ORIDA CORPORATION LTD

Company Registration Number:
07331922 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

ORIDA CORPORATION LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

ORIDA CORPORATION LTD

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 2,725,913 2,702,930
Total fixed assets: 2,725,913 2,702,930
Current assets
Stocks: 34,653 22,441
Debtors:   194,647 329,813
Cash at bank and in hand: 2,901,078 1,921,300
Total current assets: 3,130,378 2,273,554
Creditors: amounts falling due within one year: 4 (1,692,175) (1,015,665)
Net current assets (liabilities): 1,438,203 1,257,889
Total assets less current liabilities: 4,164,116 3,960,819
Creditors: amounts falling due after more than one year: 5 (3,091,069) (3,108,665)
Provision for liabilities: (72,806) (46,777)
Total net assets (liabilities): 1,000,241 805,377
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 1,000,239 805,375
Shareholders funds: 1,000,241 805,377

The notes form part of these financial statements

ORIDA CORPORATION LTD

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 October 2023
and signed on behalf of the board by:

Name: KJ Rhee
Status: Director

The notes form part of these financial statements

ORIDA CORPORATION LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ORIDA CORPORATION LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 138 109

ORIDA CORPORATION LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 3,556,738
Additions 191,973
At 31 March 2023 3,748,711
Depreciation
At 01 April 2022 853,808
Charge for year 168,990
At 31 March 2023 1,022,798
Net book value
At 31 March 2023 2,725,913
At 31 March 2022 2,702,930

ORIDA CORPORATION LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Creditors: amounts falling due within one year note

Trade creditors £536,895Taxation and social security £148,138Other creditors £1,007,142

ORIDA CORPORATION LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due after more than one year note

Other creditors £3,091,069