SOLENT_INVESTMENTS_LIMITE - Accounts

The total amount of guarantees not included on the balance sheet is £2,924,582 (2020-£971,249). The company has given an unlimited guarantee in respect of bank loan and overdraft facilities made available to its wholly owned subsidiary, Exepex Estates Limited. The bank indebtedness at 31 March 2021 amounted to £424,582 (2020-£471,249). In addition the company has given a guarantee in respect of mortgages advanced to Exepex Estates Limited. The amount guaranteed is £2,500,000 (2020-£500,000).

The average number of persons, including directors, employed by the company during the period was as follows:

The company is the parent of a small group with all companies registered in England and Wales. The group is exempt from preparing consolidated Accounts.

The parent company of the company is Solent Investments Holdings Limited, a company registered in England and Wales. This company also does not prepare consolidated Accounts as it is exempt due to being a small group.

Solent Investments Limited is a private company limited by shares incorporated in England and Wales. The registered office is Dormy House, 43 Kingsbury Street, Marlborough, Wiltshire, United Kingdom, SN8 1JE.

For the period ended 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.