IRIS Accounts Production v23.3.1.45 06575111 director 24.4.22 23.4.23 23.4.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh065751112022-04-23065751112023-04-23065751112022-04-242023-04-23065751112021-04-23065751112021-04-242022-04-23065751112022-04-2306575111ns10:Originalns15:EnglandWales2022-04-242023-04-2306575111ns14:PoundSterlingns10:Original2022-04-242023-04-2306575111ns10:Originalns10:Director12022-04-242023-04-2306575111ns10:Original2022-04-242023-04-2306575111ns10:Original2023-04-2306575111ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-242023-04-2306575111ns10:Originalns10:SmallEntities2022-04-242023-04-2306575111ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-242023-04-2306575111ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-242023-04-2306575111ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-242023-04-2306575111ns10:Originalns10:FullAccounts2022-04-242023-04-2306575111ns10:Original12022-04-242023-04-2306575111ns10:CompanySecretary1ns10:Original2022-04-242023-04-2306575111ns10:Originalns10:RegisteredOffice2022-04-242023-04-2306575111ns10:Original2022-04-2306575111ns10:Originalns5:CurrentFinancialInstruments2023-04-2306575111ns10:Originalns5:CurrentFinancialInstruments2022-04-2306575111ns5:ShareCapitalns10:Original2023-04-2306575111ns5:ShareCapitalns10:Original2022-04-2306575111ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-04-2306575111ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-2306575111ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-04-242023-04-2306575111ns10:Originalns5:ComputerSoftware2022-04-242023-04-2306575111ns10:Originalns5:FurnitureFittings2022-04-242023-04-2306575111ns10:Originalns5:ComputerEquipment2022-04-242023-04-2306575111ns10:Original2021-04-242022-04-2306575111ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-04-2306575111ns5:IntangibleAssetsOtherThanGoodwillns10:Original2023-04-2306575111ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-04-2306575111ns10:Originalns5:FurnitureFittings2022-04-2306575111ns10:Originalns5:ComputerEquipment2022-04-2306575111ns10:Original2022-04-2306575111ns10:Originalns5:FurnitureFittings2023-04-2306575111ns10:Originalns5:ComputerEquipment2023-04-2306575111ns10:Originalns5:FurnitureFittings2022-04-2306575111ns10:Originalns5:ComputerEquipment2022-04-2306575111ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-2306575111ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-04-23
REGISTERED NUMBER: 06575111 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 23 APRIL 2023

FOR

URSPACE LIMITED

URSPACE LIMITED (REGISTERED NUMBER: 06575111)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 23 APRIL 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


URSPACE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 23 APRIL 2023







DIRECTOR: B M F Cox





SECRETARY:





REGISTERED OFFICE: 120 New Cavendish Street
London
W1W 6XX





REGISTERED NUMBER: 06575111 (England and Wales)





ACCOUNTANTS: Sagoo & Co
Accountants
24 Leofric Close
Kings Bromley
Staffordshire
DE13 7JP

URSPACE LIMITED (REGISTERED NUMBER: 06575111)

BALANCE SHEET
23 APRIL 2023

23.4.23 23.4.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 428 856
Tangible assets 5 - 494
428 1,350

CURRENT ASSETS
Debtors 6 5,459 1,878
Cash at bank 527 28,892
5,986 30,770
CREDITORS
Amounts falling due within one year 7 29,546 24,227
NET CURRENT (LIABILITIES)/ASSETS (23,560 ) 6,543
TOTAL ASSETS LESS CURRENT
LIABILITIES

(23,132

)

7,893

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (23,133 ) 7,892
SHAREHOLDERS' FUNDS (23,132 ) 7,893

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 23 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 23 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

URSPACE LIMITED (REGISTERED NUMBER: 06575111)

BALANCE SHEET - continued
23 APRIL 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 January 2024 and were signed by:





B M F Cox - Director


URSPACE LIMITED (REGISTERED NUMBER: 06575111)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 23 APRIL 2023

1. STATUTORY INFORMATION

URSPACE LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

URSPACE LIMITED (REGISTERED NUMBER: 06575111)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 23 APRIL 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 24 April 2022
and 23 April 2023 34,015
AMORTISATION
At 24 April 2022 33,159
Charge for year 428
At 23 April 2023 33,587
NET BOOK VALUE
At 23 April 2023 428
At 23 April 2022 856

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 24 April 2022
and 23 April 2023 250 6,016 6,266
DEPRECIATION
At 24 April 2022 250 5,522 5,772
Charge for year - 494 494
At 23 April 2023 250 6,016 6,266
NET BOOK VALUE
At 23 April 2023 - - -
At 23 April 2022 - 494 494

URSPACE LIMITED (REGISTERED NUMBER: 06575111)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 23 APRIL 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
23.4.23 23.4.22
£    £   
Trade debtors 3,793 -
Other debtors 780 780
Tax 565 565
Deferred tax asset 162 94
Prepayments 159 439
5,459 1,878

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
23.4.23 23.4.22
£    £   
Trade creditors 334 262
Social security and other taxes 10,706 6,021
VAT 181 8,173
Directors' current accounts 17,333 8,691
Accrued expenses 992 1,080
29,546 24,227