IRIS Accounts Production v24.3.0.553 08059162 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh080591622023-05-31080591622024-05-31080591622023-06-012024-05-31080591622022-05-31080591622022-06-012023-05-31080591622023-05-3108059162ns15:EnglandWales2023-06-012024-05-3108059162ns14:PoundSterling2023-06-012024-05-3108059162ns10:Director12023-06-012024-05-3108059162ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3108059162ns10:SmallEntities2023-06-012024-05-3108059162ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3108059162ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3108059162ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3108059162ns10:FullAccounts2023-06-012024-05-3108059162ns5:CurrentFinancialInstruments2024-05-3108059162ns5:CurrentFinancialInstruments2023-05-3108059162ns5:ShareCapital2024-05-3108059162ns5:ShareCapital2023-05-3108059162ns5:RetainedEarningsAccumulatedLosses2024-05-3108059162ns5:RetainedEarningsAccumulatedLosses2023-05-3108059162ns10:RegisteredOffice2023-06-012024-05-3108059162ns5:PlantMachinery2023-06-012024-05-3108059162ns5:PlantMachinery2023-05-3108059162ns5:PlantMachinery2024-05-3108059162ns5:PlantMachinery2023-05-3108059162ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3108059162ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-3108059162ns5:WithinOneYear2024-05-3108059162ns5:WithinOneYear2023-05-3108059162ns5:BetweenOneFiveYears2024-05-3108059162ns5:BetweenOneFiveYears2023-05-3108059162ns5:AllPeriods2024-05-3108059162ns5:AllPeriods2023-05-31
REGISTERED NUMBER: 08059162 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 May 2024

for

Urban Imprint Limited

Urban Imprint Limited (Registered number: 08059162)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


Urban Imprint Limited (Registered number: 08059162)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 4,554 3,740

CURRENT ASSETS
Stocks 6,363 8,067
Debtors 5 12,842 9,171
Cash at bank 56,011 48,477
75,216 65,715
CREDITORS
Amounts falling due within one year 6 (51,336 ) (50,437 )
NET CURRENT ASSETS 23,880 15,278
TOTAL ASSETS LESS CURRENT LIABILITIES 28,434 19,018

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 28,334 18,918
28,434 19,018

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

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 9 October 2024 and were signed on its behalf by:





Mr R Phillips - Director


Urban Imprint Limited (Registered number: 08059162)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Urban Imprint Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08059162

Registered office: 16-18 Park Green
Macclesfield
Cheshire
SK11 7NA

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.

When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to finalisation of work completed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current 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 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

Urban Imprint Limited (Registered number: 08059162)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Equipment
£   
COST
At 1 June 2023 10,526
Additions 1,866
At 31 May 2024 12,392
DEPRECIATION
At 1 June 2023 6,786
Charge for year 1,052
At 31 May 2024 7,838
NET BOOK VALUE
At 31 May 2024 4,554
At 31 May 2023 3,740

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 12,842 9,171

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors - 432
Taxation and social security 21,092 17,084
Other creditors 30,244 32,921
51,336 50,437

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.5.24 31.5.23
£    £   
Within one year 6,000 6,000
Between one and five years 7,000 13,000
13,000 19,000