Company registration number 14907061 (England and Wales)
THE OR LONDON VENTURES LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDING ENDED 31 DECEMBER 2023
PAGES FOR FILING WITH REGISTRAR
THE OR LONDON VENTURES LIMITED
CONTENTS
Page
Directors' report
1
Balance sheet
2
Notes to the financial statements
3 - 4
THE OR LONDON VENTURES LIMITED
DIRECTORS' REPORT
FOR THE PERIOD ENDING ENDED 31 DECEMBER 2023
- 1 -

The directors present their annual report and financial statements for the period ending ended 31 December 2023.

Principal activities

The principal activity of the company continued to be that of a holding company

Directors

The directors who held office during the period ending and up to the date of signature of the financial statements were as follows:

A Medd
(Appointed 31 May 2023)
M Wall
(Appointed 31 May 2023)
R Saville
(Appointed 31 May 2023)
M Waites
(Appointed 31 May 2023)
Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
M Wall
Director
6 September 2024
THE OR LONDON VENTURES LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2023
31 December 2023
- 2 -
2023
Notes
£
£
Fixed assets
Investments
2
1,638
Current assets
Debtors
3
1
Net current assets
1
Total assets less current liabilities
1,639
Creditors: amounts falling due after more than one year
4
(130,000)
Net liabilities
(128,361)
Capital and reserves
Called up share capital
5
1
Profit and loss reserves
(128,362)
Total equity
(128,361)

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial period ending ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the period ending in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 6 September 2024 and are signed on its behalf by:
M Wall
Director
Company registration number 14907061 (England and Wales)
THE OR LONDON VENTURES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDING ENDED 31 DECEMBER 2023
- 3 -
1
Accounting policies
Company information

The Or London Ventures Limited is a private company limited by shares incorporated in England and Wales. The registered office is Biscuit Building, 10 Redchurch Street, London, E2 7DD.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

1.2
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

2
Fixed asset investments
2023
£
Other investments other than loans
1,638
Movements in fixed asset investments
Investments
£
Cost or valuation
At 31 May 2023
-
Additions
130,000
At 31 December 2023
130,000
Impairment
At 31 May 2023
-
Impairment
128,362
At 31 December 2023
128,362
Carrying amount
At 31 December 2023
1,638
THE OR LONDON VENTURES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDING ENDED 31 DECEMBER 2023
- 4 -
3
Debtors
2023
Amounts falling due within one year:
£
Other debtors
1
4
Creditors: amounts falling due after more than one year
2023
£
Other creditors
130,000
5
Called up share capital
2023
2023
Ordinary share capital
Number
£
Issued and fully paid
A Ordinary of 0.0001p each
10,000
1
B Ordinary of 0.0001p each
1
-

Ordinary A and B shares have full voting, dividend and capital distribution rights and do not confer any rights of redemption.

6
Controlling party

There is no ultimate controlling party.

7
Post balance sheet event

Subsequent to the year end, the company sold its investment that was held at the balance sheet date. This transaction has resulted in the recognition of an impairment loss in the current year.

2023-12-312023-05-31falseCCH SoftwareCCH Accounts Production 2023.300No description of principal activityA MeddM WallR SavilleM Waitesfalse4149070612023-05-312023-12-3114907061bus:Director12023-05-312023-12-3114907061bus:Director22023-05-312023-12-3114907061bus:Director32023-05-312023-12-3114907061bus:Director42023-05-312023-12-31149070612023-12-3114907061core:Non-currentFinancialInstrumentscore:AfterOneYear2023-12-3114907061core:ShareCapital2023-12-3114907061core:RetainedEarningsAccumulatedLosses2023-12-3114907061core:WithinOneYear2023-12-3114907061core:Non-currentFinancialInstruments2023-12-3114907061bus:PrivateLimitedCompanyLtd2023-05-312023-12-3114907061bus:SmallCompaniesRegimeForAccounts2023-05-312023-12-3114907061bus:FRS1022023-05-312023-12-3114907061bus:AuditExempt-NoAccountantsReport2023-05-312023-12-3114907061bus:FullAccounts2023-05-312023-12-31xbrli:purexbrli:sharesiso4217:GBP