Acorah Software Products - Accounts Production 14.5.601 false true 30 September 2022 1 October 2021 false 1 October 2022 30 September 2023 30 September 2023 12903649 Mr Marcus Askam-Yates iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12903649 2022-09-30 12903649 2023-09-30 12903649 2022-10-01 2023-09-30 12903649 frs-core:CurrentFinancialInstruments 2023-09-30 12903649 frs-core:Non-currentFinancialInstruments 2023-09-30 12903649 frs-core:ComputerEquipment 2023-09-30 12903649 frs-core:ComputerEquipment 2022-10-01 2023-09-30 12903649 frs-core:ComputerEquipment 2022-09-30 12903649 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-10-01 2023-09-30 12903649 frs-core:RevaluationReserve 2022-10-01 2023-09-30 12903649 frs-core:RevaluationReserve 2022-09-30 12903649 frs-core:RevaluationReserve 2023-09-30 12903649 frs-core:ShareCapital 2023-09-30 12903649 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 12903649 frs-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 12903649 frs-bus:FilletedAccounts 2022-10-01 2023-09-30 12903649 frs-bus:SmallEntities 2022-10-01 2023-09-30 12903649 frs-bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 12903649 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 12903649 frs-bus:Director1 2022-10-01 2023-09-30 12903649 frs-countries:EnglandWales 2022-10-01 2023-09-30 12903649 2021-09-30 12903649 2022-09-30 12903649 2021-10-01 2022-09-30 12903649 frs-core:CurrentFinancialInstruments 2022-09-30 12903649 frs-core:Non-currentFinancialInstruments 2022-09-30 12903649 frs-core:RevaluationReserve 2022-09-30 12903649 frs-core:ShareCapital 2022-09-30 12903649 frs-core:RetainedEarningsAccumulatedLosses 2022-09-30
Registered number: 12903649
Orange Holdings Limited
Unaudited Financial Statements
For The Year Ended 30 September 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12903649
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,308 1,112
Investment Properties 5 2,150,000 296,000
2,151,308 297,112
CURRENT ASSETS
Debtors 6 23,680 -
Cash at bank and in hand 2,445 604
26,125 604
Creditors: Amounts Falling Due Within One Year 7 (683,380 ) (135,333 )
NET CURRENT ASSETS (LIABILITIES) (657,255 ) (134,729 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,494,053 162,383
Creditors: Amounts Falling Due After More Than One Year 8 (1,026,576 ) (143,322 )
NET ASSETS 467,477 19,061
CAPITAL AND RESERVES
Called up share capital 9 1 1
Revaluation reserve 10 540,372 36,019
Profit and Loss Account (72,896 ) (16,959 )
SHAREHOLDERS' FUNDS 467,477 19,061
Page 1
Page 2
For the year ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Marcus Askam-Yates
Director
09/04/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Orange Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12903649 . The registered office is Brankley House Far End, Boothby Graffoe, Lincoln, LN5 0LG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold Nil
Computer Equipment 33% straight line
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost or Valuation
As at 1 October 2022 1,659
Additions 1,109
As at 30 September 2023 2,768
Depreciation
As at 1 October 2022 547
Provided during the period 913
As at 30 September 2023 1,460
...CONTINUED
Page 3
Page 4
Net Book Value
As at 30 September 2023 1,308
As at 1 October 2022 1,112
5. Investment Property
2023
£
Fair Value
As at 1 October 2022 296,000
Additions 1,349,647
Revaluations 504,353
As at 30 September 2023 2,150,000
6. Debtors
2023 2022
£ £
Due within one year
Other debtors 23,680 -
23,680 -
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 6,788 2,200
Other creditors - 11,958
Accruals and deferred income 600 600
Director's loan account 675,992 120,575
683,380 135,333
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 1,026,576 143,322
1,026,576 143,322
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
Page 4
Page 5
10. Reserves
Revaluation Reserve
£
As at 1 October 2022 36,019
Net investment property revaluation reserve 504,353
As at 30 September 2023 540,372
Page 5