Company Registration No. 07040391 (England and Wales)
Spinnaker Print Limited
Unaudited accounts
for the year ended 31 December 2023
Spinnaker Print Limited
Unaudited accounts
Contents
Spinnaker Print Limited
Company Information
for the year ended 31 December 2023
Company Number
07040391 (England and Wales)
Registered Office
Unit 32 Basepoint Centre
Aerodrome Road
Gosport
PO13 0FQ
United Kingdom
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
Spinnaker Print Limited
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
7,233
10,788
Creditors: amounts falling due within one year
(1,048)
(1,643)
Net current assets
17,744
16,455
Called up share capital
2
2
Profit and loss account
23,365
17,100
Shareholders' funds
23,367
17,102
For the year ending 31 December 2023 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 11 March 2024 and were signed on its behalf by
A James
Director
Company Registration No. 07040391
Spinnaker Print Limited
Notes to the Accounts
for the year ended 31 December 2023
Spinnaker Print Limited is a private company, limited by shares, registered in England and Wales, registration number 07040391. The registered office is Unit 32 Basepoint Centre, Aerodrome Road, Gosport, PO13 0FQ, 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.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% at reducing balance
Computer equipment
25% at reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
19,302
2,364
21,666
At 31 December 2023
24,497
2,364
26,861
At 1 January 2023
19,208
1,811
21,019
Charge for the year
81
138
219
At 31 December 2023
19,289
1,949
21,238
At 31 December 2023
5,208
415
5,623
At 31 December 2022
94
553
647
Spinnaker Print Limited
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
312
692
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).