Company Registration No. 13458199 (England and Wales)
Solent View Homes Ltd
Unaudited accounts
for the year ended 31 March 2025
Solent View Homes Ltd
Unaudited accounts
Contents
Solent View Homes Ltd
Company Information
for the year ended 31 March 2025
Company Number
13458199 (England and Wales)
Registered Office
First Floor
129 High Street
Guildford
Surrey
GU1 3AA
United Kingdom
Solent View Homes Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
3,725
17
Creditors: amounts falling due within one year
(90,633)
(1,137,198)
Net current assets
19,961
9,759
Called up share capital
100
100
Profit and loss account
19,861
9,659
Shareholders' funds
19,961
9,759
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 December 2025 and were signed on its behalf by
N Clemens
Director
Company Registration No. 13458199
Solent View Homes Ltd
Notes to the Accounts
for the year ended 31 March 2025
Solent View Homes Ltd is a private company, limited by shares, registered in England and Wales, registration number 13458199. The registered office is First Floor, 129 High Street, Guildford, Surrey, GU1 3AA, United Kingdom.
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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The accounts are presented in £ sterling.
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the income statement, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.
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.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.
Solent View Homes Ltd
Notes to the Accounts
for the year ended 31 March 2025
Judgements in applying accounting policies and key sources of estimation uncertainty
The preparation of financial statements in compliance with FRS 102 Section 1A requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting polices. In preparing these financial statements, the directors have made the following judgements:
Determine whether there are indicators of impairment of the company's inventories. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset and where it is a component of a larger cash-generating unit, the viability and expected future performance of that unit.
Work in progress
-
490,515
Amounts falling due within one year
Amounts due from group undertakings etc.
100,240
-
Accrued income and prepayments
-
650,000
6
Creditors: amounts falling due within one year
2025
2024
Amounts owed to group undertakings and other participating interests
-
653,595
Taxes and social security
2,393
2,266
Other creditors
75,000
75,000
Loans from directors
-
405,654
7
Transactions with related parties
The company has taken advantage of the exemption available in Section 33.1A of FRS 102 not to disclose transactions with the ultimate parent company or any wholly owned subsidiary undertaking of the group.
Solent View Homes Ltd is a wholly owned subsidiary of Jent Property Ltd, a company registered in England and Wales, whose registered office address and place of business is 11 Broadway, Sandown, England, PO36 9BY.
There is no ultimate controlling party of Jent Property Ltd.
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Average number of employees
During the year the average number of employees was 1 (2024: 1).