Company Registration No. 12640867 (England and Wales)
UKSPACE TRADE ASSOCIATION LTD
Unaudited accounts
for the year ended 31 December 2024
UKSPACE TRADE ASSOCIATION LTD
Unaudited accounts
Contents
UKSPACE TRADE ASSOCIATION LTD
Company Information
for the year ended 31 December 2024
Directors
Mr N P E Shave
Ms J E Wheeler
Mr J Hanley
Mr C Baldwin
J F Liddle
Company Number
12640867 (England and Wales)
Registered Office
BASE BORDON INNOVATION CENTRE
BROXHEAD HOUSE, 60 BARBADOS ROAD
BORDON
HAMPSHIRE
GU35 0FX
UNITED KINGDOM
UKSPACE TRADE ASSOCIATION LTD
Statement of financial position
as at 31 December 2024
Tangible assets
7,272
2,588
Cash at bank and in hand
519,591
502,860
Creditors: amounts falling due within one year
(488,846)
(543,610)
Net current assets
335,017
313,100
Net assets
342,289
315,688
Profit and loss account
342,289
315,688
Members' funds
342,289
315,688
For the year ending 31 December 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 30 April 2025 and were signed on its behalf by
Mr C Baldwin
Director
Company Registration No. 12640867
UKSPACE TRADE ASSOCIATION LTD
Notes to the Accounts
for the year ended 31 December 2024
UKSPACE TRADE ASSOCIATION LTD is a private company, limited by guarantee, registered in England and Wales, registration number 12640867. The registered office is BASE BORDON INNOVATION CENTRE, BROXHEAD HOUSE, 60 BARBADOS ROAD, BORDON, HAMPSHIRE, GU35 0FX, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Revenue, described as income is the value of membership income, invoiced to members during the year.
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.
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:
Fixtures & fittings
33.3% per annum straight line
Computer equipment
20% per annum straight line
UKSPACE TRADE ASSOCIATION LTD
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
919
5,447
6,366
Disposals
-
(2,166)
(2,166)
At 31 December 2024
919
10,201
11,120
At 1 January 2024
777
3,001
3,778
Charge for the year
65
1,954
2,019
On disposals
-
(1,949)
(1,949)
At 31 December 2024
842
3,006
3,848
At 31 December 2024
77
7,195
7,272
At 31 December 2023
142
2,446
2,588
Amounts falling due after more than one year
Trade debtors
300,578
330,095
Other debtors
3,694
23,755
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
6,059
15,770
Taxes and social security
6,047
-
Other creditors
2,937
9,137
Deferred income
473,803
518,703
7
Company limited by guarantee
The company is limited by guarantee and has no share capital.
8
Average number of employees
During the year the average number of employees was 6 (2023: 3).