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REGISTERED NUMBER: 05978250 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 October 2023

for

Spaceguard Limited

Spaceguard Limited (Registered number: 05978250)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Spaceguard Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: N Ellerby
Mrs M Ellerby





SECRETARY: N Ellerby





REGISTERED OFFICE: 650 Anlaby Road
Kingston upon Hull
EAST YORKSHIRE
HU3 6UU





REGISTERED NUMBER: 05978250 (England and Wales)





ACCOUNTANTS: Andrew Cooper & Company
Chartered Accountants
650 Anlaby Road
Kingston upon Hull
East Yorkshire
HU3 6UU

Spaceguard Limited (Registered number: 05978250)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 140,454 190,298

CURRENT ASSETS
Stocks 29,250 20,050
Debtors 5 209,661 286,882
Cash at bank and in hand 617,103 538,019
856,014 844,951
CREDITORS
Amounts falling due within one year 6 467,027 508,486
NET CURRENT ASSETS 388,987 336,465
TOTAL ASSETS LESS CURRENT
LIABILITIES

529,441

526,763

CREDITORS
Amounts falling due after more than one
year

7

40,195

61,523
NET ASSETS 489,246 465,240

CAPITAL AND RESERVES
Called up share capital 103 101
Retained earnings 489,143 465,139
SHAREHOLDERS' FUNDS 489,246 465,240

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Spaceguard Limited (Registered number: 05978250)

Balance Sheet - continued
31 October 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 Board of Directors and authorised for issue on 26 July 2024 and were signed on its behalf by:





N Ellerby - Director


Spaceguard Limited (Registered number: 05978250)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Spaceguard 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 21 (2022 - 20 ) .

Spaceguard Limited (Registered number: 05978250)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 273,821
Disposals (22,805 )
At 31 October 2023 251,016
DEPRECIATION
At 1 November 2022 83,523
Charge for year 38,657
Eliminated on disposal (11,618 )
At 31 October 2023 110,562
NET BOOK VALUE
At 31 October 2023 140,454
At 31 October 2022 190,298

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 156,571 274,944
Other debtors 53,090 11,938
209,661 286,882

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 8,794 8,794
Payments on account 81,985 209,446
Trade creditors 264,921 198,044
Taxation and social security 99,327 80,202
Other creditors 2,000 2,000
467,027 508,486

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Bank loans 15,833 28,367
Hire purchase contracts 24,362 33,156
40,195 61,523

Spaceguard Limited (Registered number: 05978250)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

8. ULTIMATE CONTROLLING PARTY

The controlling party is N & M Ellerby.