Company Registration No. 12033103 (England and Wales)
Solent Worktops Limited
Unaudited accounts
for the year ended 30 June 2024
Solent Worktops Limited
Unaudited accounts
Contents
Solent Worktops Limited
Company Information
for the year ended 30 June 2024
Secretary
Elizabeth Dumper
Company Number
12033103 (England and Wales)
Registered Office
203 West Street
Fareham
PO16 0EN
England
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
Solent Worktops Limited
Accountants' report
Accountants' report to the director of Solent Worktops Limited on the preparation of the unaudited statutory accounts for the year ended 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Solent Worktops Limited for the year ended
30 June 2024 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 Worktops 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 Worktops 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 Worktops Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Solent Worktops 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 Worktops Limited. You consider that Solent Worktops 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 Worktops 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.
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
22 August 2024
Solent Worktops Limited
Statement of financial position
as at 30 June 2024
Intangible assets
5,500
6,600
Tangible assets
8,864
11,817
Cash at bank and in hand
14,356
41,060
Creditors: amounts falling due within one year
(19,706)
(44,453)
Net current assets
4,983
15,558
Called up share capital
100
100
Profit and loss account
19,247
33,875
Shareholders' funds
19,347
33,975
For the year ending 30 June 2024 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 director acknowledges his 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 and authorised for issue on 22 August 2024 and were signed on its behalf by
R F Dumper
Director
Company Registration No. 12033103
Solent Worktops Limited
Notes to the Accounts
for the year ended 30 June 2024
Solent Worktops Limited is a private company, limited by shares, registered in England and Wales, registration number 12033103. The registered office is 203 West Street, Fareham, PO16 0EN, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
25 % reducing balance
Motor vehicles
25 % reducing balance
Computer equipment
25 % reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill - 10% straight line
4
Intangible fixed assets
Goodwill
Solent Worktops Limited
Notes to the Accounts
for the year ended 30 June 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
3,800
18,055
5,876
27,731
At 30 June 2024
3,800
18,055
5,876
27,731
At 1 July 2023
2,598
9,413
3,903
15,914
Charge for the year
300
2,160
493
2,953
At 30 June 2024
2,898
11,573
4,396
18,867
At 30 June 2024
902
6,482
1,480
8,864
At 30 June 2023
1,202
8,642
1,973
11,817
Amounts falling due within one year
Trade debtors
10,333
18,951
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,388
5,088
Trade creditors
9,578
31,215
Taxes and social security
5,383
7,598
Loans from directors
357
552
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
(552)
(19,708)
(19,903)
(357)
(552)
(19,708)
(19,903)
(357)
10
Average number of employees
During the year the average number of employees was 3 (2023: 3).