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REGISTERED NUMBER: 05141167 (England and Wales)


Financial Statements for the Year Ended 31 March 2024

for

Oratech Solutions Ltd

Oratech Solutions Ltd (Registered number: 05141167)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Oratech Solutions Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr Ashok Chandra Panigrahi





SECRETARY: Mrs Neera Tiwari





REGISTERED OFFICE: Bridge House
9 -13 Holbrook Lane
Coventry
West Midlands
CV6 4AD





REGISTERED NUMBER: 05141167 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Oratech Solutions Ltd (Registered number: 05141167)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 2,624 3,499

CURRENT ASSETS
Debtors 5 18,467 25,667
Cash at bank and in hand 142,252 67,895
160,719 93,562
CREDITORS
Amounts falling due within one year 6 44,376 7,083
NET CURRENT ASSETS 116,343 86,479
TOTAL ASSETS LESS CURRENT
LIABILITIES

118,967

89,978

CAPITAL AND RESERVES
Called up share capital 7 5 5
Retained earnings 118,962 89,973
SHAREHOLDERS' FUNDS 118,967 89,978

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Oratech Solutions Ltd (Registered number: 05141167)

Statement of Financial Position - continued
31 March 2024


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 18 September 2024 and were signed by:





Mr Ashok Chandra Panigrahi - Director


Oratech Solutions Ltd (Registered number: 05141167)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Oratech Solutions 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.

Turnover
Turnover represents net sales of invoiced goods and services excluding Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 16,649
DEPRECIATION
At 1 April 2023 13,150
Charge for year 875
At 31 March 2024 14,025
NET BOOK VALUE
At 31 March 2024 2,624
At 31 March 2023 3,499

Oratech Solutions Ltd (Registered number: 05141167)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 12,648 18,684
Other debtors 5,819 6,983
18,467 25,667

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 16,379 4,570
Other creditors 27,997 2,513
44,376 7,083

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
1 Ordinary £5 5 5