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Company Registration No. 14336884 (England and Wales)
ORRELL PROPERTY INVESTMENTS LIMITED Unaudited accounts for the year ended 31 March 2026
ORRELL PROPERTY INVESTMENTS LIMITED Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Investment property
4
248,551
140,000
Current assets
Debtors
5
2,447
802
Cash at bank and in hand
15,994
7,987
18,441
8,789
Creditors: amounts falling due within one year
6
(56,566)
(49,824)
Net current liabilities
(38,125)
(41,035)
Total assets less current liabilities
210,426
98,965
Creditors: amounts falling due after more than one year
7
(185,052)
(81,398)
Provisions for liabilities
Deferred tax
8
(6,591)
(4,691)
Net assets
18,783
12,876
Capital and reserves
Called up share capital
2
2
Fair value reserve
34,689
24,689
Profit and loss account
(15,908)
(11,815)
Shareholders' funds
18,783
12,876
For the year ending 31 March 2026 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 May 2026 and were signed on its behalf by
Chelsea Leanne Orrell Director Company Registration No. 14336884
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ORRELL PROPERTY INVESTMENTS LIMITED Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
ORRELL PROPERTY INVESTMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14336884. The registered office is 5 FAIRFIELD AVENUE, ROSSENDALE, BB4 9TG, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at fair market value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2026
£
Fair value at 1 April 2025
140,000
Additions
98,551
Net gain from fair value adjustments
10,000
At 31 March 2026
248,551
The Directors have considered and sought professional valuations on the current market value of the investment property and deem this is inline with the carrying value shown in the accounts.
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Accrued income and prepayments
1,466
-
Other debtors
981
802
2,447
802
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ORRELL PROPERTY INVESTMENTS LIMITED Notes to the Accounts for the year ended 31 March 2026
6
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans and overdrafts
10,507
4,272
Other creditors
981
802
Loans from directors
44,428
44,250
Accruals
650
500
56,566
49,824
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans
185,052
81,398
8
Deferred taxation
2026
2025
£
£
Revaluation of investment property
6,591
4,691
2026
2025
£
£
Provision at start of year
4,691
4,691
Charged to the profit and loss account
1,900
-
Provision at end of year
6,591
4,691
9
Transactions with related parties
Included within Creditors : amounts due within one year are amounts of £22,214 (2025 : £22,125) owing to Mrs. Chelsea Orrell and £22,214 (2025 : £22,125) owing to Mr. Anthony Orrell both Director's of the Company.
10
Average number of employees
During the year the average number of employees was 0 (2025: 0).
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