Urban Matrix Project One Limited 09165263 true 2022-07-01 2023-06-30 2023-06-30 The principal activity of the company is investment. Digita Accounts Production Advanced 6.30.9574.0 true false true true true 09165263 2022-07-01 2023-06-30 09165263 2023-06-30 09165263 bus:OrdinaryShareClass1 2023-06-30 09165263 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 09165263 core:AllSubsidiaries 2023-06-30 09165263 bus:SmallEntities 2022-07-01 2023-06-30 09165263 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 09165263 bus:FilletedAccounts 2022-07-01 2023-06-30 09165263 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 09165263 bus:RegisteredOffice 2022-07-01 2023-06-30 09165263 bus:Director1 2022-07-01 2023-06-30 09165263 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 09165263 bus:EntityHasNeverTraded 2022-07-01 2023-06-30 09165263 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 09165263 core:AllSubsidiaries 2022-07-01 2023-06-30 09165263 core:Subsidiary1 2022-07-01 2023-06-30 09165263 core:Subsidiary1 1 2022-07-01 2023-06-30 09165263 core:Subsidiary1 countries:AllCountries 2022-07-01 2023-06-30 09165263 countries:England 2022-07-01 2023-06-30 09165263 2022-06-30 09165263 core:CostValuation 2022-06-30 09165263 core:AllSubsidiaries 2022-06-30 09165263 2021-07-01 2022-06-30 09165263 2022-06-30 09165263 bus:OrdinaryShareClass1 2022-06-30 09165263 core:CurrentFinancialInstruments core:WithinOneYear 2022-06-30 09165263 core:AllSubsidiaries 2022-06-30 09165263 core:Subsidiary1 1 2021-07-01 2022-06-30 09165263 2021-06-30 09165263 core:AllSubsidiaries 2021-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 09165263

Urban Matrix Project One Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 June 2023

 

Urban Matrix Project One Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Urban Matrix Project One Limited

Company Information

Director

S J Foster

Registered office

53a High Street
Esher
Surrey
KT10 9RQ

Accountants

Carbon Accountancy Limited
Chartered Accountants
80-83 Long Lane
London
EC1A 9ET

 

Urban Matrix Project One Limited

(Registration number: 09165263)
Balance Sheet as at 30 June 2023

Note

2023
£

2022
£

Fixed assets

 

Investments

4

888,437

888,437

Creditors: Amounts falling due within one year

5

(887,437)

(887,437)

Net assets

 

1,000

1,000

Capital and reserves

 

Called up share capital

6

1,000

1,000

Shareholders' funds

 

1,000

1,000

For the financial year ending 30 June 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 28 March 2025
 

.........................................
S J Foster
Director

 

Urban Matrix Project One Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
53a High Street
Esher
Surrey
KT10 9RQ

These financial statements were authorised for issue by the director on 28 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Exemption from preparing group accounts

The company has taken advantage of the exemption in section 398 of the Companies Act 2006 from the requirement to prepare consolidated financial statements, on the grounds that it is a small sized group.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

 

Urban Matrix Project One Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

2

Accounting policies (continued)

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2022 - 0).

4

Investments

2023
£

2022
£

Investments in subsidiaries

888,437

888,437

Subsidiaries

£

Cost or valuation

At 1 July 2022

888,437

Provision

Carrying amount

At 30 June 2023

888,437

At 30 June 2022

888,437

 

Urban Matrix Project One Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

4

Investments (continued)

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

2023

2022

Subsidiary undertakings

69 The Green Limited

53a High Street
Esher, Surrey
KT10 9LN

England

Ordinary £1 shares

100%

100%

Subsidiary undertakings

69 The Green Limited

The principal activity of 69 The Green Limited is property development..

 

Urban Matrix Project One Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

5

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Amounts owed to group undertakings and undertakings in which the company has a participating interest

7

887,437

887,437

6

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary shares of £1 each

1,000

1,000

1,000

1,000

       

7

Related party transactions

Loans from related parties

2023

Subsidiary
£

Total
£

At start of period

888,437

888,437

At end of period

888,437

888,437

2022

Subsidiary
£

Total
£

At start of period

888,437

888,437

At end of period

888,437

888,437

Terms of loans from related parties

Loans from subsidiary undertakings are interest free and repayable on demand.