Acorah Software Products - Accounts Production 16.2.850 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 13519365 Mr Shane Stambolie Bessa Mrs Maisie Stambolie Bessa iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13519365 2024-07-31 13519365 2025-07-31 13519365 2024-08-01 2025-07-31 13519365 frs-core:CurrentFinancialInstruments 2025-07-31 13519365 frs-core:Non-currentFinancialInstruments 2025-07-31 13519365 frs-core:ComputerEquipment 2025-07-31 13519365 frs-core:ComputerEquipment 2024-08-01 2025-07-31 13519365 frs-core:ComputerEquipment 2024-07-31 13519365 frs-core:FurnitureFittings 2025-07-31 13519365 frs-core:FurnitureFittings 2024-08-01 2025-07-31 13519365 frs-core:FurnitureFittings 2024-07-31 13519365 frs-core:NetGoodwill 2025-07-31 13519365 frs-core:NetGoodwill 2024-08-01 2025-07-31 13519365 frs-core:NetGoodwill 2024-07-31 13519365 frs-core:MotorVehicles 2025-07-31 13519365 frs-core:MotorVehicles 2024-08-01 2025-07-31 13519365 frs-core:MotorVehicles 2024-07-31 13519365 frs-core:PlantMachinery 2025-07-31 13519365 frs-core:PlantMachinery 2024-08-01 2025-07-31 13519365 frs-core:PlantMachinery 2024-07-31 13519365 frs-core:ShareCapital 2025-07-31 13519365 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 13519365 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 13519365 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 13519365 frs-bus:SmallEntities 2024-08-01 2025-07-31 13519365 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 13519365 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 13519365 frs-bus:Director1 2024-08-01 2025-07-31 13519365 frs-bus:Director2 2024-08-01 2025-07-31 13519365 frs-countries:EnglandWales 2024-08-01 2025-07-31 13519365 2023-07-31 13519365 2024-07-31 13519365 2023-08-01 2024-07-31 13519365 frs-core:CurrentFinancialInstruments 2024-07-31 13519365 frs-core:Non-currentFinancialInstruments 2024-07-31 13519365 frs-core:ShareCapital 2024-07-31 13519365 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 13519365
Solent Plumbing Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13519365
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 3,400 6,800
Tangible Assets 5 30,677 31,262
34,077 38,062
CURRENT ASSETS
Debtors 6 44,183 31,562
Cash at bank and in hand 12,936 14,679
57,119 46,241
Creditors: Amounts Falling Due Within One Year 7 (35,568 ) (39,664 )
NET CURRENT ASSETS (LIABILITIES) 21,551 6,577
TOTAL ASSETS LESS CURRENT LIABILITIES 55,628 44,639
Creditors: Amounts Falling Due After More Than One Year 8 (20,455 ) (29,706 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,828 ) (5,939 )
NET ASSETS 29,345 8,994
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 29,245 8,894
SHAREHOLDERS' FUNDS 29,345 8,994
Page 1
Page 2
For the year ending 31 July 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Shane Stambolie Bessa
Director
03/11/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Solent Plumbing Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13519365 . The registered office is 2 Grove Copse,, Southampton, SO19 9QL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% SL
Motor Vehicles 20% RB
Fixtures & Fittings 25% SL
Computer Equipment 33% SL
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2024: 6)
6 6
4. Intangible Assets
Goodwill
£
Cost
As at 1 August 2024 17,000
As at 31 July 2025 17,000
Amortisation
As at 1 August 2024 10,200
Provided during the period 3,400
As at 31 July 2025 13,600
Net Book Value
As at 31 July 2025 3,400
As at 1 August 2024 6,800
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 August 2024 10,322 38,144 386 1,531 50,383
Additions 438 6,500 - - 6,938
As at 31 July 2025 10,760 44,644 386 1,531 57,321
Depreciation
As at 1 August 2024 1,476 16,856 114 675 19,121
Provided during the period 2,114 4,806 97 506 7,523
As at 31 July 2025 3,590 21,662 211 1,181 26,644
Net Book Value
As at 31 July 2025 7,170 22,982 175 350 30,677
As at 1 August 2024 8,846 21,288 272 856 31,262
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 40,406 27,909
Other debtors 3,777 3,653
44,183 31,562
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 14,947 10,668
Other loans 5,232 13,689
Other creditors 13,519 12,730
Taxation and social security 1,870 2,577
35,568 39,664
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other creditors 20,455 29,706
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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