Company registration number: 03595870
Annual report and unaudited financial statements
for the year ended 31 August 2025
for
The Solutions Factory Ltd.
Pages for filing with the Registrar
Company registration number: 03595870
The Solutions Factory Ltd.
Balance sheet
as at 31 August 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 1,066,172 1,087,605
1,066,172 1,087,605
Current assets
Debtors 159,771 204,060
Cash at bank and in hand 538,739 490,281
698,510 694,341
Creditors: amounts falling due within one
year 		(66,051) (102,419)
Net current assets 632,459 591,922
Total assets less current liabilities 1,698,631 1,679,527
Provisions for liabilities (28,886) (24,272)
NET ASSETS 1,669,745 1,655,255
Capital and reserves
Called up share capital 100 100
Profit and loss account 1,669,645 1,655,155
TOTAL EQUITY 1,669,745 1,655,255
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 August 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges 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: 03595870
The Solutions Factory Ltd.
Balance sheet - continued
as at 31 August 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.
Signed by:
Mr G Parker, Director
28 May 2026
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The Solutions Factory Ltd.
Notes to the financial statements
for the year ended 31 August 2025
1 Company information
The Solutions Factory Ltd. is a private company registered in England and Wales. Its registered number is 03595870. The company is limited by shares. Its registered office is Cwmtywyll, Pontweli, Llandysul, Carmarthenshire, SA44 4RS.
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 director has 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 director takes 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 director considers 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 - Land is not depreciated as it has an unlimited life. The
building is depreciated at 1% straight line, over 100
years as it is of historic significance and likely to have a
long life.
Plant and machinery etc.:
Plant and machinery - Computer hardware, software & office equipment:
33.3% straight line.
Solar power plant long life: 4% straight line.
Solar power plant: short life: 12.5% straight line.
Fixtures & fittings - 33.3% straight line
Motor vehicles - 25% straight line
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The Solutions Factory Ltd.
Notes to the financial statements - continued
for the year ended 31 August 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred 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 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.
Deferred taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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 3 (2024 - 3).
4 Tangible fixed assets
Land and
buildings 		Plant and
machinery
etc. 		Totals
£ £ £
Cost
At 1 September 2024 815,869 900,619 1,716,488
Additions 21,325 17,059 38,384
At 31 August 2025 837,194 917,678 1,754,872
Depreciation
At 1 September 2024 50,919 577,964 628,883
Charge for year 6,324 53,493 59,817
At 31 August 2025 57,243 631,457 688,700
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The Solutions Factory Ltd.
Notes to the financial statements - continued
for the year ended 31 August 2025
4 Tangible fixed assets - continued
Net book value
At 31 August 2025 779,951 286,221 1,066,172
At 31 August 2024 764,950 322,655 1,087,605
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