Company Registration No. 12804494 (England and Wales)
URBAN RENTAL PROPERTIES LTD
Unaudited accounts
for the year ended 31 August 2024
URBAN RENTAL PROPERTIES LTD
Unaudited accounts
Contents
URBAN RENTAL PROPERTIES LTD
Company Information
for the year ended 31 August 2024
Directors
David William Holliday
Verity Holliday
Company Number
12804494 (England and Wales)
Registered Office
11 Holbrook Commerce Park
11 Holbrook Close
Sheffield
S20 3FJ
United Kingdom
Accountants
Hammond & Co
36 Chesterfield Road
Market Street
Staveley
Derbyshire
S43 3UT
URBAN RENTAL PROPERTIES LTD
Statement of financial position
as at 31 August 2024
Tangible assets
150,514
76,202
Investment property
486,655
110,980
Cash at bank and in hand
44,088
78,173
Creditors: amounts falling due within one year
(266,523)
(91,121)
Net current liabilities
(223,861)
(2,361)
Total assets less current liabilities
413,308
184,821
Creditors: amounts falling due after more than one year
-
(7,150)
Provisions for liabilities
Deferred tax
(15,547)
(14,480)
Net assets
397,761
163,191
Called up share capital
50
50
Profit and loss account
397,711
163,141
Shareholders' funds
397,761
163,191
For the year ending 31 August 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 February 2025 and were signed on its behalf by
David William Holliday
Director
Company Registration No. 12804494
URBAN RENTAL PROPERTIES LTD
Notes to the Accounts
for the year ended 31 August 2024
URBAN RENTAL PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 12804494. The registered office is 11 Holbrook Commerce Park, 11 Holbrook Close, Sheffield, S20 3FJ, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Motor vehicles
20% Reducing Balance
4
Tangible fixed assets
Motor vehicles
At 1 September 2023
79,515
Charge for the year
35,903
Fair value at 1 September 2023
110,980
URBAN RENTAL PROPERTIES LTD
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
(40,614)
9,386
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
94,022
37,636
Taxes and social security
170,475
26,640
Loans from directors
2,026
2,300
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).