Company Registration No. 11345814 (England and Wales)
URBAN SYSTEMS DESIGN LTD
Unaudited accounts
for the period from 4 May 2018 to 31 May 2019
URBAN SYSTEMS DESIGN LTD
Unaudited accounts
Contents
URBAN SYSTEMS DESIGN LTD
Company Information
for the period from 4 May 2018 to 31 May 2019
Directors
Klaus Bode
Pankaj Dave
John Perry
Company Number
11345814 (England and Wales)
Registered Office
237 LONG LANE
BLUE LION PLACE, UNIT 2
LONDON
SE1 4PU
ENGLAND
Accountants
Thriveworks Ltd
Albert House
256-260 Old Street
London
EC1V 9DD
URBAN SYSTEMS DESIGN LTD
Statement of financial position
as at
31 May 2019
Cash at bank and in hand
41,724
Creditors: amounts falling due within one year
(314,264)
Net current assets
11,802
Called up share capital
3
Profit and loss account
56,572
Shareholders' funds
56,575
For the period ending 31 May 2019 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 directors acknowledge their 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.
Approved by the Board on 31 January 2020.
Pankaj Dave
Director
Company Registration No. 11345814
URBAN SYSTEMS DESIGN LTD
Notes to the Accounts
for the period from 4 May 2018 to 31 May 2019
URBAN SYSTEMS DESIGN LTD is a private company, limited by shares, registered in England and Wales, registration number 11345814. The registered office is 237 LONG LANE, BLUE LION PLACE, UNIT 2, LONDON, SE1 4PU, 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 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.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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
5 years
Fixtures & fittings
7 years
Computer equipment
3 years
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
Additions
17,761
6,722
29,361
53,844
At 31 May 2019
17,761
6,722
29,361
53,844
Charge for the period
2,801
733
5,537
9,071
At 31 May 2019
2,801
733
5,537
9,071
At 31 May 2019
14,960
5,989
23,824
44,773
URBAN SYSTEMS DESIGN LTD
Notes to the Accounts
for the period from 4 May 2018 to 31 May 2019
6
Creditors: amounts falling due within one year
2019
Taxes and social security
8,293
Loans from directors
212,135
7
Average number of employees
During the period the average number of employees was 5.