Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-304The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2023-06-06falsefalsetrue 15119796 2023-06-05 15119796 2023-06-06 2024-09-30 15119796 2022-06-06 2023-06-05 15119796 2024-09-30 15119796 c:Director1 2023-06-06 2024-09-30 15119796 d:CurrentFinancialInstruments 2024-09-30 15119796 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 15119796 d:ShareCapital 2024-09-30 15119796 d:RetainedEarningsAccumulatedLosses 2024-09-30 15119796 c:OrdinaryShareClass1 2023-06-06 2024-09-30 15119796 c:OrdinaryShareClass1 2024-09-30 15119796 c:FRS102 2023-06-06 2024-09-30 15119796 c:AuditExempt-NoAccountantsReport 2023-06-06 2024-09-30 15119796 c:FullAccounts 2023-06-06 2024-09-30 15119796 c:PrivateLimitedCompanyLtd 2023-06-06 2024-09-30 15119796 2 2023-06-06 2024-09-30 15119796 e:PoundSterling 2023-06-06 2024-09-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 15119796










OCTOBER IS ORANGE LTD
 


UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 SEPTEMBER 2024

 
OCTOBER IS ORANGE LTD
REGISTERED NUMBER:15119796

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
Note
£

  

Current assets
  

Stocks
  
1,099

Debtors: amounts falling due within one year
 5 
31,621

Cash at bank and in hand
 6 
112,452

  
145,172

Creditors: amounts falling due within one year
 7 
(106,306)

Net current assets
  
 
 
38,866

Total assets less current liabilities
  
38,866

  

Net assets
  
38,866


Capital and reserves
  

Called up share capital 
 8 
100

Profit and loss account
  
38,766

  
38,866


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 period 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 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 profit and loss account 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 by: 




N P Heyward
Director

Date: 10 June 2025

The notes on  form part of these financial statements.


 
OCTOBER IS ORANGE LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

1.


General information

October is Orange Ltd is a private company, limited by shares, registered in England and Wales, registration number 15119796. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
The company was incorporated on 6 September 2023 and commenced trading on the same date.

The principal activity of the company is that of music touring and recording.

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 Section 1A of the Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006.

 
2.2

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses that relate to borrowings and cash are presented in the profit and loss account within 'administrative expenses'. All other foreign exchange gains and losses are presented in profit or loss.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Income from performances are recognised once the performances have taken place.
Merchandise income is recognised when the significant risks and rewards of ownership have been transferred to the buyer.

 
2.4

Interest income

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


 
OCTOBER IS ORANGE LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.5

Taxation

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 corporation 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.


 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.8

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

 Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as other debtors, trade and other creditors, and loans with related parties.

 
2.11

 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.


3.


Employees

The average monthly number of employees, including directors, during the period was 4.


 
OCTOBER IS ORANGE LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

4.


Stocks

2024
£

Stocks
1,099



5.


Debtors

2024
£


Other debtors
4,000

Prepayments and accrued income
27,621

31,621



6.


Cash

2024
£

Cash at bank and in hand
112,452



7.


Creditors: amounts falling due within one year

2024
£

Trade creditors
42,656

Amounts owed to connected entity
20,000

Corporation tax
18,469

Other taxation and social security
6,454

Accruals
18,727

106,306



8.


Share capital

2024
£
Allotted, called up and fully paid


100 Ordinary shares of £1.00 each
100


On incorporation, the company issued 100 ordinary shares at a nominal value of £1. 


 
OCTOBER IS ORANGE LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

9.


Transactions with directors

As at the period end, the directors owed £4,000 to the company. The loan is interest free, unsecured and repayable on demand.
During the period, dividends of £30,000 was paid to the directors.

 
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