Registered number
05229517
Oranda Solutions Limited
Filleted Accounts
30 September 2024
Oranda Solutions Limited
Registered number: 05229517
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,016 1,180
Current assets
Stocks 3,000 3,000
Debtors 4 60,263 144,478
Cash at bank and in hand 68,275 19,619
131,538 167,097
Creditors: amounts falling due within one year 5 (132,272) (158,573)
Net current (liabilities)/assets (734) 8,524
Total assets less current liabilities 282 9,704
Creditors: amounts falling due after more than one year 6 (3,333) (5,333)
Provisions for liabilities (193) (249)
Net (liabilities)/assets (3,244) 4,122
Capital and reserves
Called up share capital 3 1,000
Profit and loss account (3,247) 3,122
Shareholders' funds (3,244) 4,122
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr N Fish
Director
Approved by the board on 6 June 2025
Oranda Solutions Limited
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Commercial vehicles over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Going concern
The accounts have been prepared on the going concern basis the validaty of which depends on the continued support of the company's directors and shareholders.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 2
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 October 2023 36,454 6,058 42,512
Additions 1,123 - 1,123
At 30 September 2024 37,577 6,058 43,635
Depreciation
At 1 October 2023 35,274 6,058 41,332
Charge for the year 1,287 - 1,287
At 30 September 2024 36,561 6,058 42,619
Net book value
At 30 September 2024 1,016 - 1,016
At 30 September 2023 1,180 - 1,180
4 Debtors 2024 2023
£ £
Trade debtors 58,794 144,478
Other debtors 1,469 -
60,263 144,478
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 1,390 12,759
Taxation and social security costs 13,333 29,433
Directors current accounts 116,753 115,587
Other creditors 796 794
132,272 158,573
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 3,333 5,333
7 Loans from directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
Mr N L Fish
Current account 60,747 29,374 (27,881) 62,240
Mrs J D Fish
Current account 54,840 27,554 (27,881) 54,513
115,587 56,928 (55,762) 116,753
8 Controlling party
The company was under the control of Mr N, and Mrs J Fish, the directors, throughout the current and previous period, who own equally 100% of the issued share capital.
9 Other information
Oranda Solutions Limited is a private company limited by shares and incorporated in England. Its registered office is:
3 Holmer Terrace
Holmer
Hereford
HR4 9RH
Oranda Solutions Limited 05229517 false 2023-10-01 2024-09-30 2024-09-30 VT Final Accounts July 2024 Mr N Fish No description of principal activity 05229517 2022-10-01 2023-09-30 05229517 core:WithinOneYear 2023-09-30 05229517 core:AfterOneYear 2023-09-30 05229517 core:ShareCapital 2023-09-30 05229517 core:RetainedEarningsAccumulatedLosses 2023-09-30 05229517 2023-10-01 2024-09-30 05229517 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 05229517 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 05229517 bus:Director40 2023-10-01 2024-09-30 05229517 1 2023-10-01 2024-09-30 05229517 2 2023-10-01 2024-09-30 05229517 core:PlantMachinery 2023-10-01 2024-09-30 05229517 core:Vehicles 2023-10-01 2024-09-30 05229517 bus:Director1 2023-10-01 2024-09-30 05229517 bus:Director1 1 2023-10-01 2024-09-30 05229517 bus:Director2 2023-10-01 2024-09-30 05229517 bus:Director2 1 2023-10-01 2024-09-30 05229517 countries:England 2023-10-01 2024-09-30 05229517 bus:FRS102 2023-10-01 2024-09-30 05229517 bus:FilletedAccounts 2023-10-01 2024-09-30 05229517 2024-09-30 05229517 core:WithinOneYear 2024-09-30 05229517 core:AfterOneYear 2024-09-30 05229517 core:ShareCapital 2024-09-30 05229517 core:RetainedEarningsAccumulatedLosses 2024-09-30 05229517 core:PlantMachinery 2024-09-30 05229517 core:Vehicles 2024-09-30 05229517 bus:Director1 1 2024-09-30 05229517 bus:Director2 1 2024-09-30 05229517 2023-09-30 05229517 core:PlantMachinery 2023-09-30 05229517 core:Vehicles 2023-09-30 05229517 bus:Director1 1 2023-09-30 05229517 bus:Director2 1 2023-09-30 iso4217:GBP xbrli:pure