Company Registration No. 14955586 (England and Wales)
Oryx Recycling Ltd
Unaudited accounts
for the period from 23 June 2023 to 31 March 2024
Oryx Recycling Ltd
Unaudited accounts
Contents
Oryx Recycling Ltd
Company Information
for the period from 23 June 2023 to 31 March 2024
Company Number
14955586 (England and Wales)
Registered Office
71-75 SHELTON STREET
COVENT GARDEN
LONDON
WC2H 9JQ
UNITED KINGDOM
Oryx Recycling Ltd
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
177,877
Creditors: amounts falling due within one year
(109,194)
Net current assets
219,092
Total assets less current liabilities
985,169
Creditors: amounts falling due after more than one year
(775,000)
Profit and loss account
210,168
Shareholders' funds
210,169
For the period ending 31 March 2024 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 director acknowledges his 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 and authorised for issue on 24 April 2024 and were signed on its behalf by
M O Khan
Director
Company Registration No. 14955586
Oryx Recycling Ltd
Notes to the Accounts
for the period from 23 June 2023 to 31 March 2024
Oryx Recycling Ltd is a private company, limited by shares, registered in England and Wales, registration number 14955586. The registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, WC2H 9JQ, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 % Reducing balance basis
Fixtures & fittings
15 % Staright line basis
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
775,000
17,800
792,800
At 31 March 2024
775,000
17,800
792,800
Charge for the period
25,833
890
26,723
At 31 March 2024
25,833
890
26,723
At 31 March 2024
749,167
16,910
766,077
Amounts falling due within one year
Oryx Recycling Ltd
Notes to the Accounts
for the period from 23 June 2023 to 31 March 2024
6
Creditors: amounts falling due within one year
2024
7
Creditors: amounts falling due after more than one year
2024
Loans from directors
775,000
8
Average number of employees
During the period the average number of employees was 2.