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Company Registration No. 08670886 (England and Wales)
Loriks Ltd Unaudited accounts for the year ended 30 September 2024
Loriks Ltd Unaudited accounts Contents
Page
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Loriks Ltd Company Information for the year ended 30 September 2024
Director
Gheorghe Chiscan
Company Number
08670886 (England and Wales)
Registered Office
38 Milton Court Ickenham Uxbridge UB10 8ND England
Accountants
UJS London Ltd 127A High Street Hornchurch RM11 1TX
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Loriks Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
54 
Current assets
Debtors
64,560 
38,980 
Cash at bank and in hand
91,537 
51,171 
156,097 
90,151 
Creditors: amounts falling due within one year
(35,505)
(19,296)
Net current assets
120,592 
70,855 
Total assets less current liabilities
120,592 
70,909 
Creditors: amounts falling due after more than one year
(15,260)
(13,526)
Net assets
105,332 
57,383 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
105,232 
57,283 
Shareholders' funds
105,332 
57,383 
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 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 11 June 2025 and were signed on its behalf by
Gheorghe Chiscan Director Company Registration No. 08670886
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Loriks Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Loriks Ltd is a private company, limited by shares, registered in England and Wales, registration number 08670886. The registered office is 38 Milton Court, Ickenham, Uxbridge, UB10 8ND, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Plant & machinery
20%
Computer equipment
20%
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
267 
298 
565 
Disposals
- 
(298)
(298)
At 30 September 2024
267 
- 
267 
Depreciation
At 1 October 2023
213 
298 
511 
Charge for the year
54 
- 
54 
On disposals
- 
(298)
(298)
At 30 September 2024
267 
- 
267 
Net book value
At 30 September 2024
- 
- 
- 
At 30 September 2023
54 
- 
54 
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Loriks Ltd Notes to the Accounts for the year ended 30 September 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
876 
2,565 
Trade debtors
24,994 
6,791 
Other debtors
38,690 
29,624 
64,560 
38,980 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
20,865 
8,037 
Taxes and social security
13,098 
6,709 
Other creditors
1,042 
4,050 
Accruals
500 
500 
35,505 
19,296 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
15,260 
13,526 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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