ORKNEY LORA LTD

Company Registration Number:
SC724893 (Scotland)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

ORKNEY LORA LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

ORKNEY LORA LTD

Company Information

for the Period Ended 31 March 2024




Director: Christopher Kerslake
Registered office: The School House,
North Ronaldsay
Hollandstoun
Orkney
GBR
KW17 2BE
Company Registration Number: SC724893 (Scotland)

ORKNEY LORA LTD

Balance sheet

As at 31 March 2024


Notes

2024
£
13 months to
31 Mar 2023
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 4 80 592
Cash at bank and in hand: 0 120
Total current assets: 80 712
Creditors: amounts falling due within one year: 5 ( 779 ) ( 3,604 )
Net current assets (liabilities): ( 699 ) ( 2,892 )
Total assets less current liabilities: ( 699 ) ( 2,892 )
Creditors: amounts falling due after more than one year: 6 ( 2,791 ) ( 9,893 )
Provision for liabilities: ( 56 )
Total net assets (liabilities): ( 3,546 ) ( 12,785 )

The notes form part of these financial statements

ORKNEY LORA LTD

Balance sheet continued

As at 31 March 2024


Notes

2024
£
13 months to
31 Mar 2023
£
Capital and reserves
Called up share capital: 500 500
Profit and loss account: ( 4,046 ) ( 13,285 )
Shareholders funds: ( 3,546 ) ( 12,785 )

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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.

This report was approved by the board of directors on 4 December 2024
And Signed On Behalf Of The Board By:

Name: Christopher Kerslake
Status: Director

The notes form part of these financial statements

ORKNEY LORA LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ORKNEY LORA LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024
    13 months to
    31 Mar 2023
    Average number of employees during the period 1 1

ORKNEY LORA LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

ORKNEY LORA LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors


2024
£
13 months to
31 Mar 2023
£
Other debtors 80 592
Total 80 592

Undeposited funds

ORKNEY LORA LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5.Creditors: amounts falling due within one year note


2024
£
13 months to
31 Mar 2023
£
Bank loans and overdrafts 779
Other creditors 3,604
Total 779 3,604

AC153: Directors loans
AC142: Current account overdraft

ORKNEY LORA LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

6.Creditors: amounts falling due after more than one year


2024
£
13 months to
31 Mar 2023
£
Other creditors 2,791 9,893
Total 2,791 9,893

Directors loans, considered written off if company closes down.