Company Registration No. 07473451 (England and Wales)
Solent Martial Arts Academy Limited
Unaudited accounts
for the year ended 31 March 2025
Solent Martial Arts Academy Limited
Unaudited accounts
Contents
Solent Martial Arts Academy Limited
Company Information
for the year ended 31 March 2025
Company Number
07473451 (England and Wales)
Registered Office
203 West Street
Fareham
Hampshire
PO16 0EN
Accountants
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
Solent Martial Arts Academy Limited
Accountants' report
Accountants' report to the director of Solent Martial Arts Academy Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Solent Martial Arts Academy Limited for the year ended
31 March 2025 as set out on pages
5 -
8 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 Martial Arts Academy 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 Martial Arts Academy 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 Martial Arts Academy Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Solent Martial Arts Academy 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 Martial Arts Academy Limited. You consider that Solent Martial Arts Academy 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 Martial Arts Academy 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
203 West Street
Fareham
Hants
PO16 0EN
12 June 2025
Solent Martial Arts Academy Limited
Statement of financial position
as at 31 March 2025
Tangible assets
17,939
22,569
Cash at bank and in hand
5,659
8,833
Creditors: amounts falling due within one year
(3,068)
(4,038)
Net current assets
13,291
15,495
Total assets less current liabilities
31,230
38,064
Creditors: amounts falling due after more than one year
(1,582)
(4,133)
Called up share capital
2
2
Profit and loss account
29,646
33,929
Shareholders' funds
29,648
33,931
For the year ending 31 March 2025 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 12 June 2025 and were signed on its behalf by
Aaron Rogers
Director
Company Registration No. 07473451
Solent Martial Arts Academy Limited
Notes to the Accounts
for the year ended 31 March 2025
Solent Martial Arts Academy Limited is a private company, limited by shares, registered in England and Wales, registration number 07473451. The registered office is 203 West Street, Fareham, Hampshire, PO16 0EN.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Solent Martial Arts Academy Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
360
64,377
64,737
At 31 March 2025
360
65,604
65,964
At 1 April 2024
351
41,817
42,168
Charge for the year
2
5,855
5,857
At 31 March 2025
353
47,672
48,025
At 31 March 2025
7
17,932
17,939
At 31 March 2024
9
22,560
22,569
Finished goods
10,700
10,700
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
2,490
2,429
Taxes and social security
4
508
Loans from directors
536
819
8
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
Solent Martial Arts Academy Limited
Notes to the Accounts
for the year ended 31 March 2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Direcctor Loan Account
(818)
(312)
(594)
(536)
11
Average number of employees
During the year the average number of employees was 2 (2024: 2).