2023-01-01 07853487 2023-12-31 07853487 2023-01-01 2023-12-31 07853487 2022-12-31 07853487 2022-01-01 2022-12-31 07853487 uk-core:WithinOneYear 2022-12-31 07853487 uk-core:WithinOneYear 2023-12-31 07853487 uk-core:ShareCapital 2023-12-31 07853487 uk-core:ShareCapital 2022-12-31 07853487 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 07853487 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 07853487 uk-bus:Director1 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure 07853487 uk-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07853487 uk-bus:FRS102 2023-01-01 2023-12-31 07853487 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 07853487 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Draft
ORANGE SCISSORS LTD
Registered Number:07853487
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 31 December 2023
ORANGE SCISSORS LTD
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
3
Draft
Registered Number :
07853487
As at 31 December 2023
ORANGE SCISSORS LTD
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
96,422
110,520
Financial assets
1,256,213
1,265,114
1,361,536
1,366,733
Current assets
Trade and other receivables
5,556,158
3,104,856
2
Financial assets
1,291,420
763,202
3
141,989
Cash and cash equivalents
47,601
3,915,659
6,989,567
Trade and other payables: amounts falling due within one
year
(60,710)
(38,819)
4
6,928,857
3,876,840
Net current assets
Total assets less current liabilities
5,238,376
8,295,590
5,238,376
Net assets
8,295,590
Capital and reserves
Called up share capital
2,650,020
2,650,020
Retained earnings
2,588,356
5,645,570
5,238,376
8,295,590
Shareholders' funds
For the year 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 members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
D BAMBER Director
These financial statements were approved and authorised for issue by the Board on 25 September 2024 and were signed by:
The notes form part of these financial statements
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4
Draft
For the year ended 31 December 2023
ORANGE SCISSORS LTD
Notes to the Financial Statements
Statutory Information
ORANGE SCISSORS LTD is a private limited company, limited by shares, domiciled in England and Wales,
registration number 07853487.
Registered address:
60 GRESHAM STREET
LONDON
EC2V 7BB
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the aggregate net gain in the year, realised or unrealised, which arose from the company's dealings in securities.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account.
2. Trade and other receivables
2022
2023
£
£
Amounts owed by group undertakings and participating interests
2,001,953
4,030,715
Other debtors
1,102,903
1,525,443
5,556,158
3,104,856
3. Financial instruments at fair value
2022
2023
£
£
Other investments
763,202
1,291,420
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
2,652
2,945
Amounts owed to group undertaking and undertaking in which the
company has a participating interest
32,965
52,965
Other creditors
3,202
4,800
38,819
60,710
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5
Draft
For the year ended 31 December 2023
ORANGE SCISSORS LTD
Notes to the Financial Statements Continued
5. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
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