Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2023-06-0100truetruefalse 06597045 2023-06-01 2024-05-31 06597045 2022-06-01 2023-05-31 06597045 2024-05-31 06597045 2023-05-31 06597045 c:Director1 2023-06-01 2024-05-31 06597045 c:Director3 2023-06-01 2024-05-31 06597045 c:Director4 2023-06-01 2024-05-31 06597045 c:Director5 2023-06-01 2024-05-31 06597045 d:Buildings 2023-06-01 2024-05-31 06597045 d:Buildings 2024-05-31 06597045 d:Buildings 2023-05-31 06597045 d:CurrentFinancialInstruments 2024-05-31 06597045 d:CurrentFinancialInstruments 2023-05-31 06597045 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 06597045 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 06597045 d:ShareCapital 2024-05-31 06597045 d:ShareCapital 2023-05-31 06597045 d:RevaluationReserve 2023-06-01 2024-05-31 06597045 d:RevaluationReserve 2024-05-31 06597045 d:RevaluationReserve 2023-05-31 06597045 d:RetainedEarningsAccumulatedLosses 2023-06-01 2024-05-31 06597045 d:RetainedEarningsAccumulatedLosses 2024-05-31 06597045 d:RetainedEarningsAccumulatedLosses 2023-05-31 06597045 d:FurtherSpecificTypeProvisionContingentLiability2ComponentTotalProvisionsContingentLiabilities 2023-06-01 2024-05-31 06597045 d:FurtherSpecificTypeProvisionContingentLiability2ComponentTotalProvisionsContingentLiabilities 2024-05-31 06597045 c:FRS102 2023-06-01 2024-05-31 06597045 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 06597045 c:FullAccounts 2023-06-01 2024-05-31 06597045 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 06597045 2 2023-06-01 2024-05-31 06597045 5 2023-06-01 2024-05-31 06597045 6 2023-06-01 2024-05-31 06597045 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 06597045









URBANSCALE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
URBANSCALE LIMITED
REGISTERED NUMBER: 06597045

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,455,186
1,455,186

Investments
 5 
200
200

  
1,455,386
1,455,386

Current assets
  

Debtors: amounts falling due within one year
 6 
262,917
259,287

Cash at bank and in hand
 7 
145,852
149,602

  
408,769
408,889

Creditors: amounts falling due within one year
 8 
(88,597)
(20,824)

Net current assets
  
 
 
320,172
 
 
388,065

Total assets less current liabilities
  
1,775,558
1,843,451

Provisions for liabilities
  

Other provisions
  
(40,000)
-

  
 
 
(40,000)
 
 
-

Net assets
  
1,735,558
1,843,451

Page 1

 
URBANSCALE LIMITED
REGISTERED NUMBER: 06597045
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024

2024
2023
Note
£
£

Capital and reserves
  

Called up share capital 
  
100
100

Revaluation reserve
 10 
181,042
181,042

Profit and loss account
 10 
1,554,416
1,662,309

  
1,735,558
1,843,451


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 January 2025.




M McBain
J McBain
Director
Director



S McBain
Director



P McBain
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
URBANSCALE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Urbanscale Ltd
Company registration 06597045 incorporated in England and Wales
Registered office address;
White Horse Business Park
Stanford-in-the-Vale
Faringdon
Oxfordshire
SN7 8NY
Letting and operating of own leased real estate.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
URBANSCALE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
No depreciation

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 4

 
URBANSCALE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees




The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).

The average monthly number of employees, including directors, during the year was 0 (2023 - 0).

Page 5

 
URBANSCALE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

4.


Tangible fixed assets





Freehold property

£



Cost or valuation


At 1 June 2023
1,455,186



At 31 May 2024

1,455,186






Net book value



At 31 May 2024
1,455,186



At 31 May 2023
1,455,186


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 June 2023
200



At 31 May 2024
200




Page 6

 
URBANSCALE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

6.


Debtors

2024
2023
£
£


Trade debtors
2,150
-

Amounts owed by group undertakings
259,287
259,287

Other debtors
397
-

Prepayments and accrued income
1,083
-

262,917
259,287



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
145,852
149,602

145,852
149,602



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
68,996
-

Corporation tax
-
7,428

Other taxation and social security
-
2,643

Other creditors
10,753
10,753

Accruals and deferred income
8,848
-

88,597
20,824



9.


Provisions





2024

£





Charged to profit or loss
40,000



At 31 May 2024
40,000

Page 7

 
URBANSCALE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

10.


Reserves

Revaluation reserve

Represents the surplus arising on revaluation of Freehold Property over historic cost. 

Profit and loss account

Represents all current and prior period retained profits and losses.


11.


Related party transactions

At the balance sheet date, the company was owed £171,133 (2023: £171,133) by its subsidiary, R&D McBain (Contractors) Limited. 
At the balance sheet date, the company was owed £88,153 (2023: £88,153) by its subsidiary, Urbanscale Container Storage Limited.


12.


Controlling party

The company is controlled by the Directors by virtue of their shareholding.

 
Page 8