| Uspace Ltd |
| Registered number: |
14318392 |
| Statement of Financial Position |
| as at 31 May 2026 |
|
| Notes |
|
|
2026 |
|
|
2025 |
| £ |
£ |
| Current assets |
| Debtors |
3 |
|
450 |
|
|
- |
| Cash at bank and in hand |
|
|
1,611 |
|
|
132,583 |
|
|
|
2,061 |
|
|
132,583 |
|
| Creditors: amounts falling due within one year |
4 |
|
(5,150) |
|
|
(135,019) |
|
| Net current liabilities |
|
|
|
(3,089) |
|
|
(2,436) |
|
| Net liabilities |
|
|
|
(3,089) |
|
|
(2,436) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
(3,189) |
|
|
(2,536) |
|
| Shareholder's funds |
|
|
|
(3,089) |
|
|
(2,436) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| X Ding |
| Director |
| Approved by the board on 18 August 2026 |
|
| Uspace Ltd |
| Notes to the Accounts |
| for the period from 1 September 2025 to 31 May 2026 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.
|
|
|
Going concern |
|
The company did not trade throughout the financial period. The director has indicated an intention to apply for the company to be struck off the register at Companies House. Accordingly, these financial statements have been prepared on a basis other than that of a going concern. No adjustments were required as a result of this basis, as the company has no material assets or liabilities.
No provision has been made for future costs of terminating the business unless such costs were committed at the reporting date. |
|
|
Debtors |
|
Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
| 2 |
Employees and directors |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of directors and persons employed by the company |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
|
Prepayments |
450 |
|
- |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Accruals |
450 |
|
319 |
|
Other creditors |
4,700 |
|
134,700 |
|
|
|
|
|
|
5,150 |
|
135,019 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Other information |
|
|
Uspace Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
20-22 |
|
Wenlock Road |
|
London |
|
N1 7GU |