AAG Orion Property Solutions Ltd 12993486 true 2021-12-01 2022-11-29 2022-11-29 The principal activity of the company is property investment Digita Accounts Production Advanced 6.30.9574.0 true Mr Adenekan Gbadebo true 12993486 2021-12-01 2022-11-29 12993486 2022-11-29 12993486 bus:Original 2022-11-29 12993486 core:RetainedEarningsAccumulatedLosses 2022-11-29 12993486 core:ShareCapital 2022-11-29 12993486 core:CurrentFinancialInstruments 2022-11-29 12993486 core:CurrentFinancialInstruments core:WithinOneYear 2022-11-29 12993486 bus:FRS102 2021-12-01 2022-11-29 12993486 bus:AuditExempt-NoAccountantsReport 2021-12-01 2022-11-29 12993486 bus:FullAccounts 2021-12-01 2022-11-29 12993486 bus:RegisteredOffice 2021-12-01 2022-11-29 12993486 bus:Director1 2021-12-01 2022-11-29 12993486 bus:EntityHasNeverTraded 2021-12-01 2022-11-29 12993486 bus:Consolidated 2021-12-01 2022-11-29 12993486 bus:PrivateLimitedCompanyLtd 2021-12-01 2022-11-29 12993486 countries:EnglandWales 2021-12-01 2022-11-29 12993486 2020-11-03 2021-11-30 12993486 2021-11-30 12993486 core:RetainedEarningsAccumulatedLosses 2021-11-30 12993486 core:ShareCapital 2021-11-30 12993486 core:CurrentFinancialInstruments 2021-11-30 12993486 core:CurrentFinancialInstruments core:WithinOneYear 2021-11-30 iso4217:GBP xbrli:pure

Registration number: 12993486

AAG Orion Property Solutions Ltd

Annual Report and Unaudited Financial Statements

for the Period from 1 December 2021 to 29 November 2022

 

AAG Orion Property Solutions Ltd

Profit and Loss Account for the Period from 1 December 2021 to 29 November 2022

The company has not traded during the period. During this period, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

AAG Orion Property Solutions Ltd

(Registration number: 12993486)
Balance Sheet as at 29 November 2022

Note

2022
£

2021
£

Current assets

 

Debtors

3

100

100

Cash at bank and in hand

 

4,910

4,910

 

5,010

5,010

Creditors: Amounts falling due within one year

(6,249)

(5,600)

Net liabilities

 

(1,239)

(590)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(1,339)

(690)

Shareholders' deficit

 

(1,239)

(590)

For the financial period ending 29 November 2022 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 18 September 2023
 

.........................................
Mr Adenekan Gbadebo
Director

 

AAG Orion Property Solutions Ltd

Notes to the Unaudited Financial Statements for the Period from 1 December 2021 to 29 November 2022

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
8 Rodborough Road
London
London
NW11 8RY
United Kingdom

These financial statements were authorised for issue by the director on 18 September 2023.

2

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2021 - 1).

3

Debtors

Current

2022
£

2021
£

Other debtors

100

100

 

100

100

4

Cash and cash equivalents

2022
£

2021
£

Cash at bank

4,910

4,910

5

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

 

AAG Orion Property Solutions Ltd

Notes to the Unaudited Financial Statements for the Period from 1 December 2021 to 29 November 2022

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.