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Company Registration No. 5494006 (England and Wales)
New Space Limited Unaudited accounts for the year ended 30 June 2024
New Space Limited Unaudited accounts Contents
Page
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New Space Limited Company Information for the year ended 30 June 2024
Director
Vitalijus Jonkus
Company Number
5494006 (England and Wales)
Registered Office
15a Walm Lane London NW2 5SJ England and Wales
Accountants
Schiavi Pole Brett Ltd 15A Walm Lane London NW2 5SJ
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New Space Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
29,522 
39,214 
Current assets
Inventories
- 
40,000 
Debtors
387 
- 
Cash at bank and in hand
363,450 
229,276 
363,837 
269,276 
Creditors: amounts falling due within one year
(212,982)
(208,327)
Net current assets
150,855 
60,949 
Total assets less current liabilities
180,377 
100,163 
Provisions for liabilities
Deferred tax
(8,202)
(7,791)
Net assets
172,175 
92,372 
Capital and reserves
Called up share capital
149 
149 
Capital redemption reserve
51 
51 
Profit and loss account
171,975 
92,172 
Shareholders' funds
172,175 
92,372 
For the year ending 30 June 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 28 February 2025 and were signed on its behalf by
Vitalijus Jonkus Director Company Registration No. 5494006
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New Space Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
New Space Limited is a private company, limited by shares, registered in England and Wales, registration number 5494006. The registered office is 15a Walm Lane, London, NW2 5SJ, England and Wales.
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
15% Reducing balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
15% Reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2023
3,427 
54,100 
11,148 
68,675 
Disposals
- 
(16,255)
- 
(16,255)
At 30 June 2024
3,427 
37,845 
11,148 
52,420 
Depreciation
At 1 July 2023
2,329 
21,153 
5,979 
29,461 
Charge for the year
165 
8,108 
775 
9,048 
On disposals
- 
(15,611)
- 
(15,611)
At 30 June 2024
2,494 
13,650 
6,754 
22,898 
Net book value
At 30 June 2024
933 
24,195 
4,394 
29,522 
At 30 June 2023
1,098 
32,947 
5,169 
39,214 
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New Space Limited Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
387 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
42,475 
44,223 
Trade creditors
34,313 
58,876 
Taxes and social security
43,332 
25,439 
Other creditors
73,008 
69,822 
Loans from directors
8,924 
3,767 
Accruals
10,930 
6,200 
212,982 
208,327 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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