Company Registration No. 05644521 (England and Wales)
URBAN EVOLUTION LTD
Unaudited accounts
for the year ended 31 December 2023
URBAN EVOLUTION LTD
Unaudited accounts
Contents
URBAN EVOLUTION LTD
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
654
18,731
Creditors: amounts falling due within one year
(52,995)
(109,573)
Net current liabilities
(28,014)
(6,507)
Total assets less current liabilities
(27,914)
(6,385)
Creditors: amounts falling due after more than one year
-
(20,000)
Net liabilities
(27,914)
(26,385)
Called up share capital
1,000
1,000
Profit and loss account
(28,914)
(27,385)
Shareholders' funds
(27,914)
(26,385)
For the year ending 31 December 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 21 September 2024 and were signed on its behalf by
Reade, Paul Andrew
Director
Company Registration No. 05644521
URBAN EVOLUTION LTD
Notes to the Accounts
for the year ended 31 December 2023
URBAN EVOLUTION LTD is a private company, limited by shares, registered in England and Wales, registration number 05644521. The registered office is HENDAL HOUSE URLAY NOOK ROAD, EAGLESCLIFFE, STOCKTON-ON-TEES, TS16 0LZ, 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:
Computer equipment
33% Straight Line
4
Tangible fixed assets
Computer equipment
5
Investments
Subsidiary undertakings
Valuation at 1 January 2023
100
Valuation at 31 December 2023
100
URBAN EVOLUTION LTD
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Amounts due from group undertakings etc.
22,827
82,835
Accrued income and prepayments
1,500
1,500
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
367
459
Loans from directors
51,188
8,250
8
Creditors: amounts falling due after more than one year
2023
2022
9
Transactions with related parties
Key management personnel of the entity (in the aggregate)
Amount due to related party
2023- £51,188
2022- £8,250
No interest is charged on the above loan.
10
Average number of employees
During the year the average number of employees was 1 (2022: 2).