Company Registration No. 10343844 (England and Wales)
ORETEK LIMITED
Unaudited accounts
for the year ended 31 August 2024
ORETEK LIMITED
Unaudited accounts
Contents
ORETEK LIMITED
Company Information
for the year ended 31 August 2024
Company Number
10343844 (England and Wales)
Registered Office
CROSSROADS FARM
HAVERSHAM
MILTON KEYNES
MK19 7DS
UNITED KINGDOM
ORETEK LIMITED
Statement of financial position
as at 31 August 2024
Cash at bank and in hand
25,351
51,135
Creditors: amounts falling due within one year
(4,010)
(9,256)
Net current assets
58,765
57,511
Called up share capital
3
3
Profit and loss account
58,762
57,508
Shareholders' funds
58,765
57,511
For the year ending 31 August 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 his 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 24 March 2025 and were signed on its behalf by
Michael Norman
Director
Company Registration No. 10343844
ORETEK LIMITED
Notes to the Accounts
for the year ended 31 August 2024
ORETEK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10343844. The registered office is CROSSROADS FARM, HAVERSHAM, MILTON KEYNES, MK19 7DS, UNITED KINGDOM.
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:
Motor vehicles
25% Straight Line
Fixtures & fittings
33% Straight Line
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2023
8,000
800
8,800
At 31 August 2024
8,000
800
8,800
At 1 September 2023
8,000
800
8,800
At 31 August 2024
8,000
800
8,800
Amounts falling due within one year
Trade debtors
37,424
15,632
ORETEK LIMITED
Notes to the Accounts
for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
294
1,505
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).