Set3 Solutions Limited - Filleted accounts

Registered number

07529472

Set3 Solutions Limited

Filleted Accounts

31 January 2026

Set3 Solutions Limited
Registered number:		07529472
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		233,205			316,466

Current assets
Debtors	4	565,945			547,638
Investments held as current assets	5	280			280
Cash at bank and in hand		1,042,296			606,394
		1,608,521			1,154,312

Creditors: amounts falling due within one year	6	(850,135)			(521,459)

Net current assets			758,386			632,853

Total assets less current liabilities			991,591			949,319

Creditors: amounts falling due after more than one year	7		(125,778)			(169,214)



Net assets			865,813			780,105

Capital and reserves
Called up share capital			6			6
Profit and loss account			865,807			780,099

Shareholders' funds			865,813			780,105

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




C Blackmore
Director
Approved by the board on 2 June 2026

Set3 Solutions Limited
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 4 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			6		6


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 February 2025	47,226		343,840		391,066
	Additions	8,550		-		8,550
	At 31 January 2026	55,776		343,840		399,616

	Depreciation
	At 1 February 2025	38,783		35,817		74,600
	Charge for the year	5,851		85,960		91,811
	At 31 January 2026	44,634		121,777		166,411

	Net book value
	At 31 January 2026	11,142		222,063		233,205
	At 31 January 2025	8,443		308,023		316,466


4	Debtors			2026		2025
£					£

	Trade debtors			566,814		548,721
	Other debtors			(869)		(1,083)
				565,945		547,638


5	Investments held as current assets			2026		2025
£					£
	Fair value
	Unlisted investments			280		280



6	Creditors: amounts falling due within one year			2026		2025
£					£

	Trade creditors			553,648		397,361
	Taxation and social security costs			295,659		123,061
	Other creditors			828		1,037
				850,135		521,459


7	Creditors: amounts falling due after one year			2026		2025
£					£

	Obligations under finance lease and hire purchase contracts			125,778		169,214


8	Other information

	Set3 Solutions Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 4 Pondtail Farm
	West Grinstead
	West Sussex
	RH13 8LN