1 August 2023 false No description of principal activity Taxfiler 2024.6 08609442business:PrivateLimitedCompanyLtd2023-08-012024-07-31 086094422023-07-31 086094422023-08-012024-07-31 08609442business:AuditExemptWithAccountantsReport2023-08-012024-07-31 08609442business:FilletedAccounts2023-08-012024-07-31 086094422024-07-31 08609442business:Director12023-08-012024-07-31 08609442business:RegisteredOffice2023-08-012024-07-31 086094422023-07-31 08609442core:WithinOneYear2024-07-31 08609442core:WithinOneYear2023-07-31 08609442core:AfterOneYear2024-07-31 08609442core:AfterOneYear2023-07-31 08609442core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 08609442core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 08609442core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 08609442core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 08609442core:PreviouslyStatedAmount2024-07-31 08609442core:PreviouslyStatedAmount2023-07-31 08609442business:SmallEntities2023-08-012024-07-31 08609442countries:EnglandWales2023-08-012024-07-31 08609442core:PlantMachinery2023-08-012024-07-31 08609442core:MotorVehicles2023-08-012024-07-31 08609442core:FurnitureFittings2023-08-012024-07-31 08609442core:Goodwill2023-07-31 08609442core:Goodwill2024-07-31 08609442core:PlantMachinery2023-07-31 08609442core:MotorVehicles2023-07-31 08609442core:FurnitureFittings2023-07-31 08609442core:PlantMachinery2024-07-31 08609442core:MotorVehicles2024-07-31 08609442core:FurnitureFittings2024-07-31 08609442core:PlantMachinerycore:LeasedAssetsHeldAsLessee2024-07-31 08609442core:PlantMachinerycore:LeasedAssetsHeldAsLessee2023-07-31 08609442core:MotorVehiclescore:LeasedAssetsHeldAsLessee2024-07-31 08609442core:MotorVehiclescore:LeasedAssetsHeldAsLessee2023-07-31 08609442business:Director112023-08-012024-07-31 08609442business:Director112023-07-31 08609442business:Director112024-07-31 086094422022-08-012023-07-31 iso4217:GBP xbrli:pure
Company Registration No. 08609442 (England and Wales)
Urban Earth S. W. Ltd Unaudited accounts for the year ended 31 July 2024
Urban Earth S. W. Ltd Unaudited accounts Contents
Page
- 2 -
Urban Earth S. W. Ltd Company Information for the year ended 31 July 2024
Director
Philip Yolland
Company Number
08609442 (England and Wales)
Registered Office
Off 7A Unit 16 Dinan Way Trading Estate Concorde Road Exmouth EX8 4RS England
- 3 -
Urban Earth S. W. Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
203,656 
181,126 
Current assets
Inventories
60,000 
60,000 
Debtors
38,507 
54,135 
Cash at bank and in hand
64,123 
112,105 
162,630 
226,240 
Creditors: amounts falling due within one year
(258,450)
(196,145)
Net current (liabilities)/assets
(95,820)
30,095 
Total assets less current liabilities
107,836 
211,221 
Creditors: amounts falling due after more than one year
(93,699)
(101,007)
Provisions for liabilities
Deferred tax
(18,351)
(12,617)
Net (liabilities)/assets
(4,214)
97,597 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(4,314)
97,497 
Shareholders' funds
(4,214)
97,597 
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 22 April 2025 and were signed on its behalf by
Philip Yolland Director Company Registration No. 08609442
- 4 -
Urban Earth S. W. Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Urban Earth S. W. Ltd is a private company, limited by shares, registered in England and Wales, registration number 08609442. The registered office is Off 7A Unit 16 Dinan Way Trading Estate, Concorde Road, Exmouth, EX8 4RS, England.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover 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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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:
Plant & machinery
15% Reducing Balance Basis
Motor vehicles
25% Reducing Balance basis
Fixtures & fittings
20% Reducing Balance basis
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
- 5 -
Urban Earth S. W. Ltd Notes to the Accounts for the year ended 31 July 2024
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 August 2023
10,000 
At 31 July 2024
10,000 
Amortisation
At 1 August 2023
10,000 
At 31 July 2024
10,000 
Net book value
At 31 July 2024
- 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2023
165,343 
155,507 
13,046 
333,896 
Additions
798 
63,835 
578 
65,211 
At 31 July 2024
166,141 
219,342 
13,624 
399,107 
Depreciation
At 1 August 2023
63,255 
80,409 
9,106 
152,770 
Charge for the year
15,391 
26,387 
903 
42,681 
At 31 July 2024
78,646 
106,796 
10,009 
195,451 
Net book value
At 31 July 2024
87,495 
112,546 
3,615 
203,656 
At 31 July 2023
102,088 
75,098 
3,940 
181,126 
2024 
2023 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Plant & machinery
27,327 
32,149 
- Motor vehicles
100,670 
70,391 
- 6 -
Urban Earth S. W. Ltd Notes to the Accounts for the year ended 31 July 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
21,915 
43,026 
Accrued income and prepayments
11,445 
11,109 
Other debtors
5,147 
- 
38,507 
54,135 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
30,607 
36,425 
Obligations under finance leases and hire purchase contracts
52,306 
42,361 
Trade creditors
115,301 
82,553 
Taxes and social security
10,128 
9,735 
Other creditors
2,014 
2,112 
Loans from directors
- 
738 
Deferred income
38,094 
12,221 
258,450 
196,145 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
12,091 
22,091 
Obligations under finance leases and hire purchase contracts
81,608 
78,916 
93,699 
101,007 
9
Operating lease commitments
2024 
2023 
£ 
£ 
At 31 July 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
3,662 
- 
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Directors Loan Account
(738)
56,845 
51,094 
5,013 
(738)
56,845 
51,094 
5,013 
11
Average number of employees
During the year the average number of employees was 16 (2023: 17).
- 7 -