REGISTERED NUMBER: 14908290 (England and Wales)

URBAN CENTRIC DEVELOPMENT MANAGEMENT LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D C Ellis-Bees

Mr T M Larkin

Mr A J Woods

SECRETARY:

Mrs L Aust

REGISTERED OFFICE:

35 Southernhay East

Exeter

United Kingdom

EX1 1NX

REGISTERED NUMBER:

14908290 (England and Wales)

ACCOUNTANTS:

Carston ETL

Tudor House

16 Cathedral Road

Cardiff

CF11 9LJ

FIXED ASSETS

Intangible assets

4

2,774

-

Tangible assets

5

1,346

792

4,120

792

CURRENT ASSETS

Debtors

6

7,800

12,400

Cash at bank

10,622

5,203

18,422

17,603

CREDITORS

Amounts falling due within one year

7

69,369

45,232

NET CURRENT LIABILITIES

(50,947

)

(27,629

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(46,827

)

(26,837

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(46,927

)

(26,937

)

(46,827

)

(26,837

)

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 Development Management 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets

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

Computer equipment

-

25% straight line on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 3 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

Additions

3,699

At 31st March 2025

3,699

AMORTISATION

Amortisation for year

925

At 31st March 2025

925

NET BOOK VALUE

At 31st March 2025

2,774

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1st April 2024

1,056

Additions

1,091

At 31st March 2025

2,147

DEPRECIATION

At 1st April 2024

264

Charge for year

537

At 31st March 2025

801

NET BOOK VALUE

At 31st March 2025

1,346

At 31st March 2024

792

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,600

10,800

Other debtors

4,200

1,600

7,800

12,400

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

3,604

8,654

Taxation and social security

13,505

4,064

Other creditors

52,260

32,514

69,369

45,232

8.	RELATED PARTY DISCLOSURES

As at the year end Urban Centric Development Management Limited owed £32,091 (2024 - £27,750) to companies in which directors and shareholders have controlling and participating interests.

As at the year end Urban Centric Development Management Limited was owed £4,100 (2024 - £1,500) by companies in which directors and shareholders have controlling and participating interests.

During the year Urban Centric Development Management Limited invoiced £227,000 (2024 - £156,000) to companies in which directors and shareholders have controlling and participating interests.