Space-Plug Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08302219

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

Space-Plug Limited

Page

Company Information

1

Report of the Accountants

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

C S Petit

SECRETARY:

REGISTERED OFFICE:

398 Coast Road

Pevensey Bay

East Sussex

BN24 6NY

REGISTERED NUMBER:

08302219

ACCOUNTANTS:

Stone's Accountancy Sussex Limited

398 Coast Road

Pevensey Bay

Pevensey

East Sussex

BN24 6NY

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

You consider that the company is exempt from an audit for the period ended as above. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial period and of its profit or loss for the financial period.

In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

Stone's Accountancy Sussex Limited

398 Coast Road

Pevensey Bay

Pevensey

East Sussex

BN24 6NY

Date: .............................................

FIXED ASSETS

Tangible assets

4

18,032

22,541

CURRENT ASSETS

Stocks

27,376

15,375

Debtors

5

15,945

35,540

Cash at bank and in hand

56,106

2,552

99,427

53,467

CREDITORS

Amounts falling due within one year

6

78,305

44,023

NET CURRENT ASSETS

21,122

9,444

TOTAL ASSETS LESS CURRENT
LIABILITIES

39,154

31,985

CREDITORS

Amounts falling due after more than
one year

7

(32,534

)

(38,564

)

PROVISIONS FOR LIABILITIES

(1,633

)

(2,042

)

NET ASSETS/(LIABILITIES)

4,987

(8,621

)

CAPITAL AND RESERVES

Called up share capital

101

Retained earnings

4,886

(8,722

)

SHAREHOLDERS' FUNDS

4,987

(8,621

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 March 2026 and were signed by:

C S Petit - Director

1.	STATUTORY INFORMATION

Space-Plug Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 February 2025

and 31 January 2026

47,200

2,000

1,926

51,126

DEPRECIATION

At 1 February 2025

25,690

1,732

1,163

28,585

Charge for year

4,302

54

153

4,509

At 31 January 2026

29,992

1,786

1,316

33,094

NET BOOK VALUE

At 31 January 2026

17,208

214

610

18,032

At 31 January 2025

21,510

268

763

22,541

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/26

31/1/25

£

Trade debtors

16,103

35,540

Prepayments

(158

)

-

15,945

35,540

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/26

31/1/25

£

Trade creditors

35,837

25,789

Tax

9,741

1,538

VAT

9,659

8,553

Directors' loan accounts

22,048

7,642

Accrued expenses

1,020

501

78,305

44,023

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

31/1/26

31/1/25

£

Bank loans - 2-5 years

2,000

8,030

Other loans - 1-2 years

186

Other loans - 2-5 years

30,348

32,534

38,564

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the director has loaned the company the loan account. No interest has been charged for this loan and the loan is repayable on demand.