SPACE_SYNTAX_LIMITED - Accounts

SPACE SYNTAX LIMITED - Company Information

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Company Registration No. 02404770 (England and Wales)

SPACE SYNTAX LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2015

SPACE SYNTAX LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

SPACE SYNTAX LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

41,791

55,428

Investments

9,950

51,741

65,378

Current assets

Debtors

552,144

388,478

Cash at bank and in hand

88,168

184,924

640,312

573,402

Creditors: amounts falling due within one year

(167,578)

(187,368)

Net current assets

472,734

386,034

Total assets less current liabilities

524,475

451,412

Creditors: amounts falling due after more than one year

(41,350)

524,475

410,062

Capital and reserves

Called up share capital

8,600

Share premium account

3,216

Other reserves

33,663

Profit and loss account

478,996

364,583

Shareholders' funds

524,475

410,062

SPACE SYNTAX LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 JULY 2015

- 2 -

For the financial year ended 31 July 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

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

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 20 April 2016

Tim Stonor RIBA FRSA MRTPI

Director

Company Registration No. 02404770

SPACE SYNTAX LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2015

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.3

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Leasehold

10% straight line

Plant and machinery

25% straight line

Fixtures, fittings & equipment

25% straight line

1.4

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

1.5

Pensions

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.

1.6

Deferred taxation

Deferred taxation is provided at appropriate rates on all timing differences using the liability method only to the extent that, in the opinion of the directors, there is a reasonable probability that a liability or asset will crystallise in the foreseeable future.

1.7

Foreign currency translation

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

SPACE SYNTAX LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2015

- 4 -

Fixed assets

Tangible assets

Investments

Total

Cost

At 1 August 2014

437,532

9,950

447,482

Additions

5,783

At 31 July 2015

443,315

9,950

453,265

Depreciation

At 1 August 2014

382,104

Charge for the year

19,420

At 31 July 2015

401,524

Net book value

At 31 July 2015

41,791

9,950

51,741

At 31 July 2014

55,428

9,950

65,378

The company owns 50% of the issued share capital of Space Syntax (Australia) PTY Limited. This investment has been fully provided against.

Share capital

2015

2014

Allotted, called up and fully paid

8,600 Ordinary Shares of £1 each

8,600

Transactions with directors

During the year the company made advances of £nil (2014: £20,538) to T Stonor a director of the company. As at the balance sheet date the company was owed £14,638 (2014: £20,087) from T Stonor. Interest was provided at the official rate on the balance.