F.P. Urban Design Limited
Unaudited Financial Statements
For the year ended 30 April 2023
Pages for Filing with Registrar
Company Registration No. 06497488 (England and Wales)
F.P. Urban Design Limited
Contents
Page
Balance sheet
1
Notes to the financial statements
2 - 3
F.P. Urban Design Limited
Balance Sheet
As at 30 April 2023
Page 1
2023
2022
Notes
£
£
£
£
Current assets
Debtors
3
203,157
203,157
Creditors: amounts falling due within one year
4
(203,155)
(203,155)
Net current assets
2
2
Capital and reserves
Called up share capital
5
2
2
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 April 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 30 January 2024 and are signed on its behalf by:
K Priest
Director
Company Registration No. 06497488
F.P. Urban Design Limited
Notes to the Financial Statements
For the year ended 30 April 2023
Page 2
1
Accounting policies
Company information
F.P. Urban Design Limited is a private company limited by shares incorporated in England and Wales. The registered office is First Floor, Middlesex House, 34/42 Cleveland Street, London, W1T 4JE.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Going concern
Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
The company only has basic financial instruments measured at amortised cost, with no financial instruments classified as other, or basic financial instruments measured at fair value.
1.4
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was 0 (2022 - 2).
F.P. Urban Design Limited
Notes to the Financial Statements (Continued)
For the year ended 30 April 2023
Page 3
3
Debtors
2023
2022
Amounts falling due within one year:
£
£
Amounts due from fellow group undertakings
203,157
203,157
4
Creditors: amounts falling due within one year
2023
2022
£
£
Amounts due to group undertakings and undertakings in which the company has a participating interest
203,155
203,155
5
Called up share capital
2023
2022
£
£
Issued and fully paid
1 Ordinary Share of £1 each
1
1
1 'Golden' Share of £1 each
1
1
2
2
Ordinary shares carry full voting rights and fully participate in dividends.
Golden shares only carry the right to vote in relation to voluntary liquidation and membership of Fletcher Priest Urban Design LLP.
6
Related party transactions
Included in debtors is an amount of £203,157 (2022: £203,157) due from Fletcher Priest Urban Design LLP.
Included in creditors is an amount of £203,155 (2022: £203,155) due to Fletcher Priest Architects LLP.
All of the above entities are under common control and are incorporated in England and Wales.
7
Parent company
The parent undertaking is FPHL Limited, a company registered in England and Wales. The ultimate controlling party is K Priest.