The Spinnakers Residents Company Limited

Registered number

05598704

Unaudited Filleted Accounts

31 March 2025

The Spinnakers Residents Company Limited
Report and accounts
Contents




Page

Company information	1
Director's report	2
Chartered Accountants' report	3
Balance sheet	4
Notes to the accounts	5

The Spinnakers Residents Company Limited

Company Information

Director

S Biss

J K Palmer

R Thornton

Accountants

Cochrane & Co Accountants Limited

38 Kings Road

Lee-on-the-Solent

Hampshire

PO13 9NU

Bankers

HSBC

137 High Street

Lee-on-the-Solent

Hampshire

PO13 9YB

Registered office

120 High Street

Lee-on-the-Solent

Hampshire

PO13 9DB

Registered number

05598704

The Spinnakers Residents Company Limited
Registered number:		05598704
Director's Report

The director presents his report and accounts for the period ended 31 March 2025.

Principal activities
The company's principal activity during the year continued to be that of the management and administration of the property consisting of; Flats 1-11 The Spinnakers Beach Road Lee-on-the-Solent Hampshire PO13 9FH

Directors
The following persons served as directors during the period:

	S Biss
	J K Palmer
	R Thornton

	The company is limited by guarantee.

Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 4 December 2025 and signed on its behalf.





S Biss
Director

The Spinnakers Residents Company Limited

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of The Spinnakers Residents Company Limited for the period ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The Spinnakers Residents Company Limited for the period ended 31 March 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance
Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF.

Cochrane & Co Accountants Limited
Chartered Accountants
38 Kings Road
Lee-on-the-Solent
Hampshire
PO13 9NU

17 December 2025

The Spinnakers Residents Company Limited
Registered number:		05598704
Balance Sheet
as at 31 March 2025

Notes			2025		2024
£				£
Fixed assets
Tangible assets	3		13,500		13,500


Net current assets			-		-

Net assets			13,500		13,500

Reserves
Reserve account	4		13,500		13,500

Shareholders' funds			13,500		13,500

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




S Biss
Director
Approved by the board on 4 December 2025

The Spinnakers Residents Company Limited
Notes to the Accounts
for the period from 1 November 2024 to 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life. The land and building cost represents the amount paid for the freehold.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	-		-


3	Tangible fixed assets
				Land and buildings
£
	Cost
	At 1 November 2024			13,500
	At 31 March 2025			13,500

	Depreciation
	At 31 March 2025			-

	Net book value
	At 31 March 2025			13,500
	At 31 October 2024			13,500


4	Reserve account	2025		2024
£			£

	At 1 November 2024	13,500		13,500

	At 31 March 2025	13,500		13,500

	The reserve account represents monies introduced by the residents to purchase the freehold.

5	Controlling party

	The ultimate controlling party are the residents by virtue of their guarantees.


6	Other information

	The Spinnakers Residents Company Limited is a private company limited by guarantee and incorporated in England. Its registered office is:
	120 High Street
	Lee-on-the-Solent
	Hampshire
	PO13 9DB