| Registered number: 04215741 | ||||||||
| FOR THE YEAR ENDED 31/12/2024 | ||||||||
| Urban Edge New York Street Ltd | ||||||||
| COMPANY ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31/12/2024 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| COMPANY DETAILS | ||||||||
| registered in , registered number 04215741 | ||||||||
| Urban Edge New York Street Ltd | ||||||||
| COMPANY ACCOUNTS | ||||||||
| FOR THEYEARENDED31/12/2024 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| Urban Edge New York Street Ltd | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2024 | 2023 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | ||||||||||
| CURRENT ASSETS | ||||||||||
| CREDITORS: Amounts falling due within one year | ||||||||||
| NET CURRENT LIABILITIES | ( | (830) | ||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| CREDITORS: Amounts falling due after more than one year | 4 | 9,721,005 | 9,582,914 | |||||||
| PROVISIONS FOR LIABILITIES AND CHARGES | 5 | |||||||||
| NET LIABILITIES | ( | ( | ||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 6 | |||||||||
| Non-distributable reserve | 1c,7 | 60,000 | 2,088,000 | |||||||
| Profit and loss account | (3,613,343) | (3,771,745) | ||||||||
| SHAREHOLDERS' FUNDS | ( | ( | ||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| Urban Edge New York Street Ltd | ||||||||
| 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 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Investment Properties | ||||||||
| Investment properties are included in the financial statements at a fair value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view. | ||||||||
| 1c. 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 note7). | ||||||||
| Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account. | ||||||||
| 2. EMPLOYEES | ||||||
| 2024 | 2023 | |||||
| No. | No. | |||||
| Average number of employees | - | |||||
| 3. INVESTMENT PROPERTIES | ||||
| Investment | ||||
| Properties | Total | |||
| £ | £ | |||
| Fair value | ||||
| At 01/01/2024 | 8,228,000 | 8,228,000 | ||
| Fair Value Adjustment | (2,028,000) | (2,028,000) | ||
| At 31/12/2024 | 6,200,000 | 6,200,000 | ||
| Urban Edge New York Street Ltd | ||||||||
| 4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
| 2024 | 2023 | |||||||
| £ | £ | |||||||
| Due to group companies >1yr | 9,721,005 | 9,582,914 | ||||||
| 9,721,005 | 9,582,914 | |||||||
| 5. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Other provisions- Cladding remediation works at Ice Works, Cross York Street, Leeds | - | 328,000 | ||||||
| - | 328,000 | |||||||
| 6. SHARE CAPITAL | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 1 | 1 | |||||||
| 1 | 1 | |||||||
| 7. REVALUATION RESERVE | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Non-distributable reserve | 60,000 | 2,088,000 | ||||||
| 60,000 | 2,088,000 | |||||||