Solent Managements Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07685369 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Solent Managements Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr C J Atkinson

SECRETARY:

REGISTERED OFFICE:

16c Sandown Road

Lake

Isle of Wight

PO36 9JP

REGISTERED NUMBER:

07685369 (England and Wales)

ACCOUNTANTS:

Allegri & Co.

16c Sandown Road

Lake

Isle of Wight

PO36 9JP

FIXED ASSETS

Tangible assets

2

1,093

875

CURRENT ASSETS

Debtors

20,572

64,237

Cash at bank

7

922

20,579

65,159

CREDITORS

Amounts falling due within one year

13,819

52,485

NET CURRENT ASSETS

6,760

12,674

TOTAL ASSETS LESS CURRENT LIABILITIES

7,853

13,549

CAPITAL AND RESERVES

Called up share capital

3

102

102

Profit and loss account

7,751

13,447

SHAREHOLDERS' FUNDS

7,853

13,549

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 14 December 2015 and were signed by:

Mr C J Atkinson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the

lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

1,289

Additions

581

At 31 March 2015

1,870

DEPRECIATION

At 1 April 2014

414

Charge for year

363

At 31 March 2015

777

NET BOOK VALUE

At 31 March 2015

1,093

At 31 March 2014

875

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

Ordinary

£1

100

100

1

Ordinary A

£1

1

1

1

Ordinary B

£1

1

1

102

102

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2015 and 31 March 2014:

31.3.15

31.3.14

£

£

Mr C J Atkinson

Balance outstanding at start of year

50,659

67,062

Amounts advanced

4,941

80,196

Amounts repaid

(49,703

)

(96,599

)

Balance outstanding at end of year

5,897

50,659