Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-31false2023-09-01No description of principal activity00truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10310362 2023-09-01 2024-08-31 10310362 2022-09-01 2023-08-31 10310362 2024-08-31 10310362 2023-08-31 10310362 c:Director1 2023-09-01 2024-08-31 10310362 d:FreeholdInvestmentProperty 2024-08-31 10310362 d:FreeholdInvestmentProperty 2023-08-31 10310362 d:CurrentFinancialInstruments 2024-08-31 10310362 d:CurrentFinancialInstruments 2023-08-31 10310362 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 10310362 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 10310362 d:ShareCapital 2024-08-31 10310362 d:ShareCapital 2023-08-31 10310362 d:RetainedEarningsAccumulatedLosses 2024-08-31 10310362 d:RetainedEarningsAccumulatedLosses 2023-08-31 10310362 c:OrdinaryShareClass1 2023-09-01 2024-08-31 10310362 c:OrdinaryShareClass1 2024-08-31 10310362 c:OrdinaryShareClass1 2023-08-31 10310362 c:OrdinaryShareClass2 2023-09-01 2024-08-31 10310362 c:OrdinaryShareClass2 2024-08-31 10310362 c:OrdinaryShareClass2 2023-08-31 10310362 c:FRS102 2023-09-01 2024-08-31 10310362 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 10310362 c:FullAccounts 2023-09-01 2024-08-31 10310362 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 10310362 6 2023-09-01 2024-08-31 10310362 e:PoundSterling 2023-09-01 2024-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10310362










ORAMA MANAGEMENT SOLUTIONS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
ORAMA MANAGEMENT SOLUTIONS LIMITED
REGISTERED NUMBER: 10310362

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
25,000
25,000

Investment property
 5 
450,000
450,000

  
475,000
475,000

Current assets
  

Debtors: amounts falling due within one year
 6 
-
84,083

Cash at bank and in hand
 7 
103
2,013

  
103
86,096

Creditors: amounts falling due within one year
 8 
(434,162)
(523,789)

Net current liabilities
  
 
 
(434,059)
 
 
(437,693)

Total assets less current liabilities
  
40,941
37,307

  

Net assets
  
40,941
37,307


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
40,841
37,207

  
40,941
37,307


Page 1

 
ORAMA MANAGEMENT SOLUTIONS LIMITED
REGISTERED NUMBER: 10310362
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024

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.

The Company has opted not to file the profit and loss account 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 by: 




Mr A M J Cracknell
Director

Date: 25 March 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
ORAMA MANAGEMENT SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Orama Management Solutions Limited, 10310362, is a private limited company, limited by shares, incorporated in England and Wales, with a registered office address at Belmont House, Shrewsbury, Shropshire, SY2 6LG and its principal place of business 11 Greyfriar, Chester, Cheshire, CH1 2NW .

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.

The following principal accounting policies have been applied:

 
2.2

Going concern

The accounts have been prepared on a going concern basis on the understanding that the company will be supported by the directors.

 
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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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.

Page 3

 
ORAMA MANAGEMENT SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.6

Valuation of investments

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

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.

 
2.9

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 0 (2023 - 0).

Page 4

 
ORAMA MANAGEMENT SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

4.


Fixed asset investments





Listed investments

£



Cost or valuation


At 1 September 2023
25,000



At 31 August 2024
25,000





5.


Investment property


Freehold investment property

£



Valuation


At 1 September 2023
450,000



At 31 August 2024
450,000

The 2024 valuations were made by the directors, on an open market value for existing use basis.



At 31 August 2024



If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2024
2023
£
£


Historic cost
450,000
450,000

450,000
450,000

Page 5

 
ORAMA MANAGEMENT SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

6.


Debtors

2024
2023
£
£


Amounts owed by joint ventures and associated undertakings
-
84,083

-
84,083



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
103
2,013

103
2,013



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
852
584

Other creditors
431,480
520,530

Accruals and deferred income
1,830
2,675

434,162
523,789



9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



50 (2023 - 50) Ordinary A shares of £1.00 each
50
50
50 (2023 - 50) Ordinary B shares of £1.00 each
50
50

100

100


Page 6