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REGISTERED NUMBER: 12606464 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2024

FOR

ORANGE PROPERTY (MARGATE) LIMITED

ORANGE PROPERTY (MARGATE) LIMITED (REGISTERED NUMBER: 12606464)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ORANGE PROPERTY (MARGATE) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2024







DIRECTORS: Mr G Knight
Mr B S Millen





SECRETARY:





REGISTERED OFFICE: 35 High Street
Margate
CT9 1DX





REGISTERED NUMBER: 12606464 (England and Wales)





ACCOUNTANTS: Millen & Co Ltd
Accountants & Tax Advisors
35 High Street
Margate
Kent
CT9 1DX

ORANGE PROPERTY (MARGATE) LIMITED (REGISTERED NUMBER: 12606464)

STATEMENT OF FINANCIAL POSITION
30TH SEPTEMBER 2024

30/9/24 30/9/23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 107,723 108,432
Investments 5 - 1,000
107,723 109,432

CURRENT ASSETS
Debtors 6 97,147 101,927
Cash at bank 6,651 2,868
103,798 104,795
CREDITORS
Amounts falling due within one year 7 199,378 207,466
NET CURRENT LIABILITIES (95,580 ) (102,671 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,143

6,761

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 11,143 5,761
12,143 6,761

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 PROPERTY (MARGATE) LIMITED (REGISTERED NUMBER: 12606464)

STATEMENT OF FINANCIAL POSITION - continued
30TH SEPTEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14th April 2025 and were signed on its behalf by:




Mr B S Millen - Director



Mr G Knight - Director


ORANGE PROPERTY (MARGATE) LIMITED (REGISTERED NUMBER: 12606464)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

1. STATUTORY INFORMATION

Orange Property (Margate) 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.

Lemon Property Limited has same shareholder/Shareholdings

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 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.

3. EMPLOYEES AND DIRECTORS

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

ORANGE PROPERTY (MARGATE) LIMITED (REGISTERED NUMBER: 12606464)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1st October 2023 108,432
Disposals (709 )
At 30th September 2024 107,723
NET BOOK VALUE
At 30th September 2024 107,723
At 30th September 2023 108,432

5. FIXED ASSET INVESTMENTS
Own
shares
£   
COST
At 1st October 2023 1,000
Disposals (1,000 )
At 30th September 2024 -
NET BOOK VALUE
At 30th September 2024 -
At 30th September 2023 1,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Trade debtors 3,208 2,740
Other debtors 93,939 99,187
97,147 101,927

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Trade creditors (1 ) (1 )
Taxation and social security 1,263 1,316
Other creditors 198,116 206,151
199,378 207,466