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Company Registration No. 13975987 (England and Wales)
The Academy: S.P.A.C.E. Ltd Unaudited accounts for the year ended 31 August 2025
The Academy: S.P.A.C.E. Ltd Unaudited accounts Contents
Page
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The Academy: S.P.A.C.E. Ltd Company Information for the year ended 31 August 2025
Directors
Gail Evans Julie Howorth Sally Lee
Company Number
13975987 (England and Wales)
Registered Office
The Coach House 1a Filey Street SHEFFIELD South Yorkshire S10 2FF
Accountants
One Stop Accounts & Tax Kingfisher House 21-23 Elmfield Road Bromley Kent BR1 1LT
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The Academy: S.P.A.C.E. Ltd Statement of financial position as at 31 August 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Debtors
32,732 
3,820 
Cash at bank and in hand
62,244 
69,688 
94,976 
73,508 
Creditors: amounts falling due within one year
(31,361)
(33,478)
Net current assets
63,615 
40,030 
Net assets
63,615 
40,030 
Capital and reserves
Called up share capital
30 
30 
Profit and loss account
63,585 
40,000 
Shareholders' funds
63,615 
40,030 
For the year ending 31 August 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 25 May 2026 and were signed on its behalf by
Sally Lee Director Company Registration No. 13975987
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The Academy: S.P.A.C.E. Ltd Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
The Academy: S.P.A.C.E. Ltd is a private company, limited by shares, registered in England and Wales, registration number 13975987. The registered office is The Coach House, 1a Filey Street, SHEFFIELD, South Yorkshire, S10 2FF.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
32,732 
3,820 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
12,536 
4,915 
Trade creditors
- 
13,036 
Taxes and social security
14,311 
10,296 
Loans from directors
4,514 
5,231 
31,361 
33,478 
6
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
30 Ordinary shares of £1 each
30 
30 
7
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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