1 April 2025 false No description of principal activity Taxfiler 2024.6 10762345 business:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 10762345 2025-03-31 10762345 2025-04-01 2026-03-31 10762345 business:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 10762345 business:FilletedAccounts 2025-04-01 2026-03-31 10762345 2026-03-31 10762345 business:Director1 2025-04-01 2026-03-31 10762345 business:Director2 2025-04-01 2026-03-31 10762345 business:RegisteredOffice 2025-04-01 2026-03-31 10762345 2025-03-31 10762345 core:WithinOneYear 2026-03-31 10762345 core:WithinOneYear 2025-03-31 10762345 core:ShareCapital core:PreviouslyStatedAmount 2026-03-31 10762345 core:ShareCapital core:PreviouslyStatedAmount 2025-03-31 10762345 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2026-03-31 10762345 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 10762345 core:PreviouslyStatedAmount 2026-03-31 10762345 core:PreviouslyStatedAmount 2025-03-31 10762345 business:SmallEntities 2025-04-01 2026-03-31 10762345 countries:EnglandWales 2025-04-01 2026-03-31 10762345 core:PlantMachinery 2025-04-01 2026-03-31 10762345 core:MotorVehicles 2025-04-01 2026-03-31 10762345 core:PlantMachinery 2025-03-31 10762345 core:MotorVehicles 2025-03-31 10762345 core:PlantMachinery 2026-03-31 10762345 core:MotorVehicles 2026-03-31 10762345 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure
Company Registration No. 10762345 (England and Wales)
SOLO16 LTD Unaudited accounts for the year ended 31 March 2026
SOLO16 LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SOLO16 LTD Company Information for the year ended 31 March 2026
Directors
Tom Sykes Paula Sykes
Company Number
10762345 (England and Wales)
Registered Office
2 Blackworth Court Blackworth Industrial Estate Swindon Wiltshire SN6 7NS United Kingdom
Accountants
JHW Azoth Ltd 13 The Close Norwich Norfolk NR1 4DS
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SOLO16 LTD Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
74,741
82,950
Current assets
Debtors
5
28,177
3,530
Cash at bank and in hand
45,145
68,525
73,322
72,055
Creditors: amounts falling due within one year
6
(53,546)
(51,530)
Net current assets
19,776
20,525
Total assets less current liabilities
94,517
103,475
Provisions for liabilities
Deferred tax
(14,201)
(15,760)
Net assets
80,316
87,715
Capital and reserves
Called up share capital
11
11
Profit and loss account
80,305
87,704
Shareholders' funds
80,316
87,715
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 June 2026 and were signed on its behalf by
Tom Sykes Director Company Registration No. 10762345
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SOLO16 LTD Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
SOLO16 LTD is a private company, limited by shares, registered in England and Wales, registration number 10762345. The registered office is 2 Blackworth Court, Blackworth Industrial Estate, Swindon, Wiltshire, SN6 7NS, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 years SLM
Motor vehicles
20% RBM
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2025
115,654
30,764
146,418
Additions
4,958
13,694
18,652
At 31 March 2026
120,612
44,458
165,070
Depreciation
At 1 April 2025
46,092
17,376
63,468
Charge for the year
24,123
2,738
26,861
At 31 March 2026
70,215
20,114
90,329
Net book value
At 31 March 2026
50,397
24,344
74,741
At 31 March 2025
69,562
13,388
82,950
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SOLO16 LTD Notes to the Accounts for the year ended 31 March 2026
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
28,177
2,445
Accrued income and prepayments
-
1,085
28,177
3,530
6
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans and overdrafts
-
238
VAT
6,040
3,067
Taxes and social security
4,598
5,900
Other creditors
-
(30)
Loans from directors
42,908
42,355
53,546
51,530
7
Average number of employees
During the year the average number of employees was 2 (2025: 2).
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