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Company Registration No. 12164195 (England and Wales)
Utopia Spaces Ltd Unaudited accounts for the year ended 31 August 2024
Utopia Spaces Ltd Unaudited accounts Contents
Page
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Utopia Spaces Ltd Company Information for the year ended 31 August 2024
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 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,191 
11,755 
Current assets
Inventories
7,100 
- 
Debtors
78,285 
27,088 
Cash at bank and in hand
27,827 
24,622 
113,212 
51,710 
Creditors: amounts falling due within one year
(87,681)
(40,727)
Net current assets
25,531 
10,983 
Total assets less current liabilities
33,722 
22,738 
Creditors: amounts falling due after more than one year
(9,962)
(15,035)
Net assets
23,760 
7,703 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
23,759 
7,702 
Shareholders' funds
23,760 
7,703 
For the year ending 31 August 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 14 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 2024
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 2023
2,321 
13,620 
5,349 
1,053 
22,343 
At 31 August 2024
2,321 
13,620 
5,349 
1,053 
22,343 
Depreciation
At 1 September 2023
1,392 
6,129 
2,557 
510 
10,588 
Charge for the year
464 
2,043 
802 
255 
3,564 
At 31 August 2024
1,856 
8,172 
3,359 
765 
14,152 
Net book value
At 31 August 2024
465 
5,448 
1,990 
288 
8,191 
At 31 August 2023
929 
7,491 
2,792 
543 
11,755 
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Utopia Spaces Ltd Notes to the Accounts for the year ended 31 August 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
77,785 
27,088 
Other debtors
500 
- 
78,285 
27,088 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,000 
5,000 
VAT
62,846 
24,112 
Obligations under finance leases and hire purchase contracts
3,000 
3,000 
Taxes and social security
16,835 
8,615 
87,681 
40,727 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
9,402 
11,355 
Obligations under finance leases and hire purchase contracts
560 
3,680 
9,962 
15,035 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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