30 May 2022 false No description of principal activity Taxfiler 2023.10 NI688599business:PrivateLimitedCompanyLtd2022-05-302023-03-31 NI6885992022-05-29 NI6885992022-05-302023-03-31 NI688599business:AuditExemptWithAccountantsReport2022-05-302023-03-31 NI688599business:FilletedAccounts2022-05-302023-03-31 NI6885992023-03-31 NI688599business:Director12022-05-302023-03-31 NI688599business:Director22022-05-302023-03-31 NI688599business:RegisteredOffice2022-05-302023-03-31 NI688599core:WithinOneYear2023-03-31 NI688599core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 NI688599core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 NI688599core:PreviouslyStatedAmount2023-03-31 NI688599business:SmallEntities2022-05-302023-03-31 NI688599countries:NorthernIreland2022-05-302023-03-31 NI688599core:PlantMachinery2022-05-302023-03-31 NI688599core:FurnitureFittings2022-05-302023-03-31 NI688599core:ComputerEquipment2022-05-302023-03-31 NI688599core:PlantMachinery2022-05-29 NI688599core:FurnitureFittings2022-05-29 NI688599core:ComputerEquipment2022-05-29 NI688599core:PlantMachinery2023-03-31 NI688599core:FurnitureFittings2023-03-31 NI688599core:ComputerEquipment2023-03-31 NI688599core:BetweenOneFiveYears2023-03-31 NI688599core:MoreThanFiveYears2023-03-31 iso4217:GBP xbrli:pure
Company Registration No. NI688599 (Northern Ireland)
Orto Pizza Cathedral Quarter Limited Unaudited accounts for the period from 30 May 2022 to 31 March 2023
Orto Pizza Cathedral Quarter Limited Unaudited accounts Contents
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Orto Pizza Cathedral Quarter Limited Company Information for the period from 30 May 2022 to 31 March 2023
Directors
Paul Catterson Ashley French
Company Number
NI688599 (Northern Ireland)
Registered Office
139A Kilrea Road Upperlands Maghera BT46 5TA
Accountants
Gray + Press Accountants Limited Unit 4A Channel Wharf 21 Old Channel Road Belfast BT3 9DE
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Orto Pizza Cathedral Quarter Limited Statement of financial position as at 31 March 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
152,704 
Current assets
Debtors
11,815 
Cash at bank and in hand
136,297 
148,112 
Creditors: amounts falling due within one year
(248,804)
Net current liabilities
(100,692)
Net assets
52,012 
Capital and reserves
Called up share capital
100 
Profit and loss account
51,912 
Shareholders' funds
52,012 
For the period ending 31 March 2023 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 6 October 2023 and were signed on its behalf by
Paul Catterson Director Company Registration No. NI688599
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Orto Pizza Cathedral Quarter Limited Notes to the Accounts for the period from 30 May 2022 to 31 March 2023
1
Statutory information
Orto Pizza Cathedral Quarter Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI688599. The registered office is 139A Kilrea Road, Upperlands, Maghera, BT46 5TA.
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 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Orto Pizza Cathedral Quarter Limited Notes to the Accounts for the period from 30 May 2022 to 31 March 2023
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 30 May 2022
- 
- 
- 
- 
Additions
18,196 
151,882 
531 
170,609 
At 31 March 2023
18,196 
151,882 
531 
170,609 
Depreciation
Charge for the period
1,490 
16,362 
53 
17,905 
At 31 March 2023
1,490 
16,362 
53 
17,905 
Net book value
At 31 March 2023
16,706 
135,520 
478 
152,704 
5
Debtors
2023 
£ 
Amounts falling due within one year
Trade debtors
8,996 
Other debtors
2,819 
11,815 
6
Creditors: amounts falling due within one year
2023 
£ 
VAT
50,390 
Trade creditors
42,954 
Amounts owed to group undertakings and other participating interests
142,826 
Taxes and social security
8,821 
Other creditors
1,713 
Accruals
2,100 
248,804 
7
Operating lease commitments
2023 
£ 
At 31 March 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
41,995 
Later than one year and not later than five years
209,975 
Later than five years
28,303 
280,273 
8
Average number of employees
During the period the average number of employees was 21.
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