Acorah Software Products - Accounts Production 14.5.601 false true true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 10930709 Benjamin Taylor Benjamin Taylor true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10930709 2022-12-31 10930709 2023-12-31 10930709 2023-01-01 2023-12-31 10930709 frs-core:CurrentFinancialInstruments 2023-12-31 10930709 frs-core:ShareCapital 2023-12-31 10930709 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10930709 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10930709 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 10930709 frs-bus:SmallEntities 2023-01-01 2023-12-31 10930709 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 10930709 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 10930709 1 2023-01-01 2023-12-31 10930709 frs-core:CostValuation 2022-12-31 10930709 frs-core:CostValuation 2023-12-31 10930709 frs-core:ProvisionsForImpairmentInvestments 2022-12-31 10930709 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 10930709 frs-bus:Director1 2023-01-01 2023-12-31 10930709 frs-countries:EnglandWales 2023-01-01 2023-12-31 10930709 2021-12-31 10930709 2022-12-31 10930709 2022-01-01 2022-12-31 10930709 frs-core:CurrentFinancialInstruments 2022-12-31 10930709 frs-core:ShareCapital 2022-12-31 10930709 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 10930709
Orizaba Group Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Fallon & Partners Accountancy LLP
27 Old Gloucester Street
London
WC1N 3AX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10930709
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 222,500 222,500
222,500 222,500
CURRENT ASSETS
Debtors 5 20 20
20 20
Creditors: Amounts Falling Due Within One Year 6 - (35,000 )
NET CURRENT ASSETS (LIABILITIES) 20 (34,980 )
TOTAL ASSETS LESS CURRENT LIABILITIES 222,520 187,520
NET ASSETS 222,520 187,520
CAPITAL AND RESERVES
Called up share capital 7 20 20
Profit and Loss Account 222,500 187,500
SHAREHOLDERS' FUNDS 222,520 187,520
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For the year ending 31 December 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
Benjamin Taylor
Director
19/04/2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Orizaba Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10930709 . The registered office is 45 Brookfield Lane, Churchdown, Gloucester, GL3 2PR.
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.
The Company has not prepared group accounts on the basis that it is a small group and is exempt from the requirement to prepare consolidated accounts.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.4. Investments in subsidiaries
Investments in subsidiaries are measured at cost less impairment.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
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4. Investments
Subsidiaries
£
Cost
As at 1 January 2023 222,500
As at 31 December 2023 222,500
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 222,500
As at 1 January 2023 222,500
The Company holds 100% of the ordinary shares of Orizaba Distribution Ltd and Orizaba Packaging Ltd, companies incorporated in England & Wales and registered at 45 Brookfield Lane, Churchdown, Gloucester, England, GL3 2PR. Orizaba Distribution Ltd is engaged in retail, Orizaba Packaging Ltd is dormant.
5. Debtors
2023 2022
£ £
Due within one year
Called up share capital not paid 20 20
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors - 35,000
Other creditors comprise deferred consideration due on the acquisition of shares in Orizaba Distribution Ltd in August 2017.  
7. Share Capital
2023 2022
£ £
Called Up Share Capital not Paid 20 20
Amount of Allotted, Called Up Share Capital 20 20
8. Ultimate Controlling Party
The company's ultimate controlling party is Benjamin Taylor by virtue of his ownership of 100% of the issued share capital in the company.
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