| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31st January 2026 |
| for |
| Urban Creation Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31st January 2026 |
| for |
| Urban Creation Limited |
| Urban Creation Limited (Registered number: 04919658) |
| Contents of the Financial Statements |
| for the Year Ended 31st January 2026 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Urban Creation Limited |
| Company Information |
| for the Year Ended 31st January 2026 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Woodlands Grange |
| Woodlands Lane |
| Bradley Stoke |
| Bristol |
| United Kingdom |
| BS32 4JY |
| Urban Creation Limited (Registered number: 04919658) |
| Balance Sheet |
| 31st January 2026 |
| 31.1.26 | 31.1.25 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 7 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET (LIABILITIES)/ASSETS | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Retained earnings | 11 | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| The director acknowledges his 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 were approved by the director and authorised for issue on |
| Urban Creation Limited (Registered number: 04919658) |
| Notes to the Financial Statements |
| for the Year Ended 31st January 2026 |
| 1. | STATUTORY INFORMATION |
| Urban Creation Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements are presented in Pounds Sterling (£), which is the Company's functional and presentation currency. |
| Critical accounting judgements and key sources of estimation uncertainty |
| In the application of the Company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. |
| The estimates and associated assumptions are based on historical experience and other factors considered to be relevant. Actual results may differ from these estimates. |
| The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of revision and future periods if the revision affects both current and future periods. |
| The following are the critical judgements and key sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year: |
| Impairment of trade debtors - The Company makes an estimate of the recoverable value of trade and other debtors. When assessing impairment, management considers factors including the ageing profile of debtors and historical experience. |
| Useful economic lives of tangible fixed assets - The annual depreciation charge depends on the estimated useful lives of assets. The directors review these estimates regularly based on the current condition of the assets and expected future use. |
| Turnover |
| Turnover represents management fees and service income earned from the provision of property management, administration and related support services. Revenue is recognised as the services are provided and when the company becomes entitled to consideration. All turnover arose within the United Kingdom. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| 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 have been enacted or substantively enacted by the balance sheet date. |
| Urban Creation Limited (Registered number: 04919658) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st January 2026 |
| 2. | ACCOUNTING POLICIES - continued |
| Deferred tax |
| 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. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| 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. |
| Cash & cash equivalents |
| Cash comprises cash in hand and demand deposits. Cash equivalents are short-term, highly liquid investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value. |
| Cash and cash equivalents consist solely of balances held in the Company's bank current account. The Company does not hold any short-term investments and does not operate an overdraft facility. |
| Going concern |
| The financial statements have been prepared on a going concern basis. The directors have considered the Company's financial position, forecast cash flows and the continued support available from related group companies. Based on this assessment, the directors are satisfied that the Company has adequate resources to continue in operational existence for the foreseeable future and have therefore adopted the going concern basis in preparing these financial statements. |
| Financial instruments |
| The Company has elected to apply the provisions of Section 11 'Basic Financial Instruments'. |
| Financial instruments are recognised in the Company's balance sheet when the Company becomes party to the contractual provisions of the instrument. |
| Basic financial assets: Short-term debtors are measured at transaction price, less any impairment. Loans receivable are initially measured at transaction price (including transaction costs) and subsequently measured at amortised cost using the effective interest method, less any impairment. |
| Basic financial liabilities: Short-term creditors are measured at transaction price. Other financial liabilities, including bank loans and other loans, are initially measured at transaction price (including transaction costs) and subsequently measured at amortised cost using the effective interest method. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Urban Creation Limited (Registered number: 04919658) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st January 2026 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and | Motor | Computer |
| fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1st February 2025 |
| Additions |
| At 31st January 2026 |
| DEPRECIATION |
| At 1st February 2025 |
| Charge for year |
| At 31st January 2026 |
| NET BOOK VALUE |
| At 31st January 2026 |
| At 31st January 2025 |
| 5. | DEBTORS |
| 31.1.26 | 31.1.25 |
| £ | £ |
| Amounts falling due within one year: |
| Trade debtors |
| Other debtors |
| Prepayments |
| Amounts falling due after more than one year: |
| Amount owed by related parties |
| Aggregate amounts |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.1.26 | 31.1.25 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Social security and other taxes |
| VAT | 11,647 | 82,206 |
| Other creditors |
| Accrued expenses |
| Urban Creation Limited (Registered number: 04919658) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st January 2026 |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.1.26 | 31.1.25 |
| £ | £ |
| Bank loans - 1-2 years |
| Amount owed to related parties |
| 8. | LEASING AGREEMENTS |
| Minimum lease payments under non-cancellable operating leases fall due as follows: |
| 31.1.26 | 31.1.25 |
| £ | £ |
| Within one year |
| Between one and five years |
| 9. | SECURED DEBTS |
| The Company had no secured liabilities at the balance sheet date. |
| 10. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.1.26 | 31.1.25 |
| value: | £ | £ |
| Ordinary | £1 | 5,000 | 5,000 |
| B Ordinary | £0.01 | 57 | 57 |
| C Ordinary | £1 | 5,000 | 5,000 |
| 10,057 | 10,057 |
| 11. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1st February 2025 |
| Deficit for the year | ( |
) |
| At 31st January 2026 | ( |
) |
| 12. | CONTINGENT LIABILITIES |
| The Company had no contingent liabilities at the balance sheet date. |
| Urban Creation Limited (Registered number: 04919658) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st January 2026 |
| 13. | RELATED PARTY DISCLOSURES |
| At the year end, the following balances were owed from/(to) companies under common control:- |
| 2026 | 2025 |
| CS Operating Company Limited | (£31,000 | ) | - |
| Urban Creation (Alison Court) Limited | £752,421 | £794,531 |
| Urban Creation (QR) Limited | £102,248 | £99,223 |
| Urban Creation Management Limited | £331,900 | £81,898 |
| Urban Creation (Shaw) Limited | (£48,649 | ) | £27,156 |
| Urban Creation (Beech House) Limited | (£770,071 | ) | (£743,727 | ) |
| Urban Creation (Charlotte Street) Limited | (£190,420 | ) | (£353,005 | ) |
| Urban Creation (Tyndalls) Limited | (£606,748 | ) | (£423,798 | ) |
| Urban Creation (Park Avenue) Limited | (£212,425 | ) | (£240,703 | ) |
| Urban Creation (Park Street) Limited | £6,547 | (£31,741 | ) |
| Urban Creation (11 to 13 WLR) Limited | (£759,584 | ) | (£3,604 | ) |
| 50PS OpCo Limited | (£95,000 | ) | - |
| 76PA OpCo Limited | (£5,000 | ) | - |
| 48 Park Street Bristol Limited | £406,391 | (£100,862 | ) |
| Urban Creation (71PS) Limited | £1,100,194 | £723,127 |
| 48PS Opco Limited | (£548,241 | ) | (£241,943 | ) |
| 62PS Bristol Limited | (£75,283 | ) | (£66,274 | ) |
| Urban Creation 60QR Limited | £68,725 | £53,258 |
| Urban Creation Topco Limited | £126 | £0 |
| Urban Creation Holdings Limited | £126 | £0 |
| 71PS OpCo Limited | (£65,674 | ) | £0 |
| These loans are interest free, repayable in more than 12 months and not secured against any assets. |
| Management charges were charged to various companies as follows:- |
| 2026 | 2025 |
| Urban Creation (Alison Court) Limited | £30,735 | £33,855 |
| Urban Creation (QR) Limited | £5,270 | £3,835 |
| Urban Creation (Shaw) Limited | £43,413 | £41,957 |
| Urban Creation (Beech House) Limited | £53,237 | £61,014 |
| Urban Creation (Charlotte Street) Limited | £59,702 | £78,885 |
| Urban Creation (Tyndalls) Limited | £32,826 | £37,672 |
| Urban Creation (Park Avenue) Limited | £17,355 | £18,311 |
| Urban Creation (Park Street) Limited | £26,383 | £25,026 |
| 62 Park Street Limited | £11,527 | £2,308 |
| Urban Creation (60QR) Limited | £29,943 | £39,773 |
| 48 Park Street Limited | £33,285 | £119,455 |
| Clever Space Construction Limited | £100,000 | £125,000 |
| Urban Creation (71PS) Limited | £178,825 | £74,000 |
| 14. | POST BALANCE SHEET EVENTS |
| There have been no material events after the reporting date requiring adjustment to, or disclosure in, these financial statements. |
| 15. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling parties are Jonathan Brecknell and Sarah Brecknell, who exercise control over the Company by virtue of their shareholdings. |