2023-04-01 08937009 2024-03-31 08937009 2023-04-01 2024-03-31 08937009 2023-03-31 08937009 2022-04-01 2023-03-31 08937009 uk-core:WithinOneYear 2023-03-31 08937009 uk-core:WithinOneYear 2024-03-31 08937009 uk-core:ShareCapital 2024-03-31 08937009 uk-core:ShareCapital 2023-03-31 08937009 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 08937009 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 08937009 uk-bus:Director1 2023-04-01 2024-03-31 08937009 uk-core:CostValuation 2023-03-31 08937009 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2023-03-31 08937009 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2024-03-31 08937009 uk-core:CostValuation 2024-03-31 08937009 uk-core:Non-currentFinancialInstruments 2024-03-31 08937009 uk-core:Non-currentFinancialInstruments 2023-03-31 08937009 uk-core:WithinOneYear uk-core:Secured 2024-03-31 08937009 uk-core:WithinOneYear uk-core:Secured 2023-03-31 iso4217:GBP xbrli:pure 08937009 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 08937009 uk-bus:FRS102 2023-04-01 2024-03-31 08937009 uk-bus:FullAccounts 2023-04-01 2024-03-31 08937009 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
Urban Town Limited
Registered Number:08937009
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2024
Urban Town Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
08937009
As at 31 March 2024
Urban Town Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Financial assets
5,000
5,000
2
5,000
5,000
Current assets
Inventories
1,108,153
1,806,169
3
216,047
Cash and cash equivalents
50,189
1,856,358
1,324,200
Trade and other payables: amounts falling due within one
year
(903,638)
(1,185,704)
4
420,562
670,654
Net current assets
Total assets less current liabilities
675,654
425,562
675,654
Net assets
425,562
Capital and reserves
Called up share capital
100
100
Retained earnings
675,554
425,462
675,654
425,562
Shareholders' funds
For the year ended 31 March 2024 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
J Fagin Esq Director
These financial statements were approved and authorised for issue by the Board on 02 January 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2024
Urban Town Limited
Notes to the Financial Statements
Statutory Information
Urban Town Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 08937009.
Principal place of business:
57 Fairfax Road
London
NW6 4EL
WD7 7GW
Registered address:
1c Oundle Avenue
Bushey
Herts
WD23 4QG
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the sales value of properties sold in the period net of selling costs.
Inventories
Stocks of properties are valued at the lower of cost and net realisable value.
2. Investments held as fixed assets
Other investments
Total
At 01 April 2023
5,000
5,000
Cost
£
£
At 31 March 2024
5,000
5,000
At 31 March 2024
Net book value
5,000
5,000
At 01 April 2023
5,000
5,000
2 of 3
5
For the year ended 31 March 2024
Urban Town Limited
Notes to the Financial Statements Continued
3. Inventories
2023
2024
£
£
Stocks
1,806,169
1,108,153
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
110,553
50,000
Taxation and social security
83,357
4,837
Other creditors
991,794
848,801
1,185,704
903,638
5. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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