REGISTERED NUMBER: 11750269 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

SOLA INVESTMENTS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

A De Vivo

S De Vivo

REGISTERED OFFICE:

First Floor

129 High Street

Guildford

Surrey

GU1 3AA

REGISTERED NUMBER:

11750269 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Guildford) Limited

First Floor

129 High Street

Guildford

Surrey

GU1 3AA

FIXED ASSETS

Tangible assets

4

51,992

69,382

Investment property

5

738,880

738,880

790,872

808,262

CURRENT ASSETS

Cash in hand

10,368

26,622

CREDITORS

Amounts falling due within one year

6

(258,642

)

(344,677

)

NET CURRENT LIABILITIES

(248,274

)

(318,055

)

TOTAL ASSETS LESS CURRENT LIABILITIES

542,598

490,207

CREDITORS

Amounts falling due after more than one year

7

(404,726

)

(400,777

)

NET ASSETS

137,872

89,430

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

137,862

89,420

137,872

89,430

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 28 October 2026 and were signed on its behalf by:

A De Vivo - Director

1.	STATUTORY INFORMATION

Sola Investments 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.

The accounts are presented in £ sterling.

Critical accounting judgements and key sources of estimation uncertainty

The preparation of financial statements in compliance with FRS 102 Section 1A requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting polices. In preparing these financial statements, the directors have made the following judgements:

Determine whether there are indicators of impairment of the company's tangible fixed assets and investment property. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset and where it is a component of a larger cash-generating unit, the viability and expected future performance of that unit.

Other key sources of estimation uncertainty:

Tangible fixed assets (note 4)

Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. In re-assessing asset lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account. Residual value assessments consider issues such as future market conditions, the remaining life of the asset and projected disposal values.

Turnover

Turnover consists of rent received and property management income and is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles - 25% reducing balance

Computer equipment - 3 years straight line

Investment property

Investment property is carried at fair value determined annually by the directors based on an open marked value for existing use basis. No depreciation is provided. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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.

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 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 February 2025

and 31 January 2026

101,787

2,063

103,850

DEPRECIATION

At 1 February 2025

32,890

1,578

34,468

Charge for year

17,224

166

17,390

At 31 January 2026

50,114

1,744

51,858

NET BOOK VALUE

At 31 January 2026

51,673

319

51,992

At 31 January 2025

68,897

485

69,382

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

and 31 January 2026

738,880

NET BOOK VALUE

At 31 January 2026

738,880

At 31 January 2025

738,880

The 2023 valuations were made by the directors, on an open market value for existing use basis.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

164,320

161,917

Trade creditors

3,300

-

Tax

18,633

7,274

Directors' loan accounts

72,389

175,486

258,642

344,677

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

404,726

400,777

2026

2025

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans

404,726

400,777

8.	SECURED DEBTS

The bank loans are secured by fixed charges over the investment properties held by the company.