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REGISTERED NUMBER: 12436343 (England and Wales)















Report of the Director and

Financial Statements for the Year Ended 31 January 2023

for

Orion Management Limited

Orion Management Limited (Registered number: 12436343)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


Orion Management Limited

Company Information
for the Year Ended 31 January 2023







DIRECTOR: Mrs A Kothari





SECRETARY:





REGISTERED OFFICE: 119 EVELYN DRIVE
PINNER
Middlesex
HA5 4RN





REGISTERED NUMBER: 12436343 (England and Wales)





ACCOUNTANTS: B MEHTA & CO
102
STREATFIELD ROAD
HARROW
Middlesex
HA3 9BT

Orion Management Limited (Registered number: 12436343)

Report of the Director
for the Year Ended 31 January 2023

The director presents her report with the financial statements of the company for the year ended 31 January 2023.

DIRECTOR
Mrs A Kothari held office during the whole of the period from 1 February 2022 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mrs A Kothari - Director


15 September 2023

Orion Management Limited (Registered number: 12436343)

Income Statement
for the Year Ended 31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   

TURNOVER 40,284 35,676

Distribution costs 4,000 -
Administrative expenses 30,824 35,204
34,824 35,204
OPERATING PROFIT and
PROFIT BEFORE TAXATION 5,460 472

Tax on profit 1,050 105
PROFIT FOR THE FINANCIAL YEAR 4,410 367

Orion Management Limited (Registered number: 12436343)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 4,375 5,335

CURRENT ASSETS
Cash at bank 31,232 18,999

CREDITORS
Amounts falling due within one year 6 27,138 20,275
NET CURRENT ASSETS/(LIABILITIES) 4,094 (1,276 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,469

4,059

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8,369 3,959
SHAREHOLDERS' FUNDS 8,469 4,059

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 15 September 2023 and were signed by:





Mrs A Kothari - Director


Orion Management Limited (Registered number: 12436343)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Orion Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. OPERATING PROFIT

The operating profit is stated after charging:

31.1.23 31.1.22
£    £   
Depreciation - owned assets 960 1,172

Orion Management Limited (Registered number: 12436343)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 February 2022
and 31 January 2023 7,395 540 7,935
DEPRECIATION
At 1 February 2022 2,423 177 2,600
Charge for year 895 65 960
At 31 January 2023 3,318 242 3,560
NET BOOK VALUE
At 31 January 2023 4,077 298 4,375
At 31 January 2022 4,972 363 5,335

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Taxation and social security 1,050 105
Other creditors 26,088 20,170
27,138 20,275