2023-06-012024-05-312024-05-31false12012310SOLENT PROPERTY HOLDINGS LIMITED2024-11-1268209iso4217:GBPxbrli:pure120123102023-06-01120123102024-05-31120123102023-06-012024-05-31120123102022-06-01120123102023-05-31120123102022-06-012023-05-3112012310bus:SmallEntities2023-06-012024-05-3112012310bus:AuditExempt-NoAccountantsReport2023-06-012024-05-3112012310bus:AbridgedAccounts2023-06-012024-05-3112012310bus:PrivateLimitedCompanyLtd2023-06-012024-05-3112012310core:WithinOneYear2024-05-3112012310core:AfterOneYear2024-05-3112012310core:WithinOneYear2023-05-3112012310core:AfterOneYear2023-05-3112012310core:ShareCapital2024-05-3112012310core:SharePremium2024-05-3112012310core:RevaluationReserve2024-05-3112012310core:OtherReservesSubtotal2024-05-3112012310core:RetainedEarningsAccumulatedLosses2024-05-3112012310core:ShareCapital2023-05-3112012310core:SharePremium2023-05-3112012310core:RevaluationReserve2023-05-3112012310core:OtherReservesSubtotal2023-05-3112012310core:RetainedEarningsAccumulatedLosses2023-05-3112012310core:LandBuildings2024-05-3112012310core:PlantMachinery2024-05-3112012310core:Vehicles2024-05-3112012310core:FurnitureFittings2024-05-3112012310core:OfficeEquipment2024-05-3112012310core:NetGoodwill2024-05-3112012310core:IntangibleAssetsOtherThanGoodwill2024-05-3112012310core:ListedExchangeTraded2024-05-3112012310core:UnlistedNon-exchangeTraded2024-05-3112012310core:LandBuildings2023-05-3112012310core:PlantMachinery2023-05-3112012310core:Vehicles2023-05-3112012310core:FurnitureFittings2023-05-3112012310core:OfficeEquipment2023-05-3112012310core:NetGoodwill2023-05-3112012310core:IntangibleAssetsOtherThanGoodwill2023-05-3112012310core:ListedExchangeTraded2023-05-3112012310core:UnlistedNon-exchangeTraded2023-05-3112012310core:LandBuildings2023-06-012024-05-3112012310core:PlantMachinery2023-06-012024-05-3112012310core:Vehicles2023-06-012024-05-3112012310core:FurnitureFittings2023-06-012024-05-3112012310core:OfficeEquipment2023-06-012024-05-3112012310core:NetGoodwill2023-06-012024-05-3112012310core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3112012310core:ListedExchangeTraded2023-06-012024-05-3112012310core:UnlistedNon-exchangeTraded2023-06-012024-05-3112012310core:MoreThanFiveYears2023-06-012024-05-3112012310core:Non-currentFinancialInstruments2024-05-3112012310core:Non-currentFinancialInstruments2023-05-3112012310dpl:CostSales2023-06-012024-05-3112012310dpl:DistributionCosts2023-06-012024-05-3112012310core:LandBuildings2023-06-012024-05-3112012310core:PlantMachinery2023-06-012024-05-3112012310core:Vehicles2023-06-012024-05-3112012310core:FurnitureFittings2023-06-012024-05-3112012310core:OfficeEquipment2023-06-012024-05-3112012310dpl:AdministrativeExpenses2023-06-012024-05-3112012310core:NetGoodwill2023-06-012024-05-3112012310core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3112012310dpl:GroupUndertakings2023-06-012024-05-3112012310dpl:ParticipatingInterests2023-06-012024-05-3112012310dpl:GroupUndertakingscore:ListedExchangeTraded2023-06-012024-05-3112012310core:ListedExchangeTraded2023-06-012024-05-3112012310dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-06-012024-05-3112012310core:UnlistedNon-exchangeTraded2023-06-012024-05-3112012310dpl:CostSales2022-06-012023-05-3112012310dpl:DistributionCosts2022-06-012023-05-3112012310core:LandBuildings2022-06-012023-05-3112012310core:PlantMachinery2022-06-012023-05-3112012310core:Vehicles2022-06-012023-05-3112012310core:FurnitureFittings2022-06-012023-05-3112012310core:OfficeEquipment2022-06-012023-05-3112012310dpl:AdministrativeExpenses2022-06-012023-05-3112012310core:NetGoodwill2022-06-012023-05-3112012310core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3112012310dpl:GroupUndertakings2022-06-012023-05-3112012310dpl:ParticipatingInterests2022-06-012023-05-3112012310dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-012023-05-3112012310core:ListedExchangeTraded2022-06-012023-05-3112012310dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-012023-05-3112012310core:UnlistedNon-exchangeTraded2022-06-012023-05-3112012310core:NetGoodwill2024-05-3112012310core:IntangibleAssetsOtherThanGoodwill2024-05-3112012310core:LandBuildings2024-05-3112012310core:PlantMachinery2024-05-3112012310core:Vehicles2024-05-3112012310core:FurnitureFittings2024-05-3112012310core:OfficeEquipment2024-05-3112012310core:AfterOneYear2024-05-3112012310core:WithinOneYear2024-05-3112012310core:ListedExchangeTraded2024-05-3112012310core:UnlistedNon-exchangeTraded2024-05-3112012310core:ShareCapital2024-05-3112012310core:SharePremium2024-05-3112012310core:RevaluationReserve2024-05-3112012310core:OtherReservesSubtotal2024-05-3112012310core:RetainedEarningsAccumulatedLosses2024-05-3112012310core:NetGoodwill2023-05-3112012310core:IntangibleAssetsOtherThanGoodwill2023-05-3112012310core:LandBuildings2023-05-3112012310core:PlantMachinery2023-05-3112012310core:Vehicles2023-05-3112012310core:FurnitureFittings2023-05-3112012310core:OfficeEquipment2023-05-3112012310core:AfterOneYear2023-05-3112012310core:WithinOneYear2023-05-3112012310core:L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SOLENT PROPERTY HOLDINGS LIMITED

Registered Number
12012310
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2024

SOLENT PROPERTY HOLDINGS LIMITED
Company Information
for the year from 1 June 2023 to 31 May 2024

Director

MATHARU, Manpreet Kaur

Registered Address

2 Danebury Gardens
Chandlers Ford
Eastleigh
SO53 4NQ

Registered Number

12012310 (England and Wales)
SOLENT PROPERTY HOLDINGS LIMITED
Balance Sheet as at
31 May 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3416,185416,370
416,185416,370
Current assets
Cash at bank and on hand1,3577,665
1,3577,665
Creditors amounts falling due within one year4(90,124)(91,395)
Net current assets (liabilities)(88,767)(83,730)
Total assets less current liabilities327,418332,640
Creditors amounts falling due after one year5(174,960)(174,960)
Net assets152,458157,680
Capital and reserves
Called up share capital1,0001,000
Profit and loss account151,458156,680
Shareholders' funds152,458157,680
The financial statements were approved and authorised for issue by the Director on 12 November 2024, and are signed on its behalf by:
MATHARU, Manpreet Kaur
Director
Registered Company No. 12012310
SOLENT PROPERTY HOLDINGS LIMITED
Notes to the Financial Statements
for the year ended 31 May 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Revenue from sale of goods
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Fixtures and fittings10
2.Average number of employees

20242023
Average number of employees during the year00
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 June 23416,846
At 31 May 24416,846
Depreciation and impairment
At 01 June 23476
Charge for year185
At 31 May 24661
Net book value
At 31 May 24416,185
At 31 May 23416,370
4.Creditors: amounts due within one year

2024

2023

££
Amounts owed to related parties89,34489,344
Taxation and social security-100
Other creditors-1,219
Accrued liabilities and deferred income780732
Total90,12491,395
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
5.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts174,960174,960
Total174,960174,960
Long term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
6.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
MATHARU, Manpreet Kaur(89,344)00(89,344)
(89,344)00(89,344)