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:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh051044792024-12-31051044792025-12-31051044792025-01-012025-12-31051044792023-12-31051044792024-01-012024-12-31051044792024-12-3105104479ns15:EnglandWales2025-01-012025-12-3105104479ns14:PoundSterling2025-01-012025-12-3105104479ns10:Director12025-01-012025-12-3105104479ns10:PrivateLimitedCompanyLtd2025-01-012025-12-3105104479ns10:SmallEntities2025-01-012025-12-3105104479ns10:Audited2025-01-012025-12-3105104479ns10:SmallCompaniesRegimeForDirectorsReport2025-01-012025-12-3105104479ns10:SmallCompaniesRegimeForAccounts2025-01-012025-12-3105104479ns10:FullAccounts2025-01-012025-12-310510447912025-01-012025-12-3105104479ns10:OrdinaryShareClass12025-01-012025-12-3105104479ns10:Director32025-01-012025-12-3105104479ns10:RegisteredOffice2025-01-012025-12-3105104479ns5:CurrentFinancialInstruments2025-12-3105104479ns5:CurrentFinancialInstruments2024-12-3105104479ns5:ShareCapital2025-12-3105104479ns5:ShareCapital2024-12-3105104479ns5:CapitalRedemptionReserve2025-12-3105104479ns5:CapitalRedemptionReserve2024-12-3105104479ns5:RetainedEarningsAccumulatedLosses2025-12-3105104479ns5:RetainedEarningsAccumulatedLosses2024-12-3105104479ns5:NetGoodwill2025-01-012025-12-3105104479ns5:IntangibleAssetsOtherThanGoodwill2025-01-012025-12-3105104479ns5:PlantMachinery2025-01-012025-12-3105104479ns5:FurnitureFittings2025-01-012025-12-3105104479ns5:MotorVehicles2025-01-012025-12-3105104479ns5:NetGoodwill2024-12-3105104479ns5:NetGoodwill2025-12-3105104479ns5:NetGoodwill2024-12-3105104479ns5:LeaseholdImprovements2024-12-3105104479ns5:PlantMachinery2024-12-3105104479ns5:FurnitureFittings2024-12-3105104479ns5:MotorVehicles2024-12-3105104479ns5:LeaseholdImprovements2025-01-012025-12-3105104479ns5:LeaseholdImprovements2025-12-3105104479ns5:PlantMachinery2025-12-3105104479ns5:FurnitureFittings2025-12-3105104479ns5:MotorVehicles2025-12-3105104479ns5:LeaseholdImprovements2024-12-3105104479ns5:PlantMachinery2024-12-3105104479ns5:FurnitureFittings2024-12-3105104479ns5:MotorVehicles2024-12-3105104479ns5:WithinOneYearns5:CurrentFinancialInstruments2025-12-3105104479ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3105104479ns5:WithinOneYear2025-12-3105104479ns5:WithinOneYear2024-12-3105104479ns5:BetweenOneFiveYears2025-12-3105104479ns5:BetweenOneFiveYears2024-12-3105104479ns5:AllPeriods2025-12-3105104479ns5:AllPeriods2024-12-3105104479ns10:OrdinaryShareClass12025-12-3105104479ns5:RetainedEarningsAccumulatedLosses2024-12-3105104479ns5:CapitalRedemptionReserve2024-12-3105104479ns5:RetainedEarningsAccumulatedLosses2025-01-012025-12-31
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.