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REGISTERED NUMBER: 05915538 (England and Wales)
















Unaudited Financial Statements

for the Year Ended 30 November 2023

for

Solent Nightz Limited

Solent Nightz Limited (Registered number: 05915538)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Solent Nightz Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: A M Byham





SECRETARY: Roches CA Limited





REGISTERED OFFICE: 1 Manor Court
6 Barnes Wallis Road
Segensworth
Fareham
Hampshire
PO15 5TH





REGISTERED NUMBER: 05915538 (England and Wales)





ACCOUNTANTS: Roches
Chartered Accountants
1 Manor Court
6 Barnes Wallis Road
Segensworth
Fareham
Hampshire
PO15 5TH

Solent Nightz Limited (Registered number: 05915538)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,718 13,791

CURRENT ASSETS
Debtors 5 118,385 54,412
Cash at bank and in hand 187,588 225,359
305,973 279,771
CREDITORS
Amounts falling due within one year 6 31,299 34,083
NET CURRENT ASSETS 274,674 245,688
TOTAL ASSETS LESS CURRENT
LIABILITIES

287,392

259,479

CREDITORS
Amounts falling due after more than one
year

7

(12,000

)

(20,000

)

PROVISIONS FOR LIABILITIES (835 ) (896 )
NET ASSETS 274,557 238,583

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 24,990 24,990
Retained earnings 249,467 213,493
SHAREHOLDERS' FUNDS 274,557 238,583

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Solent Nightz Limited (Registered number: 05915538)

Balance Sheet - continued
30 November 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 1 March 2024 and were signed by:





A M Byham - Director


Solent Nightz Limited (Registered number: 05915538)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Solent Nightz 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.

Turnover
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance and 2% on cost

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and loans to related parties.

Financial assets & financial liabilities are initially recognised at the transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method. However, if the arrangement constitutes a financing transaction then it is measured at the present value of the future receipts discounted at a market rate of interest.

Financial assets & financial liabilities classified as receivable within one year are not amortised.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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 year was NIL (2022 - NIL).

Solent Nightz Limited (Registered number: 05915538)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2022
and 30 November 2023 4,024 54,400 58,424
DEPRECIATION
At 1 December 2022 4,024 40,609 44,633
Charge for year - 1,073 1,073
At 30 November 2023 4,024 41,682 45,706
NET BOOK VALUE
At 30 November 2023 - 12,718 12,718
At 30 November 2022 - 13,791 13,791

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors - 1,050
Other debtors 118,385 53,362
118,385 54,412

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 8,000 8,000
Trade creditors - 4,635
Taxation and social security 10,964 12,852
Other creditors 12,335 8,596
31,299 34,083

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans 12,000 20,000

Solent Nightz Limited (Registered number: 05915538)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2023 and 30 November 2022:

30.11.23 30.11.22
£    £   
A M Byham
Balance outstanding at start of year - 140,774
Amounts advanced 182,241 56,378
Amounts repaid (176,375 ) (197,152 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,866 -

The loan to the director is repayable on demand & interest has been charged thereon at the official rate of 2.25% p.a.