Acorah Software Products - Accounts Production 16.5.460 false true false 8 August 2023 31 August 2024 31 August 2024 15057115 Mr Geoffrey Brown Mr Antony Jaques iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15057115 2023-08-07 15057115 2024-08-31 15057115 2023-08-08 2024-08-31 15057115 frs-core:CurrentFinancialInstruments 2024-08-31 15057115 frs-core:Non-currentFinancialInstruments 2024-08-31 15057115 frs-core:FurnitureFittings 2024-08-31 15057115 frs-core:FurnitureFittings 2023-08-08 2024-08-31 15057115 frs-core:FurnitureFittings 2023-08-07 15057115 frs-core:MotorVehicles 2023-08-08 2024-08-31 15057115 frs-core:PlantMachinery 2024-08-31 15057115 frs-core:PlantMachinery 2023-08-08 2024-08-31 15057115 frs-core:PlantMachinery 2023-08-07 15057115 frs-core:ShareCapital 2024-08-31 15057115 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 15057115 frs-bus:PrivateLimitedCompanyLtd 2023-08-08 2024-08-31 15057115 frs-bus:FilletedAccounts 2023-08-08 2024-08-31 15057115 frs-bus:SmallEntities 2023-08-08 2024-08-31 15057115 frs-bus:AuditExempt-NoAccountantsReport 2023-08-08 2024-08-31 15057115 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-08 2024-08-31 15057115 frs-bus:Director1 2023-08-08 2024-08-31 15057115 frs-bus:Director2 2023-08-08 2024-08-31 15057115 frs-countries:EnglandWales 2023-08-08 2024-08-31
Registered number: 15057115
Urban Powerboat Services Ltd
Unaudited Financial Statements
For the Period 8 August 2023 to 31 August 2024
Urban Powerboat Services Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
Urban Powerboat Services Ltd
Balance Sheet
As At 31 August 2024
Balance Sheet
Registered number: 15057115

| 31 August 2024
--- | ---
| Notes | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 1,205,750
|  |  | 1,205,750
CURRENT ASSETS
Stocks | 5 | 1,338,950 |
Debtors | 6 | 22,500 |
Cash at bank and in hand |  | 43,360 |
|  | 1,404,810 |
Creditors: Amounts Falling Due Within One Year | 7 | (895,015 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 509,795
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,715,545
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (1,715,185 )
NET ASSETS |  |  | 360
CAPITAL AND RESERVES
Called up share capital | 9 |  | 2
Profit and Loss Account |  |  | 358
SHAREHOLDERS' FUNDS |  |  | 360

Page 1
Page 2
Urban Powerboat Services Ltd
Balance Sheet (continued)
As At 31 August 2024
For the period ending 31 August 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 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr Geoffrey Brown Director
6 October 2025

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Urban Powerboat Services Ltd
Notes to the Financial Statements
For the Period 8 August 2023 to 31 August 2024
Notes to the Financial Statements
1. General Information
Urban Powerboat Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15057115 . The registered office is 6-10 Queensway , Stem Lane Industrial Estate, New Milton, Hampshire, BH25 5NN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery | 10% Per annum reducing balance basis
Motor Vehicles | 10% Per annum reducing balance basis
Fixtures & Fittings | 10% Per annum reducing balance basis

2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 3
3
4. Tangible Assets

| Plant & Machinery | Fixtures & Fittings | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 8 August 2023 | - | - | -
Additions | 1,070,000 | 197,750 | 1,267,750
As at 31 August 2024 | 1,070,000 | 197,750 | 1,267,750
Depreciation
As at 8 August 2023 | - | - | -
Provided during the period | 54,000 | 8,000 | 62,000
As at 31 August 2024 | 54,000 | 8,000 | 62,000

...CONTINUED
Page 3
Page 4
Urban Powerboat Services Ltd
Notes to the Financial Statements (continued)
For the Period 8 August 2023 to 31 August 2024

Net Book Value
As at 31 August 2024 | 1,016,000 | 189,750 | 1,205,750
As at 8 August 2023 | - | - | -

5. Stocks

| 31 August 2024
--- | ---
| £
Materials | 40,400
Finished goods | 1,024,000
Work in progress | 274,550
| 1,338,950

6. Debtors

| 31 August 2024
--- | ---
| £
Due within one year
Trade debtors | 22,500

7. Creditors: Amounts Falling Due Within One Year

| 31 August 2024
--- | ---
| £
Trade creditors | 20,471
Other creditors | 874,544
| 895,015

8. Creditors: Amounts Falling Due After More Than One Year

| 31 August 2024
--- | ---
| £
Other creditors | 1,715,185

9. Share Capital

| 31 August 2024
--- | ---
| £
Allotted, Called up and fully paid | 2

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