REGISTERED NUMBER: 02471208 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Solstar Enterprises Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L D Smith

Mrs J Smith

T Smith

Miss M Smith

SECRETARY:

Mrs J Smith

REGISTERED OFFICE:

26/27 Leeside

Merrylees Industrial Estate

Desford

Leicestershire

LE9 9FS

REGISTERED NUMBER:

02471208 (England and Wales)

ACCOUNTANTS:

Clayton & Brewill

Chartered Accountants

Cawley House

149-155 Canal Street

Nottingham

Nottinghamshire

NG1 7HR

FIXED ASSETS

Property, plant and equipment

4

739,064

696,607

CURRENT ASSETS

Inventories

87,599

112,989

Debtors

5

1,549,184

1,263,099

Cash at bank

76,059

23,110

1,712,842

1,399,198

CREDITORS

Amounts falling due within one year

6

1,108,536

885,972

NET CURRENT ASSETS

604,306

513,226

TOTAL ASSETS LESS CURRENT LIABILITIES

1,343,370

1,209,833

CREDITORS

Amounts falling due after more than one year

7

-

(1,775

)

PROVISIONS FOR LIABILITIES

(184,766

)

(174,152

)

NET ASSETS

1,158,604

1,033,906

CAPITAL AND RESERVES

Called up share capital

30,000

30,000

Retained earnings

1,128,604

1,003,906

SHAREHOLDERS' FUNDS

1,158,604

1,033,906

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 29 July 2026 and were signed on its behalf by:

L D Smith - Director

1.	STATUTORY INFORMATION

Solstar Enterprises Limited 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

Revenue 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 the cost less estimated residual value of each asset over its estimated useful life.

Improvements to property

-

10% on reducing balance

Plant and machinery

-

10% on reducing balance

Motor vehicles

-

25% reducing balance

Stocks

Inventories and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 year was 56 (2025 - 52 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2025

141,814

795,729

28,859

27,065

993,467

Additions

-

208,309

981

-

209,290

Disposals

-

(148,662

)

(5,787

)

-

(154,449

)

At 31 March 2026

141,814

855,376

24,053

27,065

1,048,308

DEPRECIATION

At 1 April 2025

34,550

244,530

5,622

12,158

296,860

Charge for year

10,726

64,437

2,328

3,727

81,218

Eliminated on disposal

-

(67,081

)

(1,753

)

-

(68,834

)

At 31 March 2026

45,276

241,886

6,197

15,885

309,244

NET BOOK VALUE

At 31 March 2026

96,538

613,490

17,856

11,180

739,064

At 31 March 2025

107,264

551,199

23,237

14,907

696,607

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,214,343

837,971

Other debtors

1,070

2,310

L & J Display Limited

306,254

292,754

Posiform

1,220

81,198

Prepayments and accrued income

26,297

48,866

1,549,184

1,263,099

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

1,776

10,462

Trade creditors

353,255

456,775

Corporation tax

32,654

37,328

Social security and other taxes

69,591

48,855

VAT

30,207

10,583

Other creditors and accruals

64,505

60,685

Invoice financing

556,548

261,284

1,108,536

885,972

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

-

1,775

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

81,000

81,000

Between one and five years

128,250

209,250

209,250

290,250

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

1,776

12,237

On 28th January 2011 a fixed and floating charge was created on all monies due or to become due to RBS Invoice Finance Limited secured on all assets present and future.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is L & J Display Ltd.

The ultimate controlling party is Mr L D Smith and Mrs J Smith.