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REGISTERED NUMBER: 02983608 (England and Wales)















ORConsulting Limited

Unaudited Financial Statements for the Year Ended 30 April 2023






ORConsulting Limited (Registered number: 02983608)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


ORConsulting Limited

Company Information
for the Year Ended 30 April 2023







DIRECTORS: A J Bekker
Dr J E Shand



REGISTERED OFFICE: Forge Enterprise Centre
3 Church Road
West Huntspill
Highbridge
Somerset
TA9 3RN



REGISTERED NUMBER: 02983608 (England and Wales)



ACCOUNTANTS: Maxwells
Chartered Accountants
4 King Square
Bridgwater
Somerset
TA6 3YF



BANKERS: National Westminster Bank plc
Bath Street
Cheddar
Somerset
BS27 3AD

ORConsulting Limited (Registered number: 02983608)

Abridged Statement of Financial Position
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 37,827 46,323

CURRENT ASSETS
Debtors 99,016 52,737
Cash at bank 29,029 83,792
128,045 136,529
CREDITORS
Amounts falling due within one year 17,626 30,561
NET CURRENT ASSETS 110,419 105,968
TOTAL ASSETS LESS CURRENT
LIABILITIES

148,246

152,291

CREDITORS
Amounts falling due after more than one
year

24,558

32,361
NET ASSETS 123,688 119,930

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 121,688 117,930
SHAREHOLDERS' FUNDS 123,688 119,930

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

ORConsulting Limited (Registered number: 02983608)

Abridged Statement of Financial Position - continued
30 April 2023


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

All the members have consented to the preparation of an abridged Statement of Comprehensive Income and an abridged Statement of Financial Position for the year ended 30 April 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2023 and were signed on its behalf by:





A J Bekker - Director


ORConsulting Limited (Registered number: 02983608)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

ORConsulting 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared in accordance with applicable Accounting Standards and estimation techniques.

At the time of approving the financial statements the director has a reasonable expectation that the Company has adequate resources to continue in operation existence for the foreseeable future.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost and 15% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

ORConsulting Limited (Registered number: 02983608)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

3. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 4 ) .

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2022 76,022
Additions 1,022
At 30 April 2023 77,044
DEPRECIATION
At 1 May 2022 29,699
Charge for year 9,518
At 30 April 2023 39,217
NET BOOK VALUE
At 30 April 2023 37,827
At 30 April 2022 46,323

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 May 2022
and 30 April 2023 53,065
DEPRECIATION
At 1 May 2022 7,960
Charge for year 7,960
At 30 April 2023 15,920
NET BOOK VALUE
At 30 April 2023 37,145
At 30 April 2022 45,105

ORConsulting Limited (Registered number: 02983608)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

6. SECURED DEBTS

The following secured debts are included within creditors:

30.4.23 30.4.22
£    £   
Hire purchase contracts 32,684 40,487

Amounts due under leases and hire purchase contracts are secured over the individually financed assets held by the company.

7. RELATED PARTY DISCLOSURES

The company was owed £91,046 (2022: £40,000) at the year end by Primed Leadership Limited, a company controlled by the director.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A J Bekker.