Caseware UK (AP4) 2024.0.164 2024.0.164 2024-04-302024-04-302023-05-01truefalseNo description of principal activity22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12696355 2023-05-01 2024-04-30 12696355 2022-05-01 2023-04-30 12696355 2024-04-30 12696355 2023-04-30 12696355 c:Director2 2023-05-01 2024-04-30 12696355 d:CurrentFinancialInstruments 2024-04-30 12696355 d:CurrentFinancialInstruments 2023-04-30 12696355 d:Non-currentFinancialInstruments 2024-04-30 12696355 d:Non-currentFinancialInstruments 2023-04-30 12696355 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 12696355 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 12696355 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 12696355 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 12696355 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-04-30 12696355 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-04-30 12696355 d:ShareCapital 2024-04-30 12696355 d:ShareCapital 2023-04-30 12696355 d:RetainedEarningsAccumulatedLosses 2024-04-30 12696355 d:RetainedEarningsAccumulatedLosses 2023-04-30 12696355 c:OrdinaryShareClass1 2023-05-01 2024-04-30 12696355 c:OrdinaryShareClass1 2024-04-30 12696355 c:OrdinaryShareClass1 2023-04-30 12696355 c:FRS102 2023-05-01 2024-04-30 12696355 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 12696355 c:FullAccounts 2023-05-01 2024-04-30 12696355 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 12696355 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 12696355









ORICON (BIRMINGHAM ROAD) LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
ORICON (BIRMINGHAM ROAD) LTD
REGISTERED NUMBER: 12696355

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
  
797,007
797,007

Debtors: amounts falling due within one year
 4 
12,100
100

Cash at bank and in hand
  
1,304
205,033

  
810,411
1,002,140

Creditors: amounts falling due within one year
 5 
(720)
(720)

Net current assets
  
 
 
809,691
 
 
1,001,420

Total assets less current liabilities
  
809,691
1,001,420

Creditors: amounts falling due after more than one year
 6 
(873,080)
(1,017,080)

  

Net liabilities
  
(63,389)
(15,660)


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
(63,489)
(15,760)

  
(63,389)
(15,660)


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 statement of income and retained earnings 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 on 28 April 2025.




Page 1

 
ORICON (BIRMINGHAM ROAD) LTD
REGISTERED NUMBER: 12696355
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

Poonam Karwal
Director

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

Page 2

 
ORICON (BIRMINGHAM ROAD) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

The Company is a private company, limited by shares, incorporated and domiciled in England within the United Kingdom, registration number 14048662. The Company's registered office is 95 Spencer Street, Birmingham, England, B18 6DA. 
The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1.

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 directors have have prepared the accounts on a going concern basis. 

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.6

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.

Page 3

 
ORICON (BIRMINGHAM ROAD) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.7

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.

 
2.8

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 2 (2023 - 2).

Page 4

 
ORICON (BIRMINGHAM ROAD) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Debtors

2024
2023
£
£


Other debtors
12,000
-

Called up share capital not paid
100
100

12,100
100



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Accruals and deferred income
720
720

720
720



6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
620,073
620,073

Other creditors
253,007
397,007

873,080
1,017,080



7.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£




Amounts falling due after more than 5 years

Bank loans
620,073
620,073

620,073
620,073

620,073
620,073


Page 5

 
ORICON (BIRMINGHAM ROAD) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



9.


Related party transactions

As at the balance sheet date, £Nil was due to the directors of the company. This loan is interest free and repayable on demand.

 
Page 6