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Company Registration No. 10826185 (England and Wales)
Space Advisory and Accountancy Limited Unaudited accounts for the year ended 31 March 2024
Space Advisory and Accountancy Limited Unaudited accounts Contents
Page
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Space Advisory and Accountancy Limited Company Information for the year ended 31 March 2024
Director
Kerry Hopper
Company Number
10826185 (England and Wales)
Registered Office
19 MALAGO DRIVE BRISTOL BS3 5DR ENGLAND
Accountants
Space Advisory and Accountancy Limited 19 Malago Drive Bristol BS3 5DR
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Space Advisory and Accountancy Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,652 
2,101 
Current assets
Debtors
2,068 
8,733 
Cash at bank and in hand
18,086 
11,645 
20,154 
20,378 
Creditors: amounts falling due within one year
(6,347)
(14,623)
Net current assets
13,807 
5,755 
Net assets
15,459 
7,856 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
15,449 
7,846 
Shareholders' funds
15,459 
7,856 
For the year ending 31 March 2024 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 director acknowledges his 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 and authorised for issue on 5 October 2024 and were signed on its behalf by
Kerry Hopper Director Company Registration No. 10826185
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Space Advisory and Accountancy Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Space Advisory and Accountancy Limited is a private company, limited by shares, registered in England and Wales, registration number 10826185. The registered office is 19 MALAGO DRIVE, BRISTOL, BS3 5DR, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Computer equipment
25% Straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
5,580 
Additions
250 
At 31 March 2024
5,830 
Depreciation
At 1 April 2023
3,479 
Charge for the year
699 
At 31 March 2024
4,178 
Net book value
At 31 March 2024
1,652 
At 31 March 2023
2,101 
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Space Advisory and Accountancy Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,531 
8,196 
Other debtors
537 
537 
2,068 
8,733 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,714 
3,268 
Trade creditors
539 
516 
Taxes and social security
3,544 
10,169 
Other creditors
- 
20 
Loans from directors
550 
50 
Accruals
- 
600 
6,347 
14,623 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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