IRIS Accounts Production v25.4.12.37 SC789494 Board of Directors 1.10.24 30.9.25 30.9.25 11.3.26 true false true false false true false Auditors Opinion iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC789494 2024-09-30 SC789494 2025-09-30 SC789494 2024-10-01 2025-09-30 SC789494 2023-11-15 SC789494 2023-11-16 2024-09-30 SC789494 2024-09-30 SC789494 ns15:Scotland 2024-10-01 2025-09-30 SC789494 ns14:PoundSterling 2024-10-01 2025-09-30 SC789494 ns10:Director1 2024-10-01 2025-09-30 SC789494 ns10:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 SC789494 ns10:SmallEntities 2024-10-01 2025-09-30 SC789494 ns10:Audited 2024-10-01 2025-09-30 SC789494 ns10:SmallCompaniesRegimeForDirectorsReport 2024-10-01 2025-09-30 SC789494 ns10:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 SC789494 ns10:AbridgedAccounts 2024-10-01 2025-09-30 SC789494 ns10:Director4 2024-10-01 2025-09-30 SC789494 ns10:Director5 2024-10-01 2025-09-30 SC789494 ns10:Director6 2024-10-01 2025-09-30 SC789494 ns10:RegisteredOffice 2024-10-01 2025-09-30 SC789494 ns5:CurrentFinancialInstruments 2025-09-30 SC789494 ns5:CurrentFinancialInstruments 2024-09-30 SC789494 ns5:Non-currentFinancialInstruments 2025-09-30 SC789494 ns5:Non-currentFinancialInstruments 2024-09-30 SC789494 ns5:ShareCapital 2025-09-30 SC789494 ns5:ShareCapital 2024-09-30 SC789494 ns5:SharePremium 2025-09-30 SC789494 ns5:SharePremium 2024-09-30 SC789494 ns5:RetainedEarningsAccumulatedLosses 2025-09-30 SC789494 ns5:RetainedEarningsAccumulatedLosses 2024-09-30 SC789494 ns5:Subsidiary1 2024-10-01 2025-09-30 SC789494 1 ns5:Subsidiary1 2024-10-01 2025-09-30 SC789494 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-09-30 SC789494 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-09-30 SC789494 ns5:Secured 2025-09-30 SC789494 ns5:Secured 2024-09-30

REGISTERED NUMBER: SC789494 (Scotland)

Audited Financial Statements For The Year Ended 30 September 2025

for

Solais Limited

| Solais Limited (Registered number: SC789494) |

Contents of the Financial Statements

For The Year Ended 30 September 2025

Page |

| Company Information | 1 |

| Abridged Statement of Financial Position | 2 |

| Notes to the Financial Statements | 3 |

| Solais Limited |

Company Information

For The Year Ended 30 September 2025

| DIRECTORS: | A McDonald

| J Kenny

| M Stevenson

| S Brown

| REGISTERED OFFICE: | Solais House 19 Phoenix Crescent

| Strathclyde Business Park

| Bellshill

| United Kingdom

| ML4 3NJ

| REGISTERED NUMBER: | SC789494 (Scotland)

| INDEPENDENT AUDITORS: | Robb Ferguson

| Chartered Accountants & Statutory Auditors

| Regent Court

| 70 West Regent Street

| Glasgow

| G2 2QZ

| Solais Limited (Registered number: SC789494) |

Abridged Statement of Financial Position

30 September 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investments | 4 | 55,683,988 |  | 58,128,407 |  |

CURRENT ASSETS

Debtors | 5,020,844 |  | 6,773,560 |  |

Cash at bank | 12,443 |  | 14 |  |

5,033,287 |  | 6,773,574 |  |

CREDITORS

Amounts falling due within one year | 253,803 |  | 52,440,533 |  |

NET CURRENT ASSETS/(LIABILITIES) | 4,779,484 |  | (45,666,959 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 60,463,472 |  | 12,461,448 |  |

CREDITORS

Amounts falling due after more than one year | 68,836,685 |  | 15,750,000 |  |

NET LIABILITIES | (8,373,213 | ) | (3,288,552 | ) |

CAPITAL AND RESERVES

Called up share capital | 1,145 |  | 1,145 |  |

Share premium | 237,175 |  | 237,175 |  |

Retained earnings | (8,611,533 | ) | (3,526,872 | ) |

(8,373,213 | ) | (3,288,552 | ) |

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Comprehensive Income and an abridged Statement of Financial Position for the year ended 30 September 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 March 2026 and were signed on its behalf by:

A McDonald - Director

| Solais Limited (Registered number: SC789494) |

Notes to the Financial Statements

For The Year Ended 30 September 2025

1. | STATUTORY INFORMATION

| Solais Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| The directors consider it appropriate to prepare the accounts on a going concern basis. The company is 100% owners of Kick ICT Group Limited who have the ability to support Solais Limited in its day to day trade. The companies' long term liabilities are not due for payment for more than 12 months from signing date of the financial statements and therefore, it is considered appropriate to prepare the accounts on a going concern basis.

| Related party exemption

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Financial instruments

| Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Solais Limited (Registered number: SC789494) |

Notes to the Financial Statements - continued

For The Year Ended 30 September 2025

2. | ACCOUNTING POLICIES - continued

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 4 (2024 - 3 ) .

4. | FIXED ASSET INVESTMENTS

| Information on investments other than loans is as follows:

| Totals

£ |

| COST

| At 1 October 2024

| and 30 September 2025 | 58,128,407 |  |

| PROVISIONS

| Provision written back | 2,444,419 |  |

| At 30 September 2025 | 2,444,419 |  |

| NET BOOK VALUE

| At 30 September 2025 | 55,683,988 |  |

| At 30 September 2024 | 58,128,407 |  |

| The company's investments at the Statement of Financial Position date in the share capital of companies include the following:

| Kick ICT Group Limited

| Registered office: Solais House 19 Phoenix Crescent, Strathclyde Business Park, Bellshill, Scotland, ML4 3NJ

| Nature of business: Information technology and consultancy

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

5. | LOANS

| An analysis of the maturity of loans is given below:

2025 | 2024 |

£ | £ |

| Amounts falling due between two and five years:

| Other loans - 2-5 years | 15,750,000 |  | 15,750,000 |  |

| Solais Limited (Registered number: SC789494) |

Notes to the Financial Statements - continued

For The Year Ended 30 September 2025

6. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Other loans | 15,750,000 |  | 15,750,000 |  |

| Intercompany loan | 52,199,578 |  | 45,951,379 |  |

67,949,578 |  | 61,701,379 |  |

| GLAS Trust Corporation Limited hold a fixed and floating charge over all the property and undertaking of the company.

| LDC (Managers) Limited hold a fixed and floating charge over all the property and undertaking of the company.

7. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Graham Cantlay CA (Senior Statutory Auditor)

| for and on behalf of Robb Ferguson

8. | FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

| In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

9. | ULTIMATE CONTROLLING PARTY

| The company's immediate parent undertaking is Solais Topco Limited, a company registered in Scotland. There was no ultimate controlling party for the year to 30 September 2025.