1 May 2023 false No description of principal activity Taxfiler 2024.6 06030438business:PrivateLimitedCompanyLtd2023-05-012024-04-30 060304382023-04-30 060304382023-05-012024-04-30 06030438business:AuditExemptWithAccountantsReport2023-05-012024-04-30 06030438business:FilletedAccounts2023-05-012024-04-30 060304382024-04-30 06030438business:Director12023-05-012024-04-30 06030438business:Director22023-05-012024-04-30 06030438business:CompanySecretary12023-05-012024-04-30 06030438business:RegisteredOffice2023-05-012024-04-30 060304382023-04-30 06030438core:WithinOneYear2024-04-30 06030438core:WithinOneYear2023-04-30 06030438core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 06030438core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 06030438core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 06030438core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 06030438core:PreviouslyStatedAmount2024-04-30 06030438core:PreviouslyStatedAmount2023-04-30 06030438business:SmallEntities2023-05-012024-04-30 06030438countries:EnglandWales2023-05-012024-04-30 06030438core:PlantMachinery2023-05-012024-04-30 06030438core:MotorVehicles2023-05-012024-04-30 06030438core:Goodwill2023-04-30 06030438core:Goodwill2023-05-012024-04-30 06030438core:Goodwill2024-04-30 06030438core:LandBuildings2023-04-30 06030438core:PlantMachinery2023-04-30 06030438core:LandBuildings2024-04-30 06030438core:PlantMachinery2024-04-30 060304382022-05-012023-04-30 iso4217:GBP xbrli:pure
Company Registration No. 06030438 (England and Wales)
Urban X-IT Limited Unaudited accounts for the year ended 30 April 2024
Urban X-IT Limited Unaudited accounts Contents
Page
- 2 -
Urban X-IT Limited Company Information for the year ended 30 April 2024
Directors
Tracy DAVIES Sean Ivan MILLER
Secretary
Tracy DAVIES
Company Number
06030438 (England and Wales)
Registered Office
34 Willow Way Woking Surrey GU22 0BW
Accountants
Cranleys Chartered Accountants Winton House Winton Square Basingstoke Hampshire RG21 8EN
- 3 -
Urban X-IT Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
121 
- 
Tangible assets
7,071 
7,071 
7,192 
7,071 
Current assets
Inventories
3,000 
1,275 
Debtors
10,000 
10,000 
Cash at bank and in hand
2,024 
- 
15,024 
11,275 
Creditors: amounts falling due within one year
(120,477)
(110,625)
Net current liabilities
(105,453)
(99,350)
Net liabilities
(98,261)
(92,279)
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
(98,461)
(92,479)
Shareholders' funds
(98,261)
(92,279)
For the year ending 30 April 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 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 28 January 2025 and were signed on its behalf by
Tracy DAVIES Director Company Registration No. 06030438
- 4 -
Urban X-IT Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Urban X-IT Limited is a private company, limited by shares, registered in England and Wales, registration number 06030438. The registered office is 34 Willow Way, Woking, Surrey, GU22 0BW.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2023
- 
Additions
121 
At 30 April 2024
121 
Amortisation
At 1 May 2023
- 
At 30 April 2024
- 
Net book value
At 30 April 2024
121 
- 5 -
Urban X-IT Limited Notes to the Accounts for the year ended 30 April 2024
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
334 
34,974 
35,308 
At 30 April 2024
334 
34,974 
35,308 
Depreciation
At 1 May 2023
- 
28,237 
28,237 
At 30 April 2024
- 
28,237 
28,237 
Net book value
At 30 April 2024
334 
6,737 
7,071 
At 30 April 2023
334 
6,737 
7,071 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
10,000 
10,000 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
2,146 
20,710 
Loans from directors
115,462 
88,325 
Accruals
2,869 
1,590 
120,477 
110,625 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -