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REGISTERED NUMBER: SC669322 (Scotland)















Unaudited Financial Statements For The Year Ended 31 July 2024

for

Orange Properties Glasgow Ltd

Orange Properties Glasgow Ltd (Registered number: SC669322)






Contents of the Financial Statements
For The Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Orange Properties Glasgow Ltd

Company Information
For The Year Ended 31 July 2024







DIRECTOR: A Singh





REGISTERED OFFICE: 32 Oldbar Crescent
Glasgow
G53 7AT





REGISTERED NUMBER: SC669322 (Scotland)





ACCOUNTANTS: Ahmad & Nabi Mcmullan
95-107 Lancefield Street
Glasgow
Lanarkshire
G3 8HZ

Orange Properties Glasgow Ltd (Registered number: SC669322)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 112,112 112,112

CURRENT ASSETS
Debtors 5 477 -
Cash at bank and in hand 12,394 20,272
12,871 20,272
CREDITORS
Amounts falling due within one year 6 119,573 120,381
NET CURRENT LIABILITIES (106,702 ) (100,109 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,410

12,003

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 5,310 11,903
SHAREHOLDERS' FUNDS 5,410 12,003

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 4 April 2025 and were signed by:





A Singh - Director


Orange Properties Glasgow Ltd (Registered number: SC669322)

Notes to the Financial Statements
For The Year Ended 31 July 2024

1. STATUTORY INFORMATION

Orange Properties Glasgow Ltd is a private company, limited by shares , registered in Scotland. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 August 2023
and 31 July 2024 112,112
NET BOOK VALUE
At 31 July 2024 112,112
At 31 July 2023 112,112

Orange Properties Glasgow Ltd (Registered number: SC669322)

Notes to the Financial Statements - continued
For The Year Ended 31 July 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
VAT 477 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Tax - 2,230
VAT - 1,732
OAK Yards 30,050 30,050
SAI Kits 15,500 15,500
Ashish Kundra 14,500 14,500
Directors' current accounts 57,939 55,229
Accrued expenses 1,584 1,140
119,573 120,381

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
100 Ordinary £1 100 100

8. RESERVES
Retained
earnings
£   

At 1 August 2023 11,903
Deficit for the year (6,593 )
At 31 July 2024 5,310