1 June 2023 false No description of principal activity Taxfiler 2024.6 14122229business:PrivateLimitedCompanyLtd2023-06-012024-05-31 141222292023-05-31 141222292023-06-012024-05-31 14122229business:AuditExempt-NoAccountantsReport2023-06-012024-05-31 14122229business:FilletedAccounts2023-06-012024-05-31 141222292024-05-31 14122229business:Director12023-06-012024-05-31 14122229business:Director22023-06-012024-05-31 14122229business:RegisteredOffice2023-06-012024-05-31 141222292023-05-31 14122229core:WithinOneYear2024-05-31 14122229core:WithinOneYear2023-05-31 14122229core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 14122229core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 14122229core:SharePremiumcore:PreviouslyStatedAmount2024-05-31 14122229core:SharePremiumcore:PreviouslyStatedAmount2023-05-31 14122229core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 14122229core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 14122229core:PreviouslyStatedAmount2024-05-31 14122229core:PreviouslyStatedAmount2023-05-31 14122229business:SmallEntities2023-06-012024-05-31 14122229countries:EnglandWales2023-06-012024-05-31 14122229core:ComputerEquipment2023-06-012024-05-31 14122229core:ComputerEquipment2023-05-31 14122229core:ComputerEquipment2024-05-31 141222292022-05-212023-05-31 iso4217:GBP xbrli:pure
Company Registration No. 14122229 (England and Wales)
SEPARATESPACE LTD Unaudited accounts for the year ended 31 May 2024
SEPARATESPACE LTD Unaudited accounts Contents
Page
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SEPARATESPACE LTD Company Information for the year ended 31 May 2024
Directors
Amanda Bell Victoria Nottage
Company Number
14122229 (England and Wales)
Registered Office
167-169 GREAT PORTLAND STREET LONDON W1W 5PF ENGLAND
Accountants
Seed Accounting Solutions 85 Great Portland Street First Floor London W1W 7LT
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SEPARATESPACE LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
355 
220 
Current assets
Cash at bank and in hand
127,662 
68,303 
Creditors: amounts falling due within one year
(19,914)
(19,327)
Net current assets
107,748 
48,976 
Net assets
108,103 
49,196 
Capital and reserves
Called up share capital
99,437 
107 
Share premium
150,053 
104,991 
Profit and loss account
(141,387)
(55,902)
Shareholders' funds
108,103 
49,196 
For the year ending 31 May 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 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 12 September 2024 and were signed on its behalf by
Amanda Bell Director Company Registration No. 14122229
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SEPARATESPACE LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
SEPARATESPACE LTD is a private company, limited by shares, registered in England and Wales, registration number 14122229. The registered office is 167-169 GREAT PORTLAND STREET, LONDON, W1W 5PF, 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.
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
33.33% On Straight Line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2023
330 
Additions
333 
At 31 May 2024
663 
Depreciation
At 1 June 2023
110 
Charge for the year
198 
At 31 May 2024
308 
Net book value
At 31 May 2024
355 
At 31 May 2023
220 
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SEPARATESPACE LTD Notes to the Accounts for the year ended 31 May 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(1,707)
- 
Trade creditors
3,148 
2,400 
Taxes and social security
300 
- 
Loans from directors
16,842 
16,237 
Accruals
- 
690 
Deferred income
1,331 
- 
19,914 
19,327 
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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