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REGISTERED NUMBER: 08357251 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

SOLENT PUB COMPANY LIMITED

SOLENT PUB COMPANY LIMITED (REGISTERED NUMBER: 08357251)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SOLENT PUB COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: N Hunter
C Hunter





REGISTERED OFFICE: Cheribourne House
45A Station Road
Willington
Bedford
Bedfordshire
MK44 3QL





REGISTERED NUMBER: 08357251 (England and Wales)





ACCOUNTANTS: Baker Noel
Cheribourne House
45A Station Road
Willington
Bedford
Bedfordshire
MK44 3QL

SOLENT PUB COMPANY LIMITED (REGISTERED NUMBER: 08357251)

BALANCE SHEET
30 NOVEMBER 2024

30.11.24 30.11.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 129,347 108,941

CURRENT ASSETS
Stocks 33,949 25,898
Debtors 5 24,278 9,457
Cash at bank and in hand 195,567 253,242
253,794 288,597
CREDITORS
Amounts falling due within one year 6 259,208 233,946
NET CURRENT (LIABILITIES)/ASSETS (5,414 ) 54,651
TOTAL ASSETS LESS CURRENT
LIABILITIES

123,933

163,592

CREDITORS
Amounts falling due after more than one
year

7

(25,735

)

(40,147

)

PROVISIONS FOR LIABILITIES (19,295 ) (23,966 )
NET ASSETS 78,903 99,479

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 78,893 99,469
78,903 99,479

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 PUB COMPANY LIMITED (REGISTERED NUMBER: 08357251)

BALANCE SHEET - continued
30 NOVEMBER 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 May 2025 and were signed on its behalf by:





N Hunter - Director


SOLENT PUB COMPANY LIMITED (REGISTERED NUMBER: 08357251)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

Solent Pub Company 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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 20% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

SOLENT PUB COMPANY LIMITED (REGISTERED NUMBER: 08357251)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 44 (2023 - 42 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 December 2023 - 64,408 96,060
Additions 45,485 3,389 579
At 30 November 2024 45,485 67,797 96,639
DEPRECIATION
At 1 December 2023 - 15,881 77,290
Charge for year 1,895 13,267 4,732
At 30 November 2024 1,895 29,148 82,022
NET BOOK VALUE
At 30 November 2024 43,590 38,649 14,617
At 30 November 2023 - 48,527 18,770

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 December 2023 52,614 6,975 220,057
Additions - 721 50,174
At 30 November 2024 52,614 7,696 270,231
DEPRECIATION
At 1 December 2023 14,788 3,157 111,116
Charge for year 7,565 2,309 29,768
At 30 November 2024 22,353 5,466 140,884
NET BOOK VALUE
At 30 November 2024 30,261 2,230 129,347
At 30 November 2023 37,826 3,818 108,941

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 6,386 1,708
Other debtors 17,892 7,749
24,278 9,457

SOLENT PUB COMPANY LIMITED (REGISTERED NUMBER: 08357251)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts 10,354 10,097
Hire purchase contracts 4,058 4,058
Trade creditors 49,646 43,343
Taxation and social security 62,506 54,351
Other creditors 132,644 122,097
259,208 233,946

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£    £   
Bank loans 6,163 16,517
Hire purchase contracts 19,572 23,630
25,735 40,147