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Company Registration No. 03770166 (England and Wales)
Solent Corporation Limited Unaudited accounts for the year ended 31 May 2023
Solent Corporation Limited Unaudited accounts Contents
Page
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Solent Corporation Limited Company Information for the year ended 31 May 2023
Directors
Barry McCammon Margot Emanuel
Company Number
03770166 (England and Wales)
Registered Office
First Floor 85 Great Portland Street London W1W 7LT England
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
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Solent Corporation Limited Accountants' report
Accountants' report to the board of directors of Solent Corporation Limited on the preparation of the unaudited statutory accounts for the year ended 31 May 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Solent Corporation Limited for the year ended 31 May 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Solent Corporation Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Solent Corporation Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Solent Corporation Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Solent Corporation Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Solent Corporation Limited. You consider that Solent Corporation Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Solent Corporation Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT 20 October 2023
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Solent Corporation Limited Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
279 
489 
Current assets
Debtors
290 
- 
Cash at bank and in hand
2,887 
5,448 
3,177 
5,448 
Creditors: amounts falling due within one year
(481)
(1,517)
Net current assets
2,696 
3,931 
Net assets
2,975 
4,420 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
2,973 
4,418 
Shareholders' funds
2,975 
4,420 
For the year ending 31 May 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 November 2023 and were signed on its behalf by
Barry McCammon Director Company Registration No. 03770166
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Solent Corporation Limited Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Solent Corporation Limited is a private company, limited by shares, registered in England and Wales, registration number 03770166. The registered office is First Floor, 85 Great Portland Street, London, W1W 7LT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% on cost
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2022
3,006 
At 31 May 2023
3,006 
Depreciation
At 1 June 2022
2,517 
Charge for the year
210 
At 31 May 2023
2,727 
Net book value
At 31 May 2023
279 
At 31 May 2022
489 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
290 
- 
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Solent Corporation Limited Notes to the Accounts for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
- 
1,516 
Loans from directors
1 
1 
Accruals
480 
- 
481 
1,517 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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