REGISTERED NUMBER: 08835839 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

Urra Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs N M Brown

S D Brown

REGISTERED OFFICE:

Urra House

Chop Gate

Stokesley

Middlesbrough

TS9 7HZ

REGISTERED NUMBER:

08835839 (England and Wales)

ACCOUNTANTS:

Anderson Barrowcliff Limited

Chartered Accountants

3 Kingfisher Court

Bowesfield Park

Stockton on Tees

TS18 3EX

FIXED ASSETS

Tangible assets

4

1,792

5,182

Investment property

5

525,000

525,000

526,792

530,182

CURRENT ASSETS

Debtors

6

-

7,963

Cash at bank

178

274

178

8,237

CREDITORS

Amounts falling due within one year

7

495,537

483,931

NET CURRENT LIABILITIES

(495,359

)

(475,694

)

TOTAL ASSETS LESS CURRENT LIABILITIES

31,433

54,488

CAPITAL AND RESERVES

Called up share capital

8

120

120

Retained earnings

31,313

54,368

SHAREHOLDERS' FUNDS

31,433

54,488

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 October 2026 and were signed on its behalf by:

S D Brown - Director

1.	STATUTORY INFORMATION

Urra Properties Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Although the company had net current liabilities of £492,509 as at 31 January 2026 (2025 : £475,694), these financial statements have been prepared on a going concern basis. Short term creditors include a loan from another group company of £492,443 and the directors of this group company have indicated that repayment of this loan balance will not be required to the detriment of this company's ability to continue to operate. The directors will provide additional financial support to the company if required.

These financial statements do not include any adjustments that would result should the company not continue to trade.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

Investment property

Investment properties are measured at their fair value at each reporting date with any changes in fair value recognised in the profit and loss account. The excess of fair value over historical cost is shown in the Fair Value Reserve, net of any relevant deferred tax provision in respect of the revalued property.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Debtors and creditors receivable/payable within one year

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 in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 February 2025

and 31 January 2026

14,741

1,593

16,334

DEPRECIATION

At 1 February 2025

10,001

1,151

11,152

Charge for year

2,948

442

3,390

At 31 January 2026

12,949

1,593

14,542

NET BOOK VALUE

At 31 January 2026

1,792

-

1,792

At 31 January 2025

4,740

442

5,182

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

and 31 January 2026

525,000

NET BOOK VALUE

At 31 January 2026

525,000

At 31 January 2025

525,000

Fair value at 31 January 2026 is represented by:

£

Valuation in 2023

(156,529

)

Valuation in 2024

45,000

Cost

636,529

525,000

The investment property was valued at fair value by the director Mr S D Brown, a RICS qualified chartered surveyor. The valuation of the property is assessed using his professional knowledge of the industry, the property and its condition and in comparison with similar properties in the local area.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

-

5,113

Other debtors

-

2,850

-

7,963

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Amounts owed to group undertakings

492,443

472,669

VAT

468

9,162

Accrued expenses

2,626

2,100

495,537

483,931

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

60

A Ordinary

£1

60

60

60

B Ordinary

£1

60

60

120

120