Ortu Solis Ltd 12543149 false 2024-05-01 2024-12-31 2024-12-31 The principal activity of the company is information technology consultancy services. Digita Accounts Production Advanced 6.30.9574.0 true 12543149 2024-05-01 2024-12-31 12543149 2024-12-31 12543149 core:CurrentFinancialInstruments 2024-12-31 12543149 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 12543149 bus:SmallEntities 2024-05-01 2024-12-31 12543149 bus:AuditExemptWithAccountantsReport 2024-05-01 2024-12-31 12543149 bus:FilletedAccounts 2024-05-01 2024-12-31 12543149 bus:SmallCompaniesRegimeForAccounts 2024-05-01 2024-12-31 12543149 bus:RegisteredOffice 2024-05-01 2024-12-31 12543149 bus:Director1 2024-05-01 2024-12-31 12543149 bus:PrivateLimitedCompanyLtd 2024-05-01 2024-12-31 12543149 countries:EnglandWales 2024-05-01 2024-12-31 12543149 2023-05-01 2024-04-30 12543149 2024-04-30 12543149 core:CurrentFinancialInstruments 2024-04-30 12543149 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 iso4217:GBP xbrli:pure

Registration number: 12543149

Ortu Solis Ltd

Annual Report and Unaudited Financial Statements

for the Period from 1 May 2024 to 31 December 2024

 

Ortu Solis Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Ortu Solis Ltd

(Registration number: 12543149)
Balance Sheet as at 31 December 2024

Note

31 December
2024
£

30 April
2024
£

Current assets

 

Debtors

4

13

8,694

Cash at bank and in hand

 

5,371

8,423

 

5,384

17,117

Creditors: Amounts falling due within one year

5

(2,491)

(9,083)

Net assets

 

2,893

8,034

Capital and reserves

 

Called up share capital

100

100

Retained earnings

2,793

7,934

Shareholders' funds

 

2,893

8,034

For the financial period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 27 February 2025
 

.........................................
I J Simpson
Director

 

Ortu Solis Ltd

Notes to the Unaudited Financial Statements for the Period from 1 May 2024 to 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of information technology consultancy services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises.

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 taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Ortu Solis Ltd

Notes to the Unaudited Financial Statements for the Period from 1 May 2024 to 31 December 2024

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2024 - 1).

4

Debtors

Current

31 December
2024
£

30 April
2024
£

Trade debtors

-

7,036

Prepayments

-

40

Other debtors

13

1,618

 

13

8,694

5

Creditors

Creditors: amounts falling due within one year

31 December
2024
£

30 April
2024
£

Due within one year

Taxation and social security

1,149

6,882

Other creditors

1,342

2,201

2,491

9,083

6

Related party transactions

Other transactions with the director

During the year I J Simpson had a loan with the company. At the balance sheet date the amount due to I J Simpson was £166 (2024: £82).