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REGISTERED NUMBER: 12948977 (England and Wales)


Orange Correct Solutions Limited

Unaudited Financial Statements

for the Year Ended 30 June 2024






Orange Correct Solutions Limited (Registered number: 12948977)






Contents of the Financial Statements
for the year ended 30 June 2024




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Orange Correct Solutions Limited

Company Information
for the year ended 30 June 2024







DIRECTOR: Mr A R Erdogan





REGISTERED OFFICE: 239-241 Kennington Lane
London
SE11 5QU





REGISTERED NUMBER: 12948977 (England and Wales)





ACCOUNTANTS: Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Orange Correct Solutions Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Orange Correct Solutions Limited for the year ended 30 June 2024 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Orange Correct Solutions Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Orange Correct Solutions Limited and state those matters that we have agreed to state to the director of Orange Correct Solutions Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Orange Correct Solutions Limited and its director for our work or for this report.

It is your duty to ensure that Orange Correct Solutions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Orange Correct Solutions Limited. You consider that Orange Correct Solutions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Orange Correct Solutions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU


11 May 2025

Orange Correct Solutions Limited (Registered number: 12948977)

Statement of Financial Position
30 June 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,348 1,685

CURRENT ASSETS
Debtors 5 60 60
Cash at bank and in hand 226 152
286 212
CREDITORS
Amounts falling due within one year 6 5,592 6,132
NET CURRENT LIABILITIES (5,306 ) (5,920 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,958

)

(4,235

)

PROVISIONS FOR LIABILITIES 7 256 125
NET LIABILITIES (4,214 ) (4,360 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 (4,314 ) (4,460 )
SHAREHOLDERS' FUNDS (4,214 ) (4,360 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Orange Correct Solutions Limited (Registered number: 12948977)

Statement of Financial Position - continued
30 June 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 May 2025 and were signed by:





Mr A R Erdogan - Director


Orange Correct Solutions Limited (Registered number: 12948977)

Notes to the Financial Statements
for the year ended 30 June 2024

1. STATUTORY INFORMATION

Orange Correct Solutions 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover is recognised when the company obtains the right to consideration and is derived from the ordinary activities of the company.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Orange Correct Solutions Limited (Registered number: 12948977)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 July 2023
and 30 June 2024 2,399
DEPRECIATION
At 1 July 2023 714
Charge for year 337
At 30 June 2024 1,051
NET BOOK VALUE
At 30 June 2024 1,348
At 30 June 2023 1,685

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments 60 60

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 920 263
Social security and other taxes 896 376
VAT 2,758 266
Directors' current accounts 38 4,247
Accrued expenses 980 980
5,592 6,132

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 256 125

Orange Correct Solutions Limited (Registered number: 12948977)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 July 2023 125
Charge to Statement of Income and Retained Earnings during year 131
Balance at 30 June 2024 256

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 July 2023 (4,460 )
Profit for the year 146
At 30 June 2024 (4,314 )

10. RELATED PARTY DISCLOSURES

Included within creditors are amounts due to key management personnel at balance sheet date of £38 (2023: £4,247.2).