REGISTERED NUMBER: 12169199 (England and Wales)

URBAN CENTRIC (DM) LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D H Loosemore

Mr A J Woods

REGISTERED OFFICE:

35 Southernhay East

Exeter

EX1 1NX

REGISTERED NUMBER:

12169199 (England and Wales)

ACCOUNTANTS:

Carston ETL

Tudor House

16 Cathedral Road

Cardiff

CF11 9LJ

FIXED ASSETS

Tangible assets

4

9,165

27,496

Investments

5

-

20

9,165

27,516

CURRENT ASSETS

Debtors

6

3,131,530

3,121,791

Cash at bank

11,869

3,332

3,143,399

3,125,123

CREDITORS

Amounts falling due within one year

7

279,750

320,530

NET CURRENT ASSETS

2,863,649

2,804,593

TOTAL ASSETS LESS CURRENT LIABILITIES

2,872,814

2,832,109

CREDITORS

Amounts falling due after more than one year

8

2,828,860

2,763,072

NET ASSETS

43,954

69,037

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

43,854

68,937

SHAREHOLDERS' FUNDS

43,954

69,037

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25th September 2025 and were signed on its behalf by:

Mr A J Woods - Director

1.	STATUTORY INFORMATION

Urban Centric (DM) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

20% straight line on cost

Investments in associates

Investments in associate undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 1 ).

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1st April 2024

and 31st March 2025

49,992

DEPRECIATION

At 1st April 2024

22,496

Charge for year

18,331

At 31st March 2025

40,827

NET BOOK VALUE

At 31st March 2025

9,165

At 31st March 2024

27,496

5.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1st April 2024

20

Disposals

(20

)

At 31st March 2025

-

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

20

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7,616

145,899

Other debtors

3,123,914

2,975,892

3,131,530

3,121,791

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,000

5,000

Hire purchase contracts

11,396

11,396

Trade creditors

4,060

30,750

Taxation and social security

(2,251

)

21,539

Other creditors

261,545

251,845

279,750

320,530

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

25,417

30,417

Hire purchase contracts

5,677

14,863

Other creditors

2,797,766

2,717,792

2,828,860

2,763,072

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.	RELATED PARTY DISCLOSURES

As at the year end Urban Centric (DM) Limited was owed £3,072,107 (2024 - £2,925,792) by companies in which the directors have a controlling interest.

As at the year end Urban Centric (DM) Limited owed £260,025 (2024 - £150,000) to companies in which the directors have a controlling interest.

During the year Urban Centric (DM) Limited invoiced £0 (2024 - £45,000) to companies in which the directors have a controlling interest.