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REGISTERED NUMBER: 05269866 (England and Wales)

























Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Space Dimensions Limited
Trading as
Space BDC

Space Dimensions Limited (Registered number: 05269866)
Trading as Space BDC






Contents of the Financial Statements
for the year ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 7

Space Dimensions Limited
Trading as Space BDC

Company Information
for the year ended 30 September 2024







DIRECTOR: Mr N J Smith





SECRETARY: Mr N J Smith





REGISTERED OFFICE: St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE





REGISTERED NUMBER: 05269866 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
Chartered Accountants
2 Maple Court
Davenport Street
Macclesfield
Cheshire
SK10 1JE

Space Dimensions Limited (Registered number: 05269866)
Trading as Space BDC

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,638 27,181

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 5 146,716 145,466
Cash at bank and in hand 805 731
152,521 151,197
CREDITORS
Amounts falling due within one year 6 99,867 92,901
NET CURRENT ASSETS 52,654 58,296
TOTAL ASSETS LESS CURRENT
LIABILITIES

72,292

85,477

CREDITORS
Amounts falling due after more than one year 7 41,926 52,692
NET ASSETS 30,366 32,785

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 30,266 32,685
SHAREHOLDERS' FUNDS 30,366 32,785

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Profit and Loss has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 June 2025 and were signed by:





Mr N J Smith - Director


Space Dimensions Limited (Registered number: 05269866)
Trading as Space BDC

Notes to the Financial Statements
for the year ended 30 September 2024

1. STATUTORY INFORMATION

Space Dimensions Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Fixtures and fittings- 33% on cost
Motor vehicles- 25% on cost
Computer equipment- 33% on cost
Plant and machinery- 20% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Space Dimensions Limited (Registered number: 05269866)
Trading as Space BDC

Notes to the Financial Statements - continued
for the year ended 30 September 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the Income Statement over the relevant period. The capital element of the future payments is treated as a liability.

Share capital
Ordinary shares are classed as equity.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the Income Statement.

Distributions to equity holders
Dividends are recognised as a liability in the financial statements in the period in which the dividends are approved by the company's shareholders. These amounts are recognised in the statement of changes in equity.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Grant Income
Grant income in respect of revenue expenditure is matched and released to the income statement as the expenditure is incurred.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023
and 30 September 2024 55,248
DEPRECIATION
At 1 October 2023 28,067
Charge for year 7,543
At 30 September 2024 35,610
NET BOOK VALUE
At 30 September 2024 19,638
At 30 September 2023 27,181

Space Dimensions Limited (Registered number: 05269866)
Trading as Space BDC

Notes to the Financial Statements - continued
for the year ended 30 September 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 October 2023
and 30 September 2024 38,300
DEPRECIATION
At 1 October 2023 14,363
Charge for year 5,984
At 30 September 2024 20,347
NET BOOK VALUE
At 30 September 2024 17,953
At 30 September 2023 23,937

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,356 3,192
Other debtors 142,360 142,274
146,716 145,466

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 48,483 51,892
Hire purchase contracts 5,304 5,304
Trade creditors 8,642 2,927
Taxation and social security 19,126 19,568
Other creditors 18,312 13,210
99,867 92,901

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 27,281 32,743
Hire purchase contracts 14,645 19,949
41,926 52,692

Space Dimensions Limited (Registered number: 05269866)
Trading as Space BDC

Notes to the Financial Statements - continued
for the year ended 30 September 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdrafts 43,025 46,569
Hire purchase contracts 19,949 25,253
62,974 71,822

The bank holds a fixed and floating charge over the company.

The director has provided a personal guarantee to the value of £38,000.

Assets financed under a hire purchase arrangement are secured against the assets acquired .

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
80 Ordinary A £1 80 80
20 Ordinary B £1 20 20
100 100

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following aggregate advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
Mr N J Smith
Balance outstanding at start of year 117,846 85,749
Amounts advanced 57,621 65,097
Amounts repaid (57,328 ) (33,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 118,139 117,846

Amounts loaned to directors are unsecured, interest free and repayable on demand.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Space Dimensions Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Space Dimensions Limited for the year ended 30 September 2024 which comprise the Profit and Loss, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Space Dimensions Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Space Dimensions Limited and state those matters that we have agreed to state to the director of Space Dimensions Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Space Dimensions Limited and its director for our work or for this report.

It is your duty to ensure that Space Dimensions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Space Dimensions Limited. You consider that Space Dimensions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Space Dimensions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bennett Brooks & Co Ltd
Chartered Accountants
2 Maple Court
Davenport Street
Macclesfield
Cheshire
SK10 1JE


9 June 2025