Registered number
10509887
Spaceagent MAS Ltd
Filleted Accounts
31 March 2023
Spaceagent MAS Ltd
Registered number: 10509887
Balance Sheet
as at 31 March 2023
Notes 2023 2022
£ £
Current assets
Debtors 3 63 183
Cash at bank and in hand (88) 16
(25) 199
Creditors: amounts falling due within one year 4 (251) (251)
Net current liabilities (276) (52)
Net liabilities (276) (52)
Capital and reserves
Called up share capital 1 1
Profit and loss account (277) (53)
Shareholders' funds (276) (52)
The directors are 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 directors acknowledge their 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.
Matthias Hamm
Director
Approved by the board on 22 December 2023
Spaceagent MAS Ltd
Notes to the Accounts
for the year ended 31 March 2023
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).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2023 2022
£ £
Other debtors 63 183
4 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 251 251
5 Other information
Spaceagent MAS Ltd is a private company limited by shares and incorporated in England. Its registered office is:
19d Phipp Street
London
EC2A 4NP
Spaceagent MAS Ltd 10509887 false 2022-04-01 2023-03-31 2023-03-31 VT Final Accounts April 2022 Matthias Hamm No description of principal activity 10509887 2021-04-01 2022-03-31 10509887 core:WithinOneYear 2022-03-31 10509887 core:ShareCapital 2022-03-31 10509887 core:RetainedEarningsAccumulatedLosses 2022-03-31 10509887 2022-04-01 2023-03-31 10509887 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 10509887 bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 10509887 bus:Director40 2022-04-01 2023-03-31 10509887 2 2022-04-01 2023-03-31 10509887 countries:England 2022-04-01 2023-03-31 10509887 bus:FRS102 2022-04-01 2023-03-31 10509887 bus:FullAccounts 2022-04-01 2023-03-31 10509887 2023-03-31 10509887 core:WithinOneYear 2023-03-31 10509887 core:ShareCapital 2023-03-31 10509887 core:RetainedEarningsAccumulatedLosses 2023-03-31 10509887 2022-03-31 iso4217:GBP xbrli:pure