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Company Registration No. 12427752 (England and Wales)
Solarseal Ltd Unaudited accounts for the year ended 30 January 2025
Solarseal Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Solarseal Ltd Company Information for the year ended 30 January 2025
Directors
Stacey Levy Andrew John Roberton
Secretary
Stacey Levy
Company Number
12427752 (England and Wales)
- 3 -
Solarseal Ltd Statement of financial position as at 30 January 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
23,673
7,695
Current assets
Debtors
5
268
37,974
Cash at bank and in hand
426,139
426,977
426,407
464,951
Creditors: amounts falling due within one year
6
(143,057)
(161,702)
Net current assets
283,350
303,249
Net assets
307,023
310,944
Capital and reserves
Called up share capital
100
100
Profit and loss account
306,923
310,844
Shareholders' funds
307,023
310,944
For the year ending 30 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
Stacey Levy Director Company Registration No. 12427752
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Solarseal Ltd Notes to the Accounts for the year ended 30 January 2025
1
Statutory information
Solarseal Ltd is a private company, limited by shares, registered in England and Wales, registration number 12427752.
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 30 January 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 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
25% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 31 January 2024
290
9,171
9,461
Additions
-
21,908
21,908
At 30 January 2025
290
31,079
31,369
Depreciation
At 31 January 2024
93
1,673
1,766
Charge for the year
49
5,881
5,930
At 30 January 2025
142
7,554
7,696
Net book value
At 30 January 2025
148
23,525
23,673
At 30 January 2024
197
7,498
7,695
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Solarseal Ltd Notes to the Accounts for the year ended 30 January 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
-
37,706
Other debtors
268
268
268
37,974
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
14,606
14,685
Taxes and social security
92,170
78,451
Other creditors
35,940
58,904
Loans from directors
341
9,662
143,057
161,702
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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