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REGISTERED NUMBER: 08036160 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

ORG HOLDINGS LIMITED

ORG HOLDINGS LIMITED (REGISTERED NUMBER: 08036160)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ORG HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: J George
Mrs R George





REGISTERED OFFICE: 467 Rainham Road South
Dagenham
Essex
RM10 7XJ





REGISTERED NUMBER: 08036160 (England and Wales)





ACCOUNTANTS: Pickering Evennett Limited
467 Rainham Road South
Dagenham
Essex
RM10 7XJ

ORG HOLDINGS LIMITED (REGISTERED NUMBER: 08036160)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,040,091 1,041,698
Investments 5 160 160
1,040,251 1,041,858

CURRENT ASSETS
Debtors 6 1,672,798 1,510,620
Cash at bank 14,289 839,377
1,687,087 2,349,997
CREDITORS
Amounts falling due within one year 7 1,082,793 1,088,965
NET CURRENT ASSETS 604,294 1,261,032
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,644,545

2,302,890

CREDITORS
Amounts falling due after more than one
year

8

584,586

641,586
NET ASSETS 1,059,959 1,661,304

CAPITAL AND RESERVES
Called up share capital 190 190
Retained earnings 1,059,769 1,661,114
SHAREHOLDERS' FUNDS 1,059,959 1,661,304

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ORG HOLDINGS LIMITED (REGISTERED NUMBER: 08036160)

BALANCE SHEET - continued
30 APRIL 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 February 2025 and were signed on its behalf by:





J George - Director


ORG HOLDINGS LIMITED (REGISTERED NUMBER: 08036160)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

ORG Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

ORG HOLDINGS LIMITED (REGISTERED NUMBER: 08036160)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023 1,233,368 30,333 1,263,701
Additions - 23,060 23,060
At 30 April 2024 1,233,368 53,393 1,286,761
DEPRECIATION
At 1 May 2023 222,003 - 222,003
Charge for year 24,667 - 24,667
At 30 April 2024 246,670 - 246,670
NET BOOK VALUE
At 30 April 2024 986,698 53,393 1,040,091
At 30 April 2023 1,011,365 30,333 1,041,698

The Directors have not classified the property as an investment property, based on the property is rented out exclusively to its subsidiary company and used in its business of meat wholesale for production and storage facilities.

5. FIXED ASSET INVESTMENTS

During the year the company sold 20% of its investment in its subsidiary.

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Amounts owed by group undertakings 112,709 99,844
Other debtors 1,010,089 860,776
1,122,798 960,620

Amounts falling due after more than one year:
Other debtors 550,000 550,000

Aggregate amounts 1,672,798 1,510,620

ORG HOLDINGS LIMITED (REGISTERED NUMBER: 08036160)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 56,664 56,664
Trade creditors (1 ) -
Amounts owed to group undertakings 987,210 831,179
Taxation and social security 31,923 64,078
Other creditors 6,997 137,044
1,082,793 1,088,965

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 584,586 641,586

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 357,930 414,930

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 641,250 698,250

Debenture on all assets of the company
Legal charge on 27-29 Fowler Road, Hainault, IG6 3UT

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2024 and 30 April 2023:

2024 2023
£    £   
J George and Mrs R George
Balance outstanding at start of year 550,000 419,553
Amounts advanced 132,720 130,447
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 682,720 550,000

The overdrawn loan account in excess of the agreed loan has been repaid.

ORG HOLDINGS LIMITED (REGISTERED NUMBER: 08036160)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr & Mrs George.