SOLEV CO. LIMITED

• ⚠

  Material uncertainty over going concern

  (e) Going concern The trustees wrote to the Charity Commission in October 2025 with regard to transferring the assets of Solev Limited to a separate charity and this process, which is subject to Charity Commission approval and approval by the potential beneficiary charity, remains ongoing. Nevertheless, as it is the intention of the Trustees to wind up the charity, the financial statements have been prepared on a basis other than that of a going concern. Should approval not be obtained from the Charity Commission and/or the potential beneficiary charity, the Trustees are confident that the charity has sufficient available funds to be able to finance its obligations as they fall due. No changes have been required to be made to the financial statements as a result of preparing them on a basis other than that of a going concern.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“(e) Going concern The trustees wrote to the Charity Commission in October 2025 with regard to transferring the assets of Solev Limited to a separate charity and this process, which is subject to Charity Commission approval and approval by the potential beneficiary charity, remains ongoing. Nevertheless, as it is the intention of the Trustees to wind up the charity, the financial statements have been prepared on a basis other than that of a going concern. Should approval not be obtained from the Charity Commission and/or the potential beneficiary charity, the Trustees are confident that the charity has sufficient available funds to be able to finance its obligations as they fall due. No changes have been required to be made to the financial statements as a result of preparing them on a basis other than that of a going concern.”

Significant events

• “All grant giving has currently been paused. The trustees wrote to the Charity Commission in October 2025 with regard to transferring the assets of Solev Limited to a donor advised fund and this process, which is subject to Charity Commission approval and approval by the potential beneficiary charity, remains ongoing.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -7.9%

  £299,538 → £275,884

• Cash

  —

  Not reported

• Net assets

  —

  Not reported

• Employees

  —

  Not reported

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers