Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 28 February 2022 false 1 March 2023 29 February 2024 29 February 2024 SC724569 Mrs Wendy Polatajko iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC724569 2023-02-28 SC724569 2024-02-29 SC724569 2023-03-01 2024-02-29 SC724569 frs-core:CurrentFinancialInstruments 2024-02-29 SC724569 frs-core:ComputerEquipment 2024-02-29 SC724569 frs-core:ComputerEquipment 2023-03-01 2024-02-29 SC724569 frs-core:ComputerEquipment 2023-02-28 SC724569 frs-core:FurnitureFittings 2024-02-29 SC724569 frs-core:FurnitureFittings 2023-03-01 2024-02-29 SC724569 frs-core:FurnitureFittings 2023-02-28 SC724569 frs-core:ShareCapital 2024-02-29 SC724569 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 SC724569 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 SC724569 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 SC724569 frs-bus:SmallEntities 2023-03-01 2024-02-29 SC724569 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 SC724569 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 SC724569 frs-bus:Director1 2023-03-01 2024-02-29 SC724569 frs-countries:Scotland 2023-03-01 2024-02-29 SC724569 2022-02-27 SC724569 2023-02-28 SC724569 2022-02-28 2023-02-28 SC724569 frs-core:CurrentFinancialInstruments 2023-02-28 SC724569 frs-core:ShareCapital 2023-02-28 SC724569 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: SC724569
Orenda Wellbeing Org Ltd
Unaudited Financial Statements
For The Year Ended 29 February 2024
Douglas Briggs FCCA, FMAAT
62 Wellesley Road
Methil
Leven
Fife
KY8 3AF
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC724569
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 899 899
899 899
CURRENT ASSETS
Stocks 5 323 250
Cash at bank and in hand 13,978 12,058
14,301 12,308
Creditors: Amounts Falling Due Within One Year 6 (14,833 ) (17,404 )
NET CURRENT ASSETS (LIABILITIES) (532 ) (5,096 )
TOTAL ASSETS LESS CURRENT LIABILITIES 367 (4,197 )
NET ASSETS/(LIABILITIES) 367 (4,197 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 366 (4,198 )
SHAREHOLDERS' FUNDS 367 (4,197)
For the year ending 29 February 2024 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 her 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
Mrs Wendy Polatajko
Director
24/11/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Orenda Wellbeing Org Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC724569 . The registered office is Unit 2 High Street, Kirkcaldy, KY1 1QF.
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:
Fixtures & Fittings Straight Line over 3 years
Computer Equipment Straight Line over 3 years
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 March 2023 500 850 1,350
As at 29 February 2024 500 850 1,350
Depreciation
As at 1 March 2023 167 284 451
As at 29 February 2024 167 284 451
Net Book Value
As at 29 February 2024 333 566 899
As at 1 March 2023 333 566 899
Page 2
Page 3
5. Stocks
2024 2023
£ £
Finished goods 323 250
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 850 850
Director's loan account 13,983 16,554
14,833 17,404
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 3