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Company Registration No. 02953672 (England and Wales)
Spatial Imaging Limited Unaudited accounts for the year ended 31 March 2024
Spatial Imaging Limited Unaudited accounts Contents
Page
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Spatial Imaging Limited Company Information for the year ended 31 March 2024
Directors
Brigette B Blicq Robert A Munday
Company Number
02953672 (England and Wales)
Registered Office
Unit 8 - Studio A Worton Hall Industrial Estate Worton Road Isleworth TW7 6ER United Kingdom
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Spatial Imaging Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,047 
4,063 
Current assets
Debtors
256,397 
549,930 
Cash at bank and in hand
133,751 
45,937 
390,148 
595,867 
Creditors: amounts falling due within one year
(271,575)
(283,138)
Net current assets
118,573 
312,729 
Net assets
121,620 
316,792 
Capital and reserves
Called up share capital
121 
121 
Share premium
34,979 
34,979 
Profit and loss account
86,520 
281,692 
Shareholders' funds
121,620 
316,792 
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 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 19 September 2024 and were signed on its behalf by
Robert A Munday Director Company Registration No. 02953672
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Spatial Imaging Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Spatial Imaging Limited is a private company, limited by shares, registered in England and Wales, registration number 02953672. The registered office is Unit 8 - Studio A, Worton Hall Industrial Estate, Worton Road, Isleworth, TW7 6ER, United Kingdom.
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:
Plant & machinery
25% Reducing Balance
Computer equipment
25% Reducing Balance
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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 substantially paid for by customers.
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Spatial Imaging Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
50,863 
64,755 
115,618 
At 31 March 2024
50,863 
64,755 
115,618 
Depreciation
At 1 April 2023
49,933 
61,622 
111,555 
Charge for the year
233 
783 
1,016 
At 31 March 2024
50,166 
62,405 
112,571 
Net book value
At 31 March 2024
697 
2,350 
3,047 
At 31 March 2023
930 
3,133 
4,063 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
50,763 
212,272 
Other debtors
205,634 
337,658 
256,397 
549,930 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,152 
19,733 
Trade creditors
24,719 
- 
Taxes and social security
46,760 
22,291 
Accruals
1,500 
33,995 
Deferred income
195,444 
207,119 
271,575 
283,138 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
12,139 Ordinary shares of £0.01 each
121.39 
121.39 
8
Operating lease commitments
2024 
2023 
£ 
£ 
At 31 March 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
15,750 
15,750 
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Spatial Imaging Limited Notes to the Accounts for the year ended 31 March 2024
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Robert A Munday
Owed by Director
337,658 
- 
132,024 
205,634 
337,658 
- 
132,024 
205,634 
The loan is interest free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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