Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 7 June 2022 false 1 July 2023 30 June 2024 30 June 2024 14155091 Mr Paul ROSSITER iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14155091 2023-06-30 14155091 2024-06-30 14155091 2023-07-01 2024-06-30 14155091 frs-core:CurrentFinancialInstruments 2024-06-30 14155091 frs-core:ShareCapital 2024-06-30 14155091 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 14155091 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 14155091 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 14155091 frs-bus:SmallEntities 2023-07-01 2024-06-30 14155091 frs-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 14155091 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 14155091 frs-bus:Director1 2023-07-01 2024-06-30 14155091 frs-countries:EnglandWales 2023-07-01 2024-06-30 14155091 2022-06-06 14155091 2023-06-30 14155091 2022-06-07 2023-06-30 14155091 frs-core:CurrentFinancialInstruments 2023-06-30 14155091 frs-core:ShareCapital 2023-06-30 14155091 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 14155091
Oremcs Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Anderson Ross Accounting & Tax Ltd
G-05 Davenport House
16 Pepper Street
London
E14 9RP
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountants' Report
Report to the director on the preparation of the unaudited statutory accounts of Oremcs Ltd for the year ended 30 June 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Oremcs Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Oremcs Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Oremcs Ltd and state those matters that we have agreed to state to the director of Oremcs Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Oremcs Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Oremcs Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Oremcs Ltd . You consider that Oremcs Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Oremcs Ltd . 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 financial statements.
Signed
Anderson Ross Accounting & Tax Ltd
19 February 2025
Anderson Ross Accounting & Tax Ltd
G-05 Davenport House
16 Pepper Street
London
E14 9RP
Page 1
Page 2
Balance Sheet
Registered number: 14155091
30 June 2024 30 June 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 - 26,112
Cash at bank and in hand 35,414 79,867
35,414 105,979
Creditors: Amounts Falling Due Within One Year 5 (18,706 ) (71,833 )
NET CURRENT ASSETS (LIABILITIES) 16,708 34,146
TOTAL ASSETS LESS CURRENT LIABILITIES 16,708 34,146
NET ASSETS 16,708 34,146
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 16,608 34,046
SHAREHOLDERS' FUNDS 16,708 34,146
Page 2
Page 3
For the year ending 30 June 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 his 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
Mr Paul ROSSITER
Director
19 February 2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Oremcs Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14155091 . The registered office is G-05 Davenport House, 16 Pepper Street, London, E14 9RP.
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.
2.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Debtors
30 June 2024 30 June 2023
£ £
Due within one year
Trade debtors - 26,112
Page 4
Page 5
5. Creditors: Amounts Falling Due Within One Year
30 June 2024 30 June 2023
£ £
Corporation tax - 18,739
Accruals and deferred income 1,200 1,200
Director's loan account 17,506 51,894
18,706 71,833
6. Share Capital
30 June 2024 30 June 2023
£ £
Allotted, Called up and fully paid 100 100
7. Dividends
30 June 2024 30 June 2023
£ £
On equity shares:
Final dividend paid 7,000 42,000
8. Related Party Transactions
Included in creditors falling due within one year is an amount of £17,506 (2023: 51,894) owed to the director of the company. The loan is interest free.
Page 5