West Solent Solar Co-operative Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13337447

West Solent Solar Co-operative Limited

Filleted Abridged Financial Statements

31 March 2026

West Solent Solar Co-operative Limited

Balance Sheet

31 March 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	5	1,274,702	1,419,240
Investments	6	43,401	40,199
		------------	------------
		1,318,103	1,459,439

Current assets

Debtors	207,761	154,348
Cash at bank and in hand	672,448	620,104
	---------	---------
	880,209	774,452

Creditors: amounts falling due within one year	134,434		126,796
	---------		---------
Net current assets		745,775	647,656
		------------	------------
Total assets less current liabilities		2,063,878	2,107,095

Creditors: amounts falling due after more than one year		1,206,300	1,340,329

Provisions

Taxation including deferred tax	99,814	–
	------------	------------
Net assets	757,764	766,766
	------------	------------

Capital and reserves

Called up share capital	202,645	202,645
Profit and loss account	555,119	564,121
	---------	---------
Shareholders funds	757,764	766,766
	---------	---------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged profit and loss account has not been delivered.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of abridged financial statements.

All of the members have consented to the preparation of the abridged profit and loss account and the balance sheet for the year ending 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

West Solent Solar Co-operative Limited

Balance Sheet (continued)

31 March 2026

These abridged financial statements were approved by the board of directors and authorised for issue on 13 July 2026 , and are signed on behalf of the board by:

Mrs C Cook	Mr R N Dewing
Director	Director

Company registration number: 13337447

West Solent Solar Co-operative Limited

Notes to the Abridged Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 26 Trinity Enterprise Centre, Furness Business Park, Barrow-in-Furness, Cumbria, LA14 2PN.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The abridged financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, 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.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Plant & Machinery - Solar Park	-	5% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the balance sheet and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to Nil (2025: Nil).

5. Tangible assets

	Plant and machinery	Total
	£	£
Cost
At 1 April 2025 and 31 March 2026	2,703,777	2,703,777
	------------	------------
Depreciation
At 1 April 2025	1,284,537	1,284,537
Charge for the year	144,538	144,538
	------------	------------
At 31 March 2026	1,429,075	1,429,075
	------------	------------
Carrying amount
At 31 March 2026	1,274,702	1,274,702
	------------	------------
At 31 March 2025	1,419,240	1,419,240
	------------	------------

6. Investments

	£
Cost
At 1 April 2025	40,199
Additions	3,202
	--------
At 31 March 2026	43,401
	--------
Impairment
At 1 April 2025 and 31 March 2026	–
	--------
Carrying amount
At 31 March 2026	43,401
	--------
At 31 March 2025	40,199
	--------

7. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2026	2025
	£	£
Not later than 1 year	15,000	15,000
Later than 1 year and not later than 5 years	60,000	60,000
Later than 5 years	120,000	135,000
	---------	---------
	195,000	210,000
	---------	---------

The basic land rent remains at £15,000 per annum plus RPI each year thereafter. The initial lease term expires on 31 December 2038.

8. Summary audit opinion

The auditor's report dated 13 July 2026 was unqualified .

The senior statutory auditor was Christopher Lamont BSc FCA , for and on behalf of Christopher Lamont BSc FCA .

9. Related party transactions

There is no controlling interest in the Co-operative. The management services of the Co-operative are carried out by Energy4All Limited, a company which specialises in assisting in the setting up, development and management of renewable energy Co-operatives. West Solent Solar Co-operative Limited holds one share in the company. Energy4All Limited has charged administration fees of £31,271 (2025 - £30,172) for the period.