Orlbie Limited 14941014 false 2023-06-16 2024-06-30 2024-06-30 The principal activity of the company is Management Consultancy. Digita Accounts Production Advanced 6.30.9574.0 true 14941014 2023-06-16 2024-06-30 14941014 2024-06-30 14941014 bus:OrdinaryShareClass1 2024-06-30 14941014 core:CurrentFinancialInstruments 2024-06-30 14941014 bus:SmallEntities 2023-06-16 2024-06-30 14941014 bus:AuditExemptWithAccountantsReport 2023-06-16 2024-06-30 14941014 bus:AbridgedAccounts 2023-06-16 2024-06-30 14941014 bus:SmallCompaniesRegimeForAccounts 2023-06-16 2024-06-30 14941014 bus:RegisteredOffice 2023-06-16 2024-06-30 14941014 bus:Director1 2023-06-16 2024-06-30 14941014 bus:Director2 2023-06-16 2024-06-30 14941014 bus:OrdinaryShareClass1 2023-06-16 2024-06-30 14941014 bus:PrivateLimitedCompanyLtd 2023-06-16 2024-06-30 14941014 bus:Agent1 2023-06-16 2024-06-30 14941014 countries:AllCountries 2023-06-16 2024-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14941014

Orlbie Limited

Annual Report and Unaudited Abridged Financial Statements

for the Period from 16 June 2023 to 30 June 2024

 

Orlbie Limited

Contents

Company Information

1

Abridged Balance Sheet

2

Notes to the Unaudited Abridged Financial Statements

3 to 4

 

Orlbie Limited

Company Information

Directors

Mr DN Harland

Ms E Klerk

Registered office

Tremabyn Farm
Lanivet
Bodmin
Cornwall
PL30 5BQ

Accountants

Harland Accountants Ground Floor, Unit 3 Southview House
St Austell Enterprise Park
Carclaze Down
St Austell
Cornwall
PL25 4EJ

 

Orlbie Limited

(Registration number: 14941014)
Abridged Balance Sheet as at 30 June 2024

Note

2024
£

Current assets

 

Debtors

3,000

Cash at bank and in hand

 

462

 

3,462

Accruals and deferred income

 

(3,948)

Net liabilities

 

(486)

Capital and reserves

 

Called up share capital

4

100

Retained earnings

(586)

Shareholders' deficit

 

(486)

For the financial period ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 14 March 2025 and signed on its behalf by:
 

.........................................

Mr DN Harland

Director

 

Orlbie Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 16 June 2023 to 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in Engalnd & Wales.

The address of its registered office is:
Tremabyn Farm
Lanivet
Bodmin
Cornwall
PL30 5BQ
England

These financial statements were authorised for issue by the Board on 14 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Orlbie Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 16 June 2023 to 30 June 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 1.

4

Share capital

Allotted, called up and fully paid shares

2024

No.

£

Ordinary of £1 each

100

100