Acorah Software Products - Accounts Production 14.5.601 false true true 31 January 2023 1 February 2022 false 1 February 2023 30 November 2023 30 November 2023 10296073 Miss Julie Copsey Ms Sharon Waring iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10296073 2023-01-31 10296073 2023-11-30 10296073 2023-02-01 2023-11-30 10296073 frs-core:CurrentFinancialInstruments 2023-11-30 10296073 frs-core:Non-currentFinancialInstruments 2023-11-30 10296073 frs-core:ComputerEquipment 2023-11-30 10296073 frs-core:ComputerEquipment 2023-02-01 2023-11-30 10296073 frs-core:ComputerEquipment 2023-01-31 10296073 frs-core:FurnitureFittings 2023-11-30 10296073 frs-core:FurnitureFittings 2023-02-01 2023-11-30 10296073 frs-core:FurnitureFittings 2023-01-31 10296073 frs-core:InvestmentPropertyIncludedWithinPPE 2023-11-30 10296073 frs-core:InvestmentPropertyIncludedWithinPPE 2023-02-01 2023-11-30 10296073 frs-core:InvestmentPropertyIncludedWithinPPE 2023-01-31 10296073 frs-core:RevaluationReserve 2023-11-30 10296073 frs-core:ShareCapital 2023-11-30 10296073 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 10296073 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2023-11-30 10296073 frs-bus:FilletedAccounts 2023-02-01 2023-11-30 10296073 frs-bus:SmallEntities 2023-02-01 2023-11-30 10296073 frs-bus:AuditExemptWithAccountantsReport 2023-02-01 2023-11-30 10296073 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2023-11-30 10296073 frs-bus:Director1 2023-02-01 2023-11-30 10296073 frs-bus:Director2 2023-02-01 2023-11-30 10296073 frs-countries:EnglandWales 2023-02-01 2023-11-30 10296073 2022-01-31 10296073 2023-01-31 10296073 2022-02-01 2023-01-31 10296073 frs-core:CurrentFinancialInstruments 2023-01-31 10296073 frs-core:Non-currentFinancialInstruments 2023-01-31 10296073 frs-core:RevaluationReserve 2023-01-31 10296073 frs-core:ShareCapital 2023-01-31 10296073 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 10296073
Urban Co-Living Investments Ltd
Unaudited Financial Statements
For the Period 1 February 2023 to 30 November 2023
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Unaudited Financial Statements
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Urban Co-Living Investments Ltd For the Period 1 February 2023 to 30 November 2023
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Urban Co-Living Investments Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Urban Co-Living Investments Ltd , as a body, in accordance with the terms of our engagement letter dated 05/11/2019. Our work has been undertaken solely to prepare for your approval the accounts of Urban Co-Living Investments Ltd and state those matters that we have agreed to state to the directors of Urban Co-Living Investments Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Urban Co-Living Investments Ltd and its directors as a body for our work or for this report.
It is your duty to ensure that Urban Co-Living Investments Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Urban Co-Living Investments Ltd . You consider that Urban Co-Living Investments Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Urban Co-Living Investments Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
5th April 2024
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Page 1
Page 2
Balance Sheet
Registered number: 10296073
30 November 2023 31 January 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 380,434
- 380,434
CURRENT ASSETS
Debtors 5 - 11,800
Cash at bank and in hand 25,984 2,678
25,984 14,478
Creditors: Amounts Falling Due Within One Year 6 (83,446 ) (67,240 )
NET CURRENT ASSETS (LIABILITIES) (57,462 ) (52,762 )
TOTAL ASSETS LESS CURRENT LIABILITIES (57,462 ) 327,672
Creditors: Amounts Falling Due After More Than One Year 7 - (354,798 )
NET LIABILITIES (57,462 ) (27,126 )
CAPITAL AND RESERVES
Called up share capital 8 2,001 2,001
Revaluation reserve - non-distributable - 109,350
Profit and Loss Account (59,463 ) (138,477 )
SHAREHOLDERS' FUNDS (57,462) (27,126)
Page 2
Page 3
For the period ending 30 November 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms Sharon Waring
Director
5th April 2024
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Urban Co-Living Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10296073 . The registered office is Unit 3, Building 2, The Colony Wilmslow , Altrincham Road, Wilmslow, Cheshire, SK9 4LY.

The prinicipal trading address of the business is 1 Market Hill, Calne, Wiltshire, England, SN11 0BT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors believe that the going concern basis is not appropriate as the company has no realistic alternative but to cease trading.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 20% SLM
Computer Equipment 33% SLM
2.5. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Page 4
Page 5
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2 (2023: 2)
2 2
4. Tangible Assets
Investment Properties Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost or Valuation
As at 1 February 2023 380,000 172 1,785 381,957
Disposals (258,150 ) (172 ) (1,785 ) (260,107 )
Revaluation (121,850) - - (121,850 )
Depreciation
As at 1 February 2023 - 172 1,351 1,523
Disposals - (172 ) (1,351 ) (1,523 )
As at 30 November 2023 - - - -
Net Book Value
As at 30 November 2023 - - - -
As at 1 February 2023 380,000 - 434 380,434
5. Debtors
30 November 2023 31 January 2023
£ £
Due within one year
Other debtors - 11,800
- 11,800
6. Creditors: Amounts Falling Due Within One Year
30 November 2023 31 January 2023
£ £
Other creditors 79,991 65,038
Taxation and social security 3,455 2,202
83,446 67,240
7. Creditors: Amounts Falling Due After More Than One Year
30 November 2023 31 January 2023
£ £
Bank loans - 249,356
Other creditors - 105,442
- 354,798
Page 5
Page 6
8. Share Capital
30 November 2023 31 January 2023
£ £
Allotted, Called up and fully paid 2,001 2,001
Page 6