Solarsense (UK) Property Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07650887 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st December 2025

for

Solarsense (UK) Property Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S A Barrett

R Mees

SECRETARY:

S A Barrett

REGISTERED OFFICE:

Unit 1A

Tweed Road Industrial Estate

Clevedon

North Somerset

BS21 6RR

REGISTERED NUMBER:

07650887 (England and Wales)

ACCOUNTANTS:

Dunkley's

Chartered Certified Accountants

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

BS32 4JY

FIXED ASSETS

Investments

4

2,002,250

CURRENT ASSETS

Debtors

5

-

7,279

CREDITORS

Amounts falling due within one year

6

146,879

152,898

NET CURRENT LIABILITIES

(146,879

)

(145,619

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,855,371

1,856,631

CAPITAL AND RESERVES

Called up share capital

8

1,000

Retained earnings

1,854,371

1,855,631

SHAREHOLDERS' FUNDS

1,855,371

1,856,631

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

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

R Mees - Director

1.	STATUTORY INFORMATION

Solarsense (UK) Property 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.

Preparation of consolidated financial statements

The financial statements contain information about Solarsense (UK) Property Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.

Trade debtors, other debtors, cash and bank balances are initially measured at transaction price. They are subsequently measured at amortised cost, using the effective interest method, except where amounts fall due within one year, in which case they remain at the transaction price as discounting is not required for short term balances

Where payment terms extend beyond normal business terms, or the arrangement includes a financing element, the financial asset is measured at the present value of future cash flows, discounted at a market rate of interest.

Trade creditors, loans and accruals are initially recognised at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction, in which case liabilities are measured at the present value of future payments discounted at a market rate of interest.

Financial assets measured at cost or amortised cost are assessed for impairment at the reporting date. Any impairment loss is recognised in the profit and loss account. Reversals of impairment are recognised immediately when the estimated recoverable amount increases, provided the revised carrying value does not exceed the original carrying amount had no impairment occurred.

Financial assets and financial liabilities are only offset when the company has a legally enforceable right to set off the recognised amounts and intends to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

Functional and presentational currency

The financial statements are presented in £ sterling, which is the company's functional and presentation currency.

Going concern

The financial statements have been prepared on a going concern basis. The directors have assessed the company’s financial position, including its net current liabilities position, and are satisfied that the company will continue to meet its obligations as they fall due for a period of at least twelve months from the date of approval of these financial statements.

The company is financially supported by its subsidiary undertakings, which have confirmed their intention to continue to provide funding to the company for the foreseeable future. The directors have no reason to believe that this support will not continue.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1st January 2025

and 31st December 2025

2,002,250

NET BOOK VALUE

At 31st December 2025

2,002,250

At 31st December 2024

2,002,250

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Solarsense (UK) Ltd (company number 03925802), a company incorporated in UK, in which the company holds 100% of the issued share capital and voting rights.

The directors consider that this disclosure is sufficient to give a true and fair view in accordance with the provisions applicable to companies subject to the small companies regime under FRS 102 Section 1A.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Directors' current accounts

-

5,442

Tax

-

1,837

-

7,279

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Amounts owed to group undertakings

146,879

151,061

Tax

-

1,837

146,879

152,898

7.	SECURED DEBTS

A cross guarantee exists between this company and the subsidiary Solarsense (UK) Limited for all bank balances.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

100,000

Ordinary

£0.01

1,000

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31st December 2025 and the period ended 31st December 2024:

31.12.25

31.12.24

£

S A Barrett

Balance outstanding at start of year

5,442

5,454

Amounts repaid

(5,442

)

(12

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

5,442

All balances are unsecured, interest-free and repaid within nine months of the year-end.

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Solarsense Employee Ownership Trust Ltd.

12.	CONTINGENT LIABILITIES

The company has no contingent liabilities as at the reporting date.

13.	POST BALANCE SHEET EVENTS

There were no post balance sheet events.