Company registration number: 03330943
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
Spithead Trading Limited
Pages for filing with the Registrar
Company registration number: 03330943
Spithead Trading Limited
Balance sheet
as at 31 March 2026
2026 2025
Note £ £ £ £
Fixed assets
Tangible assets 4 847 1,059
847 1,059
Current assets
Debtors 2,372 2,372
Cash at bank and in hand 4,732 2,011
7,104 4,383
Creditors: amounts falling due within one year
(6,306) (5,353)
Net current assets/(liabilities) 798 (970)
Total assets less current liabilities 1,645 89
NET ASSETS 1,645 89
Capital and reserves
Called up share capital 1 1
Profit and loss account 1,644 88
TOTAL EQUITY 1,645 89
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 03330943
Spithead Trading Limited
Balance sheet - continued
as at 31 March 2026
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr C Tate, Director
14 July 2026
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Spithead Trading Limited
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
Spithead Trading Limited is a private company registered in England and Wales. Its registered number is 03330943. The company is limited by shares. Its registered office is Regus, Building 1000, Portsmouth, Hampshire, PO6 3EZ. Its principal place of business is Gable Cottage, 14 Chichester Avenue, Hayling Island, Hampshire, PO11 9EZ.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 20% reducing balance
Motor vehicles - 20% reducing balance
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
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Spithead Trading Limited
Notes to the financial statements - continued
for the year ended 31 March 2026
3 Average number of employees
During the year the average number of employees was 1 (2025 - 1).
4 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 April 2025 21,847
At 31 March 2026 21,847
Depreciation
At 1 April 2025 20,788
Charge for year 212
At 31 March 2026 21,000
Net book value
At 31 March 2026 847
At 31 March 2025 1,059
If ENTER REVALUED CLASS had not been revalued, it would have been included at the following historical cost:
2026 2025
£ £
Cost - 21,847
Accumulated depreciation - 20,192
5 Advances, credit and guarantees granted to directors
The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025.
2026 2025
£ £
Balance outstanding at start of year 2,373 -
Amounts advanced - 2,373
Balance outstanding at end of year 2,373 2,373
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