Company Registration No. 11345814 (England and Wales)
URBAN SYSTEMS DESIGN LTD
Unaudited accounts
for the year ended 31 May 2022
URBAN SYSTEMS DESIGN LTD
Unaudited accounts
Contents
URBAN SYSTEMS DESIGN LTD
Company Information
for the year ended 31 May 2022
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 2022
Tangible assets
12,935
27,764
Cash at bank and in hand
772,871
523,377
Creditors: amounts falling due within one year
(138,454)
(134,500)
Net current assets
688,717
677,022
Net assets
701,652
704,786
Called up share capital
3
3
Profit and loss account
701,649
704,783
Shareholders' funds
701,652
704,786
For the year ending 31 May 2022 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.
The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2022 and were signed on its behalf by
Pankaj Dave
Director
Company Registration No. 11345814
URBAN SYSTEMS DESIGN LTD
Notes to the Accounts
for the year ended 31 May 2022
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 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.
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
At 1 June 2021
21,833
7,012
44,995
73,840
At 31 May 2022
21,833
7,012
44,995
73,840
At 1 June 2021
11,119
2,671
32,286
46,076
Charge for the year
4,367
1,002
9,460
14,829
At 31 May 2022
15,486
3,673
41,746
60,905
At 31 May 2022
6,347
3,339
3,249
12,935
At 31 May 2021
10,714
4,341
12,709
27,764
URBAN SYSTEMS DESIGN LTD
Notes to the Accounts
for the year ended 31 May 2022
5
Debtors: amounts falling due within one year
2022
2021
Trade debtors
48,434
282,912
Accrued income and prepayments
-
3,103
Debtors: amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
8,453
8,875
Taxes and social security
-
60,445
Other creditors
292
27,680
7
Average number of employees
During the year the average number of employees was 7 (2021: 8).