REGISTERED NUMBER: 03238080 (England and Wales)

SOLTEC (UK) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N A Rouse

A J Rouse

REGISTERED OFFICE:

13 Farriers Way

Temple Farm Industrial Estate

Southend-on-Sea

Essex

SS2 5RY

REGISTERED NUMBER:

03238080 (England and Wales)

ACCOUNTANTS:

Clay Ratnage Daffin & Co Limited

Chartered Accountants

Suite D, The Business Centre

Faringdon Avenue

Romford

Essex

RM3 8EN

FIXED ASSETS

Tangible assets

4

35,265

40,859

CURRENT ASSETS

Stocks

5

5,500

4,000

Debtors

6

48,404

47,243

Cash at bank and in hand

131,834

207,841

185,738

259,084

CREDITORS

Amounts falling due within one year

7

50,771

69,695

NET CURRENT ASSETS

134,967

189,389

TOTAL ASSETS LESS CURRENT LIABILITIES

170,232

230,248

PROVISIONS FOR LIABILITIES

9

5,456

6,245

NET ASSETS

164,776

224,003

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

164,676

223,903

164,776

224,003

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 22 May 2026 and were signed on its behalf by:

A J Rouse - Director

1.	STATUTORY INFORMATION

Soltec (UK) Limited 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.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's Balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Classification of financial liabilities: Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

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.

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.

Interest income

Interest income is recognised in profit or loss using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

59,249

62,116

30,070

10,138

161,573

Additions

1,687

-

-

2,156

3,843

At 31 August 2025

60,936

62,116

30,070

12,294

165,416

DEPRECIATION

At 1 September 2024

42,779

44,176

25,314

8,445

120,714

Charge for year

2,723

2,690

1,189

2,835

9,437

At 31 August 2025

45,502

46,866

26,503

11,280

130,151

NET BOOK VALUE

At 31 August 2025

15,434

15,250

3,567

1,014

35,265

At 31 August 2024

16,470

17,940

4,756

1,693

40,859

5.

STOCKS

2025

2024

£

£

Stocks

5,500

4,000

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

38,247

44,337

Other debtors

8,032

781

46,279

45,118

Amounts falling due after more than one year:

Other debtors

2,125

2,125

Aggregate amounts

48,404

47,243

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

38,474

36,883

Taxation and social security

5,913

19,763

Other creditors

6,384

13,049

50,771

69,695

8.	LEASING AGREEMENTS

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

2025

2024

£

£

Within one year

-

8,500

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

5,456

6,245

Deferred

tax

£

Balance at 1 September 2024

6,245

Provided during year

(789

)

Balance at 31 August 2025

5,456

10.	CALLED UP SHARE CAPITAL

Alloted, issued and fully paid:

Number

Class

Nominal

2025

2024

value

£

£

45

Ordinary

£1

45

45

45

Ordinary A

£1

45

45

5

Ordinary B

£1

5

5

5

Ordinary C

£1

5

5

100

100

The Ordinary shares, A shares, B shares and C shares of the company shall rank pari passu in terms of voting rights and entitlement to participation in a winding up with the exception of dividend rights, which shall be independent for each class.

11.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme for the benefit of the director and employees. The assets of the scheme are administered by trustees in the fund independent from those of the company. The pension cost charge represents contributions payable by the company to the fund and amounted to £6,611 (2024 - £6,798). Contributions totalling £791 (2024 - £693) were payable to the fund at the balance sheet date and are included in creditors.