Company Registration No. 09988182 (England and Wales)
URBAN PROPERTY RENTALS LTD
Unaudited accounts
for the year ended 28 February 2023
URBAN PROPERTY RENTALS LTD
Unaudited accounts
Contents
URBAN PROPERTY RENTALS LTD
Company Information
for the year ended 28 February 2023
Company Number
09988182 (England and Wales)
Registered Office
MOONHAVEN DELPH LANE
DARESBURY
WARRINGTON
WA4 6ST
URBAN PROPERTY RENTALS LTD
Statement of financial position
as at 28 February 2023
Tangible assets
910,943
682,588
Cash at bank and in hand
8,286
1,441
Creditors: amounts falling due within one year
(15,828)
(17,748)
Net current liabilities
(7,542)
(16,307)
Total assets less current liabilities
903,401
666,281
Creditors: amounts falling due after more than one year
(721,403)
(600,718)
Called up share capital
500
500
Capital contribution reserve
97,500
-
Profit and loss account
83,998
65,063
Shareholders' funds
181,998
65,563
For the year ending 28 February 2023 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 director acknowledges his 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 and authorised for issue on 1 October 2023 and were signed on its behalf by
Altaf Qayyum
Director
Company Registration No. 09988182
URBAN PROPERTY RENTALS LTD
Notes to the Accounts
for the year ended 28 February 2023
URBAN PROPERTY RENTALS LTD is a private company, limited by shares, registered in England and Wales, registration number 09988182. The registered office is MOONHAVEN DELPH LANE, DARESBURY, WARRINGTON, WA4 6ST.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2022
681,839
2,364
684,203
Additions
308,421
-
308,421
Disposals
(70,000)
-
(70,000)
At 28 February 2023
920,260
2,364
922,624
At 1 March 2022
-
1,615
1,615
Charge for the year
-
187
187
On disposals
9,879
-
9,879
At 28 February 2023
9,879
1,802
11,681
At 28 February 2023
910,381
562
910,943
At 28 February 2022
681,839
749
682,588
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
5,560
7,480
Other creditors
8,848
8,848
URBAN PROPERTY RENTALS LTD
Notes to the Accounts
for the year ended 28 February 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Amounts owed to group undertakings and other participating interests
199,500
199,500
Loans from directors
471,988
253,803
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).