URBAN AND RURAL EPROPERTY GROUP LTD 10912110 true 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is real estate agencies Digita Accounts Production Advanced 6.30.9574.0 true Mr Craig Martin Reynolds Mr Mark O'Shea false 10912110 2023-09-01 2024-08-31 10912110 2024-08-31 10912110 bus:OrdinaryShareClass1 2024-08-31 10912110 bus:OrdinaryShareClass2 2024-08-31 10912110 core:RetainedEarningsAccumulatedLosses 2024-08-31 10912110 core:ShareCapital 2024-08-31 10912110 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 10912110 bus:FRS102 2023-09-01 2024-08-31 10912110 bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 10912110 bus:FullAccounts 2023-09-01 2024-08-31 10912110 bus:RegisteredOffice 2023-09-01 2024-08-31 10912110 bus:Director1 2023-09-01 2024-08-31 10912110 bus:Director2 2023-09-01 2024-08-31 10912110 bus:OrdinaryShareClass1 2023-09-01 2024-08-31 10912110 bus:OrdinaryShareClass2 2023-09-01 2024-08-31 10912110 bus:EntityNoLongerTradingButTradedInPast 2023-09-01 2024-08-31 10912110 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 10912110 core:FurnitureFittings 2023-09-01 2024-08-31 10912110 core:OfficeEquipment 2023-09-01 2024-08-31 10912110 countries:UnitedKingdom 2023-09-01 2024-08-31 10912110 2022-09-01 2023-08-31 10912110 2023-08-31 10912110 bus:OrdinaryShareClass1 2023-08-31 10912110 bus:OrdinaryShareClass2 2023-08-31 10912110 core:RetainedEarningsAccumulatedLosses 2023-08-31 10912110 core:ShareCapital 2023-08-31 10912110 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 10912110

URBAN AND RURAL EPROPERTY GROUP LTD

Unaudited Filleted Financial Statements

for the Year Ended 31 August 2024

 

URBAN AND RURAL EPROPERTY GROUP LTD

(Registration number: 10912110)
Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Creditors: Amounts falling due within one year

5

(292)

(293)

Capital and reserves

 

Called up share capital

6

24

24

Retained earnings

(316)

(317)

Shareholders' deficit

 

(292)

(293)

For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 17 January 2025 and signed on its behalf by:
 

.........................................
Mr Craig Martin Reynolds
Director

.........................................
Mr Mark O'Shea
Director

 

URBAN AND RURAL EPROPERTY GROUP LTD

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
C/O Hillier Hopkins LLP
249 Silbury Boulevard
Milton Keynes
Bucks
MK9 1NA
United Kingdom

These financial statements were authorised for issue by the Board on 17 January 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The Comapny ceased trading on 1st September 2022

Depreciation

Asset class

Depreciation method and rate

Furniture and fittings

25% straight line

Office equipment

25% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

URBAN AND RURAL EPROPERTY GROUP LTD

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Debtors

2024
£

2023
£

-

-

4

Cash and cash equivalents

2024
£

2023
£

5

Creditors

Note

2024
£

2023
£

Due within one year

 

Amounts due to related parties

292

-

Other payables

 

-

1

Income tax liability

-

292

 

292

293

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary share class 1 of £1 each

12

12

12

12

Ordinary share class 2 of £1 each

12

12

12

12

24

24

24

24

New shares allotted

During the year - NewRow_0 having an aggregate nominal value of £Nil were allotted for an aggregate consideration of .

7

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).