Caseware UK (AP4) 2024.0.164 2024.0.164 2023-11-01falseActivities of other holding companies not elsewhere classified.11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false NI683393 2023-11-01 2024-08-31 NI683393 2022-11-01 2023-10-31 NI683393 2024-08-31 NI683393 2023-10-31 NI683393 c:Director1 2023-11-01 2024-08-31 NI683393 d:CurrentFinancialInstruments 2024-08-31 NI683393 d:CurrentFinancialInstruments 2023-10-31 NI683393 d:Non-currentFinancialInstruments 2024-08-31 NI683393 d:Non-currentFinancialInstruments 2023-10-31 NI683393 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 NI683393 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 NI683393 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 NI683393 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 NI683393 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-08-31 NI683393 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-10-31 NI683393 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-08-31 NI683393 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-10-31 NI683393 d:ShareCapital 2024-08-31 NI683393 d:ShareCapital 2023-10-31 NI683393 d:SharePremium 2023-11-01 2024-08-31 NI683393 d:SharePremium 2024-08-31 NI683393 d:SharePremium 2023-10-31 NI683393 d:RetainedEarningsAccumulatedLosses 2023-11-01 2024-08-31 NI683393 d:RetainedEarningsAccumulatedLosses 2024-08-31 NI683393 d:RetainedEarningsAccumulatedLosses 2023-10-31 NI683393 c:OrdinaryShareClass1 2023-11-01 2024-08-31 NI683393 c:OrdinaryShareClass1 2024-08-31 NI683393 c:OrdinaryShareClass1 2023-10-31 NI683393 c:FRS102 2023-11-01 2024-08-31 NI683393 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-08-31 NI683393 c:FullAccounts 2023-11-01 2024-08-31 NI683393 c:PrivateLimitedCompanyLtd 2023-11-01 2024-08-31 NI683393 2 2023-11-01 2024-08-31 NI683393 6 2023-11-01 2024-08-31 NI683393 e:PoundSterling 2023-11-01 2024-08-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: NI683393










Orby Capital Ltd








Unaudited

Financial statements

Information for filing with the registrar

For the Period Ended 31 August 2024

 
Orby Capital Ltd
Registered number: NI683393

Balance Sheet
As at 31 August 2024

31 August
31 October
2024
2023
Note
£
£

Fixed assets
  

Investments
 5 
26,825,630
26,705,640

  
26,825,630
26,705,640

Current assets
  

Debtors: amounts falling due after more than one year
 6 
15,761,296
17,835,469

Debtors: amounts falling due within one year
 6 
1,145,857
645,591

Cash at bank and in hand
 7 
610,731
385,156

  
17,517,884
18,866,216

Creditors: amounts falling due within one year
 8 
(381,633)
(584,355)

Net current assets
  
 
 
17,136,251
 
 
18,281,861

Total assets less current liabilities
  
43,961,881
44,987,501

Creditors: amounts falling due after more than one year
 9 
(8,944,000)
(10,780,000)

  

Net assets
  
35,017,881
34,207,501


Capital and reserves
  

Called up share capital 
  
1,044
1,044

Share premium account
 12 
23,722,622
23,722,622

Profit and loss account
 12 
11,294,215
10,483,835

  
35,017,881
34,207,501


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Orby Capital Ltd
Registered number: NI683393

Balance Sheet (continued)
As at 31 August 2024

The director considers 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 period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 comprehensive income 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 30 April 2025.




Mr D Calvert
Director

The notes on pages 3 to 7 form part of these financial statements.

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Orby Capital Ltd
 

 
Notes to the Financial Statements
For the Period Ended 31 August 2024

1.


General information

The company is a private limited company and is domiciled in the United Kingdom. The address of its registered office is 20 Orby Link, Belfast, Antrim, United Kingdom, BT5 5HU. The Company's principal activity during the financial year was that of an investment company.


2.


Period of financial statements

The financial statements are for the 10 month period ended 31 August 2024.

3.Accounting policies

 
3.1

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
3.2

Going concern

The directors have assessed that there are adequate resources to meet the ongoing costs of the business for a minimum of 12 months from the date of signing the financial statements. For this reason the financial statements have been prepared on a going concern basis which presumes the realisation of assets and liabilities in the normal course of business. 

 
3.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
3.4

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.

 
3.5

Borrowing costs

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

 
3.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
3.7

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

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Orby Capital Ltd
 

 
Notes to the Financial Statements
For the Period Ended 31 August 2024

3.Accounting policies (continued)

 
3.8

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.

 
3.9

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.

 
3.10

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.

 
3.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


4.


Employees




The average monthly number of employees, including directors, during the period was 1 (2023 - 1).


5.


Fixed asset investments








Investments in subsidiary companies
Investments in associates
Total

£
£
£



Cost or valuation


At 1 November 2023
2,662,454
24,043,186
26,705,640


Additions
-
119,990
119,990



At 31 August 2024
2,662,454
24,163,176
26,825,630




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Orby Capital Ltd
 

 
Notes to the Financial Statements
For the Period Ended 31 August 2024

6.


Debtors

31 August
31 October
2024
2023
£
£

Due after more than one year

Amounts owed by group undertakings
15,761,296
17,835,469

15,761,296
17,835,469


31 August
31 October
2024
2023
£
£

Due within one year

Amounts owed by group undertakings
1,064,936
255,699

Other debtors
1,008
1,828

Prepayments and accrued income
79,913
388,064

1,145,857
645,591



7.


Cash and cash equivalents

31 August
31 October
2024
2023
£
£

Cash at bank and in hand
610,731
385,156

610,731
385,156



8.


Creditors: Amounts falling due within one year

31 August
31 October
2024
2023
£
£

Bank loans
336,000
336,000

Accruals and deferred income
45,633
248,355

381,633
584,355


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Orby Capital Ltd
 

 
Notes to the Financial Statements
For the Period Ended 31 August 2024

9.


Creditors: Amounts falling due after more than one year

31 August
31 October
2024
2023
£
£

Bank loans
8,944,000
10,780,000

8,944,000
10,780,000


Bank loans are secured upon a charge over the shares and assets a subsidiary company.


10.


Loans


Analysis of the maturity of loans is given below:


31 August
31 October
2024
2023
£
£

Amounts falling due within one year

Bank loans

336,000
336,000

Amounts falling due 1-2 years

Bank loans

336,000
336,000

Amounts falling due 2-5 years

Bank loans

8,608,000
10,444,000


9,280,000
11,116,000



11.


Share capital

31 August
31 October
2024
2023
£
£
Allotted, called up and fully paid



1,044 (2023 - 1,044) Ordinary shares of £1.00 each
1,044
1,044


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Orby Capital Ltd
 

 
Notes to the Financial Statements
For the Period Ended 31 August 2024

12.


Reserves

Share premium account

Share premium represents the excess of the issue price over the par value on shares issued less any transaction costs arising on issue.

Profit and loss account

Includes all current and prior year retained profits and losses. 


13.


Related party transactions

There are no related party transactions that require disclosure.


14.


Controlling party

The director is deemed to be the ultimate controlling party by virtue of their shareholding.

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