Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 March 2023 false 1 January 2024 31 December 2024 31 December 2024 06117374 Mr David Tuomey Mr Peter Tuomey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06117374 2023-12-31 06117374 2024-12-31 06117374 2024-01-01 2024-12-31 06117374 frs-core:CurrentFinancialInstruments 2024-12-31 06117374 frs-core:PlantMachinery 2024-12-31 06117374 frs-core:PlantMachinery 2024-01-01 2024-12-31 06117374 frs-core:PlantMachinery 2023-12-31 06117374 frs-core:ShareCapital 2024-12-31 06117374 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 06117374 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 06117374 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 06117374 frs-bus:SmallEntities 2024-01-01 2024-12-31 06117374 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 06117374 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 06117374 frs-bus:Director1 2024-01-01 2024-12-31 06117374 frs-bus:Director2 2024-01-01 2024-12-31 06117374 frs-countries:EnglandWales 2024-01-01 2024-12-31 06117374 2023-02-28 06117374 2023-12-31 06117374 2023-03-01 2023-12-31 06117374 frs-core:CurrentFinancialInstruments 2023-12-31 06117374 frs-core:ShareCapital 2023-12-31 06117374 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 06117374
Orsa Saiwai Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Orsa Saiwai Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 06117374
31 December 2024 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,070 8,331
4,070 8,331
CURRENT ASSETS
Debtors 5 1,525,532 1,441,376
Cash at bank and in hand 68,394 123,974
1,593,926 1,565,350
Creditors: Amounts Falling Due Within One Year 6 (1,813,325 ) (1,750,292 )
NET CURRENT ASSETS (LIABILITIES) (219,399 ) (184,942 )
TOTAL ASSETS LESS CURRENT LIABILITIES (215,329 ) (176,611 )
NET LIABILITIES (215,329 ) (176,611 )
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Profit and Loss Account (216,329 ) (177,611 )
SHAREHOLDERS' FUNDS (215,329) (176,611)
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr David Tuomey
Director
12/09/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Orsa Saiwai Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06117374 . The registered office is 5 The Green, Richmond, TW9 1PL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 33.3% straight line
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 January 2024 85,572
Additions 2,052
As at 31 December 2024 87,624
Depreciation
As at 1 January 2024 77,241
Provided during the period 6,313
As at 31 December 2024 83,554
Net Book Value
As at 31 December 2024 4,070
As at 1 January 2024 8,331
Page 2
Page 3
5. Debtors
31 December 2024 31 December 2023
£ £
Due within one year
Trade debtors 14,060 17,049
Other debtors 1,083,560 884,413
Directors' loan accounts 94,424 222,424
Amounts owed by group undertakings 333,488 317,490
1,525,532 1,441,376
6. Creditors: Amounts Falling Due Within One Year
31 December 2024 31 December 2023
£ £
Trade creditors 6,130 8,142
Corporation tax 163 28,650
Other taxes and social security 363,605 420,646
VAT 4,753 73,452
Other creditors 16,244 231,939
Amounts owed to group undertakings 1,422,430 987,463
1,813,325 1,750,292
7. Share Capital
31 December 2024 31 December 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 3