REGISTERED NUMBER: 07310376 (England and Wales)

SOLID DEVELOPMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 NOVEMBER 2024 TO 31 DECEMBER 2025

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Whiley

J Chambers

G Whiley

K Whiley

REGISTERED OFFICE:

172 Brierley Road

Walton Summit Centre

Preston

Lancashire

PR5 8AH

REGISTERED NUMBER:

07310376 (England and Wales)

ACCOUNTANTS:

Rushtons

Chartered Accountants

Shorrock House

1 Faraday Court

Fulwood

Preston

Lancashire

PR2 9NB

FIXED ASSETS

Tangible assets

4

10,616

12,811

Investments

5

3,253

-

Investment property

6

1,530,000

930,000

1,543,869

942,811

CURRENT ASSETS

Debtors

1,486

37,150

Cash at bank

43,784

14,925

45,270

52,075

CREDITORS

Amounts falling due within one year

34,725

35,122

NET CURRENT ASSETS

10,545

16,953

TOTAL ASSETS LESS CURRENT LIABILITIES

1,554,414

959,764

PROVISIONS FOR LIABILITIES

200,146

1,588

NET ASSETS

1,354,268

958,176

CAPITAL AND RESERVES

Called up share capital

2,480

100

Retained earnings

1,351,788

958,076

SHAREHOLDERS' FUNDS

1,354,268

958,176

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 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.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 June 2026 and were signed on its behalf by:

J Chambers - Director

1.	STATUTORY INFORMATION

Solid Developments 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 as modified by the revaluation of certain assets.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover

Turnover 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 each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 November 2024

and 31 December 2025

24,542

DEPRECIATION

At 1 November 2024

11,731

Charge for period

2,195

At 31 December 2025

13,926

NET BOOK VALUE

At 31 December 2025

10,616

At 31 October 2024

12,811

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

Additions

3,253

At 31 December 2025

3,253

NET BOOK VALUE

At 31 December 2025

3,253

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

930,000

Revaluations

600,000

At 31 December 2025

1,530,000

NET BOOK VALUE

At 31 December 2025

1,530,000

At 31 October 2024

930,000

The investment property valuation of £1,530,000 was valued at market value on 31st December 2025 by the directors having regard to a valuation on 6th October 2025 by Armistead Barnett, Chartered Surveyors. The historical cost of freehold land and buildings included at valuation was £731,253.

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

V Whiley

Balance outstanding at start of period

35,275

-

Amounts advanced

38,144

43,275

Amounts repaid

(73,419

)

(8,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

-

35,275