In Uniform Circular Motion the position vector can be expressed as
[tex]\vec{r}=Rcos(\omega t)\hat{x}+Rsin(\omega t)\hat{y}[/tex]
where omega is the frequency of oscillation, t is time , and R is the radius of the circle.
We calculate velocity and acceleration by taking first and second derivatives with respect to time.
[tex]\vec{\dot{r}}=-\omega Rsin(\omega t)\hat{x}+\omega Rcos(\omega t)\hat{y}[/tex]
[tex]\vec{\ddot{r}}=-\omega ^{2} Rcos(\omega t)\hat{x}-\omega ^{2}Rsin(\omega t)\hat{y}=-\omega ^{2}\vec{r}[/tex]
Also, [tex]R\omega = v[/tex] where v is the tangential velocity (To show this use [tex]Rd\theta =dS[/tex] where dS is an infinitesimal tangential distance and divide both sides by [tex]dt[/tex]) so
[tex]\vec{\ddot{r}}=-\frac{v^{2}}{R^{2}}\vec{r}=-\frac{v^{2}}{R^{2}}R\hat{r}=-\frac{v^{2}}{R}\hat{r}[/tex]
So the acceleration is anti parallel to the radius vector (ie. towards the center of the circle) and has a magnitude of [tex]\frac{v^{2}}{R}[/tex]