Company Registration No. 11359700 (England and Wales)
SOLUVET LTD
Unaudited accounts
for the year ended 31 May 2025
SOLUVET LTD
Unaudited accounts
Contents
SOLUVET LTD
Company Information
for the year ended 31 May 2025
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
SOLUVET LTD
Statement of financial position
as at 31 May 2025
Cash at bank and in hand
63,139
48,266
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)
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
SOLUVET LTD
Notes to the Accounts
for the year ended 31 May 2025
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.
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.
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.
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
5
Average number of employees
During the year the average number of employees was 3 (2024: 2).