Solar and Storage Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 14238259

Solar and Storage Limited

Filleted Unaudited Financial Statements

31 July 2025

Solar and Storage Limited

Statement of Financial Position

31 July 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	–	33,862

Current assets

Debtors	6	–	110,797
Cash at bank and in hand		33	3,914
		----	---------
		33	114,711

Creditors: amounts falling due within one year	7	716,806	806,805
		---------	---------
Net current liabilities		716,773	692,094
		---------	---------
Total assets less current liabilities		( 716,773)	( 658,232)
		---------	---------
Net liabilities		( 716,773)	( 658,232)
		---------	---------

Capital and reserves

Called up share capital	1	1
Profit and loss account	( 716,774)	( 658,233)
	---------	---------
Shareholders deficit	( 716,773)	( 658,232)
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Solar and Storage Limited

Statement of Financial Position (continued)

31 July 2025

These financial statements were approved by the board of directors and authorised for issue on 7 January 2026 , and are signed on behalf of the board by:

Mr J Knight
Director

Company registration number: 14238259

Solar and Storage Limited

Notes to the Financial Statements

Year ended 31 July 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 Dunston Place, Dunston Road, Chesterfield, S41 8NL.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The directors have not prepared the accounts on a going concern basis due to the decision to cease trading.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Short leasehold property	-	20% straight line
Plant and machinery	-	25% reducing balance
Fixtures and fittings	-	25% reducing balance
Motor vehicles	-	25% reducing balance

	Equipment	-	33% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

The following assets and liabilities within the accounts are classified as financial instruments - trade debtors, trade creditors and directors loans. Directors loans (being repayable upon demand), trade debtors and trade creditors, are measured at the undiscounted amount of cash or other consideration expected to be paid or received. Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If such evidence is found, an impairment loss is recognised in the statement of Income and Retained Earnings.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to Nil (2024: 6 ).

5. Tangible assets

	Short leasehold property	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£	£
Cost
At 1 Aug 2024	15,375	5,119	1,615	21,899	11,085	55,093
Disposals	( 3,096)	( 5,119)	( 1,615)	( 21,899)	( 11,085)	( 42,814)
	--------	-------	-------	--------	--------	--------
At 31 Jul 2025	12,279	–	–	–	–	12,279
	--------	-------	-------	--------	--------	--------
Depreciation
At 1 Aug 2024	5,531	1,484	707	9,065	4,444	21,231
Charge for the year	7,367	–	–	–	–	7,367
Disposals	( 619)	( 1,484)	( 707)	( 9,065)	( 4,444)	( 16,319)
	--------	-------	-------	--------	--------	--------
At 31 Jul 2025	12,279	–	–	–	–	12,279
	--------	-------	-------	--------	--------	--------
Carrying amount
At 31 Jul 2025	–	–	–	–	–	–
	--------	-------	-------	--------	--------	--------
At 31 Jul 2024	9,844	3,635	908	12,834	6,641	33,862
	--------	-------	-------	--------	--------	--------

6. Debtors

	2025	2024
	£	£
Other debtors	–	110,797
	----	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	–	2,979
Amounts owed to group undertakings and undertakings in which the company has a participating interest	699,766	778,331
Social security and other taxes	100	7,685
Other creditors	16,940	17,810
	---------	---------
	716,806	806,805
	---------	---------

8. Director's advances, credits and guarantees

During the year, the company operated loan accounts with the directors. There was no movement in the year and the closing balance at the year end was £14,026 in credit (2024 £14,026 in credit)