Company Registration No. 04187854 (England and Wales)
Orangutan TM Limited
Unaudited accounts
for the year ended 31 March 2023
Orangutan TM Limited
Unaudited accounts
Contents
Orangutan TM Limited
Company Information
for the year ended 31 March 2023
Director
Timothy Peniston-Bird
Company Number
04187854 (England and Wales)
Registered Office
The Mount
72 Paris Street
Exeter
England
EX1 2JY
Accountants
S.E. Tax Professionals Ltd
6, Roxburgh Place
Stenhousemuir
Larbert
Falkirk
FK5 4UE
Orangutan TM Limited
Statement of financial position
as at 31 March 2023
Tangible assets
1,012
1,350
Cash at bank and in hand
(95)
277
Creditors: amounts falling due within one year
(264,389)
(235,561)
Net current liabilities
(261,704)
(230,818)
Net liabilities
(260,692)
(229,468)
Called up share capital
2
2
Profit and loss account
(260,694)
(229,470)
Shareholders' funds
(260,692)
(229,468)
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 director acknowledges his 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 and authorised for issue on 6 February 2024 and were signed on its behalf by
Timothy Peniston-Bird
Director
Company Registration No. 04187854
Orangutan TM Limited
Notes to the Accounts
for the year ended 31 March 2023
Orangutan TM Limited is a private company, limited by shares, registered in England and Wales, registration number 04187854. The registered office is The Mount, 72 Paris Street, Exeter, England, EX1 2JY.
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.
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:
Land & buildings
10% Straight line
Plant & machinery
25% Reducing Balance
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.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2022
28,620
2,500
59,558
16,283
106,961
At 31 March 2023
28,620
2,500
59,558
16,283
106,961
At 1 April 2022
28,620
1,150
59,558
16,283
105,611
Charge for the year
-
338
-
-
338
At 31 March 2023
28,620
1,488
59,558
16,283
105,949
At 31 March 2023
-
1,012
-
-
1,012
At 31 March 2022
-
1,350
-
-
1,350
Orangutan TM Limited
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Accrued income and prepayments
127
-
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
13,802
13,802
Trade creditors
12,525
231
Taxes and social security
947
1,394
Other creditors
14,800
14,339
Loans from directors
228,131
213,340
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).