Company Registration No. 10144626 (England and Wales)
RECENT SPACES LIMITED
Abbreviated accounts
for the period from 25 April 2016 to 30 April 2017
RECENT SPACES LIMITED
Abbreviated accounts
Contents
RECENT SPACES LIMITED
Company Information
for the period from 25 April 2016 to 30 April 2017
Directors
Iain Ashley BANKS
Alexander James YORK
Company Number
10144626 (England and Wales)
Registered Office
STUDIO F7, BATTERSEA STUDIOS
80 SILVERTHORNE ROAD
LONDON
SW8 3HE
UNITED KINGDOM
RECENT SPACES LIMITED
Statement of financial position
as at 30 April 2017
Cash at bank and in hand
109,188
Creditors: amounts falling due within one year
(63,921)
Called up share capital
100
Profit and loss account
75,937
Shareholders' funds
76,037
For the period ending 30 April 2017 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.
Approved by the Board on 6 July 2017.
Alexander James YORK
Director
Company Registration No. 10144626
RECENT SPACES LIMITED
Notes to the Accounts
for the period from 25 April 2016 to 30 April 2017
RECENT SPACES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10144626. The registered office is STUDIO F7, BATTERSEA STUDIOS, 80 SILVERTHORNE ROAD, LONDON, SW8 3HE, UNITED KINGDOM.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
0% on costs per annum
Plant & machinery
10% on costs per annum
Motor vehicles
25% on costs per annum
Fixtures & fittings
20% on costs per annum
Computer equipment
33% on costs per annum
RECENT SPACES LIMITED
Notes to the Accounts
for the period from 25 April 2016 to 30 April 2017
4
Tangible fixed assets
Computer equipment
Charge for the period
4,305
6
Creditors: amounts falling due within one year
2017
Taxes and social security
33,921
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
8
Average number of employees
During the period the average number of employees was 2.