Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31No description of principal activity2024-01-01false11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11048997 2024-01-01 2024-12-31 11048997 2023-01-01 2023-12-31 11048997 2024-12-31 11048997 2023-12-31 11048997 c:Director1 2024-01-01 2024-12-31 11048997 d:FreeholdInvestmentProperty 2024-01-01 2024-12-31 11048997 d:FreeholdInvestmentProperty 2024-12-31 11048997 d:FreeholdInvestmentProperty 2023-12-31 11048997 d:CurrentFinancialInstruments 2024-12-31 11048997 d:CurrentFinancialInstruments 2023-12-31 11048997 d:Non-currentFinancialInstruments 2024-12-31 11048997 d:Non-currentFinancialInstruments 2023-12-31 11048997 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 11048997 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11048997 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 11048997 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 11048997 d:ShareCapital 2024-12-31 11048997 d:ShareCapital 2023-12-31 11048997 d:RetainedEarningsAccumulatedLosses 2024-12-31 11048997 d:RetainedEarningsAccumulatedLosses 2023-12-31 11048997 c:FRS102 2024-01-01 2024-12-31 11048997 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11048997 c:FullAccounts 2024-01-01 2024-12-31 11048997 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11048997 d:Subsidiary1 2024-01-01 2024-12-31 11048997 d:Subsidiary1 1 2024-01-01 2024-12-31 11048997 6 2024-01-01 2024-12-31 11048997 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 11048997










ORANGE CIRCLE INVESTMENTS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

 
ORANGE CIRCLE INVESTMENTS LIMITED
REGISTERED NUMBER: 11048997

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
126,721
126,721

Investment property
 5 
3,217,420
3,217,420

  
3,344,141
3,344,141

Current assets
  

Debtors: amounts falling due within one year
 6 
497,764
495,967

Cash at bank and in hand
  
14,596
39,593

  
512,360
535,560

Creditors: amounts falling due within one year
 7 
(2,309,657)
(2,242,729)

Net current liabilities
  
 
 
(1,797,297)
 
 
(1,707,169)

Total assets less current liabilities
  
1,546,844
1,636,972

Creditors: amounts falling due after more than one year
 8 
(805,250)
(818,561)

  

Net assets
  
741,594
818,411


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
741,494
818,311

  
741,594
818,411


Page 1

 
ORANGE CIRCLE INVESTMENTS LIMITED
REGISTERED NUMBER: 11048997
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 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 27 August 2025.




P A Fowler
Director

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

Page 2

 
ORANGE CIRCLE INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Orange Circle Investments Limited is a private Company limited by shares, incorporated in England and Wales (registered number: 11048997). Its registered office is 31 Melbourne Road, Bushey, Hertfordshire, WD23 3LL. The Company operated as a letting and operating of own or leased real estate throughout the current year.

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 Company's functional and presentation currency is pounds sterling.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Company has net current liabilities at 31 December 2024 of £1,796,241 (2023: £1,707,169). The financial statements have been prepared on a going concern basis as in the opinion of the director the outstanding creditor balances will not be called due for payment until further time as the Company has sufficient working capital to enable it to pay these.

 
2.3

Revenue recognition

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. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
ORANGE CIRCLE INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.4

Taxation

Tax is recognised in the Statement of Income and Retained Earnings.

The current 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.


 
2.5

Investment property

Investment property is carried at fair value determined annually by the director and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of Income and Retained Earnings.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.7

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction,  the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
ORANGE CIRCLE INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost


At 1 January 2024
4,987,000



At 31 December 2024

4,987,000



Impairment


At 1 January 2024
4,860,279



At 31 December 2024

4,860,279



Net book value



At 31 December 2024
126,721



At 31 December 2023
126,721


Subsidiary undertaking


The following was a subsidiary undertaking of the Company:

Name

Registered office

Principal activity

Class of shares

Holding

Seconds to Buy Limited
England
Holding company
Ordinary
100%

The aggregate of the share capital and reserves as at 31 December 2024 and the profit or loss for the year ended on that date for the subsidiary undertaking were as follows:

Name
Aggregate of share capital and reserves
Profit/(loss)

Seconds to Buy Limited
119,229
(2,031)

Page 5

 
ORANGE CIRCLE INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Investment property


Freehold investment property

£



Valuation


At 1 January 2024
3,217,420


Additions at cost
1,250,000


Disposals
(1,250,000)



At 31 December 2024
3,217,420

The 2024 valuations were made by the director, on an open market value for existing use basis.






6.


Debtors

2024
2023
£
£


Trade debtors
14,997
-

Amounts owed by group undertakings
461,000
476,907

Other debtors
9,506
10,549

Prepayments and accrued income
12,261
8,511

497,764
495,967


Page 6

 
ORANGE CIRCLE INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
-
59,139

Trade creditors
6,388
6,237

Amounts owed to group undertakings
709,600
709,600

Corporation tax
-
2,724

Other creditors
1,588,389
1,462,029

Accruals and deferred income
5,280
3,000

2,309,657
2,242,729



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
805,250
818,561


Included within creditors falling due within one year and after more than one year are secured liabilities in respect of bank loans of £805,250 (2023: £877,700).
The bank loan amount falling due after more than 5 years is £805,250.


9.


Controlling party

The controlling party of the Company is Mr P A Fowler.

 
Page 7