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REGISTERED NUMBER: 07881031 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Spacecraft Systems Engineering Ltd

Spacecraft Systems Engineering Ltd (Registered number: 07881031)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Spacecraft Systems Engineering Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTOR: M A Tomlin





SECRETARY: M A Tomlin





REGISTERED OFFICE: 79 Willian Road
Hitchin
Hertfordshire
SG4 0LS





REGISTERED NUMBER: 07881031 (England and Wales)





ACCOUNTANTS: Edwards and associates
28a Bedford Road
Barton Le Clay
Bedford
Bedfordshire
MK45 4PP

Spacecraft Systems Engineering Ltd (Registered number: 07881031)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 69 92

CURRENT ASSETS
Debtors 5 116,635 116,886

CREDITORS
Amounts falling due within one year 6 28,616 28,334
NET CURRENT ASSETS 88,019 88,552
TOTAL ASSETS LESS CURRENT
LIABILITIES

88,088

88,644

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 87,988 88,544
88,088 88,644

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 March 2025 and were signed by:





M A Tomlin - Director


Spacecraft Systems Engineering Ltd (Registered number: 07881031)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Spacecraft Systems Engineering Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Spacecraft Systems Engineering Ltd (Registered number: 07881031)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024
and 31 December 2024 700
DEPRECIATION
At 1 January 2024 608
Charge for year 23
At 31 December 2024 631
NET BOOK VALUE
At 31 December 2024 69
At 31 December 2023 92

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Other debtors 116,635 116,886

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 28,466 27,733
Trade creditors - 1
Other creditors 150 600
28,616 28,334

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24 31.12.23
£    £   
M A Tomlin
Balance outstanding at start of year 75,025 80,876
Amounts advanced 2,155 14,081
Amounts repaid (2,406 ) (19,932 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 74,774 75,025

Spacecraft Systems Engineering Ltd (Registered number: 07881031)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

8. RELATED PARTY DISCLOSURES

As at 31st December 2024 Mr M Tomlin the sole Director and shareholder owed Spacecraft Systems Engineering Ltd £74,773 (20131 - £75,205).

9. ULTIMATE CONTROLLING PARTY

The controlling party is M A Tomlin.

The ultimate controlling party is M A Tomlin.