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REGISTERED NUMBER: 10177049 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

URBAN DEVELOPMENTS S.E. LIMITED

URBAN DEVELOPMENTS S.E. LIMITED (REGISTERED NUMBER: 10177049)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


URBAN DEVELOPMENTS S.E. LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: T G Cruttenden
D P Vale





REGISTERED OFFICE: 1 Swan Wood Park
Gun Hill
Horam
East Sussex
TN21 0LL





REGISTERED NUMBER: 10177049 (England and Wales)





ACCOUNTANTS: Aequitas Limited
1 Swan Wood Park
Gun Hill
Horam
East Sussex
TN21 0LL

URBAN DEVELOPMENTS S.E. LIMITED (REGISTERED NUMBER: 10177049)

BALANCE SHEET
31 MAY 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 41,953 27,588

CURRENT ASSETS
Debtors 5 51,147 40,220
Cash at bank 62,262 145,269
113,409 185,489
CREDITORS
Amounts falling due within one year 6 114,261 157,145
NET CURRENT (LIABILITIES)/ASSETS (852 ) 28,344
TOTAL ASSETS LESS CURRENT
LIABILITIES

41,101

55,932

CREDITORS
Amounts falling due after more than one
year

7

(27,778

)

(33,334

)

PROVISIONS FOR LIABILITIES (7,971 ) (6,897 )
NET ASSETS 5,352 15,701

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 5,250 15,599
SHAREHOLDERS' FUNDS 5,352 15,701

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

URBAN DEVELOPMENTS S.E. LIMITED (REGISTERED NUMBER: 10177049)

BALANCE SHEET - continued
31 MAY 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 February 2025 and were signed on its behalf by:




T G Cruttenden - Director



D P Vale - Director


URBAN DEVELOPMENTS S.E. LIMITED (REGISTERED NUMBER: 10177049)

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

1. STATUTORY INFORMATION

Urban Developments S.e. Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 4 ) .

URBAN DEVELOPMENTS S.E. LIMITED (REGISTERED NUMBER: 10177049)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 48,031
Additions 28,956
At 31 May 2024 76,987
DEPRECIATION
At 1 June 2023 20,443
Charge for year 14,591
At 31 May 2024 35,034
NET BOOK VALUE
At 31 May 2024 41,953
At 31 May 2023 27,588

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 22,589 33,408
Other debtors 28,558 6,812
51,147 40,220

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 5,556 5,556
Trade creditors 36,652 19,653
Taxation and social security 61,189 51,780
Other creditors 10,864 80,156
114,261 157,145

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans 27,778 33,334

URBAN DEVELOPMENTS S.E. LIMITED (REGISTERED NUMBER: 10177049)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2024 and 31 May 2023:

31.5.24 31.5.23
£    £   
T G Cruttenden
Balance outstanding at start of year - -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,989 -

D P Vale
Balance outstanding at start of year - -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,989 -