INSTANT SPACE (UK) LIMITED - Filleted accounts

Registered number

05014803

INSTANT SPACE (UK) LIMITED

Filleted Accounts

31 January 2026

INSTANT SPACE (UK) LIMITED
Registered number:		05014803
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		813,575			868,111

Current assets
Debtors	4	1,084,661			1,335,985
Cash at bank and in hand		386,706			168,640
		1,471,367			1,504,625

Creditors: amounts falling due within one year	5	(936,548)			(1,038,251)

Net current assets			534,819			466,374

Total assets less current liabilities			1,348,394			1,334,485

Creditors: amounts falling due after more than one year	6		(20,648)			(105,746)



Net assets			1,327,746			1,228,739

Capital and reserves
Called up share capital			100			100
Profit and loss account			1,327,646			1,228,639

Shareholders' funds			1,327,746			1,228,739

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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 and delivered 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.




Mrs D Edgington
Director
Approved by the board on 18 September 2026

INSTANT SPACE (UK) LIMITED
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	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).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicles			25% RBM
	Plant and machinery			20% RBM
	Fixtures, fittings, tools and equipment			20% RBM

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice 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 (which is usually the invoice 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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					4		4


3	Tangible fixed assets
				Plant and machinery etc		Motor vehicles		Total
£					£		£
	Cost
	At 1 February 2025			1,608,039		9,790		1,617,829
	Additions			148,858		-		148,858
	At 31 January 2026			1,756,897		9,790		1,766,687

	Depreciation
	At 1 February 2025			739,928		9,790		749,718
	Charge for the year			203,394		-		203,394
	At 31 January 2026			943,322		9,790		953,112

	Net book value
	At 31 January 2026			813,575		-		813,575
	At 31 January 2025			868,111		-		868,111


4	Debtors					2026		2025
£							£

	Trade debtors					230,873		604,706
	Other debtors					853,788		731,279
						1,084,661		1,335,985


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					180,129		175,653
	Trade creditors					349,348		541,960
	Taxation and social security costs					402,706		317,148
	Other creditors					4,365		3,490
						936,548		1,038,251


6	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					20,648		105,746


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mrs D Edgington
	Directors Loan Account	199,239		67,180		(63,522)		202,897

	Mr E Palfree
	Directors Loan Account	532,039		202,634		(94,587)		640,086

		731,278		269,814		(158,109)		842,983


8	Controlling party

	The company is controlled by the company director, Mr E Palfree, by virtue of his majority shareholding.


9	Other information

	INSTANT SPACE (UK) LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	Venture Point
	Wheelhouse Road
	Brereton
	Rugeley
	WS15 1UZ