IRIS Accounts Production v24.1.0.578 05792402 Board of Directors 1.9.22 31.8.23 31.8.23 true false true false false true false Ordinary 1.00000 77822 21332 409059 481827 361517 425337 125364 77822 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh057924022022-08-31057924022023-08-31057924022022-09-012023-08-31057924022021-08-31057924022021-09-012022-08-31057924022022-08-3105792402ns15:EnglandWales2022-09-012023-08-3105792402ns14:PoundSterling2022-09-012023-08-3105792402ns10:Director12022-09-012023-08-3105792402ns10:PrivateLimitedCompanyLtd2022-09-012023-08-3105792402ns10:SmallEntities2022-09-012023-08-3105792402ns10:AuditExempt-NoAccountantsReport2022-09-012023-08-3105792402ns10:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3105792402ns10:SmallCompaniesRegimeForAccounts2022-09-012023-08-3105792402ns10:FullAccounts2022-09-012023-08-3105792402ns10:OrdinaryShareClass12022-09-012023-08-310579240242ns10:Director22022-08-310579240242ns10:Director22021-08-310579240242ns10:Director22022-09-012023-08-310579240242ns10:Director22021-09-012022-08-310579240242ns10:Director22023-08-310579240242ns10:Director22022-08-3105792402ns10:Director22022-09-012023-08-3105792402ns10:CompanySecretary12022-09-012023-08-3105792402ns10:RegisteredOffice2022-09-012023-08-3105792402ns5:CurrentFinancialInstruments2023-08-3105792402ns5:CurrentFinancialInstruments2022-08-3105792402ns5:Non-currentFinancialInstruments2023-08-3105792402ns5:Non-currentFinancialInstruments2022-08-3105792402ns5:ShareCapital2023-08-3105792402ns5:ShareCapital2022-08-3105792402ns5:RetainedEarningsAccumulatedLosses2023-08-3105792402ns5:RetainedEarningsAccumulatedLosses2022-08-3105792402ns5:CostValuation2022-08-3105792402ns5:AdditionsToInvestments2023-08-3105792402ns5:CostValuation2023-08-3105792402ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-3105792402ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-08-3105792402ns10:OrdinaryShareClass12023-08-31057924021ns10:Director12022-08-31057924021ns10:Director12021-08-31057924021ns10:Director12022-09-012023-08-31057924021ns10:Director12021-09-012022-08-31057924021ns10:Director12023-08-31057924021ns10:Director12022-08-31
REGISTERED NUMBER: 05792402 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

Urban Properties DC Limited

Urban Properties DC Limited (Registered number: 05792402)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Urban Properties DC Limited

Company Information
for the Year Ended 31 August 2023







DIRECTORS: D Spearing
C F Spearing





SECRETARY: C F Spearing





REGISTERED OFFICE: Berkeley House
Amery Street
Alton
Hampshire
GU34 1HN





REGISTERED NUMBER: 05792402 (England and Wales)





ACCOUNTANTS: Styles & Associates Limited
Berkeley House
Amery Street
Alton
Hampshire
GU34 1HN

Urban Properties DC Limited (Registered number: 05792402)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 516,747 516,202

CURRENT ASSETS
Debtors 5 435,181 322,245
Cash at bank 774 597
435,955 322,842
CREDITORS
Amounts falling due within one year 6 610,389 528,020
NET CURRENT LIABILITIES (174,434 ) (205,178 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

342,313

311,024

CREDITORS
Amounts falling due after more than one
year

7

23,333

28,333
NET ASSETS 318,980 282,691

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 318,880 282,591
SHAREHOLDERS' FUNDS 318,980 282,691

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 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.

Urban Properties DC Limited (Registered number: 05792402)

Balance Sheet - continued
31 August 2023


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 30 August 2024 and were signed on its behalf by:





C F Spearing - Director


Urban Properties DC Limited (Registered number: 05792402)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

Urban Properties DC 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.

The presentation currency of the financial statements is the Pound Sterling (£).


Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.

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.

Significant judgements and estimates
In preparing the financial statements in accordance with FRS 102, management is required to make judgements, estimates, and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income, and expenses. Actual results may differ from these estimates.

Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods.

Turnover
Turnover represents amounts receivable for services net of VAT and trade discounts.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Investments
Fixed asset investments are stated at cost less provision for diminution in value.

Urban Properties DC Limited (Registered number: 05792402)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

2. ACCOUNTING POLICIES - continued

Going concern
The company meets its day to day working capital requirements through group funding and support from the Directors.
The directors consider that it is appropriate to prepare the financial statements on a going concern basis as they expect the company to be able to continue to trade within the facilities made available.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - NIL ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 September 2022 516,202
Additions 545
At 31 August 2023 516,747
NET BOOK VALUE
At 31 August 2023 516,747
At 31 August 2022 516,202

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 11,645 -
Amounts owed by group undertakings 149,698 242,623
Other debtors 273,838 79,622
435,181 322,245

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 121 121
Amounts owed to group undertakings 351,532 360,334
Taxation and social security 167,793 157,565
Other creditors 80,943 -
610,389 528,020

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.23 31.8.22
£    £   
Bank loans 23,333 28,333

Urban Properties DC Limited (Registered number: 05792402)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.23 31.8.22
value: £    £   
100 Ordinary £1 100 100

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2023 and 31 August 2022:

31.8.23 31.8.22
£    £   
C F Spearing and D Spearing
Balance outstanding at start of year 77,822 21,332
Amounts advanced 409,059 481,827
Amounts repaid (361,517 ) (425,337 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 125,364 77,822

At the year end, the directors owed the company £125,365 (2022: £77,822)

10. ULTIMATE CONTROLLING PARTY

The company is jointly controlled by C F Spearing and D Spearing, directors and shareholders.