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REGISTERED NUMBER: 05426754 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2022

FOR

URBIS DESIGN LIMITED

URBIS DESIGN LIMITED (REGISTERED NUMBER: 05426754)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2022




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


URBIS DESIGN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2022







DIRECTORS: R Mackness
Mrs E Mackness





REGISTERED OFFICE: 3 & 4 Park Court
Riccall Road
Escrick
York
North Yorkshire
YO19 6ED





REGISTERED NUMBER: 05426754 (England and Wales)





ACCOUNTANTS: CGA
Chartered Certified Accountants
3 & 4 Park Court
Riccall Road
Escrick
York
North Yorkshire
YO19 6ED

URBIS DESIGN LIMITED (REGISTERED NUMBER: 05426754)

STATEMENT OF FINANCIAL POSITION
30TH APRIL 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 11,644 15,525
Tangible assets 5 27,784 28,234
39,428 43,759

CURRENT ASSETS
Stocks 15,318 9,511
Debtors 6 7,325 33,802
Cash at bank 236,167 206,025
258,810 249,338
CREDITORS
Amounts falling due within one year 7 148,247 199,180
NET CURRENT ASSETS 110,563 50,158
TOTAL ASSETS LESS CURRENT
LIABILITIES

149,991

93,917

PROVISIONS FOR LIABILITIES 2,763 2,404
NET ASSETS 147,228 91,513

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 147,226 91,511
SHAREHOLDERS' FUNDS 147,228 91,513

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7th September 2022 and were signed on its behalf by:



R Mackness - Director



Mrs E Mackness - Director


URBIS DESIGN LIMITED (REGISTERED NUMBER: 05426754)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2022

1. STATUTORY INFORMATION

Urbis Design Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Turnover is recognised when the goods are physically delivered to the customer.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years, revised on 1 May 2015 in line with Financial Reporting Standard 102.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on reducing balance
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

URBIS DESIGN LIMITED (REGISTERED NUMBER: 05426754)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2021 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st May 2021
and 30th April 2022 45,000
AMORTISATION
At 1st May 2021 29,475
Charge for year 3,881
At 30th April 2022 33,356
NET BOOK VALUE
At 30th April 2022 11,644
At 30th April 2021 15,525

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1st May 2021 30,571 46,758 3,520 16,917 97,766
Additions - 6,912 - - 6,912
At 30th April 2022 30,571 53,670 3,520 16,917 104,678
DEPRECIATION
At 1st May 2021 20,283 35,457 2,133 11,659 69,532
Charge for year 2,058 3,643 346 1,315 7,362
At 30th April 2022 22,341 39,100 2,479 12,974 76,894
NET BOOK VALUE
At 30th April 2022 8,230 14,570 1,041 3,943 27,784
At 30th April 2021 10,288 11,301 1,387 5,258 28,234

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 3,244 32,018
Other debtors 4,081 1,784
7,325 33,802

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 16,564 5,753
Taxation and social security 50,887 66,674
Other creditors 80,796 126,753
148,247 199,180

URBIS DESIGN LIMITED (REGISTERED NUMBER: 05426754)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2022

8. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £3,646 (2021 - £12,325) to members of key management personnel. No interest has been charged to the company in respect of this loan which is repayable on demand and is presented within creditors due within one year.