| REGISTERED NUMBER: |
| ABRIDGED UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 1 JANUARY 2023 TO 30 DECEMBER 2023 |
| FOR |
| ORANGE ADVISORY LTD |
| REGISTERED NUMBER: |
| ABRIDGED UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 1 JANUARY 2023 TO 30 DECEMBER 2023 |
| FOR |
| ORANGE ADVISORY LTD |
| ORANGE ADVISORY LTD (REGISTERED NUMBER: 08830456) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 JANUARY 2023 TO 30 DECEMBER 2023 |
| Page |
| Company Information | 1 |
| Abridged Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| ORANGE ADVISORY LTD |
| COMPANY INFORMATION |
| FOR THE PERIOD 1 JANUARY 2023 TO 30 DECEMBER 2023 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| www.michaelfiliou.com |
| Salisbury House |
| 81 High Street |
| Potters Bar |
| Hertfordshire |
| EN6 5AS |
| ORANGE ADVISORY LTD (REGISTERED NUMBER: 08830456) |
| ABRIDGED BALANCE SHEET |
| 30 DECEMBER 2023 |
| 2023 | 2022 |
| Notes | € | € | € |
| FIXED ASSETS |
| Investment property | 4 |
| CURRENT ASSETS |
| Debtors |
| Cash in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Retained earnings | 6 |
| SHAREHOLDERS' FUNDS |
| The director acknowledges her 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 ADVISORY LTD (REGISTERED NUMBER: 08830456) |
| ABRIDGED BALANCE SHEET - continued |
| 30 DECEMBER 2023 |
| The financial statements were approved by the director and authorised for issue on |
| ORANGE ADVISORY LTD (REGISTERED NUMBER: 08830456) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 JANUARY 2023 TO 30 DECEMBER 2023 |
| 1. | STATUTORY INFORMATION |
| Orange Advisory Ltd is a |
| The presentation currency of the financial statements is the Euro (€). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and other sales taxes. |
| Investment property |
| The freehold property is held for long-term investments. Investment property is initially recognised at cost which includes purchase cost and any directly attributable expenditure. Investment property whose fair value can be measured reliably are carried at fair value. The surplus or deficit is recognised in the income statement accumulated in the non-distributable reserve unless a deficit below original cost, or its reversal, on an individual investment property is expected to be permanent, in which case it is recognised in the income statement for the period. The company engages independent valuers to assist the directors in determining fair value. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold. |
| Taxation |
| Taxation for the period 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. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into Euro at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into Euro at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| ORANGE ADVISORY LTD (REGISTERED NUMBER: 08830456) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 JANUARY 2023 TO 30 DECEMBER 2023 |
| 4. | INVESTMENT PROPERTY |
| Total |
| € |
| COST |
| At 1 January 2023 |
| Disposals | ( |
) |
| At 30 December 2023 |
| NET BOOK VALUE |
| At 30 December 2023 |
| At 31 December 2022 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2023 | 2022 |
| value: | € | € |
| Ordinary | €10 | 2,770,300 | 2,770,300 |
| 6. | RESERVES |
| Retained |
| earnings |
| € |
| At 1 January 2023 |
| Profit for the period |
| At 30 December 2023 |
| 7. | CONTROLLING PARTY |
| The controlling party is Mr Giuseppe Stracquadaneo. |
| He is considered by the director to be the ultimate controlling party by virtue of his controlling interest of 68.73% of the issued ordinary share capital of the company. |