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable , excluding discounts, rebates, value added tax and other sales taxes

2.6. Investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.7. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

Page 12

Page 13

Solcomm Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

2.8. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Turnover

Analysis of turnover by class of business is as follows:

	2025	2024
	£	£
Management charges	9,000	9,000

Analysis of turnover by geographical market is as follows:

	2025	2024
	£	£
United Kingdom	9,000	9,000

	9,000	9,000

Page 13

Page 14

Solcomm Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

4. Auditor's Remuneration

Remuneration received by the company's auditors and their associates during the year was as follows:

	2025	2024
	£	£
Audit Services
Audit of the company's financial statements	2,550	2,400

5. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

6. Tax on Profit

	Tax Rate		2025	2024
The tax charge on the profit for the year was as follows:
	2025	2024	£	£
Current tax
UK Corporation Tax	19.0%	19.0%	1,199	1,233


Total tax charge for the period			1,199	1,233


The actual charge for the year can be reconciled to the expected charge for the year based on the profit and the standard rate of corporation tax as follows:
			2025	2024
			£	£
Profit before tax			6,310	6,489

Tax on profit at 19% (UK standard rate)			1,199	1,233
Total tax charge for the period			1,199	1,233

7. Investments

	Unlisted
	£
Cost
As at 1 May 2024	25,500

As at 30 April 2025	25,500

Provision
As at 1 May 2024	-

As at 30 April 2025	-

...CONTINUED

Page 14

Page 15

Solcomm Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

Net Book Value
As at 30 April 2025	25,500

As at 1 May 2024	25,500

Subsidiaries

Details of the company's subsidiaries as at 30 April 2025 are as follows:

Name of undertaking	Registered Office	Class of shares held	Direct holding	Indirect holding
Solomon Commercials Limited	Knowsley Road Industrial Estate, Haslingden BB4 4RX	Ordinary	100.00%	-

The aggregate capital and reserves and the result for the year of the subsidiaries listed above was as follows:

	Capital and Reserves	Profit/(loss)
	£	£
Solomon Commercials Limited	7,130,566	1,686,311

8. Debtors

	2025	2024
	£	£
Due within one year
Amounts owed by group undertakings	761,242	761,242
Due after more than one year
Other debtors	100,000	100,000

	861,242	861,242

9. Current Asset Investments

10. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	7,060	4,000
Amounts owed to group undertakings	767,728	775,512
Corporation tax	1,199	1,233
Taxation and social security	1,290	1,520

	777,277	782,265

Page 15

Page 16

Solcomm Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

11. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
10,740 A Ordinary Shares of £ 1.00000 each	10,740	10,740
9,700 Ordinary B shares of £ 1.00000 each	9,700	9,700
3,633 Ordinary C shares of £ 0.01000 each	36	36
32,400 Ordinary Z shares of £ 0.00001 each	1	1

	20,477	20,477

12. Reserves

The capital redemption reserve represents the par value of shares purchased by the company in prior years.

13. Related Party Disclosures

During the year the company received £9,000 (2024 - £9,000) management charges from its subsidiary Solomon Commercials Limited. Included within other creditors is £767,728 (2024 - £775,512) due to Solomon Commercials Limited.

Included within debtors is £761,242 (2024 - £761,242) due from Alden Green Limited.

14. Controlling Parties

The company's immediate parent undertaking is Alden Green Limited .

The ultimate parent undertaking is Alden Green Limited (incorporated in England & Wales). Its registered office is Knowsley Road Industial Estate, Haslingden BB4 4RX .

Copies of the group accounts may be obtained from the company's registered office.

Page 16