Ambrey Orsuro Limited 11727407 true 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is ownership and management of vessels. Digita Accounts Production Advanced 6.30.9574.0 true C J Charnley J A Thompson true true 11727407 2023-07-01 2024-06-30 11727407 2024-06-30 11727407 core:RetainedEarningsAccumulatedLosses 2024-06-30 11727407 core:ShareCapital 2024-06-30 11727407 core:CurrentFinancialInstruments 2024-06-30 11727407 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 11727407 bus:FRS102 2023-07-01 2024-06-30 11727407 bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 11727407 bus:FullAccounts 2023-07-01 2024-06-30 11727407 bus:RegisteredOffice 2023-07-01 2024-06-30 11727407 bus:Director1 2023-07-01 2024-06-30 11727407 bus:Director2 2023-07-01 2024-06-30 11727407 bus:EntityNoLongerTradingButTradedInPast 2023-07-01 2024-06-30 11727407 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 11727407 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2023-07-01 2024-06-30 11727407 1 2023-07-01 2024-06-30 11727407 countries:EnglandWales 2023-07-01 2024-06-30 11727407 2022-07-01 2023-06-30 11727407 2023-06-30 11727407 core:RetainedEarningsAccumulatedLosses 2023-06-30 11727407 core:ShareCapital 2023-06-30 11727407 core:CurrentFinancialInstruments 2023-06-30 11727407 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 iso4217:GBP xbrli:pure

Ambrey Orsuro Limited

Annual Report and Unaudited Financial Statements
Year Ended 30 June 2024

Registration number: 11727407

 

Ambrey Orsuro Limited

Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

33,273

33,273

Creditors: Amounts falling due within one year

5

(446,311)

(446,311)

Net liabilities

 

(413,038)

(413,038)

Capital and reserves

 

Called up share capital

6

100

100

Profit and loss account

(413,138)

(413,138)

Shareholders' deficit

 

(413,038)

(413,038)

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 6 June 2025 and signed on its behalf by:
 

.........................................

C J Charnley

Director

Company Registration Number: 11727407

 

Ambrey Orsuro Limited

Notes to the Unaudited Financial Statements

Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Thorn Business Centre
Rotherwas
Hereford
HR2 6JT
United Kingdom

These financial statements were authorised for issue by the Board on 6 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

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 Section 1A, and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

Going concern

Notwithstanding the company having net liabilities of £413,038 (2023 - £413,038) as at 30 June 2024, the directors, having made all necessary enquiries and taken all steps that they ought to have taken, have concluded that the going concern basis of preparation remains appropriate. This assessment is based on the financial performance and continued support of the wider Ambrey Limited group for the foreseeable future.

In making their going concern assessment, the director has given consideration to the operations and financial performance and position of both the company and the wider group. While recognising that there can be no certainty, having considered these factors and made all necessary enquiries, the director is satisfied that the company will continue to meet its liabilities as they fall due, and is satisfied that the company will continue to operate with sufficient cash headroom for a period of at least 12 months (from the date of approval of these financial statements).

 

Ambrey Orsuro Limited

Notes to the Unaudited Financial Statements

Year Ended 30 June 2024

Key sources of estimation uncertainty

In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experiences and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods in the revision affects both current and future periods.

The key judgement that has a significant impact on the financial statements is in respect of going concern, as described above.

In the opinion of the director, there are no key sources of estimation uncertainty as at 30 June 2024.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Financial instruments

Classification
The company holds the following financial instruments:

• Short term trade and other debtors and creditors; and
• Short term intercompany debtors and creditors.

All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

 

Ambrey Orsuro Limited

Notes to the Unaudited Financial Statements

Year Ended 30 June 2024

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

4

Debtors

Note

2024
£

2023
£

Amounts due from group undertakings

7

33,273

33,273

 

33,273

33,273

5

Creditors

Note

2024
£

2023
£

Due within one year

 

Amounts due to group undertakings

7

446,311

446,311

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary share capital of £1 each

100

100

100

100

       

7

Related party transactions

Summary of transactions with entities with joint control or significant interest

During the year the company made advances of £Nil (2023 - £Nil) to entities under common control. At year end the amount due from companies under common control was £27,958 (2023 - £27,958).

8

Parent and ultimate parent undertaking

The company's immediate parent is Ambrey Limited, incorporated in England and Wales.

The parent of the smallest group in which these financial statements are consolidated is Ambrey Limited, incorporated in England and Wales.

The address of Ambrey Limited is:
Thorn Business Park, Rotherwas, Hereford, HR2 6JT