Company Registration No. 12112310 (England and Wales)
Orsecho Aspinall Limited
Unaudited accounts
for the year ended 31 May 2024
Orsecho Aspinall Limited
Unaudited accounts
Contents
Orsecho Aspinall Limited
Company Information
for the year ended 31 May 2024
Company Number
12112310 (England and Wales)
Registered Office
Tower Court
Armley Road
Leeds
LS12 2LY
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
Orsecho Aspinall Limited
Accountants' report
Accountants' report to the director of Orsecho Aspinall Limited on the preparation of the unaudited statutory accounts for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Orsecho Aspinall Limited for the year ended
31 May 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Orsecho Aspinall Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Orsecho Aspinall Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Orsecho Aspinall Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Orsecho Aspinall Limited 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 of Orsecho Aspinall Limited. You consider that Orsecho Aspinall Limited 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 Orsecho Aspinall 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 accounts.
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
21 February 2025
Orsecho Aspinall Limited
Statement of financial position
as at 31 May 2024
Investment property
297,500
-
Cash at bank and in hand
26,338
10,704
Creditors: amounts falling due within one year
(315,212)
(17,221)
Net current (liabilities)/assets
(288,552)
2,325
Called up share capital
10
10
Profit and loss account
8,938
2,315
Shareholders' funds
8,948
2,325
For the year ending 31 May 2024 the company was entitled to exemption from audit 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 February 2025 and were signed on its behalf by
Michael Aspinall
Director
Company Registration No. 12112310
Orsecho Aspinall Limited
Notes to the Accounts
for the year ended 31 May 2024
Orsecho Aspinall Limited is a private company, limited by shares, registered in England and Wales, registration number 12112310. The registered office is Tower Court, Armley Road, Leeds, LS12 2LY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 May 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,034
543
Other creditors
313,728
16,228
Orsecho Aspinall Limited
Notes to the Accounts
for the year ended 31 May 2024
7
Transactions with related parties
In the period the business received a loan of £313,728 (£16,228 - 2023) from NPP Homes Limited, a related company. All loans are interest free and repayable on demand.
NPP Homes Limited, Tower Court, Armley Road, LS12 2LY
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).