Solace Care Group Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 12092660 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

SOLACE CARE GROUP LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr Zahid Ali Choudhry

REGISTERED OFFICE:

Unit 2a, 420 Eastern Avenue

Ilford

Essex

IG2 6NQ

REGISTERED NUMBER:

12092660 (England and Wales)

FIXED ASSETS

Tangible assets

4

11,277

4,530

CURRENT ASSETS

Debtors

5

993,889

337,477

Cash at bank and in hand

107,557

10,159

1,101,446

347,636

CREDITORS

Amounts falling due within one year

6

608,644

161,040

NET CURRENT ASSETS

492,802

186,596

TOTAL ASSETS LESS CURRENT
LIABILITIES

504,079

191,126

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

9

503,979

191,026

SHAREHOLDERS' FUNDS

504,079

191,126

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

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

The director acknowledges his 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 director and authorised for issue on 30 July 2026 and were signed by:

Mr Zahid Ali Choudhry - Director

1.	STATUTORY INFORMATION

Solace Care Group 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.

Computer equipment

-

25% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 August 2024

7,336

Additions

10,506

At 31 July 2025

17,842

DEPRECIATION

At 1 August 2024

2,806

Charge for year

3,759

At 31 July 2025

6,565

NET BOOK VALUE

At 31 July 2025

11,277

At 31 July 2024

4,530

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/25

31/7/24

£

Amounts owed by group undertakings

993,889

334,477

Other debtors

-

3,000

993,889

337,477

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/25

31/7/24

£

Bank loans and overdrafts (see note 7)

11,834

19,214

Trade creditors

1,290

6,312

Amounts owed to group undertakings

550,519

-

Tax

20,464

32,192

Social security and other taxes

3,299

5,302

Net wages

12,206

6,366

Directors' current accounts

9,032

90,954

Accrued expenses

-

700

608,644

161,040

7.

LOANS

An analysis of the maturity of loans is given below:

31/7/25

31/7/24

£

Amounts falling due within one year or on demand:

Bank loans

11,834

19,214

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/7/25

31/7/24

value:

£

1

Ordinary

100

9.

RESERVES

Retained

earnings

£

At 1 August 2024

191,026

Profit for the year

312,953

At 31 July 2025

503,979