PTP Accounts Production v24.2.0.383 06058040 director 1.12.22 30.11.23 30.11.23 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh060580402022-11-30060580402023-11-30060580402022-12-012023-11-30060580402021-11-30060580402021-12-012022-11-30060580402022-11-3006058040ns15:EnglandWales2022-12-012023-11-3006058040ns14:PoundSterling2022-12-012023-11-3006058040ns10:Director12022-12-012023-11-3006058040ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3006058040ns10:SmallEntities2022-12-012023-11-3006058040ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3006058040ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3006058040ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3006058040ns10:FullAccounts2022-12-012023-11-3006058040ns10:OrdinaryShareClass12022-12-012023-11-3006058040ns10:RegisteredOffice2022-12-012023-11-3006058040ns5:CurrentFinancialInstruments2023-11-3006058040ns5:CurrentFinancialInstruments2022-11-3006058040ns5:Non-currentFinancialInstruments2023-11-3006058040ns5:Non-currentFinancialInstruments2022-11-3006058040ns5:ShareCapital2023-11-3006058040ns5:ShareCapital2022-11-3006058040ns5:RetainedEarningsAccumulatedLosses2023-11-3006058040ns5:RetainedEarningsAccumulatedLosses2022-11-3006058040ns5:FurnitureFittings2022-12-012023-11-3006058040ns5:PlantMachinery2022-11-3006058040ns5:PlantMachinery2023-11-3006058040ns5:PlantMachinery2022-11-3006058040ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-3006058040ns5:WithinOneYearns5:CurrentFinancialInstruments2022-11-3006058040ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-11-3006058040ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-11-3006058040ns10:OrdinaryShareClass12023-11-30
REGISTERED NUMBER: 06058040 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Orbis Parcs Limited

Orbis Parcs Limited (Registered number: 06058040)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Orbis Parcs Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: R Eeuwijk





REGISTERED OFFICE: 176 Monton Road
Monton
Manchester
M30 9GA





REGISTERED NUMBER: 06058040 (England and Wales)





ACCOUNTANTS: Robbins
176 Monton Road
Monton
Greater Manchester
M30 9GA

Orbis Parcs Limited (Registered number: 06058040)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 1 1

CURRENT ASSETS
Inventories 4,447,620 3,975,272
Debtors 5 161,788 156,949
Cash at bank 1,959 71,211
4,611,367 4,203,432
CREDITORS
Amounts falling due within one year 6 2,076,586 1,957,578
NET CURRENT ASSETS 2,534,781 2,245,854
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,534,782

2,245,855

CREDITORS
Amounts falling due after more than one
year

7

2,580,381

2,284,666
NET LIABILITIES (45,599 ) (38,811 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (45,699 ) (38,911 )
SHAREHOLDERS' FUNDS (45,599 ) (38,811 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Orbis Parcs Limited (Registered number: 06058040)

Balance Sheet - continued
30 November 2023


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 September 2024 and were signed by:





R Eeuwijk - Director


Orbis Parcs Limited (Registered number: 06058040)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Orbis Parcs Limited 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.
Website - 20% on cost

Land and property development
Land and property developments are recorded at the lower of cost and net realisable value.

Taxation
Taxation for the yearr 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.

Capitalisation of borrowing costs
Borrowing costs that are directly attributable to the development of the leisure project are being capitalised in full and included in the total costs of the construction.

3. EMPLOYEES AND DIRECTORS

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

Orbis Parcs Limited (Registered number: 06058040)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 December 2022
and 30 November 2023 4,000
DEPRECIATION
At 1 December 2022
and 30 November 2023 3,999
NET BOOK VALUE
At 30 November 2023 1
At 30 November 2022 1

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other debtors 151,963 153,629
VAT 9,825 3,320
161,788 156,949

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 118,928 118,928
Trade creditors - 139
Other creditors 1,802,530 1,686,251
Directors' current accounts 206 206
Accrued expenses 154,922 152,054
2,076,586 1,957,578

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans - 2-5 years 2,580,381 2,284,666

8. SECURED DEBTS

Included in bank loans and other creditors are loans totalling £2,699,309 (2022 £2,403,594) that are secured by fixed and floating charges on the development land and property.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
100 Ordinary £1 100 100

Orbis Parcs Limited (Registered number: 06058040)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

10. RELATED PARTY DISCLOSURES

Included in creditors are amounts due to the director, members of his family and associates totalling £1,802,530 (2022 £1,686,251) which are unsecured and repayable on demand.

Included in debtors are amounts due from companies under the control of the director totalling £151,963 (2022 £153,829).

11. ULTIMATE CONTROLLING PARTY

The controlling party is R Eeuwijk.