1 January 2021 false No description of principal activity Taxfiler 2022.8.3 10506802business:PrivateLimitedCompanyLtd2021-01-012021-12-31 105068022020-12-31 105068022021-01-012021-12-31 10506802business:AuditExemptWithAccountantsReport2021-01-012021-12-31 10506802business:FullAccounts2021-01-012021-12-31 105068022021-12-31 10506802business:Director12021-01-012021-12-31 10506802business:Director22021-01-012021-12-31 10506802business:RegisteredOffice2021-01-012021-12-31 105068022020-12-31 10506802core:WithinOneYear2021-12-31 10506802core:WithinOneYear2020-12-31 10506802core:AfterOneYear2021-12-31 10506802core:AfterOneYear2020-12-31 10506802core:ShareCapital2021-12-31 10506802core:ShareCapital2020-12-31 10506802core:RetainedEarningsAccumulatedLosses2021-12-31 10506802core:RetainedEarningsAccumulatedLosses2020-12-31 10506802business:SmallEntities2021-01-012021-12-31 10506802countries:EnglandWales2021-01-012021-12-31 10506802core:ComputerEquipment2021-01-012021-12-31 10506802core:ComputerEquipment2020-12-31 10506802core:ComputerEquipment2021-12-31 10506802business:OrdinaryShareClass12021-01-012021-12-31 10506802business:OrdinaryShareClass12020-01-012020-12-31 10506802business:OrdinaryShareClass22021-01-012021-12-31 10506802business:OrdinaryShareClass22020-01-012020-12-31 10506802business:AllOrdinaryShares2021-01-012021-12-31 10506802business:AllOrdinaryShares2020-01-012020-12-31 105068022020-01-012020-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 10506802 (England and Wales)
Urban Square Property Management Limited Unaudited accounts for the year ended 31 December 2021
Urban Square Property Management Limited Unaudited accounts Contents
Page
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Urban Square Property Management Limited Company Information for the year ended 31 December 2021
Directors
Barry Hudson Lisa Hudson
Company Number
10506802 (England and Wales)
Registered Office
8 Coney Hill Kelfield York YO19 6RL
Accountants
Annette & Co. 28 Kittlegairy Crescent Peebles EH45 9NJ
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Urban Square Property Management Limited Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Called up share capital not paid
2 
2 
Fixed assets
Tangible assets
681 
910 
Current assets
Debtors
10,016 
18,398 
Cash at bank and in hand
905 
12,425 
10,921 
30,823 
Creditors: amounts falling due within one year
12,606 
(30,710)
Net current assets
23,527 
113 
Total assets less current liabilities
24,210 
1,025 
Creditors: amounts falling due after more than one year
(15,017)
- 
Net assets
9,193 
1,025 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
9,191 
1,023 
Shareholders' funds
9,193 
1,025 
For the year ending 31 December 2021 the company was entitled to exemption from audit 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 and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 August 2022 and were signed on its behalf by
Lisa Hudson Director Company Registration No. 10506802
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Urban Square Property Management Limited Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
Urban Square Property Management Limited is a private company, limited by shares, registered in England and Wales, registration number 10506802. The registered office is 8 Coney Hill, Kelfield, York, YO19 6RL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% reducing balance
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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Urban Square Property Management Limited Notes to the Accounts for the year ended 31 December 2021
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2021
1,240 
At 31 December 2021
1,240 
Depreciation
At 1 January 2021
330 
Charge for the year
229 
At 31 December 2021
559 
Net book value
At 31 December 2021
681 
At 31 December 2020
910 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade debtors
9,905 
4,995 
Other debtors
111 
13,403 
10,016 
18,398 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade creditors
7,477 
7,187 
Amounts owed to group undertakings and other participating interests
8,939 
7,697 
Taxes and social security
3,467 
- 
Other creditors
8,351 
3,276 
Loans from directors
(40,840)
- 
Deferred income
- 
12,550 
(12,606)
30,710 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
15,017 
- 
8
Share capital
2021 
2020 
£ 
£ 
Allotted, called up and fully paid:
1 Barry Hudson of £1 each
1 
1 
1 Lisa Hudson of £1 each
1 
1 
2 
2 
9
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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