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Registered number: 2795728

Urban Edge Group Limited

ACCOUNTS
FOR THE YEAR ENDED 31/12/2024


Urban Edge Group Limited

COMPANY ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
DIRECTORS
B Chesterfield
J Money
REGISTERED OFFICE
91 Paul Street
London
EC2A 4NY
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 2795728

Urban Edge Group Limited

COMPANY ACCOUNTS
FOR THEYEARENDED31/12/2024
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Urban Edge Group Limited

BALANCE SHEET AT 31/12/2024
20242023
Notes££
FIXED ASSETS
Tangible assets23,976,0007,065,000
Investment Assets374,2981,966,435
4,050,2989,031,435
CURRENT ASSETS
Debtors41,859,0295,552,540
Current Asset Investments51818
Cash at bank and in hand1,405,6191,204,665
3,264,6666,757,223
CREDITORS: Amounts falling due within one year6328,831345,294
NET CURRENT ASSETS2,935,8356,411,929
TOTAL ASSETS LESS CURRENT LIABILITIES6,986,13315,443,364
CREDITORS: Amounts falling due after more than one year75,187,8518,325,775
NET ASSETS1,798,2827,117,589
CAPITAL AND RESERVES
Called up share capital988
Revaluation reserve1e,102,599,2095,197,706
Profit and loss account(800,935)1,919,875
SHAREHOLDERS' FUNDS1,798,2827,117,589
For the year ending 31/12/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 06/08/2025 and signed on their behalf by
.............................
B Chesterfield
Director

Urban Edge Group Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Tangible assets are not depreciated
1c. Pension Costs
The company operates a defined contribution pension scheme NEST. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1d. Investments
Fixed asset investments are shown at cost less amounts written off.
1e. Revaluation Reserve
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note10).
1f. Turnover
Turnover represents income received from property and other investment activities
1g. Revenue Recognition
Revenue is measured at the fair value of the consideration received or receivable.

Urban Edge Group Limited

2. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachineryTotal
£££
Cost
At 01/01/20246,967,18897,8127,065,000
Disposals(1,690,000)-(1,690,000)
Revaluation(1,399,000)-(1,399,000)
At 31/12/20243,878,18897,8123,976,000
Depreciation
At 31/12/2024---
Net Book Amounts
At 31/12/20243,878,18897,8123,976,000
At 31/12/20236,967,18897,8127,065,000
3. FINANCIAL ASSETS
Other
InvestmentsTotal
££
Cost
At 01/01/20241,966,4351,966,435
Bad debt provision(1,892,137)(1,892,137)
At 31/12/202474,29874,298
Amortisation
Net Book Amounts
At 31/12/202474,29874,298
At 31/12/20231,966,4351,966,435

Urban Edge Group Limited

4. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors269,025327,150
Other tax70,66970,669
VAT5,304-
Other debtors491,540291,712
Directors current account210,500210,500
1,047,038900,031
Amounts falling due over more than one year
Intercompany balances362,3184,096,951
Related Companies449,673555,558
811,9914,652,509
1,859,0295,552,540
5. CURRENT ASSET INVESTMENTS
20242023
££
Shares in subsidiaries held for sale1818
1818
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax-17,781
PAYE control8,768-
Trade creditors318,490327,513
Pension schemes1,573-
328,831345,294

Urban Edge Group Limited

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr15,65325,775
Bank loans (secured) >1yr5,172,1988,300,000
5,187,8518,325,775
8. EMPLOYEES
20242023
No.No.
Average number of employees44
9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
8 Ordinary shares of £1 each88
88
10. REVALUATION RESERVE 20242023
££
Revaluation reserve2,599,2095,197,706
2,599,2095,197,706