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Registered number: 10312389
Oremus UK Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Oremus Group Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10312389
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 8,866 10,100
Tangible Assets 5 1,000 1,000
Investments 6 399,157 399,157
409,023 410,257
CURRENT ASSETS
Debtors 7 62,543 61,811
Cash at bank and in hand 1,683 1,455
64,226 63,266
Creditors: Amounts Falling Due Within One Year 8 (35,595 ) (57,887 )
NET CURRENT ASSETS (LIABILITIES) 28,631 5,379
TOTAL ASSETS LESS CURRENT LIABILITIES 437,654 415,636
Creditors: Amounts Falling Due After More Than One Year 9 (51,422 ) (203,833 )
NET ASSETS 386,232 211,803
CAPITAL AND RESERVES
Called up share capital 10 564,071 379,071
Profit and Loss Account (177,839 ) (167,268 )
SHAREHOLDERS' FUNDS 386,232 211,803
Page 1
Page 2
For the year ending 31 March 2025 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 P Kar
Director
30/12/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Oremus UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10312389 . The registered office is 9 Hamilton Square, Birkenhead, Wirral, CH41 6AU.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.
2.5. 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:
Fixtures & Fittings 10%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 April 2024 17,500 - 17,500
As at 31 March 2025 17,500 - 17,500
Amortisation
As at 1 April 2024 7,000 400 7,400
Provided during the period 1,167 67 1,234
As at 31 March 2025 8,167 467 8,634
...CONTINUED
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Page 4
Net Book Value
As at 31 March 2025 9,333 (467 ) 8,866
As at 1 April 2024 10,500 (400 ) 10,100
5. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 April 2024 2,546
As at 31 March 2025 2,546
Depreciation
As at 1 April 2024 1,546
As at 31 March 2025 1,546
Net Book Value
As at 31 March 2025 1,000
As at 1 April 2024 1,000
6. Investments
Subsidiaries
£
Cost or Valuation
As at 1 April 2024 399,157
As at 31 March 2025 399,157
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 399,157
As at 1 April 2024 399,157
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 347 22
Other debtors 62,196 61,789
62,543 61,811
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Amounts owed to group undertakings 35,595 25,298
Other creditors - 32,589
35,595 57,887
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Amounts owed to group undertakings 49,423 201,834
Amounts owed to participating interests 1,999 1,999
51,422 203,833
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 564,071 379,071
Page 5