ACCOUNTS - Final Accounts preparation

Registered number: 03507680

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 30 DECEMBER 2025

	SOLOMON CONSULTING LIMITED


SOLOMON CONSULTING LIMITED REGISTERED NUMBER:03507680

STATEMENT OF FINANCIAL POSITION

AS AT 30 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		1,995		424
			1,995		424
Current assets
Debtors: amounts falling due within one year	5	122,346		94,655
Cash at bank and in hand	6	45,007		35,041
		167,353		129,696
Creditors: amounts falling due within one year	7	(85,309)		(84,028)
Net current assets			82,044		45,668
Total assets less current liabilities			84,039		46,092

Net assets			84,039		46,092

Capital and reserves
Called up share capital	2	2
Profit and loss account	84,037	46,090
	84,039	46,092

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 August 2026.

R Hall

Director

The notes on pages 3 to 6 form part of these financial statements.

Page 1


SOLOMON CONSULTING LIMITED REGISTERED NUMBER:03507680

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 30 DECEMBER 2025

Page 2


SOLOMON CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 DECEMBER 2025

1.	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is
6 Dinhay
Marnhull
Sturminster Newton
Dorset
England
DT10 1LS

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Page 3


SOLOMON CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 DECEMBER 2025

2.Accounting policies (continued)

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Office equipment	-	20%
				Computer equipment	-	33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

Page 4


SOLOMON CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 DECEMBER 2025

4.	Tangible fixed assets

	Office equipment	Computer equipment	Total
	£	£	£
Cost or valuation
At 31 December 2024	716	15,853	16,569
Additions	-	1,891	1,891
At 30 December 2025	716	17,744	18,460
Depreciation
At 31 December 2024	649	15,496	16,145
Charge for the year on owned assets	10	310	320
At 30 December 2025	659	15,806	16,465
Net book value
At 30 December 2025	57	1,938	1,995
At 30 December 2024	67	357	424

Debtors

					2025	2024
					£	£


Trade debtors	-	11,200
Other debtors	122,346	83,455
	122,346	94,655

6.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	45,007	35,041
	45,007	35,041

Page 5


SOLOMON CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 DECEMBER 2025

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	993	2,626
Corporation tax	73,280	71,226
Other taxation and social security	10,001	9,386
Accruals and deferred income	1,035	790
	85,309	84,028

8.	Related party transactions
	Directors loan

		Balance Bf	Repaid	Movement	2025	2024
		£	£	£	£	£

	Net advances during the year, repayable on demand and interest charged at HMRC approved rates.	65,138	(65,138)	104,209	104,209	65,138
		65,138	(65,138)	104,209	104,209	65,138

Page 6