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Registered number: 04651938
Solos Consultants Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
T Richards Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 04651938
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,069 2,904
2,069 2,904
CURRENT ASSETS
Debtors 5 850,725 1,032,862
850,725 1,032,862
Creditors: Amounts Falling Due Within One Year 6 (270,470 ) (483,077 )
NET CURRENT ASSETS (LIABILITIES) 580,255 549,785
TOTAL ASSETS LESS CURRENT LIABILITIES 582,324 552,689
PROVISIONS FOR LIABILITIES
Deferred Taxation (710 ) (710 )
NET ASSETS 581,614 551,979
CAPITAL AND RESERVES
Called up share capital 7 3 3
Profit and Loss Account 581,611 551,976
SHAREHOLDERS' FUNDS 581,614 551,979
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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr L Witts
Director
09/12/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Solos Consultants Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04651938 . The registered office is Curzon St Business Centre, Curzon Street, Burton On Trent, Staffordshire, DE14 2DH.
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 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2024: 5)
6 5
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 110,621 4,413 12,924 127,958
As at 31 March 2025 110,621 4,413 12,924 127,958
Depreciation
As at 1 April 2024 109,051 4,082 11,921 125,054
Provided during the period 393 111 331 835
As at 31 March 2025 109,444 4,193 12,252 125,889
Net Book Value
As at 31 March 2025 1,177 220 672 2,069
As at 1 April 2024 1,570 331 1,003 2,904
Page 2
Page 3
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 847,456 1,032,862
Other debtors 3,269 -
850,725 1,032,862
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 6,429 1,685
Bank loans and overdrafts 178,247 245,847
Other creditors 21,763 21,763
Taxation and social security 64,031 213,782
270,470 483,077
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 3 3
Page 3