CAMBRIDGE SPACE CENTRE LIMITED


Directors	Mr G E Baker
	Mr M J Chandler


Registered Address	The Priory Thremhall Park
	Start Hill
	Bishop's Stortford
	CM22 7WE


Registered Number	11201459 (England and Wales)

Statement of Financial Position
30 June 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		1,093,461		1,029,583
			1,093,461		1,029,583
Current assets
Debtors	4	1,551,217		1,933,853
Cash at bank and on hand		636,122		951,386
		2,187,339		2,885,239
Creditors amounts falling due within one year	5	(352,903)		(1,217,645)
Net current assets (liabilities)			1,834,436		1,667,594
Total assets less current liabilities			2,927,897		2,697,177
Net assets			2,927,897		2,697,177
Capital and reserves
Called up share capital			100		100
Share premium			786		-
Profit and loss account			2,927,011		2,697,077
Shareholders' funds			2,927,897		2,697,177

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 25 June 2026, and are signed on its behalf by:

Mr G E Baker
Director
Registered Company No. 11201459

CAMBRIDGE SPACE CENTRE LIMITED

Notes to the Financial Statements
for the year ended 30 June 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and 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 (£).

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Land and buildings	10
	Fixtures and fittings	10
	Office Equipment	25

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		3

3.	Tangible fixed assets

	Land & buildings	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 July 24	1,605,098	25,726	24,098	1,654,922
Additions	206,822	24,189	-	231,011
At 30 June 25	1,811,920	49,915	24,098	1,885,933
Depreciation and impairment
At 01 July 24	607,583	2,158	15,598	625,339
Charge for year	162,234	2,774	2,125	167,133
At 30 June 25	769,817	4,932	17,723	792,472
Net book value
At 30 June 25	1,042,103	44,983	6,375	1,093,461
At 30 June 24	997,515	23,568	8,500	1,029,583

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	105,473	406,600
Amounts owed by group undertakings	538,396	329,100
Other debtors	474,868	531,478
Prepayments and accrued income	432,480	666,675
Total	1,551,217	1,933,853

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	32,667	766,729
Amounts owed to related parties	100	-
Taxation and social security	148,136	195,641
Other creditors	169,200	169,200
Accrued liabilities and deferred income	2,800	86,075
Total	352,903	1,217,645

6.	Related party transactions
	As at the balance sheet date, included in creditors due within one year is £100 ( 2024: £Nil) due to Mantle Space Limited. The amount is interest-free and repayable on demand. As at the balance sheet date, included in debtors due within one year is £538,396 ( 2024: £329,100) due from Mantle (Hertford) Limited. The amount is interest-free and repayable on demand.