05667859falsethat of providing carpentry services2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2022-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-03-31http://www.companieshouse.gov.uk/cd:Director12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2022-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/cd:Director22022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-04-012023-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22022-04-012023-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32022-04-012023-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2023-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-03-31http://www.companieshouse.gov.uk/2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/cd:FRS1022022-04-012023-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-04-012023-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 05667859

Solent Carpentry Services Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2023

Prepared By:
Jackson and Green Accountants, Business & Tax Advisers
81 High Street
Cosham
Hampshire
PO6 3BL

Solent Carpentry Services Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
DIRECTORS
Mr M R Kingswell
Mr A S Gaylor
SECRETARY
None
REGISTERED OFFICE
81 High Streert
Cosham
Hampshire
PO6 3BL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 05667859
ACCOUNTANTS
Jackson and Green Accountants, Business & Tax Advisers
81 High Street
Cosham
Hampshire
PO6 3BL

Solent Carpentry Services Limited

ACCOUNTS
FOR THEYEARENDED31/03/2023
CONTENTS
Page
Directors' Report-
Strategic Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts5
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Solent Carpentry Services Limited

BALANCE SHEET AT 31/03/2023
20232022
Notes££
FIXED ASSETS
Tangible assets417,4622,986
CURRENT ASSETS
Stock4,1123,180
Debtors680,53964,923
Cash at bank and in hand107,67423,072
192,32591,175
CREDITORS: Amounts falling due within one year7152,370141,873
NET CURRENT ASSETS / (LIABILITIES)39,955(50,698)
TOTAL ASSETS LESS CURRENT LIABILITIES57,417(47,712)
CREDITORS: Amounts falling due after more than one year823,33333,333
PROVISIONS FOR LIABILITIES AND CHARGES93,318568
NET ASSETS / (LIABILITIES)30,766(81,613)
CAPITAL AND RESERVES
Called up share capital101022
Other reserves11-857
Profit and loss account30,664(82,472)
SHAREHOLDERS' FUNDS30,766(81,613)

Solent Carpentry Services Limited

BALANCE SHEET AT 31/03/2023
For the year ending 31/03/2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 31/08/2023 and signed on their behalf by
.............................
Mr M R Kingswell
Director
.............................
Mr A S Gaylor
Director

Solent Carpentry Services Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting FRS 1021 a
Solent Carpentry Services Limited is a private company limited by shares and is registered and incorporated in England and Wales. The registered office is 81 High Street, Cosham, Hampshire, PO6 3BL. The principal activity of the company during the year under review was that of providing carpentry services.
These financial statements have been prepared in accordance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 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 £1. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1b. Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is calculated to write down the cost less estimated residual value of all tangible fixed assets, over their expected useful lives.
Plant And Machinerystraight line25%
Commercial Vehiclesstraight line25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The amount charged to profit or loss is the contributions payable in the year. Differences between contributions payable in the year and contributions actually paid are shown as either accruals or prepayments.
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Solent Carpentry Services Limited

1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life of up to 10 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
1f. Government Grants
Government grants are recognised in profit and loss in the year in which they are received.
1g. Leasing Commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight line basis.
2. EMPLOYEES
20232022
No.No.
Average number of employees1010
3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/04/202290,00090,000
At 31/03/202390,00090,000
Depreciation
At 01/04/202290,00090,000
At 31/03/202390,00090,000
Net Book Amounts
At 31/03/2023--

Solent Carpentry Services Limited

4. TANGIBLE FIXED ASSETS
Plant andCommercial
MachineryVehiclesTotal
£££
Cost
At 01/04/202256816,24116,809
Additions46117,00017,461
Disposals-(12,260)(12,260)
At 31/03/20231,02920,98122,010
Depreciation
At 01/04/202214213,68113,823
Disposals-(12,260)(12,260)
For the year2192,7662,985
At 31/03/20233614,1874,548
Net Book Amounts
At 31/03/202366816,79417,462
At 31/03/20224262,5602,986
5. STOCK 20232022
££
Stock comprises:
Stock4,1123,180
4,1123,180
6. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors42,20019,570
Other debtors1,6001,600
Prepayments7,3586,004
Accrued income29,38137,749
80,53964,923

Solent Carpentry Services Limited

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax22,335-
VAT22,08323,338
PAYE control6,3336,804
Salaries and wages control5,9204,499
CIS control2,9653,704
Directors current account531,297
Directors current account499447
Loans8,3338,333
Credit card16,55011,962
Trade creditors63,53474,148
Pension schemes-218
Accruals3,7657,123
152,370141,873
8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Loans >1yr23,33333,333
23,33333,333
9. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation3,318568
3,318568

Solent Carpentry Services Limited

10. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each1002
1 Ordinary A shares of £1 each1
1 Ordinary B shares of £1 each1
1022
New shares issued during period:
98 Ordinary shares of £1 each98
1 Ordinary A shares of £1 each1
1 Ordinary B shares of £1 each1
100-
98 Ordinary shares were issued and allotted on 31/03/2023. The Ordinary shares have attached to them full voting, dividend and capital distribution (including on winding up) rights; they do not confer any rights of redemption. 1 Ordinary A share and 1 Ordinary B share were issued and allotted on 31/03/2023. The Ordinary A and B shares are for dividend distribution only and are at the discretion of the Directors only and confer no other rights.
11. OTHER RESERVES 20232022
££
Other reserves-857
-857
12. CONTROLLING PARTY
The company is controlled by the directors, Mr M R Kingswell and Mr A S Gaylor.