Caseware UK (AP4) 2023.0.135 2023.0.135 true2023-02-01falseNo description of principal activity11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 00846323 2023-02-01 2024-01-31 00846323 2022-02-01 2023-01-31 00846323 2024-01-31 00846323 2023-01-31 00846323 c:Director1 2023-02-01 2024-01-31 00846323 d:Buildings 2024-01-31 00846323 d:Buildings 2023-01-31 00846323 d:Buildings d:ShortLeaseholdAssets 2023-02-01 2024-01-31 00846323 d:CurrentFinancialInstruments 2024-01-31 00846323 d:CurrentFinancialInstruments 2023-01-31 00846323 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 00846323 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 00846323 d:ShareCapital 2024-01-31 00846323 d:ShareCapital 2023-01-31 00846323 d:RevaluationReserve 2024-01-31 00846323 d:RevaluationReserve 2023-01-31 00846323 d:OtherMiscellaneousReserve 2024-01-31 00846323 d:OtherMiscellaneousReserve 2023-01-31 00846323 d:RetainedEarningsAccumulatedLosses 2023-02-01 2024-01-31 00846323 d:RetainedEarningsAccumulatedLosses 2024-01-31 00846323 d:RetainedEarningsAccumulatedLosses 2023-01-31 00846323 c:FRS102 2023-02-01 2024-01-31 00846323 c:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 00846323 c:FullAccounts 2023-02-01 2024-01-31 00846323 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 00846323 2 2023-02-01 2024-01-31 00846323 5 2023-02-01 2024-01-31 00846323 6 2023-02-01 2024-01-31 00846323 1 2024-01-31 00846323 2 2024-01-31 00846323 1 2023-01-31 00846323 2 2023-01-31 00846323 f:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 00846323










Aorangi Limited








Unaudited

Financial statements

For the Year Ended 31 January 2024

 
Aorangi Limited
 
  
Chartered accountants' report to the director on the preparation of the unaudited statutory financial statements of Aorangi Limited for the Year Ended 31 January 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Aorangi Limited for the year ended 31 January 2024 which comprise  the balance sheet and the related notes from the Company accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/ members/regulations-standards-and-guidance/.

This report is made solely to the director of Aorangi Limited in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Aorangi Limited and state those matters that we have agreed to state to the director of Aorangi Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Aorangi Limited and its director for our work or for this report. 

It is your duty to ensure that Aorangi Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit or loss of Aorangi Limited. You consider that Aorangi Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Aorangi Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  




Kreston Reeves LLP
Chartered Accountants
2nd Floor
168 Shoreditch High Street
London
E1 6RA
18 November 2024
Page 1

 
Aorangi Limited
Registered number: 00846323

Balance sheet
As at 31 January 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
375,892
375,892

Investments
 5 
69,133
69,155

  
445,025
445,047

Current assets
  

Debtors: amounts falling due within one year
 6 
263,160
256,620

Cash at bank and in hand
 7 
441,455
457,441

  
704,615
714,061

Creditors: amounts falling due within one year
 8 
(62,710)
(62,710)

Net current assets
  
 
 
641,905
 
 
651,351

Total assets less current liabilities
  
1,086,930
1,096,398

  

Net assets
  
1,086,930
1,096,398


Capital and reserves
  

Called up share capital 
  
100
100

Revaluation reserve
 9 
290,068
290,068

Other reserves
 9 
100,615
100,615

Profit and loss account
 9 
696,147
705,615

  
1,086,930
1,096,398


The director considers 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 director acknowledges her 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 sole director and were signed on  behalf 18 November 2024.



Ms M Cohen
Director

Page 2

 
Aorangi Limited
 

 
Notes to the financial statements
For the Year Ended 31 January 2024

1.


General information

Aorangi Limited (the Company) is a limited company incorporated and domiciled in the United Kingdom.  The address of its registered office and principal place of business are disclosed on the company information page. The principal activity of the company is property and security investment.

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.
The preparation of financial statements in compliance with FRS 102 Section 1A requires the use of certain accounting estimates. It also requires management to exercise judgement in applying the Company accounting policies.

The following principal accounting policies have been applied:

 
2.2

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.

 
2.3

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 provided on the following basis:

S/Term Leasehold Property
-
20
years

 
2.4

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

 
2.5

Valuation of investments

Fixed asset investments, comprising both listed and unlisted investments. Listed investments are valued at their middle market value price at the balance sheet date as published by recognised sources. Unlisted investments are stated at cost less provision for impairment.

Page 3

 
Aorangi Limited
 

 
Notes to the financial statements
For the Year Ended 31 January 2024

2.Accounting policies (continued)

 
2.6

Debtors

Short term debtors are measured at transaction price, 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.

 
2.8

Creditors

Short term creditors are measured at the transaction price. 

 
2.9

Interest income

Interest income is recognised in profit or loss using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
Aorangi Limited
 

 
Notes to the financial statements
For the Year Ended 31 January 2024

4.


Tangible fixed assets





Land and buildings

£



Cost or valuation


At 1 February 2023
382,874



At 31 January 2024

382,874



Depreciation


At 1 February 2023
6,982



At 31 January 2024

6,982



Net book value



At 31 January 2024
375,892



At 31 January 2023
375,892

At 31 January 2024, included within the net book value of land and buildings is £375,792 (2023: £375,792) relating to freehold land and buildings and £100 (2023: £100) relating to short term leasehold land and buildings.


5.


Fixed asset investments





Listed investments
Unlisted investments
Total

£
£
£



Cost or valuation


At 1 February 2023
4,271
68,900
73,171



At 31 January 2024

4,271
68,900
73,171



Impairment


At 1 February 2023
4,016
-
4,016


Charge for the period
22
-
22



At 31 January 2024

4,038
-
4,038



Net book value



At 31 January 2024
233
68,900
69,133



At 31 January 2023
255
68,900
69,155

Page 5

 
Aorangi Limited
 

 
Notes to the financial statements
For the Year Ended 31 January 2024

6.


Debtors

2024
2023
£
£


Other debtors
263,160
256,620

263,160
256,620



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
441,455
457,441

441,455
457,441



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
57,610
57,610

Accruals and deferred income
5,100
5,100

62,710
62,710



9.


Reserves

Profit & loss account

This reserve comprises all current and prior period retained profits and losses after deducting any distributions.
Share capital
This represents the nominal value of shares that have been issued by the company. 


10.


Related party transactions

During the year The company paid expenses of £6,540 (2023: £3,540) on behalf of Newminster Securities Limited, a company under common control, 
At the year end there was a balance due from Newminster Securities Limited of £263,160 (2023: £256,620).


11.


Controlling party

The ultimate controlling party is Ms M Cohen.


Page 6