Originally Posted by TIFF
The lettering and the spaces HAVE to be a certain size....but you can trim the plate right down to the letters and it will be fine

No you can't. There is a set size for a number plate and for the lettering etc. It also states in the regulations the minimum distance between the letters and the border of the plate.
£30 fixed penalty for non conforming number plates.
Check the dvla website, it has all the info on there.