ACCOUNTS - Final Accounts preparation

SPACEFORM DESIGN HOLDINGS LIMITED - Company Information

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Company registration number 06971164

	ABBREVIATED ACCOUNTS
	FOR THE YEAR ENDED 31 AUGUST 2016

	SPACEFORM DESIGN HOLDINGS LIMITED


SPACEFORM DESIGN HOLDINGS LIMITED

CONTENTS

	Page
Accountants' Report	1
Balance Sheet	2
Notes to the Abbreviated Accounts	3 - 4


SPACEFORM DESIGN HOLDINGS LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF SPACEFORM DESIGN HOLDINGS LIMITED
FOR THE YEAR ENDED 31 AUGUST 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Spaceform Design Holdings Limited for the year ended 31 August 2016 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at:
www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Spaceform Design Holdings Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Spaceform Design Holdings Limited and state those matters that we have agreed to state to the Board of Directors of Spaceform Design Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Spaceform Design Holdings Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Spaceform Design Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the company's assets, liabilities, financial position and profit. You consider that Spaceform Design Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Spaceform Design Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Menzies LLP

Chartered Accountants

Centrum House

36 Station Road

Egham

Surrey

TW20 9LF

24 May 2017

Page 1


SPACEFORM DESIGN HOLDINGS LIMITED REGISTERED NUMBER: 06971164

ABBREVIATED BALANCE SHEET

AS AT 31 AUGUST 2016


				2016		2015

	Note	£	£	£	£
Fixed assets
Investments	2		737,648		737,648


Creditors: amounts falling due within one year			(212,648)		(212,648)

Total assets less current liabilities

525,000

Capital and reserves
Called up share capital	3	100	100
Share premium account		524,900	524,900

Shareholders' funds

525,000

For the year ended 31 August 2016 the company was entitled to exemption from audit under section 480 of the Companies Act 2006.

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 Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit for the financial year, in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf by:

Ms C. Greenhalgh	Mr R. M. Greenhalgh
Director	Director

Date: 3 March 2017

The notes on pages 3 to 4 form part of these financial statements.

Page 2


SPACEFORM DESIGN HOLDINGS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2016

1.Accounting Policies

	1.1	Basis of preparation of financial statements
		The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	1.2	Consolidation
		In the opinion of the directors, the company and its subsidiary undertakings comprise a small group. The company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare group accounts.

	1.3	Financial instruments
		Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

	1.4	Income from investments
		Investment income comprises of dividends declared during the accounting period in respect of listed and un-listed investments, interest receivable on term deposits and fixed interest securities and rent receivable.

2.Investments

		£
	Cost or valuation
	At 1 September 2015 and 31 August 2016	737,648

	Net book value
	At 31 August 2016	737,648
	At 31 August 2015	737,648

The company owns 100% of the issued share capital of the companies listed below,

			Class of shares	Holding

Spaceform Design Limited

Ordinary shares

100%

Page 3


SPACEFORM DESIGN HOLDINGS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2016

2.Investments (continued)

	Nature of Business	Country of Incorporation

Spaceform Design Limited	Design	England

The aggregate of the share capital and reserves as at 31 August 2016 and of the profit or loss for the year ended on that date for the subsidiary undertakings were as follows:

	Aggregate capital and reserves	Profit/(loss) for the year
	£	£

Spaceform Design Limited	332,552	(28,871)

3.Share capital

	2016	2015
	£	£
Allotted, called up and fully paid

50 Ordinary Class A shares of £1 each	50	50
50 Ordinary Class B shares of £1 each	50	50

	100	100

4.Ultimate controlling party

The company was under the control of Ms C. Greenhalgh throughout the period. Ms C. Greenhalgh is the managing director and majority shareholder.

Page 4