Company Registration No. 09459611 (England and Wales)
ORVIE RK LIMITED
Unaudited accounts
for the year ended 28 February 2025
ORVIE RK LIMITED
Unaudited accounts
Contents
ORVIE RK LIMITED
Company Information
for the year ended 28 February 2025
Directors
Vivian OCAMPO
Ron Gabriel OCAMPO
Company Number
09459611 (England and Wales)
Registered Office
12 LENNOX DRIVE
SWINDON
SN3 3AX
UNITED KINGDOM
Accountants
Johnson Olanrewaju
High Glory Associates
10 Riverdale Road
Kent
BEXLEY
Dartford, Kent
DA5 1QZ
ORVIE RK LIMITED
Statement of financial position
as at 28 February 2025
Intangible assets
45,000
-
Tangible assets
946,212
38,367
Cash at bank and in hand
16,010
632,335
Creditors: amounts falling due within one year
(298,159)
(264,145)
Net current (liabilities)/assets
(282,149)
368,190
Total assets less current liabilities
709,063
406,557
Creditors: amounts falling due after more than one year
(450,000)
-
Net assets
259,063
406,557
Called up share capital
100
100
Profit and loss account
258,963
406,457
Shareholders' funds
259,063
406,557
For the year ending 28 February 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 8 May 2025 and were signed on its behalf by
Vivian OCAMPO
Director
Company Registration No. 09459611
ORVIE RK LIMITED
Notes to the Accounts
for the year ended 28 February 2025
ORVIE RK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09459611. The registered office is 12 LENNOX DRIVE, SWINDON, SN3 3AX, 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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
Land & buildings
Depreciated at rate of 3% every year
Plant & machinery
Depreciated over 4 years on straight line basis.
Motor vehicles
Depreciated over 4 years on straight line basis.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
ORVIE RK LIMITED
Notes to the Accounts
for the year ended 28 February 2025
4
Intangible fixed assets
Goodwill
At 28 February 2025
50,000
At 28 February 2025
45,000
Due to the acquisition of REBJON CARE LIMITED, in addition to the physical assets, a £50,000 Goodwill was acquired. This is to be amortised over 10 years.
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2024
51,155
16,420
12,428
80,003
Additions
950,000
50,000
-
1,000,000
At 28 February 2025
1,001,155
66,420
12,428
1,080,003
At 1 March 2024
12,790
16,419
12,427
41,636
Charge for the year
79,655
12,500
-
92,155
At 28 February 2025
92,445
28,919
12,427
133,791
At 28 February 2025
908,710
37,501
1
946,212
At 29 February 2024
38,365
1
1
38,367
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
50,000
-
Taxes and social security
575
8,645
Proposed dividends
-
30,000
Loans from directors
245,084
161,400
7
Creditors: amounts falling due after more than one year
2025
2024
ORVIE RK LIMITED
Notes to the Accounts
for the year ended 28 February 2025
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Capital commitments
2025
2024
Amounts contracted but not provided for in the accounts
-
990,000
The previous year capital commitments of £990,000 has been finalised. The actual cost of acquisition of the Care home was £1,050,000.00 on the 10th January 2025.
During 2024 financial year the company was in the process of acquiring a business that would require initial deposit of £550,000.00. The process was completed on the 10 January 2025, The previous year contingent liability has been settled.
11
Average number of employees
During the year the average number of employees was 27 (2024: 27).