Company registration number: 04251659
Annual report and unaudited financial statements
for the year ended 28 February 2025
for
SOLLAND LIMITED
Pages for filing with the Registrar
Company registration number: 04251659
SOLLAND LIMITED
Balance sheet
as at 28 February 2025
28 Feb 25 29 Feb 24
Note £ £ £ £
Fixed assets
Tangible assets 4 5,486 6,857
5,486 6,857
Current assets
Stocks 573,200 549,900
Debtors 6 2,871,879 2,805,144
Cash at bank and in hand 8,507 298,489
3,453,586 3,653,533
Creditors: amounts falling due within one
year 		7 (1,529,819) (1,532,972)
Net current assets 1,923,767 2,120,561
Total assets less current liabilities 1,929,253 2,127,418
Creditors: Amounts falling due after more
than one year 		8 (8,884) (18,874)
NET ASSETS 1,920,369 2,108,544
Capital and reserves
Called up share capital 4,351,000 4,351,000
Profit and loss account (2,430,631) (2,242,456)
TOTAL EQUITY 1,920,369 2,108,544
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 28 February 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 04251659
SOLLAND LIMITED
Balance sheet - continued
as at 28 February 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 21 May 2026 and signed on its behalf by:
A Solland, Director
21 May 2026
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SOLLAND LIMITED
Notes to the financial statements
for the year ended 28 February 2025
1 Company information
SOLLAND LIMITED is a private company registered in England and Wales. Its registered number is 04251659. The company is limited by shares. Its registered office is 4 Quex Road, London, NW6 4PJ.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - straight line over the lease term
Plant and machinery etc.:
Plant and machinery - 25% reducing balance
Investments in subsidiaries
Investments in subsidiaries are recognised at cost.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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SOLLAND LIMITED
Notes to the financial statements - continued
for the year ended 28 February 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 7 (2024 - 7).
4 Tangible fixed assets
Land and
buildings 		Plant and
machinery
etc. 		Totals
£ £ £
Cost
At 1 March 2024 10,987 207,588 218,575
At 28 February 2025 10,987 207,588 218,575
Depreciation
At 1 March 2024 10,987 200,731 211,718
Charge for year - 1,371 1,371
At 28 February 2025 10,987 202,102 213,089
Net book value
At 28 February 2025 - 5,486 5,486
At 29 February 2024 - 6,857 6,857
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SOLLAND LIMITED
Notes to the financial statements - continued
for the year ended 28 February 2025
5 Fixed asset investments
Investments other than loans
Shares in
group
undertakings
and
participating
interests
£
Cost
At 1 March 2024 601,000
At 28 February 2025 601,000
Provision
At 1 March 2024 601,000
At 28 February 2025 601,000
Net book value
At 28 February 2025 -
At 29 February 2024 -
6 Debtors
2025 2024
£ £
Trade debtors 1,839,892 1,775,932
Other debtors 205,723 202,948
Prepayments and accrued income 826,264 826,264
2,871,879 2,805,144
7 Creditors: amounts falling due within one year
2025 2024
£ £
Bank loans and overdrafts 10,000 10,000
Trade creditors 246,224 279,247
Other creditors 1,242,654 1,198,555
Taxation 25,941 40,670
Accruals and deferred income 5,000 4,500
1,529,819 1,532,972
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SOLLAND LIMITED
Notes to the financial statements - continued
for the year ended 28 February 2025
8 Creditors: amounts falling due after more than one year
2025 2024
£ £
Bank loans 8,884 18,874
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