Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-3022023-12-01false9truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11680283 2023-12-01 2024-11-30 11680283 2022-12-01 2023-11-30 11680283 2024-11-30 11680283 2023-11-30 11680283 2022-12-01 11680283 1 2023-12-01 2024-11-30 11680283 d:Director1 2023-12-01 2024-11-30 11680283 e:CurrentFinancialInstruments 2024-11-30 11680283 e:CurrentFinancialInstruments 2023-11-30 11680283 e:CurrentFinancialInstruments e:WithinOneYear 2024-11-30 11680283 e:CurrentFinancialInstruments e:WithinOneYear 2023-11-30 11680283 e:ShareCapital 2023-12-01 2024-11-30 11680283 e:ShareCapital 2024-11-30 11680283 e:ShareCapital 2022-12-01 2023-11-30 11680283 e:ShareCapital 2023-11-30 11680283 e:ShareCapital 2022-12-01 11680283 e:SharePremium 2023-12-01 2024-11-30 11680283 e:SharePremium 2024-11-30 11680283 e:SharePremium 1 2023-12-01 2024-11-30 11680283 e:SharePremium 2022-12-01 2023-11-30 11680283 e:SharePremium 2023-11-30 11680283 e:SharePremium 2022-12-01 11680283 e:OtherMiscellaneousReserve 2023-12-01 2024-11-30 11680283 e:OtherMiscellaneousReserve 2024-11-30 11680283 e:OtherMiscellaneousReserve 1 2023-12-01 2024-11-30 11680283 e:OtherMiscellaneousReserve 2022-12-01 2023-11-30 11680283 e:OtherMiscellaneousReserve 2023-11-30 11680283 e:OtherMiscellaneousReserve 2022-12-01 11680283 e:RetainedEarningsAccumulatedLosses 2023-12-01 2024-11-30 11680283 e:RetainedEarningsAccumulatedLosses 2024-11-30 11680283 e:RetainedEarningsAccumulatedLosses 1 2023-12-01 2024-11-30 11680283 e:RetainedEarningsAccumulatedLosses 2022-12-01 2023-11-30 11680283 e:RetainedEarningsAccumulatedLosses 2023-11-30 11680283 e:RetainedEarningsAccumulatedLosses 2022-12-01 11680283 d:OrdinaryShareClass1 2023-12-01 2024-11-30 11680283 d:OrdinaryShareClass1 2024-11-30 11680283 d:OrdinaryShareClass1 2023-11-30 11680283 d:FRS102 2023-12-01 2024-11-30 11680283 d:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 11680283 d:FullAccounts 2023-12-01 2024-11-30 11680283 d:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 11680283 e:ShareCapital 1 2023-12-01 2024-11-30 11680283 f:PoundSterling 2023-12-01 2024-11-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 11680283






ORION RIDGE CAPITAL LIMITED

UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 NOVEMBER 2024

 
ORION RIDGE CAPITAL LIMITED
REGISTERED NUMBER: 11680283

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
-
10,000

Cash at bank and in hand
 6 
161,135
80,128

  
161,135
90,128

Creditors: amounts falling due within one year
 7 
(2,914)
(2,914)

Net current assets
  
 
 
158,221
 
 
87,214

Total assets less current liabilities
  
158,221
87,214

  

Net assets
  
158,221
87,214


Capital and reserves
  

Called up share capital 
 8 
220
220

Share premium account
  
139,980
139,980

Capital contributions
  
698,575
-

Profit and loss account
  
(680,554)
(52,986)

  
158,221
87,214


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. 
 
Page 1

 
ORION RIDGE CAPITAL LIMITED
REGISTERED NUMBER: 11680283
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2024


The Company has opted not to file the statement of income and retained earnings 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 13 February 2025.




NT Karak
Director

The notes on pages 4 to 7 form part of these financial statements.

Page 2

 
ORION RIDGE CAPITAL LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 NOVEMBER 2024


Called up share capital
Share premium account
Capital contributions
Profit and loss account
Total equity

£
£
£
£
£


At 1 December 2022
220
139,980
-
(49,957)
90,243


Comprehensive income for the year

Loss for the year

-
-
-
(3,029)
(3,029)


Other comprehensive income for the year
-
-
-
-
-


Total comprehensive income for the year
-
-
-
(3,029)
(3,029)


Total transactions with owners
-
-
-
-
-



At 1 December 2023
220
139,980
-
(52,986)
87,214


Comprehensive income for the year

Loss for the year
-
-
-
(627,568)
(627,568)

Capital contributions
-
-
698,575
-
698,575
Total comprehensive income for the year
-
-
698,575
(627,568)
71,007


At 31 August 2024
-
-
-
-
-


At 31 August 2024
220
139,980
698,575
(680,554)
158,221


The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
ORION RIDGE CAPITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

Orion Ridge Capital Limited is a company limited by shares and incorporated in England and Wales. Its registerd office is 30 Orange Street, London, WC2H 7HF.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

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ORION RIDGE CAPITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
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 period 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 end of the reporting period 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 profit or loss 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.

 
2.5

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.

 
2.6

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.

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ORION RIDGE CAPITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

3.


Judgments in applying accounting policies and key sources of estimation uncertainty

In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.
The estimates and underlying assumptions are reviewed on an continuing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised.
There were no key judgements or estimation uncertainties in the application of the company's accounting policies during the period.


4.


Employees

2024
2023
£
£

Wages and salaries
486,276
-

Cost of defined contribution scheme
31,288
-

517,564
-


The average monthly number of employees, including directors, during the year was 9 (2023 - 2).


5.


Debtors

2024
2023
£
£


Other debtors
-
10,000

-
10,000



6.


Cash and cash equivalents

2024
2023
£
£

Bank and cash balances
161,135
80,128

161,135
80,128


Page 6

 
ORION RIDGE CAPITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Accruals
2,914
2,914

2,914
2,914



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



220 (2023 - 220) Ordinary shares of £1.00 each
220
220



9.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £31,288 (2023: £ nil) . 

 
Page 7