Urban Development Projects (3) Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08843622

URBAN DEVELOPMENT PROJECTS (3) LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED

26 January 2025

URBAN DEVELOPMENT PROJECTS (3) LTD

FINANCIAL STATEMENTS

PERIOD FROM 29 JANUARY 2024 TO 26 JANUARY 2025

CONTENTS	PAGES

Statement of financial position	1 to 2

Notes to the financial statements	3 to 4

URBAN DEVELOPMENT PROJECTS (3) LTD

STATEMENT OF FINANCIAL POSITION

26 January 2025

	26 Jan 25		28 Jan 24
Note	£	£	£	£

CURRENT ASSETS

Debtors	5	1,150,049	1,180,853
Cash at bank and in hand		3,214	2,317
		------------	------------
		1,153,263	1,183,170

CREDITORS: amounts falling due within one year	6	( 1,197,537)		( 1,920,660)
		------------		------------
NET CURRENT LIABILITIES			( 44,274)		( 737,490)
			--------		---------
TOTAL ASSETS LESS CURRENT LIABILITIES			( 44,274)		( 737,490)

CREDITORS: amounts falling due after more than one year	7	–	( 18,690)
		--------	---------
NET LIABILITIES		( 44,274)	( 756,180)
		--------	---------

CAPITAL AND RESERVES

Called up share capital	2	2
Profit and loss account	( 44,276)	( 756,182)
	--------	---------
SHAREHOLDER DEFICIT	( 44,274)	( 756,180)
	--------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the period ending 26 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

URBAN DEVELOPMENT PROJECTS (3) LTD

STATEMENT OF FINANCIAL POSITION (continued)

26 January 2025

These financial statements were approved by the board of directors and authorised for issue on 28 May 2026 , and are signed on behalf of the board by:

S P Graham
Director

Company registration number: 08843622

URBAN DEVELOPMENT PROJECTS (3) LTD

NOTES TO THE FINANCIAL STATEMENTS

PERIOD FROM 29 JANUARY 2024 TO 26 JANUARY 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 51 Selby Road, Leeds, LS9 0EW.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements have been prepared on the going concern basis. The director considers the going concern basis to be appropriate as he has confirmed his ongoing financial support of the company. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Income tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.

4. TAX ON PROFIT/(LOSS)

Major components of tax expense

	Period from	Period from
	29 Jan 24 to	30 Jan 23 to
	26 Jan 25	28 Jan 24
	£	£

Current tax:

UK current tax expense	165,987	–
	---------	----
Tax on profit/(loss)	165,987	–
	---------	----

5. DEBTORS

	26 Jan 25	28 Jan 24
	£	£
Trade debtors	28,600	28,600
Other debtors	1,121,449	1,152,253
	------------	------------
	1,150,049	1,180,853
	------------	------------

6. CREDITORS: amounts falling due within one year

	26 Jan 25	28 Jan 24
	£	£
Bank loans and overdrafts	–	10,000
Corporation tax	165,987	–
Amounts due to related companies	942,977	1,581,617
Other creditors	88,573	329,043
	------------	------------
	1,197,537	1,920,660
	------------	------------

7. CREDITORS: amounts falling due after more than one year

	26 Jan 25	28 Jan 24
	£	£
Bank loans and overdrafts	–	18,690
	----	--------