Registered Number:08613501 |
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 May 2024
Orbit Transtech Limited
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
Orbit Transtech Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
34,650
-
2
34,650
-
Trade and other receivables |
49,500
49,500
3
108,199
Cash and cash equivalents |
39,499
88,999
157,699
Trade and other payables: amounts falling due within one |
year |
(38,080)
(17,297)
4
119,619
71,702
Net current assets
Total assets less current liabilities |
106,352
119,619
Trade and other payables: amounts falling due after more |
than one year |
(265,439)
(248,134)
5
(141,782)
Net liabilities
(145,820)
100
100
(141,882)
(145,920)
(141,782)
(145,820)
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 25 February 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 May 2024
Orbit Transtech Limited
Notes to the Financial Statements
Statutory Information
Orbit Transtech Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 08613501. |
Haslam House Suite 16, Nortex Mill
105 Chorley Old Road
Bolton
Lancashire
BL1 3AS
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
2. Property, plant and equipment |
1,558
38,500
40,058
Provision for depreciation and impairment |
1,558
Charge for year
3,850
5,408
34,650
-
3. Trade and other receivables |
2023
2024
49,500
49,500
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For the year ended 31 May 2024
Orbit Transtech Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year |
2023
2024
Bank loans and overdraft (secured) |
-
9,728
7,740
6,480
Taxation and social security |
486
238
9,071
21,634
17,297
38,080
5. Trade and other payables: amounts falling due after more than one year |
2023
2024
Bank loans and overdraft (secured) |
-
20,639
248,134
244,800
248,134
265,439
6. Average number of persons employed |
During the year the average number of employees was 3 (2023 : 3)
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