Company Registration No. 14122229 (England and Wales)
SEPARATESPACE LTD
Unaudited accounts
for the year ended 31 May 2024
SEPARATESPACE LTD
Unaudited accounts
Contents
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
SEPARATESPACE LTD
Statement of financial position
as at 31 May 2024
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
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
SEPARATESPACE LTD
Notes to the Accounts
for the year ended 31 May 2024
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.
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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:
Computer equipment
33.33% On Straight Line
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Tangible fixed assets
Computer equipment
SEPARATESPACE LTD
Notes to the Accounts
for the year ended 31 May 2024
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
3,148
2,400
Taxes and social security
300
-
Loans from directors
16,842
16,237
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Average number of employees
During the year the average number of employees was 2 (2023: 2).