IRIS Accounts Production v24.2.0.383 05311583 director 1.1.23 31.12.23 31.12.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh053115832022-12-31053115832023-12-31053115832023-01-012023-12-31053115832021-12-31053115832022-01-012022-12-31053115832022-12-3105311583ns15:EnglandWales2023-01-012023-12-3105311583ns14:PoundSterling2023-01-012023-12-3105311583ns10:Director12023-01-012023-12-3105311583ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3105311583ns10:SmallEntities2023-01-012023-12-3105311583ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3105311583ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3105311583ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3105311583ns10:AbridgedAccounts2023-01-012023-12-3105311583ns10:OrdinaryShareClass12023-01-012023-12-3105311583ns10:RegisteredOffice2023-01-012023-12-3105311583ns5:CurrentFinancialInstruments2023-12-3105311583ns5:CurrentFinancialInstruments2022-12-3105311583ns5:ShareCapital2023-12-3105311583ns5:ShareCapital2022-12-3105311583ns5:RetainedEarningsAccumulatedLosses2023-12-3105311583ns5:RetainedEarningsAccumulatedLosses2022-12-3105311583ns5:FurnitureFittings2023-01-012023-12-3105311583ns5:ComputerEquipment2023-01-012023-12-3105311583ns10:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 05311583 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ORVAAL LIMITED

ORVAAL LIMITED (REGISTERED NUMBER: 05311583)

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










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


ORVAAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: Mr A Liuba





REGISTERED OFFICE: 2 Mountside
Stanmore
Middlesex
HA7 2DT





REGISTERED NUMBER: 05311583 (England and Wales)





ACCOUNTANTS: Mountsides Limited
Chartered Accountants
2 Mountside
Stanmore
Middlesex
HA7 2DT

ORVAAL LIMITED (REGISTERED NUMBER: 05311583)

ABRIDGED BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 5 531 1,638

CURRENT ASSETS
Debtors 46,707 67,139
Cash at bank 16,600 28,777
63,307 95,916
CREDITORS
Amounts falling due within one year (20,004 ) (38,992 )
NET CURRENT ASSETS 43,303 56,924
TOTAL ASSETS LESS CURRENT
LIABILITIES

43,834

58,562

CAPITAL AND RESERVES
Called up share capital 6 2 2
Retained earnings 43,832 58,560
SHAREHOLDERS' FUNDS 43,834 58,562

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

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

ORVAAL LIMITED (REGISTERED NUMBER: 05311583)

ABRIDGED BALANCE SHEET - continued
31 DECEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 26 September 2024 and were signed by:





Mr A Liuba - Director


ORVAAL LIMITED (REGISTERED NUMBER: 05311583)

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


1. STATUTORY INFORMATION

Orvaal 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover represents net invoiced value of services provided relating to the principal activity of the company being that of consultancy and software development.

Turnover has also been recognised in respect of on going services with the value of work completed and unbilled at the balance sheet date being taken to turnover and the associated costs, where not invoiced at that date, being accrued for.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 50% on cost
Computer equipment - 50% on cost

FOREIGN CURRENCIES
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

4. EMPLOYEES AND DIRECTORS

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

ORVAAL LIMITED (REGISTERED NUMBER: 05311583)

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


5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023 6,579
Additions 1,063
At 31 December 2023 7,642
DEPRECIATION
At 1 January 2023 4,941
Charge for year 2,170
At 31 December 2023 7,111
NET BOOK VALUE
At 31 December 2023 531
At 31 December 2022 1,638

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2