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Company Registration No. 11359700 (England and Wales)
SOLUVET LTD Unaudited accounts for the year ended 31 May 2025
SOLUVET LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SOLUVET LTD Company Information for the year ended 31 May 2025
Director
Yawar Abbas
Company Number
11359700 (England and Wales)
Registered Office
11 Seymour Crescent Hemel Hempstead Herts HP2 5DS
Accountants
Capital Accounting Solutions 277-279 Bethnal Green Road London E2 6AH
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SOLUVET LTD Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
-
309
Current assets
Debtors
23,779
41,420
Cash at bank and in hand
63,139
48,266
86,918
89,686
Creditors: amounts falling due within one year
(56,031)
(53,202)
Net current assets
30,887
36,484
Total assets less current liabilities
30,887
36,793
Creditors: amounts falling due after more than one year
(5,254)
(10,377)
Net assets
25,633
26,416
Capital and reserves
Called up share capital
100
100
Profit and loss account
25,533
26,316
Shareholders' funds
25,633
26,416
For the year ending 31 May 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 12 December 2025 and were signed on its behalf by
Yawar Abbas Director Company Registration No. 11359700
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SOLUVET LTD Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
SOLUVET LTD is a private company, limited by shares, registered in England and Wales, registration number 11359700. The registered office is 11 Seymour Crescent, Hemel Hempstead, Herts, HP2 5DS.
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.
3
Accounting policies
These financial statements for the year ended 31 May 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
33% Straight Line
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 June 2024
909
At 31 May 2025
909
Depreciation
At 1 June 2024
600
Charge for the year
309
At 31 May 2025
909
Net book value
At 31 May 2025
-
At 31 May 2024
309
5
Average number of employees
During the year the average number of employees was 3 (2024: 2).
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