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Company Registration No. 12164195 (England and Wales)
Utopia Spaces Ltd Unaudited accounts for the year ended 31 August 2023
Utopia Spaces Ltd Unaudited accounts Contents
Page
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Utopia Spaces Ltd Company Information for the year ended 31 August 2023
Director
Mr Matthew Raymond Naylor
Company Number
12164195 (England and Wales)
Registered Office
16 Dearnford Close Wirral CH62 6EW UK
Accountants
Wirral Accounting Solutions Ltd 187 Mill Park Drive Eastham Wirral Merseyside CH62 9AY
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Utopia Spaces Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,755 
15,319 
Current assets
Inventories
- 
7,500 
Debtors
27,088 
- 
Cash at bank and in hand
24,622 
7,239 
51,710 
14,739 
Creditors: amounts falling due within one year
(40,727)
(13,751)
Net current assets
10,983 
988 
Total assets less current liabilities
22,738 
16,307 
Creditors: amounts falling due after more than one year
(15,035)
(20,060)
Net assets/(liabilities)
7,703 
(3,753)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
7,702 
(3,754)
Shareholders' funds
7,703 
(3,753)
For the year ending 31 August 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 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 1 November 2024 and were signed on its behalf by
Mr Matthew Raymond Naylor Director Company Registration No. 12164195
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Utopia Spaces Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
Utopia Spaces Ltd is a private company, limited by shares, registered in England and Wales, registration number 12164195. The registered office is 16 Dearnford Close, Wirral, CH62 6EW, UK.
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:
Motor vehicles
15% straight line
Fixtures & fittings
15% straight line.
Computer equipment
25% straight line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 September 2022
2,321 
13,620 
5,349 
1,053 
22,343 
At 31 August 2023
2,321 
13,620 
5,349 
1,053 
22,343 
Depreciation
At 1 September 2022
928 
4,086 
1,755 
255 
7,024 
Charge for the year
464 
2,043 
802 
255 
3,564 
At 31 August 2023
1,392 
6,129 
2,557 
510 
10,588 
Net book value
At 31 August 2023
929 
7,491 
2,792 
543 
11,755 
At 31 August 2022
1,393 
9,534 
3,594 
798 
15,319 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
27,088 
- 
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Utopia Spaces Ltd Notes to the Accounts for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,000 
5,000 
VAT
24,112 
3,015 
Obligations under finance leases and hire purchase contracts
3,000 
3,000 
Taxes and social security
8,615 
- 
Loans from directors
- 
2,736 
40,727 
13,751 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
11,355 
13,855 
Obligations under finance leases and hire purchase contracts
3,680 
6,205 
15,035 
20,060 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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