Abbreviated Company Accounts - GALAXY SPACE LTD

Registered Number 08401985

GALAXY SPACE LTD

Abbreviated Accounts

28 February 2014

GALAXY SPACE LTD Registered Number 08401985

Abbreviated Balance Sheet as at 28 February 2014

	Notes	2014
		£
Fixed assets
Tangible assets	2	29,385
		29,385
Current assets
Cash at bank and in hand		47
		47
Creditors: amounts falling due within one year		(600)
Net current assets (liabilities)		(553)
Total assets less current liabilities		28,832
Creditors: amounts falling due after more than one year		(37,599)
Total net assets (liabilities)		(8,767)
Capital and reserves
Called up share capital		2
Profit and loss account		(8,769)
Shareholders' funds		(8,767)

For the year ending 28 February 2014 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 10 November 2014

And signed on their behalf by:
W Legate, Director

GALAXY SPACE LTD Registered Number 08401985

Notes to the Abbreviated Accounts for the period ended 28 February 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Tangible fixed assets

	£
Cost
Additions	35,835
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2014	35,835
Depreciation
Charge for the year	6,450
On disposals	-
At 28 February 2014	6,450
Net book values
At 28 February 2014	29,385