URBANBETTER

Registered Number
14985973
(England and Wales)

Unaudited Financial Statements for the Period ended
31 July 2024

URBANBETTER

Company Information
for the period from 6 July 2023 to 31 July 2024


Director	ONI, Tolulope, Dr


Company Secretary	ONI, Tolulope, Dr


Registered Address	124 City Road
	London
	EC1V 2NX


Registered Number	14985973 (England and Wales)

URBANBETTER

Balance Sheet as at
31 July 2024

	Notes	2024
		£	£
Current assets
Debtors		70
Cash at bank and on hand		52,000
		52,070
Creditors amounts falling due within one year	3	(52,070)
Capital and reserves

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 25 March 2025, and are signed on its behalf by:

ONI, Tolulope, Dr
Director
Registered Company No. 14985973

URBANBETTER

Notes to the Financial Statements
for the period ended 31 July 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by guarantee and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

2.	Average number of employees


		2024
	Average number of employees during the year	0

3.	Creditors: amounts due within one year

		2024
		£
	Trade creditors / trade payables	52,070
	Total	52,070