Company Registration No. 10470353 (England and Wales)
Spacewithin UK Limited
Unaudited accounts
for the year ended 30 November 2023
Spacewithin UK Limited
Unaudited accounts
Contents
Spacewithin UK Limited
Company Information
for the year ended 30 November 2023
Directors
Ms S M Bolton
Mr A J Grant
Company Number
10470353 (England and Wales)
Registered Office
85 Great Portland Street
(First Floor)
London
W1W 7LT
Spacewithin UK Limited
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
4,435
8,611
Creditors: amounts falling due within one year
(125,001)
(101,014)
Net current (liabilities)/assets
(9,443)
12,148
Total assets less current liabilities
(8,138)
12,497
Creditors: amounts falling due after more than one year
(17,336)
(24,000)
Net liabilities
(25,474)
(11,503)
Called up share capital
2
2
Profit and loss account
(25,476)
(11,505)
Shareholders' funds
(25,474)
(11,503)
For the year ending 30 November 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 17 July 2024 and were signed on its behalf by
Ms S M Bolton
Director
Company Registration No. 10470353
Spacewithin UK Limited
Notes to the Accounts
for the year ended 30 November 2023
Spacewithin UK Limited is a private company, limited by shares, registered in England and Wales, registration number 10470353. The registered office is 85 Great Portland Street, (First Floor), London, W1W 7LT.
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.
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:
Plant & machinery
20% on cost
Computer equipment
33% on cost
The company's financial statements are prepared on a going concern basis on the grounds that current and future sources of funding or support from the director will be continued to be received.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2022
591
5,876
6,467
At 30 November 2023
1,099
6,525
7,624
At 1 December 2022
426
5,692
6,118
Charge for the year
155
46
201
At 30 November 2023
581
5,738
6,319
At 30 November 2023
518
787
1,305
At 30 November 2022
165
184
349
Spacewithin UK Limited
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Trade debtors
38,284
32,033
Other debtors
72,839
58,903
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
899
-
Other creditors
23,483
13,177
Loans from directors
99,494
86,763
7
Creditors: amounts falling due after more than one year
2023
2022
8
Transactions with related parties
Ms S M Bolton and Mr A J Grant are directors of both this company and Tilly Hill Property Ltd.
As at 30th November 2023 the company was owed £60,715 (2022: £58,815) by Tilly Hill Property Ltd by way of an inter-company loan.
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).