1 February 2024 false No description of principal activity Taxfiler 2024.6 08831991 business:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 08831991 2024-01-31 08831991 2024-02-01 2025-01-31 08831991 business:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 08831991 business:FilletedAccounts 2024-02-01 2025-01-31 08831991 2025-01-31 08831991 business:Director1 2024-02-01 2025-01-31 08831991 business:Director2 2024-02-01 2025-01-31 08831991 business:RegisteredOffice 2024-02-01 2025-01-31 08831991 2024-01-31 08831991 core:WithinOneYear 2025-01-31 08831991 core:WithinOneYear 2024-01-31 08831991 core:AfterOneYear 2025-01-31 08831991 core:AfterOneYear 2024-01-31 08831991 core:ShareCapital core:PreviouslyStatedAmount 2025-01-31 08831991 core:ShareCapital core:PreviouslyStatedAmount 2024-01-31 08831991 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-01-31 08831991 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-01-31 08831991 core:PreviouslyStatedAmount 2025-01-31 08831991 core:PreviouslyStatedAmount 2024-01-31 08831991 business:SmallEntities 2024-02-01 2025-01-31 08831991 countries:EnglandWales 2024-02-01 2025-01-31 08831991 core:PlantMachinery 2024-02-01 2025-01-31 08831991 core:PlantMachinery 2024-01-31 08831991 core:MotorVehicles 2024-01-31 08831991 core:PlantMachinery 2025-01-31 08831991 core:MotorVehicles 2025-01-31 08831991 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure
Company Registration No. 08831991 (England and Wales)
Netsol Solutions Limited Unaudited accounts for the year ended 31 January 2025
Netsol Solutions Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Netsol Solutions Limited Company Information for the year ended 31 January 2025
Directors
Anwar Siddiqui Syed Ismail
Company Number
08831991 (England and Wales)
Registered Office
17 A Shrubland Road Banstead Surrey SM7 2ES UK
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Netsol Solutions Limited Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
3
3
Current assets
Cash at bank and in hand
24,066
29,398
Creditors: amounts falling due within one year
5
(5,882)
(5,882)
Net current assets
18,184
23,516
Total assets less current liabilities
18,187
23,519
Creditors: amounts falling due after more than one year
6
(23,259)
(27,859)
Net liabilities
(5,072)
(4,340)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(5,073)
(4,341)
Shareholders' funds
(5,072)
(4,340)
For the year ending 31 January 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 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 of Directors and authorised for issue on 22 January 2026 and were signed on its behalf by
Anwar Siddiqui Director Company Registration No. 08831991
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Netsol Solutions Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Netsol Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 08831991. The registered office is 17 A Shrubland Road, Banstead, Surrey, SM7 2ES, UK.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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
25%
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 February 2024
9,369
3,300
12,669
At 31 January 2025
9,369
3,300
12,669
Depreciation
At 1 February 2024
9,366
3,300
12,666
At 31 January 2025
9,366
3,300
12,666
Net book value
At 31 January 2025
3
-
3
At 31 January 2024
3
-
3
5
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
1,460
1,460
Loans from directors
3,022
3,022
Accruals
1,400
1,400
5,882
5,882
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Netsol Solutions Limited Notes to the Accounts for the year ended 31 January 2025
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
23,259
27,859
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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