Company Registration No. 12439455 (England and Wales)
Oratio Limited
Unaudited accounts
for the year ended 29 February 2024
Oratio Limited
Unaudited accounts
Contents
Oratio Limited
Company Information
for the year ended 29 February 2024
Director
Adebola Matilda Oyinloye
Company Number
12439455 (England and Wales)
Registered Office
7 Bell Yard
London
WC2A 2JR
England
Oratio Limited
Statement of financial position
as at 29 February 2024
Tangible assets
279,950
279,950
Cash at bank and in hand
2,101
1,940
Creditors: amounts falling due within one year
(8,519)
(7,797)
Net current liabilities
(6,418)
(5,857)
Total assets less current liabilities
273,532
274,093
Creditors: amounts falling due after more than one year
(313,133)
(311,483)
Net liabilities
(39,601)
(37,390)
Called up share capital
1
1
Profit and loss account
(39,602)
(37,391)
Shareholders' funds
(39,601)
(37,390)
For the year ending 29 February 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 her 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 22 November 2024 and were signed on its behalf by
Adebola Matilda Oyinloye
Director
Company Registration No. 12439455
Oratio Limited
Notes to the Accounts
for the year ended 29 February 2024
Oratio Limited is a private company, limited by shares, registered in England and Wales, registration number 12439455. The registered office is 7 Bell Yard, London, WC2A 2JR, England.
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 remained unchanged from the previous year, and also 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:
4
Tangible fixed assets
Land & buildings
At 29 February 2024
279,950
At 29 February 2024
279,950
At 28 February 2023
279,950
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
7,572
7,572
Oratio Limited
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
252,764
252,764
Loans from directors
60,369
58,719
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).