Solent Students' Union Trading Limited

	Page
Balance Sheet	1—2
Statement of Changes in Equity	3
Notes to the Financial Statements	4—5

Registered number: 10353271

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	1,308		1,600
Cash at bank and in hand		61,457		45,187

		62,765		46,787
Creditors: Amounts Falling Due Within One Year	5	(62,764 )		(46,786 )

NET CURRENT ASSETS (LIABILITIES)			1		1

TOTAL ASSETS LESS CURRENT LIABILITIES			1		1

NET ASSETS			1		1

CAPITAL AND RESERVES
Called up share capital	6		1		1

SHAREHOLDERS' FUNDS			1		1

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Solent Students' Union Trading Limited

Balance Sheet (continued)

As At 31 July 2025

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

Stephen Carter

Director

18/11/2025

The notes on pages 4 to 5 form part of these financial statements.

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 1 August 2023	1	-	1
Profit for the year and total comprehensive income	-	42,778	42,778

Dividends paid	-	(42,778)	(42,778)

As at 31 July 2024 and 1 August 2024	1	-	1


Profit for the year and total comprehensive income	-	47,647	47,647

Dividends paid	-	(47,647)	(47,647)

As at 31 July 2025	1	-	1

1. General Information

Solent Students' Union Trading Limited is a private company, limited by shares, incorporated in England and Wales, registered number 10353271 . The registered office is Solent Students' Union, East Park Terrace, Southampton, Hampshire, SO14 0YN.

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. Taxation

The company has not incurred a corporation tax charge in the period due to its policy of paying all taxable profits to its parent charity under gift aid. Where payment of the company's taxable profits to the parent charity falls after the reporting date, the income tax effects of that gift aid payment are still recognised at the reporting date. The income tax effects are measured consistently with the tax treatment planned to be used in the company’s income tax filings, and a deferred tax liability is not recognised in relation to such a gift aid payment.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,308	1,600

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Solent Students' Union Trading Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
VAT	2,939	2,288
Other creditors	-	520
Accruals	1,150	1,200
Amounts owed to parent undertaking	58,675	42,778

	62,764	46,786

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

7. Related Party Transactions

During the year ended 31 July 2025, Solent Students' Union invoiced management charges to the company amounting to £10,296 (2024: £9,228). Solent Students' Union Trading Limited made a donation of taxable profits of £47,647 (2024: £42,778) to the charity.

At the year end, Solent Students' Union Trading Limited owed £58,675 (2024: £42,778) to its parent undertaking, which is included within amounts owed to group undertakings (note 6).

8. Ultimate Controlling Party

The company is a 100% wholly owned subsidiary undertaking of Solent Students' Union, a registered charity, (number: 1153350) and company limited by guarantee, (number: 8619653) in England and Wales.

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