Acorah Software Products - Accounts Production 16.1.300 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 10722940 Mr Luke Osborne Mr Thomas Pratt iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10722940 2023-09-30 10722940 2024-09-30 10722940 2023-10-01 2024-09-30 10722940 frs-core:CurrentFinancialInstruments 2024-09-30 10722940 frs-core:ComputerEquipment 2024-09-30 10722940 frs-core:ComputerEquipment 2023-10-01 2024-09-30 10722940 frs-core:ComputerEquipment 2023-09-30 10722940 frs-core:FurnitureFittings 2024-09-30 10722940 frs-core:FurnitureFittings 2023-10-01 2024-09-30 10722940 frs-core:FurnitureFittings 2023-09-30 10722940 frs-core:MotorVehicles 2024-09-30 10722940 frs-core:MotorVehicles 2023-10-01 2024-09-30 10722940 frs-core:MotorVehicles 2023-09-30 10722940 frs-core:ShareCapital 2024-09-30 10722940 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 10722940 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10722940 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 10722940 frs-bus:SmallEntities 2023-10-01 2024-09-30 10722940 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 10722940 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 10722940 frs-bus:Director1 2023-10-01 2024-09-30 10722940 frs-bus:Director2 2023-10-01 2024-09-30 10722940 frs-core:CurrentFinancialInstruments 1 2024-09-30 10722940 frs-countries:EnglandWales 2023-10-01 2024-09-30 10722940 2022-09-30 10722940 2023-09-30 10722940 2022-10-01 2023-09-30 10722940 frs-core:CurrentFinancialInstruments 2023-09-30 10722940 frs-core:ShareCapital 2023-09-30 10722940 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 10722940 frs-core:CurrentFinancialInstruments 1 2023-09-30
Registered number: 10722940
Urban & Provincial Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10722940
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 21,641 7,228
21,641 7,228
CURRENT ASSETS
Debtors 5 811,935 667,474
Cash at bank and in hand 19,320 80,165
831,255 747,639
Creditors: Amounts Falling Due Within One Year 6 (847,777 ) (758,913 )
NET CURRENT ASSETS (LIABILITIES) (16,522 ) (11,274 )
TOTAL ASSETS LESS CURRENT LIABILITIES 5,119 (4,046 )
NET ASSETS/(LIABILITIES) 5,119 (4,046 )
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Profit and Loss Account 4,119 (5,046 )
SHAREHOLDERS' FUNDS 5,119 (4,046)
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Page 2
For the year ending 30 September 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Luke Osborne
Director
19/02/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Urban & Provincial Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10722940 . The registered office is Thomas Glover House, 3 Weaver Walk , London, SE27 0AH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% straight line
Fixtures & Fittings 25% straight line
Computer Equipment 25% straight line
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
5 5
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4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 October 2023 62,986 23,516 28,545 115,047
Additions - 23,429 879 24,308
As at 30 September 2024 62,986 46,945 29,424 139,355
Depreciation
As at 1 October 2023 62,986 16,971 27,862 107,819
Provided during the period - 9,231 664 9,895
As at 30 September 2024 62,986 26,202 28,526 117,714
Net Book Value
As at 30 September 2024 - 20,743 898 21,641
As at 1 October 2023 - 6,545 683 7,228
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 532,538 390,000
Prepayments and accrued income 3,354 40,141
Other debtors 360 1,413
Intercompany 263,447 228,900
Deferred tax current asset 1,330 7,020
VAT 10,906 -
811,935 667,474
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 34,379 21,098
Corporation tax 404 6,009
Other taxes and social security 6,718 9,515
VAT - 3,059
Other creditors 761 1,017
Inter-company 798,665 713,665
Accruals and deferred income 6,000 3,700
Directors' loan accounts 850 850
847,777 758,913
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7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
8. Related Party Transactions
Included in the Other Debtors are the following amounts owed by each company, all of which are under the control of director Mr T Pratt & Mr L Osborne. No repayment terms have been set and no interest is to be charged.
- Urban & Provincial Estates Ltd - £600 (2023 - £600)
- Weaver Walk SE27 Ltd - £202,000 (2023 - £202,000)
- Laker Industrial BR3 Ltd - £250 (2023 - £250)
- Urban & Provincial 5 Ltd - £250 (2023 - £250)
Included in the Other Debtors is an amount of £25,800 (2023 - £25,800) owed by Southwark Metals Ltd, a company under the control of director Mr T Pratt. No repayment terms have been set and no interest is to be charged.
Included in the Other Debtors is an amount of £23,825 owed by Scrap Bays Ltd, a company under the control of director Mr L Osborne. No repayment terms have been set and no interest is to be charged.
Included in the Other Creditors are the following amounts owed to each company, all of which are under the control of director Mr T Pratt. No repayment terms have been set and no interest is to be charged.
- OKR Holdings Ltd - £798,665 (2023 - £713,665)
During the year the company has charged management charges to the following company, all of which are under the control of director Mr T Pratt & Mr L Osborne.
- Shakespeare Road SE24 Ltd - £150,000
- Churchfield Road BR3 Ltd - £205,000
- Weaver Walk SE27 Ltd - £75,000
- Laker Industrial BR3 Ltd - £40,000
- Milkwood Road SE24 Ltd - £60,000
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