Nebula Space Limited - Accounts to registrar (filleted) - small 18.2

Nebula Space Limited - Accounts to registrar (filleted) - small 18.2


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Nebula Space Limited

Financial Statements for the Year Ended 31 October 2018






Nebula Space Limited (Registered number: 08275723)






Contents of the Financial Statements
for the year ended 31 October 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Nebula Space Limited

Company Information
for the year ended 31 October 2018







DIRECTORS: Mr R Lenaghan
Mrs L A Lenaghan





SECRETARY: Mrs L A Lenaghan





REGISTERED OFFICE: Red Sky House
Fairclough Hall
Halls Green
Weston
Hertfordshire
SG4 7DP





REGISTERED NUMBER: 08275723 (England and Wales)





ACCOUNTANTS: Hargreaves Owen Ltd
Chartered Certified Accountants
Red Sky House
Fairclough Hall, Halls Green
Weston
Hertfordshire
SG4 7DP

Nebula Space Limited (Registered number: 08275723)

Balance Sheet
31 October 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,667 497

CURRENT ASSETS
Debtors 5 47,745 24,826
Cash at bank 17,758 3,266
65,503 28,092
CREDITORS
Amounts falling due within one year 6 56,501 28,459
NET CURRENT ASSETS/(LIABILITIES) 9,002 (367 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,669

130

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 12,569 30
SHAREHOLDERS' FUNDS 12,669 130

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the Board of Directors on 25 July 2019 and were signed on its
behalf by:





Mr R Lenaghan - Director


Nebula Space Limited (Registered number: 08275723)

Notes to the Financial Statements
for the year ended 31 October 2018

1. STATUTORY INFORMATION

Nebula Space Limited is a private company, limited by shares , registered in England and Wales. 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.
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 November 2017 1,754 1,307 3,061
Additions 182 4,713 4,895
At 31 October 2018 1,936 6,020 7,956
DEPRECIATION
At 1 November 2017 1,258 1,306 2,564
Charge for year 170 1,555 1,725
At 31 October 2018 1,428 2,861 4,289
NET BOOK VALUE
At 31 October 2018 508 3,159 3,667
At 31 October 2017 496 1 497

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 33,270 17,983
VAT 14,475 6,843
47,745 24,826

Nebula Space Limited (Registered number: 08275723)

Notes to the Financial Statements - continued
for the year ended 31 October 2018

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 30,092 19,232
Corporation tax 18,969 912
Credit card 2,193 7,308
Directors' current accounts 4,247 7
Accrued expenses 1,000 1,000
56,501 28,459