Neworbit Space Ltd Filleted Accounts Cover
Neworbit Space Ltd
Company No. 13390326
Unaudited Accounts
31 May 2024
Neworbit Space Ltd Balance Sheet Registrar
at
31 May 2024
Company No.
13390326
2024
2023
£
£
Fixed assets
306,683204,370
Current assets
5,315,398283,609
Prepayments and accrued income
-3,303
Creditors: Amounts falling due within one year
(7,319)
(4,798)
Net current assets
5,308,079282,114
Total assets less current liabilities
5,614,762486,484
Accruals and deferred income
(3,754)
(1,861)
5,611,008484,623
Capital and reserves
5,611,008
484,623
NOTES TO THE ACCOUNTS
1
Basis of preparation
These accounts have been prepared in accordance with the micro-entity provisions of the small companies regime.
2
Employees
2024
2023
Number
Number
The average monthly number of employees (including directors) during the year was:
6
4
3
Advances and credits to directors
2024
£
Advanced in the period
804
At 31 May 2024
804
4
Contingencies, guarantees and commitments
2024
2023
£
£
Total of contingencies, guarantees and commitments
8,194,3625,982,301
5
General information
Neworbit Space Ltd is a private company limited by shares and incorporated in England and Wales.
Its registered number is:
13390326
Its registered office is:
Unit 11 Southview Park Marsa
Southview Park
Reading
RG4 5AF
For the year ended 31 May 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
The accounts were approved by the board of directors on 22 May 2025 and signed on its behalf by:
A. Papulov - Director
Neworbit Space Ltd1339032631 May 202401 June 2023false22 May 2025BTCSoftware AP Solution 2025 12.1.0212.1.02The principal activity of the company during the year under review was the development of low orbit satellites. 133903262023-06-012024-05-31133903262024-05-31133903262023-05-3113390326core:WithinOneYear2024-05-3113390326core:WithinOneYear2023-05-31133903262022-06-012023-05-3113390326countries:UnitedKingdom2023-06-012024-05-3113390326bus:RegisteredOffice2023-06-012024-05-31133903262023-06-0113390326bus:Micro-entities2023-06-012024-05-3113390326bus:FullAccounts2023-06-012024-05-3113390326bus:AuditExempt-NoAccountantsReport2023-06-012024-05-3113390326bus:Director32023-06-012024-05-3113390326bus:PrivateLimitedCompanyLtd2023-06-012024-05-31iso4217:GBPxbrli:pure