Urban Aspects Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 05586742 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2016

for

Urban Aspects Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr G M Pavey

Mr R G Ranford

REGISTERED OFFICE:

62 Clifford Avenue

Walton Cardiff

Tewkesbury

Gloucestershire

GL20 7RW

REGISTERED NUMBER:

05586742 (England and Wales)

CURRENT ASSETS

Debtors

2

5,553

5,553

Cash at bank

651

826

6,204

6,379

CREDITORS

Amounts falling due within one year

3

7,825

6,119

NET CURRENT (LIABILITIES)/ASSETS

(1,621

)

260

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,621

)

260

CAPITAL AND RESERVES

Called up share capital

4

198

198

Profit and loss account

5

(1,819

)

62

SHAREHOLDERS' FUNDS

(1,621

)

260

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 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 of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 28 July 2017 and were signed on its behalf by:

Mr G M Pavey - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of

Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done

in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts

for on-going services is recognised by reference to the stage of completion.

Deferred tax

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

sheet date.

Going concern

The financial statements have been prepared on a going concern basis, notwithstanding the company's deficiency

of net assets on the grounds that the director has confirmed that necessary funds will be made available for the

company to meet its liabilities as they fall due.

2.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Other debtors

5,553

5,553

3.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Corporation tax

-

93

Directors' current accounts

6,685

4,886

Accrued expenses

1,140

1,140

7,825

6,119

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

198

Ordinary

£1

198

198

5.

RESERVES

Profit

and loss

account

£

At 1 November 2015

62

Deficit for the year

(1,881

)

At 31 October 2016

(1,819

)

6.	RELATED PARTY DISCLOSURES

Urban Aspects Design Ltd

Mr G M Pavey is a director of Urban Aspects Design Limited.

During the year the company received services from Urban Aspects Design Limited amounting to £1,094 (2015:

£9,209).

At the year end there was £2,750 (2015 : £2,750) due from Urban Aspects Design Ltd.

Urban Aspects Land & Planning Ltd

Mr R G Ranford is a director of Urban Aspects Land & Planning Ltd.

The company received services from Urban Aspects Land & Planning Ltd during the period amounting to £Nil

(2015: £9,560).

At the year end there was £2,750 (2015 : £2,750) due from Urban Aspects Land & Planning Ltd.

Mr G M Pavey

At the year end Mr G M Pavey, was owed £3,868 (2015: £2,518) by the company

Mr R G Ranford

At the year end Mr R G Ranford was owed £2,817 (2015: £2,367) by the company.