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Company Registration No. 11272141 (England and Wales)
Space and Thyme Management Limited Unaudited accounts for the year ended 31 March 2025
Space and Thyme Management Limited Unaudited accounts Contents
Page
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Space and Thyme Management Limited Company Information for the year ended 31 March 2025
Directors
Penny O'Reilly Christopher St John
Company Number
11272141 (England and Wales)
Registered Office
29a Wilsbury Crescent Hove BN3 6FL United Kingdom
Accountants
GMDT Business Services Ltd 61 Broughton Road Bessacarr DONCASTER S Yorkshire DN4 7HE
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Space and Thyme Management Limited for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Space and Thyme Management Limited for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
GMDT Business Services Ltd Member in Practice 61 Broughton Road Bessacarr DONCASTER S Yorkshire DN4 7HE 27 December 2025
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Space and Thyme Management Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
524 
1,034 
Current assets
Debtors
305,659 
269,746 
Cash at bank and in hand
176,025 
210,511 
481,684 
480,257 
Creditors: amounts falling due within one year
(462,730)
(373,105)
Net current assets
18,954 
107,152 
Total assets less current liabilities
19,478 
108,186 
Creditors: amounts falling due after more than one year
(12,958)
(22,791)
Provisions for liabilities
Deferred tax
(132)
(491)
Net assets
6,388 
84,904 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
6,386 
84,902 
Shareholders' funds
6,388 
84,904 
For the year ending 31 March 2025 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 27 December 2025 and were signed on its behalf by
Christopher St John Director Company Registration No. 11272141
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Space and Thyme Management Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Space and Thyme Management Limited is a private company, limited by shares, registered in England and Wales, registration number 11272141. The registered office is 29a Wilsbury Crescent, Hove, BN3 6FL, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Computer equipment
33%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2024
3,685 
At 31 March 2025
3,685 
Depreciation
At 1 April 2024
2,651 
Charge for the year
510 
At 31 March 2025
3,161 
Net book value
At 31 March 2025
524 
At 31 March 2024
1,034 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
272,917 
237,004 
Other debtors
32,742 
32,742 
305,659 
269,746 
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Space and Thyme Management Limited Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
10,000 
7,137 
VAT
25,005 
14,087 
Trade creditors
19,960 
2,586 
Amounts owed to group undertakings and other participating interests
12,972 
66,421 
Taxes and social security
17,600 
4,952 
Other creditors
3,593 
5,736 
Loans from directors
373,600 
272,186 
462,730 
373,105 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
12,958 
22,791 
8
Average number of employees
During the year the average number of employees was 23 (2024: 27).
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