Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 11596153 Mr Daniel Dawes DVF Holdings Ltd true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11596153 2023-09-30 11596153 2024-09-30 11596153 2023-10-01 2024-09-30 11596153 frs-core:CurrentFinancialInstruments 2024-09-30 11596153 frs-core:Non-currentFinancialInstruments 2024-09-30 11596153 frs-core:ComputerEquipment 2023-10-01 2024-09-30 11596153 frs-core:FurnitureFittings 2023-10-01 2024-09-30 11596153 frs-core:MotorVehicles 2023-10-01 2024-09-30 11596153 frs-core:PlantMachinery 2024-09-30 11596153 frs-core:PlantMachinery 2023-10-01 2024-09-30 11596153 frs-core:PlantMachinery 2023-09-30 11596153 frs-core:ShareCapital 2024-09-30 11596153 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 11596153 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11596153 frs-bus:AbridgedAccounts 2023-10-01 2024-09-30 11596153 frs-bus:SmallEntities 2023-10-01 2024-09-30 11596153 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 11596153 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 11596153 1 2023-10-01 2024-09-30 11596153 frs-bus:Director1 2023-10-01 2024-09-30 11596153 frs-countries:EnglandWales 2023-10-01 2024-09-30 11596153 2022-09-30 11596153 2023-09-30 11596153 2022-10-01 2023-09-30 11596153 frs-core:CurrentFinancialInstruments 2023-09-30 11596153 frs-core:Non-currentFinancialInstruments 2023-09-30 11596153 frs-core:MotorVehicles 2022-10-01 2023-09-30 11596153 frs-core:WithinOneYear 2023-09-30 11596153 frs-core:ShareCapital 2023-09-30 11596153 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 11596153
Orion TS Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 September 2024
South Wales Accountancy & Taxation Limited
6 Vale View
Sarn
Bridgend
CF32 9RY
Contents
Page
Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11596153
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 48,123 30,857
48,123 30,857
CURRENT ASSETS
Stocks 5 5,130 32,789
Debtors 6 131,056 197,872
Cash at bank and in hand 71,983 179,650
208,169 410,311
Creditors: Amounts Falling Due Within One Year 7 (62,402 ) (306,879 )
NET CURRENT ASSETS (LIABILITIES) 145,767 103,432
TOTAL ASSETS LESS CURRENT LIABILITIES 193,890 134,289
Creditors: Amounts Falling Due After More Than One Year 8 (15,160 ) (22,784 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,030 ) (6,032 )
NET ASSETS 167,700 105,473
CAPITAL AND RESERVES
Called up share capital 11 2 2
Profit and Loss Account 167,698 105,471
SHAREHOLDERS' FUNDS 167,700 105,473
Page 1
Page 2
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account for the year end 30 September 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Daniel Dawes
Director
23/05/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Orion TS Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11596153 . The registered office is 376 Newport Road, Cardiff, CF23 9AE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements are prepared on a going concern basis, based on the continuing support of the company director.

The divdiends were paid when the company had sufficient profits to be able to do so.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% Straight line
Motor Vehicles 20% Straight line
Fixtures & Fittings 20% Straight line
Computer Equipment 20% Straight line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
Page 3
Page 4
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 8)
8 8
4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 October 2023 56,189
Additions 43,142
Disposals (22,490 )
As at 30 September 2024 76,841
Depreciation
As at 1 October 2023 25,332
Provided during the period 14,232
Disposals (10,846 )
As at 30 September 2024 28,718
Net Book Value
As at 30 September 2024 48,123
As at 1 October 2023 30,857
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2024 2023
£ £
Motor Vehicles - 6,994
Page 4
Page 5
5. Stocks
2024 2023
£ £
Materials 630 600
Work in progress 4,500 32,189
5,130 32,789
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 104,373 178,025
Other debtors 26,683 19,847
131,056 197,872
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 2,257
Trade creditors 19,097 49,957
Bank loans and overdrafts 8,065 10,275
Other creditors 6,994 226,752
Taxation and social security 28,246 17,638
62,402 306,879
The directors loan account is interest free and repayable on demand.
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 15,160 22,784
9. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 2,257
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 2,257
Page 5
Page 6
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
12. Directors Advances, Credits and Guarantees
Dividends paid to directors
2024 2023
£ £
Mr Daniel Dawes - 1,000
13. Ultimate Controlling Party
The company's ultimate controlling party is DVF Holdings Ltd by virtue of its ownership of 100% of the issued share capital in the company.
Page 6