Solace Care 7kings Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 12459993 (England and Wales)

FINANCIAL STATEMENTS FOR THE PERIOD 1 MARCH 2024 TO 31 JULY 2025

FOR

SOLACE CARE 7KINGS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

7

DIRECTORS:

Mr Zahid Ali Choudhry

Mr Javed Ghafoor

REGISTERED OFFICE:

Unit 2a 420 Eastern Avenue

Ilford

Essex

IG2 6NQ

REGISTERED NUMBER:

12459993 (England and Wales)

ACCOUNTANTS:

Hybrid Accountancy Limited

Suite 3, 16 Village Way East

Harrow

HA2 7LU

FIXED ASSETS

Tangible assets

4

10,231

21,471

CURRENT ASSETS

Debtors

5

349,365

120,071

Cash at bank and in hand

103,529

4,412

452,894

124,483

CREDITORS

Amounts falling due within one year

6

165,534

27,351

NET CURRENT ASSETS

287,360

97,132

TOTAL ASSETS LESS CURRENT
LIABILITIES

297,591

118,603

CREDITORS

Amounts falling due after more than one
year

7

5,011

19,274

NET ASSETS

292,580

99,329

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

9

292,480

99,229

SHAREHOLDERS' FUNDS

292,580

99,329

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 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 21 July 2026 and were signed on its behalf by:

Mr Zahid Ali Choudhry - Director

1.	STATUTORY INFORMATION

Solace Care 7kings Ltd 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.

Improvements to property

-

20% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

20% on cost

TAXATION

Taxation for the period 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

COST

At 1 March 2024

5,894

37,147

5,544

48,585

Additions

2,600

858

-

3,458

At 31 July 2025

8,494

38,005

5,544

52,043

DEPRECIATION

At 1 March 2024

2,358

21,290

3,466

27,114

Charge for period

2,407

10,721

1,570

14,698

At 31 July 2025

4,765

32,011

5,036

41,812

NET BOOK VALUE

At 31 July 2025

3,729

5,994

508

10,231

At 29 February 2024

3,536

15,857

2,078

21,471

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/25

29/2/24

£

Trade debtors

142,243

25,637

Amounts owed by group undertakings

207,122

94,434

349,365

120,071

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/25

29/2/24

£

Bank loans and overdrafts

10,648

Trade creditors

16

5,634

Tax

150,502

4,105

Social security and other taxes

2,368

5,043

Directors' current accounts

-

421

Accrued expenses

2,000

1,500

165,534

27,351

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31/7/25

29/2/24

£

Bank loans more 5 yr by instal

5,011

19,274

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

5,011

19,274

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/7/25

29/2/24

value:

£

100

Ordinary

1

100

9.

RESERVES

Retained

earnings

£

At 1 March 2024

99,229

Profit for the period

443,251

Dividends

(250,000

)

At 31 July 2025

292,480

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Solace Care 7kings Ltd for the period ended 31 July 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Solace Care 7kings Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Solace Care 7kings Ltd and state those matters that we have agreed to state to the Board of Directors of Solace Care 7kings Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Solace Care 7kings Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Solace Care 7kings Ltd. You consider that Solace Care 7kings Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Solace Care 7kings Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hybrid Accountancy Limited

Suite 3, 16 Village Way East

Harrow

HA2 7LU

Date: .............................................