Company Registration No. 09940616 (England and Wales)
Urbanday Holdings Ltd
Unaudited accounts
for the year ended 31 August 2025
Urbanday Holdings Ltd
Unaudited accounts
Contents
Urbanday Holdings Ltd
Company Information
for the year ended 31 August 2025
Company Number
09940616 (England and Wales)
Registered Office
Suite 10 Bowthorpe Hall
Bowthorpe Hall Road
Norwich
Norfolk
NR5 9AA
England
Accountants
Accounting Associates Norwich Ltd
19 Hartwell Road
Wroxham
Norwich
Norfolk
NR12 8TL
Urbanday Holdings Ltd
Statement of financial position
as at 31 August 2025
Tangible assets
4,986
6,224
Investment property
1,856,140
1,845,803
Cash at bank and in hand
24,136
25,550
Creditors: amounts falling due within one year
(89,855)
(93,226)
Net current liabilities
(63,240)
(53,083)
Total assets less current liabilities
1,797,886
1,798,944
Creditors: amounts falling due after more than one year
(1,308,569)
(1,321,932)
Provisions for liabilities
Deferred tax
(97,806)
(95,363)
Net assets
391,511
381,649
Called up share capital
1
1
Fair value reserve
310,441
302,804
Profit and loss account
81,069
78,844
Shareholders' funds
391,511
381,649
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 31 May 2026 and were signed on its behalf by
Wayne Hoban
Director
Company Registration No. 09940616
Urbanday Holdings Ltd
Notes to the Accounts
for the year ended 31 August 2025
Urbanday Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 09940616. The registered office is Suite 10 Bowthorpe Hall, Bowthorpe Hall Road, Norwich, Norfolk, NR5 9AA, England.
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 as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
33% straight line
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold. The net gain after deferred tax is subsequently transferred from retained earnings into a separate revaluation reserve.
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 assets and liabilities are not discounted.
Despite the ongoing economic impact of the war in Ukraine and Iran, the director believes that the company's outlook remains positive and will weather this uncertain period, and as such the accounts have been prepared under the going concern basis.
Urbanday Holdings Ltd
Notes to the Accounts
for the year ended 31 August 2025
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2024
4,979
9,596
698
15,273
At 31 August 2025
4,979
9,596
698
15,273
At 1 September 2024
2,894
5,457
698
9,049
Charge for the year
415
823
-
1,238
At 31 August 2025
3,309
6,280
698
10,287
At 31 August 2025
1,670
3,316
-
4,986
At 31 August 2024
2,085
4,139
-
6,224
Fair value at 1 September 2024
1,845,803
Net gain from fair value adjustments
10,184
At 31 August 2025
1,856,140
The revaluations of four properties were conducted by Chartered Surveyors as appointed by the mortgage lenders for remortgage purposes. These were performed at various dates throughout the previous year, and while the director feels they are potentially conservative valuations they remain a true and fair view of the valuations at the year end.
Amounts falling due within one year
Accrued income and prepayments
829
1,043
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
13,212
13,092
Taxes and social security
7,994
10,519
Other creditors
63,399
55,899
Loans from directors
340
9,815
Deferred income
1,650
2,750
Urbanday Holdings Ltd
Notes to the Accounts
for the year ended 31 August 2025
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
1,308,569
1,321,932
Aggregate of amounts that fall due for payment after five years
1,295,721
1,299,561
Investment property included on the balance sheet have been used as security against the above debts.
9
Deferred taxation
2025
2024
Accelerated capital allowances
416
519
Revaluation of investment property
97,390
94,844
Provision at start of year
95,363
95,515
Charged/(credited) to the profit and loss account
2,443
(152)
Provision at end of year
97,806
95,363
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Overdrawn Director's Loan Account
-
19,923
19,923
-
Repayable on demand with interest charged at HMRC approved beneficial loan rate in force during the period.
11
Transactions with related parties
At the balance sheet date the company owed Baylon Philips Financial Solutions Ltd £63,399.02 (2024 - £55,899.02). Baylon Philips Financial Solutions Ltd is a company wholly owed by the director of Urbanday Holdings Ltd.
At the balance sheet date the company was owed £nil by Gon Urban Property Ltd (2024 - £7,500). The same company also provided management and letting agent fees to Urbanday throughout the year at fair market rate. Gon Urban Property Ltd is a company in which the director of Urbanday Holdings Ltd has a 50% share.
12
Average number of employees
During the year the average number of employees was 1 (2024: 1).