The Spinnaker Quay Management Company Limited - Period Ending 2023-04-30

The Spinnaker Quay Management Company Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3
Notes to the Financial Statements	4

The Spinnaker Quay Management Company Limited

Company Information

Directors

Mr D B Griffith Mr M B Summers Mrs L A Summers Mrs M J Griffith Mr E J R Cavanagh Dr R J Uncles Mr P A Evitts

Company secretary

Ms C Y Evitts

Registered office

6 Houndiscombe Road Plymouth Devon PL4 6HH

Accountants

Houndiscombe Consultants Limited T/A Condy Mathias Chartered Accountants 3 Atlas House West Devon Business Park Tavistock Devon PL19 9DP

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
The Spinnaker Quay Management Company Limited
for the Year Ended 30 April 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The Spinnaker Quay Management Company Limited for the year ended 30 April 2023 as set out on pages 3 to 4 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 (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of The Spinnaker Quay Management Company Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of The Spinnaker Quay Management Company Limited and state those matters that we have agreed to state to the Board of Directors of The Spinnaker Quay Management Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Spinnaker Quay Management Company Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that The Spinnaker Quay Management Company Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of The Spinnaker Quay Management Company Limited. You consider that The Spinnaker Quay Management Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of The Spinnaker Quay Management Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Houndiscombe Consultants Limited
T/A Condy Mathias Chartered Accountants
3 Atlas House
West Devon Business Park
Tavistock
Devon
PL19 9DP

29 August 2023

The Spinnaker Quay Management Company Limited

(Registration number: 05420087)
Balance Sheet as at 30 April 2023

	Note	2023 £	2022 £
Current assets
Debtors		70	-
Cash at bank and in hand		34,178	33,387
		34,248	33,387
Creditors: Amounts falling due within one year	4	(1,598)	(1,466)
Net assets		32,650	31,921
Capital and reserves
Substantial maintenance reserve		23,000	23,000
Retained earnings		9,650	8,921
Shareholders' funds		32,650	31,921

For the financial year ending 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 21 August 2023 and signed on its behalf by:
 

.........................................

Dr R J Uncles

Director

The Spinnaker Quay Management Company Limited

Notes to the Financial Statements for the Year Ended 30 April 2023

1	General information

The company is a incorporated in England .

The address of its registered office is:
6 Houndiscombe Road
Plymouth
Devon
PL4 6HH
United Kingdom

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance
These financial statements have been prepared using the historic cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A- The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 9 (2022 - 9).

4

Creditors

Creditors: amounts falling due within one year

	2023 £	2022 £
Due within one year
Accruals and deferred income	1,598	1,466

5	Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute a maximum not exceeding £1 towards the assets of the company in the event of liquidation. It has been agreed with HM Revenue and Customs that the company be treated as dormant for corporation tax purposes.