ORMSBY OF DUN LAOGHAIRE LIMITED

Company Registration Number:
01926935 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

ORMSBY OF DUN LAOGHAIRE LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

ORMSBY OF DUN LAOGHAIRE LIMITED

Company Information

for the Period Ended 30 June 2023




Director: Bruno Ormsby
Fiona Ormsby
Simon Ormsby
Mark Ormsby
Registered office: Woodland Works
542 Southport Road
Scarisbrick
Ormskirk
L40 9QQ
Company Registration Number: 01926935 (England and Wales)

ORMSBY OF DUN LAOGHAIRE LIMITED

Directors' Report Period Ended 30 June 2023

The directors present their report with the financial statements of the company for the period ended 30 June 2023

Principal Activities

shaping, cutting and engraving stone

Directors

The directors shown below have held office during the whole of the period from 01 July 2022 to 30 June 2023
Bruno Ormsby
Fiona Ormsby
Simon Ormsby
Mark Ormsby

This report was approved by the board of directors on 7 March 2024
And Signed On Behalf Of The Board By:

Name: Bruno Ormsby
Status: Director

Name: Fiona Ormsby
Status: Director

ORMSBY OF DUN LAOGHAIRE LIMITED

Balance sheet

As at 30 June 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 2,218 2,858
Total fixed assets: 2,218 2,858
Current assets
Stocks: 27,097 28,662
Debtors: 5 18,634 5,084
Cash at bank and in hand: 29,934 30,128
Total current assets: 75,665 63,874
Creditors: amounts falling due within one year: 6 ( 81,239 ) ( 82,174 )
Net current assets (liabilities): ( 5,574 ) ( 18,300 )
Total assets less current liabilities: ( 3,356 ) ( 15,442 )
Total net assets (liabilities): ( 3,356 ) ( 15,442 )

The notes form part of these financial statements

ORMSBY OF DUN LAOGHAIRE LIMITED

Balance sheet continued

As at 30 June 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 3,456 ) ( 15,542 )
Shareholders funds: ( 3,356 ) ( 15,442 )

For the year ending 30 June 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.

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

This report was approved by the board of directors on 7 March 2024
And Signed On Behalf Of The Board By:

Name: Bruno Ormsby
Status: Director

Name: Fiona Ormsby
Status: Director

The notes form part of these financial statements

ORMSBY OF DUN LAOGHAIRE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    The turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the companies activities. Turnover is shown nett of sales/value tadded tax, returns, rebates and discounts.

    Tangible fixed assets depreciation policy

    Tangible Assets are stated in the balance sheet at cost less any subsequent accumalated depreciation and sunsquent accumalted losses.

    Valuation information and policy

    Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs is determined using the first in first out method. The cost of work in progress comprises direct materials and where applicable direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date stocks are assessed for impairment. If stocks are impaired the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

    Other accounting policies

    Depreciation is charges so as to write off the costs assets other than land and properties under construction over their estimated useful lives as follows:- Asset Class Depreciation method and rate Property Improvements 10% reducing balance Plant and Machinery 20% reducing balance Office Equiment comprising:- Mobile Works Unit 10% reducing balance Computer equipment 33.3% straight line

ORMSBY OF DUN LAOGHAIRE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 5 5

    Average number of persons employed by the company include directors.

ORMSBY OF DUN LAOGHAIRE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 3. Off balance sheet disclosure

    No

ORMSBY OF DUN LAOGHAIRE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Tangible assets

Land & buildings Plant & machinery Office equipment Total
Cost £ £ £ £
At 01 July 2022 4,516 31,530 3,452 39,498
Additions - - 92 92
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 30 June 2023 4,516 31,530 3,544 39,590
Depreciation
At 01 July 2022 3,808 29,696 3,136 36,640
Charge for year 71 493 168 732
On disposals - - - -
Other adjustments - - - -
At 30 June 2023 3,879 30,189 3,304 37,372
Net book value
At 30 June 2023 637 1,341 240 2,218
At 30 June 2022 708 1,834 316 2,858

ORMSBY OF DUN LAOGHAIRE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Debtors


2023
£

2022
£
Trade debtors 18,634 5,084
Total 18,634 5,084

ORMSBY OF DUN LAOGHAIRE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 27,269 20,433
Taxation and social security 9,988 3,834
Accruals and deferred income 5,095 5,045
Other creditors 38,887 52,862
Total 81,239 82,174

ORMSBY OF DUN LAOGHAIRE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

7.1.Related party disclosures

Name of related party: Ormsby of Scarisbrick Ltd
Description of relationship:
Both companies under similar control and ownership
Description of the transaction:
The balance due to Ormsby of Scarisbrick Ltd at the year end is £27702.00 and is included in other creditors.
Balance at 01 July 2022 43,471
Balance at 30 June 2023 27,702

Name of related party: Mrs P Ormsby
Description of relationship:
Mother of directors
Description of the transaction:
At the year end teh company owed £7700.00
Balance at 01 July 2022 7,700
Balance at 30 June 2023 7,700