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Company Registration No. 07040391 (England and Wales)
Spinnaker Print Limited Unaudited accounts for the year ended 31 December 2024
Spinnaker Print Limited Unaudited accounts Contents
Page
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Spinnaker Print Limited Company Information for the year ended 31 December 2024
Director
A James
Secretary
N J Mould
Company Number
07040391 (England and Wales)
Registered Office
Unit 32 Basepoint Centre Aerodrome Road Gosport PO13 0FQ United Kingdom
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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Spinnaker Print Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,707 
5,623 
Current assets
Inventories
329 
1,683 
Debtors
4,428 
9,876 
Cash at bank and in hand
6,529 
7,233 
11,286 
18,792 
Creditors: amounts falling due within one year
(1,287)
(1,048)
Net current assets
9,999 
17,744 
Net assets
16,706 
23,367 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
16,704 
23,365 
Shareholders' funds
16,706 
23,367 
For the year ending 31 December 2024 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 25 January 2025 and were signed on its behalf by
A James Director Company Registration No. 07040391
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Spinnaker Print Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 2024
24,497 
2,364 
26,861 
Additions
2,750 
- 
2,750 
At 31 December 2024
27,247 
2,364 
29,611 
Depreciation
At 1 January 2024
19,289 
1,949 
21,238 
Charge for the year
1,562 
104 
1,666 
At 31 December 2024
20,851 
2,053 
22,904 
Net book value
At 31 December 2024
6,396 
311 
6,707 
At 31 December 2023
5,208 
415 
5,623 
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Spinnaker Print Limited Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,457 
6,373 
Trade debtors
- 
2,031 
Other debtors
2,971 
1,472 
4,428 
9,876 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
736 
Taxes and social security
495 
312 
Accruals
792 
- 
1,287 
1,048 
7
Average number of employees
During the year the average number of employees was 4 (2023: 3).
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