ACCOUNTS - Final Accounts preparation

SPACEFORM DESIGN HOLDINGS LIMITED - Company Information

Company registration number: 06971164

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 AUGUST 2018

	SPACEFORM DESIGN HOLDINGS LIMITED


SPACEFORM DESIGN HOLDINGS LIMITED

COMPANY INFORMATION

Directors	Ms C. Greenhalgh
	Prof R. Greenhalgh


Registered number	06971164


Registered office	526 Fulham Road
	London
	SW6 5NR


Accountants	Menzies LLP
	Chartered Accountants
	Centrum House
	36 Station Road
	Egham
	Surrey
	TW20 9LF


SPACEFORM DESIGN HOLDINGS LIMITED

CONTENTS

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2 - 3


SPACEFORM DESIGN HOLDINGS LIMITED REGISTERED NUMBER:06971164

STATEMENT OF FINANCIAL POSITION

AS AT 31 AUGUST 2018

		2018		2017
Note		£		£

Fixed assets
Investments	4		737,648		737,648
			737,648		737,648

Creditors: amounts falling due within one year	5	(212,648)		(212,648)
Net current liabilities			(212,648)		(212,648)
Total assets less current liabilities			525,000		525,000

Net assets			525,000		525,000

Capital and reserves
Called up share capital	100	100
Share premium account	524,900	524,900
	525,000	525,000

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Ms C. Greenhalgh	Prof R. Greenhalgh
Director	Director

Date: 29 May 2019

The notes on pages 2 to 3 form part of these financial statements.

Page 1


SPACEFORM DESIGN HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2018

1.	General information

Spaceform Design Holdings Limited is a private company limited by shares, incorporated in England & Wales. The company's principal place of business is Ground Floor, 526 Fulham Road, London SW6 5NR. The company's principal activity is that of an investment company.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

2.3

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

2.4

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting. Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.

Employees

The average monthly number of employees, including directors, during the year was 2 (2017 - 2).

Page 2


SPACEFORM DESIGN HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2018

4.	Fixed asset investments

		Shares in group undertaking
		£
	Cost or valuation
	At 1 September 2017	737,648
	At 31 August 2018	737,648

	Net book value
	At 31 August 2018	737,648
	At 31 August 2017	737,648

5.	Creditors: Amounts falling due within one year
		2018	2017
		£	£

Amounts owed to group undertakings	162,648	162,648
Other creditors	50,000	50,000
	212,648	212,648

Page 3