Company Registration No. 12640867 (England and Wales)
UKSPACE TRADE ASSOCIATION LTD
Unaudited accounts
for the year ended 31 December 2023
UKSPACE TRADE ASSOCIATION LTD
Unaudited accounts
Contents
UKSPACE TRADE ASSOCIATION LTD
Company Information
for the year ended 31 December 2023
Directors
Ms E J Kerr
Mr N P E Shave
Ms J E Wheeler
Mr J Hanley
Mr C Baldwin
Company Number
12640867 (England and Wales)
Registered Office
ROOM 30 BASE BORDON INNOVATION CENTRE
BROXHEAD HOUSE, 60 BARBADOS ROAD
BORDON
HAMPSHIRE
GU35 0FX
UNITED KINGDOM
UKSPACE TRADE ASSOCIATION LTD
Statement of financial position
as at 31 December 2023
Tangible assets
2,588
3,594
Cash at bank and in hand
502,860
539,298
Creditors: amounts falling due within one year
(543,610)
(592,243)
Net current assets
313,100
307,798
Net assets
315,688
311,392
Profit and loss account
315,688
311,392
Members' funds
315,688
311,392
For the year ending 31 December 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 7 April 2024 and were signed on its behalf by
Ms E J Kerr
Director
Company Registration No. 12640867
UKSPACE TRADE ASSOCIATION LTD
Notes to the Accounts
for the year ended 31 December 2023
UKSPACE TRADE ASSOCIATION LTD is a private company, limited by guarantee, registered in England and Wales, registration number 12640867. The registered office is ROOM 30 BASE BORDON INNOVATION CENTRE, BROXHEAD HOUSE, 60 BARBADOS ROAD, BORDON, HAMPSHIRE, GU35 0FX, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Revenue, described as income is the value of membership income, invoiced to members during the year.
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.
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:
Fixtures & fittings
33.3% per annum straight line
Computer equipment
20% per annum straight line
UKSPACE TRADE ASSOCIATION LTD
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
810
5,196
6,006
At 31 December 2023
919
5,447
6,366
At 1 January 2023
476
1,936
2,412
Charge for the year
301
1,065
1,366
At 31 December 2023
777
3,001
3,778
At 31 December 2023
142
2,446
2,588
At 31 December 2022
334
3,260
3,594
Amounts falling due after more than one year
Trade debtors
330,095
357,081
Other debtors
23,755
3,662
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
15,770
17,162
Other creditors
9,137
11,328
Deferred income
518,703
563,753
7
Company limited by guarantee
The company is limited by guarantee and has no share capital.
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).