Solatherm Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07651872

Solatherm Ltd

Filleted Unaudited Financial Statements

31 March 2026

Solatherm Ltd

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	5		9,570	8,325

Current assets

Stocks		151,097	149,987
Debtors	6	255,163	439,771
Cash at bank and in hand		–	8,681
		---------	---------
		406,260	598,439

Creditors: amounts falling due within one year	7	169,230		348,172
		---------		---------
Net current assets			237,030	250,267
			---------	---------
Total assets less current liabilities			246,600	258,592

Creditors: amounts falling due after more than one year	8	248,757	300,241
		---------	---------
Net liabilities		( 2,157)	( 41,649)
		---------	---------

Capital and reserves

Called up share capital	1	1
Profit and loss account	( 2,158)	( 41,650)
	-------	--------
Shareholders deficit	( 2,157)	( 41,649)
	-------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Solatherm Ltd

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 31 July 2026 , and are signed on behalf of the board by:

Mr B Hayward
Director

Company registration number: 07651872

Solatherm Ltd

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Suite 208, 26 Oriel House, The Quadrant, Richmond, TW9 1DL.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 9 (2025: 8 ).

5. Tangible assets

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 April 2025	76,673	29,585	106,258
Disposals	6,584	–	6,584
	--------	--------	---------
At 31 March 2026	83,257	29,585	112,842
	--------	--------	---------
Depreciation
At 1 April 2025	69,221	28,712	97,933
Charge for the year	462	4,877	5,339
	--------	--------	---------
At 31 March 2026	69,683	33,589	103,272
	--------	--------	---------
Carrying amount
At 31 March 2026	13,574	( 4,004)	9,570
	--------	--------	---------
At 31 March 2025	7,452	873	8,325
	--------	--------	---------

6. Debtors

	2026	2025
	£	£
Trade debtors	131,224	55,045
Other debtors	123,939	384,726
	---------	---------
	255,163	439,771
	---------	---------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	8,548	6,018
Trade creditors	121,833	257,942
Social security and other taxes	35,549	38,957
Other creditors	3,300	45,255
	---------	---------
	169,230	348,172
	---------	---------

8. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	248,757	294,033
Other creditors	–	6,208
	---------	---------
	248,757	300,241
	---------	---------

9. Related party transactions

The company was under the control of Mr Ben Hayward throughout the current and previous year. Mr Ben Hayward is the managing director and majority shareholder. No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.