Registered number
00877387
Richard Orton Contracts Limited
Filleted Accounts
31 March 2025
Richard Orton Contracts Limited
Registered number: 00877387
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Current assets
Debtors 3 612 907
Creditors: amounts falling due within one year 4 (328) (295)
Net current assets 284 612
Net assets 284 612
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account (716) (388)
Shareholders' funds 284 612
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
R Orton
Director
Approved by the board on 6 May 2025
Richard Orton Contracts Limited
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 2 2
3 Debtors 2025 2024
£ £
Other debtors 612 907
4 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 328 295
5 Related party transactions 2025 2024
£ £
Richard Orton Limited
Associated company
Interest free loan
Amount due from (to) the related party 612 907
6 Controlling party
The company is controlled by Mr R Orton and Mrs S Orton.
7 Other information
Richard Orton Contracts Limited is a private company limited by shares and incorporated in England. Its registered office is:
Fieldfare
Hordle Lane
Hordle
Lymington
SO41 0HT
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