Company Registration No. 05386126 (England and Wales)
Urban Future Organization London Limited
Unaudited accounts
for the year ended 31 March 2025
Urban Future Organization London Limited
Unaudited accounts
Contents
Urban Future Organization London Limited
Statement of financial position
as at 31 March 2025
Tangible assets
1,652
2,831
Cash at bank and in hand
85,578
32,998
Creditors: amounts falling due within one year
(27,319)
(16,466)
Net current assets
58,259
26,532
Total assets less current liabilities
59,911
29,363
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
59,497
28,725
Shareholders' funds
59,597
28,825
For the year ending 31 March 2025 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 December 2025 and were signed on its behalf by
A W T Yau
Director
Company Registration No. 05386126
Urban Future Organization London Limited
Notes to the Accounts
for the year ended 31 March 2025
Urban Future Organization London Limited is a private company, limited by shares, registered in England and Wales, registration number 05386126. The registered office is 23 Hill Court, Hanger Lane, London, W5.3DF, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% straight line
Work-in-progress is valued at net realisable value.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Urban Future Organization London Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
13,004
4,862
Loans from directors
5,191
4,692
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
The balances on the directors` current accounts with the company at the balance sheet date were: D.Balent £184 credit (2024: £23 credit), A.W.T.Yau £5,007 credit (2024: £4,669 credit), owed by the company to the directors. These amounts are unsecured, interest free and repayable on demand, and were in credit throughout the year.
The ultimate controlling parties of the company are Mr.A.W.T.Yau and Mr.D.Balent who each own 50% of the issued share capital.
Urban Future Organization London Limited
Notes to the Accounts
for the year ended 31 March 2025
10
Average number of employees
During the year the average number of employees was 2 (2024: 2).