Company Registration No. 08236922 (England and Wales)
Urban Initiatives Studio Ltd.
Unaudited accounts
for the year ended 31 October 2023
Urban Initiatives Studio Ltd.
Unaudited accounts
Contents
Urban Initiatives Studio Ltd.
Company Information
for the year ended 31 October 2023
Directors
Hugo Nowell
Matthias Wunderlich
Company Number
08236922 (England and Wales)
Registered Office
167-169 GREAT PORTLAND STREET
5TH FLOOR
LONDON
W1W 5PF
ENGLAND
Urban Initiatives Studio Ltd.
Statement of financial position
as at 31 October 2023
Tangible assets
2,665
1,886
Cash at bank and in hand
54,898
117,359
Creditors: amounts falling due within one year
(47,032)
(77,824)
Net current assets
121,628
122,575
Net assets
124,293
124,461
Called up share capital
1
1
Profit and loss account
124,292
124,460
Shareholders' funds
124,293
124,461
For the year ending 31 October 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 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 30 January 2024 and were signed on its behalf by
Hugo Nowell
Director
Company Registration No. 08236922
Urban Initiatives Studio Ltd.
Notes to the Accounts
for the year ended 31 October 2023
Urban Initiatives Studio Ltd. is a private company, limited by shares, registered in England and Wales, registration number 08236922. The registered office is 167-169 GREAT PORTLAND STREET, 5TH FLOOR, LONDON, W1W 5PF, ENGLAND.
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:
Fixtures & fittings
25% Straight Line
Computer equipment
33% Straight Line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2022
2,913
26,977
29,890
At 31 October 2023
2,913
28,933
31,846
At 1 November 2022
2,913
25,091
28,004
Charge for the year
-
1,177
1,177
At 31 October 2023
2,913
26,268
29,181
At 31 October 2023
-
2,665
2,665
At 31 October 2022
-
1,886
1,886
Urban Initiatives Studio Ltd.
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
103,205
77,870
Accrued income and prepayments
2,253
-
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
6,092
29,774
Taxes and social security
16,323
18,893
7
Average number of employees
During the year the average number of employees was 4 (2022: 4).