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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
Page
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URBAN RENTAL PROPERTIES LTD Company Information for the year ended 31 August 2024
Directors
David William Holliday Verity Holliday
Secretary
David 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
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URBAN RENTAL PROPERTIES LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
150,514 
76,202 
Investment property
486,655 
110,980 
637,169 
187,182 
Current assets
Debtors
(1,426)
10,587 
Cash at bank and in hand
44,088 
78,173 
42,662 
88,760 
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 
Capital and reserves
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
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URBAN RENTAL PROPERTIES LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
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.
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.
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 
£ 
Cost or valuation
At cost 
At 1 September 2023
79,515 
Additions
110,215 
At 31 August 2024
189,730 
Depreciation
At 1 September 2023
3,313 
Charge for the year
35,903 
At 31 August 2024
39,216 
Net book value
At 31 August 2024
150,514 
At 31 August 2023
76,202 
5
Investment property
2024 
£ 
Fair value at 1 September 2023
110,980 
Additions
375,675 
At 31 August 2024
486,655 
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URBAN RENTAL PROPERTIES LTD Notes to the Accounts for the year ended 31 August 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
37,737 
- 
Trade debtors
(40,614)
9,386 
Other debtors
1,451 
1,201 
(1,426)
10,587 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
23,544 
Trade creditors
94,022 
37,636 
Taxes and social security
170,475 
26,640 
Loans from directors
2,026 
2,300 
Accruals
- 
1,001 
266,523 
91,121 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
- 
7,150 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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