Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-29The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.22023-03-01No description of principal activityfalsetrue2falsefalse 04383687 2023-03-01 2024-02-29 04383687 2022-03-01 2023-02-28 04383687 2024-02-29 04383687 2023-02-28 04383687 c:Director1 2023-03-01 2024-02-29 04383687 d:OtherPropertyPlantEquipment 2023-03-01 2024-02-29 04383687 d:OtherPropertyPlantEquipment 2024-02-29 04383687 d:OtherPropertyPlantEquipment 2023-02-28 04383687 d:CurrentFinancialInstruments 2024-02-29 04383687 d:CurrentFinancialInstruments 2023-02-28 04383687 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 04383687 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 04383687 d:ShareCapital 2024-02-29 04383687 d:ShareCapital 2023-02-28 04383687 d:RetainedEarningsAccumulatedLosses 2024-02-29 04383687 d:RetainedEarningsAccumulatedLosses 2023-02-28 04383687 c:OrdinaryShareClass1 2023-03-01 2024-02-29 04383687 c:OrdinaryShareClass1 2024-02-29 04383687 c:OrdinaryShareClass3 2023-03-01 2024-02-29 04383687 c:OrdinaryShareClass3 2024-02-29 04383687 c:FRS102 2023-03-01 2024-02-29 04383687 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 04383687 c:FullAccounts 2023-03-01 2024-02-29 04383687 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 04383687 e:PoundSterling 2023-03-01 2024-02-29 04383687 d:EntityControlledByKeyManagementPersonnel1 2023-03-01 2024-02-29 04383687 d:EntityControlledByKeyManagementPersonnel1 2024-02-29 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 04383687









ORINT LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
ORINT LIMITED
REGISTERED NUMBER: 04383687

STATEMENT OF FINANCIAL POSITION
AS AT 29 FEBRUARY 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
25,123
27,879

  
25,123
27,879

Creditors: amounts falling due within one year
 6 
(2,178)
(4,934)

Net current assets
  
 
 
22,945
 
 
22,945

Total assets less current liabilities
  
22,945
22,945

  

Net assets
  
22,945
22,945


Capital and reserves
  

Called up share capital 
 7 
5,050
5,050

Profit and loss account
  
17,895
17,895

  
22,945
22,945


Page 1

 
ORINT LIMITED
REGISTERED NUMBER: 04383687
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 29 FEBRUARY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 25 November 2024.




R J Osborn
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
ORINT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

Orint Limited is a company limited by shares, incorporated in England and Wales. The address of the registered office is 3 Brook Business Centre, Cowley Mill Road, Uxbridge, Middlesex, UB8 2FX.
The company is dormant.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006, and on the assumption that the company is a going concern.

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors have the intention of liquidating the company. Accordingly, the going concern basis of accounting is not appropriate, and the financial statements have been preprared on a basis other than going concern.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:
Rendering of services
Revenue from a contract to provide services is recognised in the year in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
• the amount of revenue can be measured reliably;
• it is probable that the Company will receive the consideration due under the contract;
• the stage of completion of the contract at the reporting date can be measured reliably; and
• the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Finance costs

Finance costs are charged to the Statement of comprehensive income over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
ORINT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Other fixed assets
-
33% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of comprehensive income.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Taxation

Tax is recognised in the Statement of comprehensive income except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Page 4

 
ORINT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Tangible fixed assets







Other fixed assets

£



Cost 


At 1 March 2023
22,789



At 29 February 2024

22,789



Depreciation


At 1 March 2023
22,789



At 29 February 2024

22,789



Net book value



At 29 February 2024
-



At 28 February 2023
-

Page 5

 
ORINT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

5.


Debtors

2024
2023
£
£


Other debtors
25,123
27,879

25,123
27,879



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
-
4,934

Accruals and deferred income
2,178
-

2,178
4,934



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



5,000 Ordinary shares of £1 each
5,000
5,000
50 Ordinary 'C' shares of £1 each
50
50

5,050

5,050

The Ordinary and Ordinary 'C' shares are separate classes of shares for the purpose of declaring dividends. The Ordinary 'C' shares carry no voting rights.
Except for the above, the Ordinary shares and Ordinary 'C' shares rank pari passu in all other respects.


Page 6

 
ORINT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

8.


Related party transactions

During the year, the company invoiced management charges of £Nil (2023 - £48,000) to a company
under common control. In addition, the company settled costs on its behalf of £Nil (
2023 - £3,956), and
received amounts totalling £2,756 (
2023 - £6,649).
 
At the year end, the amount due from this related party was £25,123 (2023 - £27,879).

9.


Controlling party

The company is controlled by R J Osborn by virtue of his majority shareholding.

 
Page 7