Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-31falsetrue22023-11-01falseNo description of principal activity2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08235143 2023-11-01 2024-10-31 08235143 2022-11-01 2023-10-31 08235143 2024-10-31 08235143 2023-10-31 08235143 c:Director1 2023-11-01 2024-10-31 08235143 d:MotorVehicles 2023-11-01 2024-10-31 08235143 d:MotorVehicles 2024-10-31 08235143 d:MotorVehicles 2023-10-31 08235143 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 08235143 d:FurnitureFittings 2023-11-01 2024-10-31 08235143 d:FurnitureFittings 2024-10-31 08235143 d:FurnitureFittings 2023-10-31 08235143 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 08235143 d:OfficeEquipment 2023-11-01 2024-10-31 08235143 d:OfficeEquipment 2024-10-31 08235143 d:OfficeEquipment 2023-10-31 08235143 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 08235143 d:ComputerEquipment 2023-11-01 2024-10-31 08235143 d:ComputerEquipment 2024-10-31 08235143 d:ComputerEquipment 2023-10-31 08235143 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 08235143 d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 08235143 d:CurrentFinancialInstruments 2024-10-31 08235143 d:CurrentFinancialInstruments 2023-10-31 08235143 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 08235143 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 08235143 d:ShareCapital 2024-10-31 08235143 d:ShareCapital 2023-10-31 08235143 d:RetainedEarningsAccumulatedLosses 2024-10-31 08235143 d:RetainedEarningsAccumulatedLosses 2023-10-31 08235143 c:FRS102 2023-11-01 2024-10-31 08235143 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 08235143 c:FullAccounts 2023-11-01 2024-10-31 08235143 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 08235143 6 2023-11-01 2024-10-31 08235143 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure

Registered number: 08235143









TI ORNI PR LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2024

 
TI ORNI PR LIMITED
REGISTERED NUMBER: 08235143

STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
25,165
37,496

Investments
 5 
-
230,658

  
25,165
268,154

Current assets
  

Debtors: amounts falling due within one year
 6 
4,327
72,321

Cash at bank and in hand
  
5,755
8,881

  
10,082
81,202

Creditors: amounts falling due within one year
 7 
(228,997)
(264,321)

Net current liabilities
  
 
 
(218,915)
 
 
(183,119)

Total assets less current liabilities
  
(193,750)
85,035

  

Net (liabilities)/assets
  
(193,750)
85,035


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(193,751)
85,034

  
(193,750)
85,035


Page 1

 
TI ORNI PR LIMITED
REGISTERED NUMBER: 08235143
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 2024

The director considers 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 director acknowledges his 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 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 17 July 2025.




Tomer Orni
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
TI ORNI PR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Ti Orni PR Limited is a private company limited by shares and registered in England and Wales.
The address of its registered office is Regina House, 124 Finchley Road, London, NW3 5JS.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency
The company's functional and presentational currency is GBP
Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the statement of income and retained earnings.

 
2.3

Revenue

Turnover is recognised at the fair value of the consideration received or receivable for PR services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
When cash inflows are deferred and represent a financing arrangement, the fair value of consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.
Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion, costs incurred and costs to complete that can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that is probable will be recovered.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
TI ORNI PR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using both straight-line, and the reducing balance method.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
reducing balance
Fixtures and fittings
-
10%
straight line
Office equipment
-
10%
straight line
Computer equipment
-
10%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Impairment of fixed assets and goodwill

Assets that are subject to depreciation or amortisation are assessed at each reporting date to determine whether there is any indication that the assets are impaired. Where there is any indication that an asset may be impaired, the carrying value of the asset (or cash-generating unit to which the asset has been allocated) is tested for impairment. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset's (or CGU's) fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (CGUs). Non-financial assets that have been previously impaired are reviewed at each reporting date to assess whether there is any indication that the impairment losses recognised in prior periods may no longer exist or may have decreased.

Page 4

 
TI ORNI PR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.6

Valuation of investments

Investments in unlisted company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.7

Debtors

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

 
2.8

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.

 
2.9

Creditors

Short term creditors are measured at the transaction price.


3.


Employees

The average monthly number of employees, including director, during the year was 2 (2023 - 2).

Page 5

 
TI ORNI PR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Office equipment
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 November 2023
75,940
81,311
14,589
2,078
173,918



At 31 October 2024

75,940
81,311
14,589
2,078
173,918



Depreciation


At 1 November 2023
65,803
64,233
5,762
624
136,422


Charge for the year on owned assets
2,534
8,131
1,459
207
12,331



At 31 October 2024

68,337
72,364
7,221
831
148,753



Net book value



At 31 October 2024
7,603
8,947
7,368
1,247
25,165



At 31 October 2023
10,137
17,078
8,827
1,454
37,496


5.


Fixed asset investments





Unlisted investments

£





At 1 November 2023
230,658


Amounts written off
(230,658)



At 31 October 2024
-




Page 6

 
TI ORNI PR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

6.


Debtors

2024
2023
£
£


Trade debtors
4,219
6,529

Other debtors
108
65,792

4,327
72,321



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
15,336
15,336

Other taxation and social security
5,086
-

Other creditors
202,325
247,735

Accruals and deferred income
6,250
1,250

228,997
264,321



8.


Related party transactions

At the reporting date, £198,686 (2023 - £242,340) was owed by the company to Mr T Orni, the sole director and shareholder of the company.
During the financial year, Mr T Orni charged the company rent amounting to £10,000 (2023: £28,610).
 

 
Page 7