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Company Registration No. 14110930 (England and Wales)
ORBIT CONSTRUCTION LTD Unaudited accounts for the year ended 31 May 2024
ORBIT CONSTRUCTION LTD Unaudited accounts Contents
Page
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ORBIT CONSTRUCTION LTD Company Information for the year ended 31 May 2024
Directors
Jack Hughes Lee Nicholls
Company Number
14110930 (England and Wales)
Registered Office
FOUR ACRES MAESMAUR ROAD TATSFIELD WESTERHAM TN16 2LD ENGLAND
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ORBIT CONSTRUCTION LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
40,629 
16,180 
Current assets
Debtors
16,920 
20,586 
Cash at bank and in hand
50,372 
8,307 
67,292 
28,893 
Creditors: amounts falling due within one year
(29,659)
(10,150)
Net current assets
37,633 
18,743 
Total assets less current liabilities
78,262 
34,923 
Creditors: amounts falling due after more than one year
(29,243)
(8,542)
Net assets
49,019 
26,381 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
48,919 
26,281 
Shareholders' funds
49,019 
26,381 
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 29 August 2024 and were signed on its behalf by
Jack Hughes Director Company Registration No. 14110930
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ORBIT CONSTRUCTION LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
ORBIT CONSTRUCTION LTD is a private company, limited by shares, registered in England and Wales, registration number 14110930. The registered office is FOUR ACRES MAESMAUR ROAD, TATSFIELD, WESTERHAM, TN16 2LD, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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% Straight Line
Motor vehicles
20% Straight Line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
20,225 
- 
20,225 
Additions
- 
35,617 
35,617 
At 31 May 2024
20,225 
35,617 
55,842 
Depreciation
At 1 June 2023
4,045 
- 
4,045 
Charge for the year
4,045 
7,123 
11,168 
At 31 May 2024
8,090 
7,123 
15,213 
Net book value
At 31 May 2024
12,135 
28,494 
40,629 
At 31 May 2023
16,180 
- 
16,180 
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ORBIT CONSTRUCTION LTD Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
5,706 
Trade debtors
16,920 
13,212 
Other debtors
- 
1,668 
16,920 
20,586 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
14,893 
- 
Obligations under finance leases and hire purchase contracts
8,733 
- 
Taxes and social security
6,033 
8,984 
Loans from directors
- 
1,166 
29,659 
10,150 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
29,243 
8,542 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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