IRIS Accounts Production v24.3.2.46 04552883 Board of Directors 1.6.23 31.5.24 31.5.24 13.12.24 true false true false false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh045528832023-05-31045528832024-05-31045528832023-06-012024-05-31045528832022-05-31045528832022-06-012023-05-31045528832023-05-3104552883ns15:EnglandWales2023-06-012024-05-3104552883ns14:PoundSterling2023-06-012024-05-3104552883ns10:Director12023-06-012024-05-3104552883ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3104552883ns10:SmallEntities2023-06-012024-05-3104552883ns10:Audited2023-06-012024-05-3104552883ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3104552883ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3104552883ns10:FullAccounts2023-06-012024-05-310455288312023-06-012024-05-3104552883ns10:Director22023-06-012024-05-3104552883ns10:Director32023-06-012024-05-3104552883ns10:Director42023-06-012024-05-3104552883ns10:Director52023-06-012024-05-3104552883ns10:Director62023-06-012024-05-3104552883ns10:RegisteredOffice2023-06-012024-05-3104552883ns5:CurrentFinancialInstruments2024-05-3104552883ns5:CurrentFinancialInstruments2023-05-3104552883ns5:ShareCapital2024-05-3104552883ns5:ShareCapital2023-05-3104552883ns5:CapitalRedemptionReserve2024-05-3104552883ns5:CapitalRedemptionReserve2023-05-3104552883ns5:RetainedEarningsAccumulatedLosses2024-05-3104552883ns5:RetainedEarningsAccumulatedLosses2023-05-3104552883ns5:NetGoodwill2023-06-012024-05-3104552883ns5:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3104552883ns5:LandBuildings2023-06-012024-05-3104552883ns5:PlantMachinery2023-06-012024-05-3104552883ns5:NetGoodwill2023-05-3104552883ns5:NetGoodwill2024-05-3104552883ns5:NetGoodwill2023-05-3104552883ns5:LandBuildings2023-05-3104552883ns5:PlantMachinery2023-05-3104552883ns5:LandBuildings2024-05-3104552883ns5:PlantMachinery2024-05-3104552883ns5:LandBuildings2023-05-3104552883ns5:PlantMachinery2023-05-3104552883ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-05-3104552883ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3104552883ns5:RetainedEarningsAccumulatedLosses2023-05-3104552883ns5:CapitalRedemptionReserve2023-05-3104552883ns5:RetainedEarningsAccumulatedLosses2023-06-012024-05-31
REGISTERED NUMBER: 04552883 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

ORCOM CIVVALS LIMITED

ORCOM CIVVALS LIMITED (REGISTERED NUMBER: 04552883)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ORCOM CIVVALS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: M A Kazi
M D Tullett
Y A Benali
P M Jones
X J C R Poulet-Goffard
Y AIT BENALI





REGISTERED OFFICE: 50 Seymour Street
London
W1H 7JG





REGISTERED NUMBER: 04552883 (England and Wales)





AUDITORS: SBM Associates Limited
24 Wandsworth Road
London
SW8 2JW

ORCOM CIVVALS LIMITED (REGISTERED NUMBER: 04552883)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 491,667 17,600
Tangible assets 5 212,857 238,695
704,524 256,295

CURRENT ASSETS
Debtors 6 1,308,025 1,289,578
Cash at bank and in hand 337,311 271,553
1,645,336 1,561,131
CREDITORS
Amounts falling due within one year 7 1,125,061 581,957
NET CURRENT ASSETS 520,275 979,174
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,224,799

1,235,469

PROVISIONS FOR LIABILITIES 38,994 35,397
NET ASSETS 1,185,805 1,200,072

CAPITAL AND RESERVES
Called up share capital 100 100
Capital redemption reserve 8 400,000 400,000
Retained earnings 8 785,705 799,972
SHAREHOLDERS' FUNDS 1,185,805 1,200,072

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 Board of Directors and authorised for issue on 13 December 2024 and were signed on its behalf by:





M A Kazi - Director


ORCOM CIVVALS LIMITED (REGISTERED NUMBER: 04552883)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

Orcom Civvals 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. 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents fees invoiced adjusted for work in progress and is stated net of value added tax.

Goodwill
Goodwill is being amortised evenly over its useful life of 10 years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - over the term of the lease
Plant and machinery etc - 20% on cost and 10% on cost

Taxation
Taxation for the year 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.


ORCOM CIVVALS LIMITED (REGISTERED NUMBER: 04552883)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company contributes to the personal pensions of its directors and employees. Contributions are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2023 - 31 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2023 3,054,167
Additions 500,000
At 31 May 2024 3,554,167
AMORTISATION
At 1 June 2023 3,036,567
Charge for year 25,933
At 31 May 2024 3,062,500
NET BOOK VALUE
At 31 May 2024 491,667
At 31 May 2023 17,600

ORCOM CIVVALS LIMITED (REGISTERED NUMBER: 04552883)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 June 2023 215,751 326,472 542,223
Additions 5,230 6,061 11,291
At 31 May 2024 220,981 332,533 553,514
DEPRECIATION
At 1 June 2023 81,045 222,483 303,528
Charge for year 15,209 21,920 37,129
At 31 May 2024 96,254 244,403 340,657
NET BOOK VALUE
At 31 May 2024 124,727 88,130 212,857
At 31 May 2023 134,706 103,989 238,695

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 948,495 887,567
Amounts owed by group undertakings 315,117 352,121
Other debtors 44,413 49,890
1,308,025 1,289,578

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 28,845 38,583
Amounts owed to group undertakings 313,683 134,963
Taxation and social security 407,268 285,003
Other creditors 375,265 123,408
1,125,061 581,957

ORCOM CIVVALS LIMITED (REGISTERED NUMBER: 04552883)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


8. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 June 2023 799,972 400,000 1,199,972
Profit for the year 313,733 313,733
Dividends (328,000 ) (328,000 )
At 31 May 2024 785,705 400,000 1,185,705

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Stephen B McAlpine (Senior Statutory Auditor)
for and on behalf of SBM Associates Limited

10. ULTIMATE CONTROLLING PARTY

Civvals Holdings Limited, a company registered in England, is the immediate parent company by virtue of its controlling interest in the share capital of the company. The ultimate parent company is Orcom SA, a company incorporated in France.

The ultimate controlling party is Michel Fernand Rene Marie Martin by virtue of his interest in the ultimate parent company.