Company registration number 09430325 (England and Wales)
SPACEMATE MATERIAL HANDLING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
SPACEMATE MATERIAL HANDLING LIMITED
COMPANY INFORMATION
Directors
P Overfield
S Brown
V Brown
T Overfield
Company number
09430325
Registered office
Countrywide House
23 West Bar
Banbury
Oxfordshire
OX16 9SA
Accountants
Ellacotts LLP
Countrywide House
23 West Bar
Banbury
Oxfordshire
England
OX16 9SA
SPACEMATE MATERIAL HANDLING LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
SPACEMATE MATERIAL HANDLING LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF SPACEMATE MATERIAL HANDLING LIMITED FOR THE YEAR ENDED 31 MARCH 2023
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Spacemate Material Handling Limited for the year ended 31 March 2023, which comprise the balance sheet, 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 https://www.icaew.com/regulation.
This report is made solely to the board of directors of Spacemate Material Handling 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 financial statements of Spacemate Material Handling Limited and state those matters that we have agreed to state to the board of directors of Spacemate Material Handling 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 Spacemate Material Handling Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Spacemate Material Handling Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Spacemate Material Handling 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 financial statements of Spacemate Material Handling 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 financial statements.
Ellacotts LLP
Chartered Accountants
Countrywide House
23 West Bar
Banbury
Oxfordshire
England
OX16 9SA
Date:
28 November 2023
SPACEMATE MATERIAL HANDLING LIMITED
BALANCE SHEET
AS AT 31 MARCH 2023
31 March 2023
- 2 -
2023
2022
£
£
£
£
Fixed assets
2,717
3,253
Current assets
105,053
127,471
Prepayments and accrued income
1,237
1,033
Creditors: amounts falling due within one year
(107,893)
(109,741)
Net current (liabilities)/assets
(1,603)
18,763
Total assets less current liabilities
1,114
22,016
Net assets
1,114
22,016
Capital and reserves
1,114
22,016
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
At the year end, the director’s loan account was overdrawn by £11,643 (2022: £62,777)
2
Financial commitments, guarantees and contingencies
The company has an operating lease commitment of £7,598 (2022:£12,059).
3
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
4
4
Spacemate Material Handling Limited is a private company limited by shares incorporated in England and Wales. The registered office is Countrywide House, 23 West Bar, Banbury, Oxfordshire, OX16 9SA.
For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
SPACEMATE MATERIAL HANDLING LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023
31 March 2023
- 3 -
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 25 November 2023 and are signed on its behalf by:
P Overfield
Director
Company registration number 09430325 (England and Wales)