IRIS Accounts Production v23.1.0.753 04862796 director 1.9.22 31.8.23 31.8.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure048627962022-08-31048627962023-08-31048627962022-09-012023-08-31048627962021-08-31048627962021-09-012022-08-31048627962022-08-3104862796ns15:EnglandWales2022-09-012023-08-3104862796ns14:PoundSterling2022-09-012023-08-3104862796ns10:Director12022-09-012023-08-3104862796ns10:PrivateLimitedCompanyLtd2022-09-012023-08-3104862796ns10:SmallEntities2022-09-012023-08-3104862796ns10:AuditExempt-NoAccountantsReport2022-09-012023-08-3104862796ns10:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3104862796ns10:SmallCompaniesRegimeForAccounts2022-09-012023-08-3104862796ns10:FullAccounts2022-09-012023-08-3104862796ns10:RegisteredOffice2022-09-012023-08-3104862796ns5:CurrentFinancialInstruments2023-08-3104862796ns5:CurrentFinancialInstruments2022-08-3104862796ns5:ShareCapital2023-08-3104862796ns5:ShareCapital2022-08-3104862796ns5:RetainedEarningsAccumulatedLosses2023-08-3104862796ns5:RetainedEarningsAccumulatedLosses2022-08-3104862796ns5:LandBuildings2022-09-012023-08-3104862796ns5:LandBuildings2022-08-3104862796ns5:LandBuildings2023-08-3104862796ns5:LandBuildings2022-08-3104862796ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-3104862796ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-08-31
REGISTERED NUMBER: 04862796 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

FOR

ORIENT DESIGN LTD

ORIENT DESIGN LTD (REGISTERED NUMBER: 04862796)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ORIENT DESIGN LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTOR: J E Q Harris





REGISTERED OFFICE: The Corner House
2 Grove Park
Wanstead
London
E11 2DL





REGISTERED NUMBER: 04862796 (England and Wales)





ACCOUNTANTS: Wilson Devenish
67 Newland Street
Witham
Essex
CM8 1AA

ORIENT DESIGN LTD (REGISTERED NUMBER: 04862796)

BALANCE SHEET
31 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 835,746 843,582

CURRENT ASSETS
Debtors 5 38,838 31,821
Cash at bank 6,691 4,526
45,529 36,347
CREDITORS
Amounts falling due within one year 6 868,667 890,836
NET CURRENT LIABILITIES (823,138 ) (854,489 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,608

(10,907

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 12,607 (10,908 )
SHAREHOLDERS' FUNDS 12,608 (10,907 )

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

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

The director acknowledges his 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 6 November 2023 and were signed by:





J E Q Harris - Director


ORIENT DESIGN LTD (REGISTERED NUMBER: 04862796)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1. STATUTORY INFORMATION

Orient Design Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - over the term of the lease

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

ORIENT DESIGN LTD (REGISTERED NUMBER: 04862796)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 September 2022
and 31 August 2023 892,287
DEPRECIATION
At 1 September 2022 48,705
Charge for year 7,836
At 31 August 2023 56,541
NET BOOK VALUE
At 31 August 2023 835,746
At 31 August 2022 843,582

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 15,616 8,599
Other debtors 23,222 23,222
38,838 31,821

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,449 871
Taxation and social security 10,178 10,631
Other creditors 857,040 879,334
868,667 890,836