1 April 2022 false Taxfiler 2023.9.1 09512784business:PrivateLimitedCompanyLtd2022-04-012023-03-31 095127842022-03-31 095127842022-04-012023-03-31 09512784business:AuditExemptWithAccountantsReport2022-04-012023-03-31 09512784business:FilletedAccounts2022-04-012023-03-31 095127842023-03-31 09512784business:Director12022-04-012023-03-31 09512784business:Director22022-04-012023-03-31 09512784business:RegisteredOffice2022-04-012023-03-31 095127842022-03-31 09512784core:WithinOneYear2023-03-31 09512784core:WithinOneYear2022-03-31 09512784core:AfterOneYear2023-03-31 09512784core:AfterOneYear2022-03-31 09512784core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 09512784core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 09512784core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 09512784core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 09512784core:PreviouslyStatedAmount2023-03-31 09512784core:PreviouslyStatedAmount2022-03-31 09512784business:SmallEntities2022-04-012023-03-31 09512784countries:EnglandWales2022-04-012023-03-31 09512784core:PlantMachinery2022-04-012023-03-31 09512784core:FurnitureFittings2022-04-012023-03-31 09512784core:PlantMachinery2022-03-31 09512784core:FurnitureFittings2022-03-31 09512784core:PlantMachinery2023-03-31 09512784core:FurnitureFittings2023-03-31 09512784core:AcceleratedTaxDepreciationDeferredTax2023-03-31 09512784core:AcceleratedTaxDepreciationDeferredTax2022-03-31 095127842021-03-31 095127842021-04-012022-03-31 09512784business:OrdinaryShareClass12022-04-012023-03-31 09512784business:OrdinaryShareClass12021-04-012022-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 09512784 (England and Wales)
WeAreOrange Limited Unaudited accounts for the year ended 31 March 2023
WeAreOrange Limited Unaudited accounts Contents
Page
- 2 -
WeAreOrange Limited Company Information for the year ended 31 March 2023
Directors
C Hammon Miss G Hammon
Company Number
09512784 (England and Wales)
Registered Office
432 GLOUCESTER ROAD HORFIELD BS7 8TX UNITED KINGDOM
Accountants
Evans Entwistle 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA
- 3 -
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of WeAreOrange Limited for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of WeAreOrange Limited for the year ended 31 March 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA 24 May 2023
- 4 -
WeAreOrange Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
546 
714 
Current assets
Inventories
800 
700 
Debtors
757 
- 
Cash at bank and in hand
7,407 
8,297 
8,964 
8,997 
Creditors: amounts falling due within one year
(8,983)
(5,875)
Net current (liabilities)/assets
(19)
3,122 
Total assets less current liabilities
527 
3,836 
Creditors: amounts falling due after more than one year
- 
(3,235)
Provisions for liabilities
Deferred tax
(103)
(135)
Net assets
424 
466 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
422 
464 
Shareholders' funds
424 
466 
For the year ending 31 March 2023 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 24 May 2023 and were signed on its behalf by
C Hammon Director Company Registration No. 09512784
- 5 -
WeAreOrange Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
WeAreOrange Limited is a private company, limited by shares, registered in England and Wales, registration number 09512784. The registered office is 432 GLOUCESTER ROAD, HORFIELD, BS7 8TX, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
25% on cost
Fixtures & fittings
25% on cost
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 6 -
WeAreOrange Limited Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
10,574 
2,120 
12,694 
At 31 March 2023
10,574 
2,120 
12,694 
Depreciation
At 1 April 2022
10,574 
1,406 
11,980 
Charge for the year
- 
168 
168 
At 31 March 2023
10,574 
1,574 
12,148 
Net book value
At 31 March 2023
- 
546 
546 
At 31 March 2022
- 
714 
714 
5
Inventories
2023 
2022 
£ 
£ 
Finished goods
800 
700 
800 
700 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Other debtors
757 
- 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
3,869 
1,297 
Trade creditors
2,282 
2,074 
Taxes and social security
2,802 
2,504 
Deferred income
30 
- 
8,983 
5,875 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
- 
3,235 
- 7 -
WeAreOrange Limited Notes to the Accounts for the year ended 31 March 2023
9
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
103 
135 
2023 
2022 
£ 
£ 
Provision at start of year
135 
- 
(Credited)/charged to the profit and loss account
(32)
135 
Provision at end of year
103 
135 
10
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
11
Average number of employees
During the year the average number of employees was 3 (2022: 3).
- 8 -