Registered Number:04137996 |
For the year ended 28 February 2023
England and Wales
Unaudited Financial Statements
For the year ended 28 February 2023
Ortensio Ltd
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
Ortensio Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
15,230
15,769
2
15,230
15,769
Trade and other receivables |
67,710
82,661
3
381,364
Cash and cash equivalents |
392,013
474,674
449,074
Trade and other payables: amounts falling due within one |
year |
(74,254)
(71,157)
4
374,820
403,517
Net current assets
Total assets less current liabilities |
418,747
390,589
418,747
Net assets
390,589
200
200
418,547
390,389
418,747
390,589
Shareholders' funds
For the year ended 28 February 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 of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 12 October 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 28 February 2023
Ortensio Ltd
Notes to the Financial Statements
Statutory Information
Ortensio Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number |
04137996. |
68 Glaziers Lane
Normandy
Guildford
Surrey
GU3 2DQ
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Motor Vehicles
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
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For the year ended 28 February 2023
Ortensio Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor Vehicles
80,123
1,939
56,783
21,401
3,957
232
-
3,725
25,126
56,783
2,171
84,080
Provision for depreciation and impairment |
64,354
858
47,246
16,250
Charge for year
4,496
277
2,334
1,885
68,850
1,135
49,580
18,135
6,991
7,203
1,036
15,230
5,151
9,537
1,081
15,769
3. Trade and other receivables |
2022
2023
80,869
66,167
1,792
1,543
67,710
82,661
4. Trade and other payables: amounts falling due within one year |
2022
2023
2,565
4,085
Taxation and social security |
52,574
55,312
16,018
14,857
71,157
74,254
5. Average number of persons employed |
During the year the average number of employees was 9 (2022 : 9)
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