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Registered number: 08051608
PNH SOLAR SOLUTIONS LTD
Unaudited Financial Statements
For The Year Ended 31 October 2025
Griff Consulting Ltd
Hova House, 1 Hova Villas
Brighton & Hove
BN3 3DH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08051608
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 113,286 117,995
Investments 5 408 408
Cash at bank and in hand 781 781
114,475 119,184
Creditors: Amounts Falling Due Within One Year 6 (94,677 ) (100,242 )
NET CURRENT ASSETS (LIABILITIES) 19,798 18,942
TOTAL ASSETS LESS CURRENT LIABILITIES 19,798 18,942
Creditors: Amounts Falling Due After More Than One Year 7 (9,005 ) (7,377 )
NET ASSETS 10,793 11,565
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 10,693 11,465
SHAREHOLDERS' FUNDS 10,793 11,565
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For the year ending 31 October 2025 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Tibor Brandt
Director
Mr Janos Kis Katos
Director
Mr Gavril Bredean
Director
18/07/2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
PNH SOLAR SOLUTIONS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 08051608 . The registered office is Hova House, 1, Hova Villas, Brighton & Hove, BN3 3DH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
Page 3
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4. Debtors
2025 2024
£ £
Due within one year
Other debtors 8,467 288
Other debtors (1) - 3,533
Other debtors (2) - 56
Other debtors (3) - 2,320
Other debtors (4) - 1,880
Other debtors (5) - 1,737
Corporation tax recoverable assets - 2,820
VAT 20 464
8,487 13,098
Due after more than one year
Other debtors 104,799 98
Other debtors (1) - 102,967
Other debtors (2) - 439
Other debtors (3) - 1,393
104,799 104,897
113,286 117,995
5. Current Asset Investments
2025 2024
£ £
Shares in subsidiaries 408 408
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 3,201 20,045
Bank loans and overdrafts 140 108
Other creditors 980 980
Other creditors (1) - 2,135
Other creditors (2) - 2,135
Directors' loan accounts 90,356 74,839
94,677 100,242
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Corporation tax 4,557 7,377
Other creditors (1) 4,448 -
9,005 7,377
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8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Reserves
Profit and Loss Account
£
As at 1 November 2024 11,465
Loss for the year and total comprehensive income (772 )
As at 31 October 2025 10,693
Amounts in Revaluation Reserves appeared due to buying and selling securities in prior years. They were put into income this year.
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