IRIS Accounts Production v26.1.0.640 05104479 Board of Directors 1.1.25 31.12.25 31.12.25 13/5/2026 false true false false false true false Auditors Opinion Ordinary shares 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 05104479 2024-12-31 05104479 2025-12-31 05104479 2025-01-01 2025-12-31 05104479 2023-12-31 05104479 2024-01-01 2024-12-31 05104479 2024-12-31 05104479 ns15:EnglandWales 2025-01-01 2025-12-31 05104479 ns14:PoundSterling 2025-01-01 2025-12-31 05104479 ns10:Director1 2025-01-01 2025-12-31 05104479 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 05104479 ns10:SmallEntities 2025-01-01 2025-12-31 05104479 ns10:Audited 2025-01-01 2025-12-31 05104479 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 05104479 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 05104479 ns10:FullAccounts 2025-01-01 2025-12-31 05104479 1 2025-01-01 2025-12-31 05104479 ns10:OrdinaryShareClass1 2025-01-01 2025-12-31 05104479 ns10:Director3 2025-01-01 2025-12-31 05104479 ns10:RegisteredOffice 2025-01-01 2025-12-31 05104479 ns5:CurrentFinancialInstruments 2025-12-31 05104479 ns5:CurrentFinancialInstruments 2024-12-31 05104479 ns5:ShareCapital 2025-12-31 05104479 ns5:ShareCapital 2024-12-31 05104479 ns5:CapitalRedemptionReserve 2025-12-31 05104479 ns5:CapitalRedemptionReserve 2024-12-31 05104479 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 05104479 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 05104479 ns5:NetGoodwill 2025-01-01 2025-12-31 05104479 ns5:IntangibleAssetsOtherThanGoodwill 2025-01-01 2025-12-31 05104479 ns5:PlantMachinery 2025-01-01 2025-12-31 05104479 ns5:FurnitureFittings 2025-01-01 2025-12-31 05104479 ns5:MotorVehicles 2025-01-01 2025-12-31 05104479 ns5:NetGoodwill 2024-12-31 05104479 ns5:NetGoodwill 2025-12-31 05104479 ns5:NetGoodwill 2024-12-31 05104479 ns5:LeaseholdImprovements 2024-12-31 05104479 ns5:PlantMachinery 2024-12-31 05104479 ns5:FurnitureFittings 2024-12-31 05104479 ns5:MotorVehicles 2024-12-31 05104479 ns5:LeaseholdImprovements 2025-01-01 2025-12-31 05104479 ns5:LeaseholdImprovements 2025-12-31 05104479 ns5:PlantMachinery 2025-12-31 05104479 ns5:FurnitureFittings 2025-12-31 05104479 ns5:MotorVehicles 2025-12-31 05104479 ns5:LeaseholdImprovements 2024-12-31 05104479 ns5:PlantMachinery 2024-12-31 05104479 ns5:FurnitureFittings 2024-12-31 05104479 ns5:MotorVehicles 2024-12-31 05104479 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 05104479 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 05104479 ns5:WithinOneYear 2025-12-31 05104479 ns5:WithinOneYear 2024-12-31 05104479 ns5:BetweenOneFiveYears 2025-12-31 05104479 ns5:BetweenOneFiveYears 2024-12-31 05104479 ns5:AllPeriods 2025-12-31 05104479 ns5:AllPeriods 2024-12-31 05104479 ns10:OrdinaryShareClass1 2025-12-31 05104479 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 05104479 ns5:CapitalRedemptionReserve 2024-12-31 05104479 ns5:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31

REGISTERED NUMBER: 05104479 (England and Wales)

| Audited Financial Statements |

| for the Year Ended 31 December 2025 |

| for |

| Solar Inks Ltd |

| Solar Inks Ltd (Registered number: 05104479) |

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Solar Inks Ltd |

Company Information

for the Year Ended 31 December 2025

| Directors: | Mr J M Mack

| Mr C M P Tynell

| Registered office: | Unit E3

| Halesfield 23

| Telford

| Shropshire

| TF7 4NY

| Registered number: | 05104479 (England and Wales)

| Auditors: | Hughes & Co.

| The Stables

| Broseley Hall

| Church Street

| Broseley

| Shropshire

| TF12 5DG

| Solar Inks Ltd (Registered number: 05104479) |

Balance Sheet

31 December 2025

2025 | 2024 |

| Notes | £ | £ | £ | £

Fixed assets

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 86,492 |  | 82,168 |  |

86,492 |  | 82,168 |  |

Current assets

Stocks | 171,937 |  | 219,764 |  |

Debtors | 6 | 505,033 |  | 378,794 |  |

676,970 |  | 598,558 |  |

Creditors

Amounts falling due within one year | 7 | 354,484 |  | 420,670 |  |

Net current assets | 322,486 |  | 177,888 |  |

Total assets less current liabilities | 408,978 |  | 260,056 |  |

Capital and reserves

Called up share capital | 9 | 3,600 |  | 3,600 |  |

Capital redemption reserve | 10 | 2,400 |  | 2,400 |  |

Retained earnings | 10 | 402,978 |  | 254,056 |  |

Shareholders' funds | 408,978 |  | 260,056 |  |

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 13 May 2026 and were signed on its behalf by:

Mr J M Mack - Director

| Solar Inks Ltd (Registered number: 05104479) |

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| Solar Inks Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

| Turnover

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

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of three years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery | - | 25% on reducing balance

| Fixtures and fittings | - | 25% on cost

| Motor vehicles | - | 25% on reducing balance

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| 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 balance sheet date.

| Solar Inks Ltd (Registered number: 05104479) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| 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 14 (2024 - 14 ) .

4. | INTANGIBLE FIXED ASSETS

Goodwill |

| £

| Cost

| At 1 January 2025

| and 31 December 2025 | 155,000 |  |

| Amortisation

| At 1 January 2025

| and 31 December 2025 | 155,000 |  |

| Net book value

| At 31 December 2025 | - |  |

| At 31 December 2024 | - |  |

| Solar Inks Ltd (Registered number: 05104479) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

5. | TANGIBLE FIXED ASSETS

Fixtures |  |

Improvements | Plant and | and | Motor |  |

to property | machinery | fittings | vehicles | Totals |

| £ | £ | £ | £ | £

| Cost

| At 1 January 2025 | 2,765 |  | 503,520 |  | 70,059 |  | 11,546 |  | 587,890 |  |

| Additions | - |  | 29,556 |  | 3,598 |  | - |  | 33,154 |  |

| At 31 December 2025 | 2,765 |  | 533,076 |  | 73,657 |  | 11,546 |  | 621,044 |  |

| Depreciation

| At 1 January 2025 | 2,765 |  | 432,838 |  | 58,573 |  | 11,546 |  | 505,722 |  |

| Charge for year | - |  | 25,059 |  | 3,771 |  | - |  | 28,830 |  |

| At 31 December 2025 | 2,765 |  | 457,897 |  | 62,344 |  | 11,546 |  | 534,552 |  |

| Net book value

| At 31 December 2025 | - |  | 75,179 |  | 11,313 |  | - |  | 86,492 |  |

| At 31 December 2024 | - |  | 70,682 |  | 11,486 |  | - |  | 82,168 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Trade debtors | 263,060 |  | 361,374 |  |

| Amounts owed by group undertakings | 233,746 |  | - |  |

| VAT | 8,227 |  | 17,420 |  |

505,033 |  | 378,794 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Trade creditors | 279,801 |  | 307,456 |  |

| Amounts owed to group undertakings | - |  | 65,326 |  |

| Social security and other taxes | 17,240 |  | 14,439 |  |

| Accruals and deferred income | 57,443 |  | 33,449 |  |

354,484 |  | 420,670 |  |

8. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

| £ | £

| Within one year | 49,147 |  | 49,147 |  |

| Between one and five years | 98,294 |  | 147,441 |  |

147,441 |  | 196,588 |  |

| Solar Inks Ltd (Registered number: 05104479) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

value: |  | £ | £

| 3,600 | Ordinary shares | 1 | 3,600 |  | 3,600 |  |

10. | RESERVES

Capital |

Retained | redemption |

earnings | reserve | Totals |

| £ | £ | £

| At 1 January 2025 | 254,056 |  | 2,400 |  | 256,456 |  |

| Profit for the year | 148,922 |  | 148,922 |  |

| At 31 December 2025 | 402,978 |  | 2,400 |  | 405,378 |  |

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

| The Report of the Auditors was unqualified.

| David Hughes FCCA (Senior Statutory Auditor)

| for and on behalf of Hughes & Co.