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Registered number: 11692645

Space Design and Build Limited

ACCOUNTS
FOR THE YEAR ENDED 30/11/2024

Prepared By:
L A Morgan
2 Woodhill Avenue
Portishead
Bristol
BS20 7EXL

Space Design and Build Limited

ACCOUNTS
FOR THE YEAR ENDED 30/11/2024
DIRECTORS
Timothy Waddington
REGISTERED OFFICE
12 Halyard Way
Portishead
Bristol
BS20 7PR
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 11692645
ACCOUNTANTS
L A Morgan
2 Woodhill Avenue
Portishead
Bristol
BS20 7EXL

Space Design and Build Limited

ACCOUNTS
FOR THEYEARENDED30/11/2024
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Space Design and Build Limited

BALANCE SHEET AT 30/11/2024
20242023
Notes££
FIXED ASSETS
Tangible assets333,86434,005
CURRENT ASSETS
Stock52,5395,000
Debtors553,2581,091
Cash at bank and in hand95,373139,895
201,170145,986
CREDITORS: Amounts falling due within one year6187,735131,452
NET CURRENT ASSETS13,43514,534
TOTAL ASSETS LESS CURRENT LIABILITIES47,29948,539
CREDITORS: Amounts falling due after more than one year742,50147,168
NET ASSETS4,7981,371
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account4,6981,271
SHAREHOLDERS' FUNDS4,7981,371
For the year ending 30/11/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 22/04/2025 and signed on their behalf by
.............................
Timothy Waddington
Director

Space Design and Build Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/11/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Commercial Vehiclesreducing balance 25%
Equipmentreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. EMPLOYEES
20242023
No.No.
Average number of employees43

Space Design and Build Limited

3. TANGIBLE FIXED ASSETS
Commercial
VehiclesEquipmentTotal
£££
Cost
At 01/12/202332,99913,69646,695
Additions10,2501,36111,611
Disposals(5,000)-(5,000)
At 30/11/202438,24915,05753,306
Depreciation
At 01/12/20235,2687,42212,690
Disposals(3,451)-(3,451)
For the year8,4281,77510,203
At 30/11/202410,2459,19719,442
Net Book Amounts
At 30/11/202428,0045,86033,864
At 30/11/202327,7316,27434,005
4. STOCK 20242023
££
Stock comprises:
Work in progress52,5395,000
52,5395,000
5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors47,999985
Other debtors4,000-
Prepayments1,259106
53,2581,091

Space Design and Build Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax10,019444
VAT18,80225,299
PAYE control11,8996,510
Directors current account51,25441,689
Bank Loan5,5205,520
Hire purchase5,8323,920
Trade creditors41,27522,275
Other creditors36,55421,185
Accruals6,5804,610
187,735131,452
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr26,92432,469
Hire purchase >1yr15,57714,699
42,50147,168
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100 100
100