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REGISTERED NUMBER: 13092629 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

Orca Resource Limited

Orca Resource Limited (Registered number: 13092629)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Orca Resource Limited

Company Information
for the Year Ended 31 August 2023







DIRECTORS: R Fowler
D Ogg





REGISTERED OFFICE: Future Space University West Of England
Filton Road
Bristol
BS34 8RB





REGISTERED NUMBER: 13092629 (England and Wales)





ACCOUNTANTS: Kingscote Accountancy Limited
77A Alma Road
Clifton
Bristol
BS8 2DP

Orca Resource Limited (Registered number: 13092629)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 42,160 54,400

CURRENT ASSETS
Debtors 5 186 38,735
Cash at bank 11,406 15,264
11,592 53,999
CREDITORS
Amounts falling due within one year 6 123,105 169,175
NET CURRENT LIABILITIES (111,513 ) (115,176 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(69,353

)

(60,776

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (69,453 ) (60,876 )
(69,353 ) (60,776 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Orca Resource Limited (Registered number: 13092629)

Balance Sheet - continued
31 August 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 December 2023 and were signed on its behalf by:





R Fowler - Director


Orca Resource Limited (Registered number: 13092629)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

Orca Resource Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website costs is being amortised evenly over its estimated useful life of ten years.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Orca Resource Limited (Registered number: 13092629)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 September 2022
and 31 August 2023 122,400
AMORTISATION
At 1 September 2022 68,000
Charge for year 12,240
At 31 August 2023 80,240
NET BOOK VALUE
At 31 August 2023 42,160
At 31 August 2022 54,400

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors - 32,014
Other debtors 186 6,721
186 38,735

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade creditors 68 823
Amounts owed to group undertakings 122,242 166,015
Other creditors 795 2,337
123,105 169,175

7. RELATED PARTY DISCLOSURES

As at the balance sheet date, Orca Resource Limited owed Orca Medical Limited £112,242 (2022: £116,015).

As at the balance sheet date, Orca Resource Limited owed Healcerion EMEA Limited £0 [2022: £50,000].

Orca Medical Limited and Healcerion EMEA Limited are connected companies by virtue of their directors R Fowler and D Ogg.