Caseware UK (AP4) 2024.0.164 2024.0.164 trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.4false2023-10-01No description of principal activity4truefalse 12899810 2023-10-01 2024-09-30 12899810 2022-10-01 2023-09-30 12899810 2024-09-30 12899810 2023-09-30 12899810 2022-10-01 12899810 c:Director1 2023-10-01 2024-09-30 12899810 c:Director3 2023-10-01 2024-09-30 12899810 d:Buildings 2024-09-30 12899810 d:Buildings 2023-09-30 12899810 d:LandBuildings 2024-09-30 12899810 d:LandBuildings 2023-09-30 12899810 d:CurrentFinancialInstruments 2024-09-30 12899810 d:CurrentFinancialInstruments 2023-09-30 12899810 d:Non-currentFinancialInstruments 2024-09-30 12899810 d:Non-currentFinancialInstruments 2023-09-30 12899810 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 12899810 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 12899810 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 12899810 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 12899810 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-09-30 12899810 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-09-30 12899810 d:ShareCapital 2023-10-01 2024-09-30 12899810 d:ShareCapital 2024-09-30 12899810 d:ShareCapital 2022-10-01 2023-09-30 12899810 d:ShareCapital 2023-09-30 12899810 d:ShareCapital 2022-10-01 12899810 d:RetainedEarningsAccumulatedLosses 2023-10-01 2024-09-30 12899810 d:RetainedEarningsAccumulatedLosses 2024-09-30 12899810 d:RetainedEarningsAccumulatedLosses 2022-10-01 2023-09-30 12899810 d:RetainedEarningsAccumulatedLosses 2023-09-30 12899810 d:RetainedEarningsAccumulatedLosses 2022-10-01 12899810 d:OtherDeferredTax 2024-09-30 12899810 c:FRS102 2023-10-01 2024-09-30 12899810 c:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 12899810 c:FullAccounts 2023-10-01 2024-09-30 12899810 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12899810 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 12899810










Little Orange Properties Ltd








Unaudited

Financial statements

Information for filing with the registrar

For the year ended 30 September 2024


 
Little Orange Properties Ltd
 
  
Chartered accountants' report to the board of directors on the preparation of the unaudited statutory financial statements of Little Orange Properties Ltd for the year ended 30 September 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Little Orange Properties Ltd for the year ended 30 September 2024 which comprise  the Balance sheet, the Statement of changes in equity 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 at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Little Orange Properties Ltd, as a body, in accordance with the terms of our engagement letter dated 1 December 2023Our work has been undertaken solely to prepare for your approval the financial statements of Little Orange Properties Ltd and state those matters that we have agreed to state to the Board of directors of Little Orange Properties Ltd, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Little Orange Properties Ltd and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Little Orange Properties Ltd 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 Little Orange Properties Ltd. You consider that Little Orange Properties Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Little Orange Properties Ltd. 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.

  



Kreston Reeves LLP
 
Chartered Accountants
  
37 St Margaret's Street
Canterbury
Kent
CT1 2TU
29 April 2025
Page 1

 
Little Orange Properties Ltd
Registered number: 12899810

Balance sheet
As at 30 September 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
260,000
260,000

  
260,000
260,000

Current assets
  

Debtors: amounts falling due after more than one year
 5 
1,311
1,312

Cash at bank and in hand
 6 
5,001
2,858

  
6,312
4,170

Creditors: amounts falling due within one year
 7 
(2,147)
(1,312)

Net current assets
  
 
 
4,165
 
 
2,858

Total assets less current liabilities
  
264,165
262,858

Creditors: amounts falling due after more than one year
 8 
(231,634)
(231,634)

Provisions for liabilities
  

Deferred tax
 10 
(5,851)
(5,851)

  
 
 
(5,851)
 
 
(5,851)

Net assets
  
26,680
25,373


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
26,580
25,273

  
26,680
25,373


Page 2

 
Little Orange Properties Ltd
Registered number: 12899810

Balance sheet (continued)
As at 30 September 2024

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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 29 April 2025.




Alexander Derek Chamberlain
Nicholas Bernard Owen
Director
Director

The notes on pages 6 to 10 form part of these financial statements.

Page 3

 
Little Orange Properties Ltd
 

Statement of changes in equity
For the year ended 30 September 2024


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 October 2023
100
25,273
25,373


Comprehensive income for the year

Profit for the year

-
1,307
1,307


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
1,307
1,307


Total transactions with owners
-
-
-


At 30 September 2024
100
26,580
26,680


The notes on pages 6 to 10 form part of these financial statements.

Page 4

 
Little Orange Properties Ltd
 

Statement of changes in equity
For the year ended 30 September 2023


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 October 2022
100
25,840
25,940


Comprehensive income for the year

Profit for the year

-
433
433


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
433
433


Contributions by and distributions to owners

Dividends: Equity capital
-
(1,000)
(1,000)


Total transactions with owners
-
(1,000)
(1,000)


At 30 September 2023
100
25,273
25,373


The notes on pages 6 to 10 form part of these financial statements.

Page 5

 
Little Orange Properties Ltd
 

 
Notes to the financial statements
For the year ended 30 September 2024

1.


General information

Little Orange Properties Ltd is a private company limited by shares which was incorporated in England and Wales with company number 12899810.
The company's registered office is 37 St Margaret's Street, Canterbury, Kent, CT1 2TU.
The financial statements have been prepared in Pound Sterling, and rounded to the nearest Pound.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

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:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
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.

Page 6

 
Little Orange Properties Ltd
 

 
Notes to the financial statements
For the year ended 30 September 2024

2.Accounting policies (continued)

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.6

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
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.

 
2.9

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

Page 7

 
Little Orange Properties Ltd
 

 
Notes to the financial statements
For the year ended 30 September 2024

2.Accounting policies (continued)

 
2.10

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.


3.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


        2024
        2023
            No.
            No.







Directors
4
4


4.


Tangible fixed assets





Freehold property

£



Cost or valuation


At 1 October 2023
260,000



At 30 September 2024

260,000






Net book value



At 30 September 2024
260,000




The net book value of land and buildings may be further analysed as follows:


2024
2023
£
£

Freehold
260,000
260,000

260,000
260,000


Page 8

 
Little Orange Properties Ltd
 

 
Notes to the financial statements
For the year ended 30 September 2024

5.


Debtors

2024
2023
£
£

Due after more than one year

Other debtors
1,311
1,312

1,311
1,312



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
5,001
2,858

5,001
2,858



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
306
101

Other creditors
1,211
1,211

Accruals and deferred income
630
-

2,147
1,312



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
166,634
166,634

Other creditors
65,000
65,000

231,634
231,634


Page 9

 
Little Orange Properties Ltd
 

 
Notes to the financial statements
For the year ended 30 September 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£




Amounts falling due after more than 5 years

Bank loans
166,634
166,634

166,634
166,634

166,634
166,634



10.


Deferred taxation



2024


£






At beginning of year
(5,851)



At end of year
(5,851)

2024
£


Origination and reversal of timing differences
(5,851)

(5,851)


Page 10