Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31truefalse2024-04-01No description of principal activity910falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04933091 2024-04-01 2025-03-31 04933091 2025-03-31 04933091 2023-04-01 2024-03-31 04933091 2024-03-31 04933091 c:CompanySecretary1 2024-04-01 2025-03-31 04933091 c:Director1 2024-04-01 2025-03-31 04933091 c:RegisteredOffice 2024-04-01 2025-03-31 04933091 d:PlantMachinery 2024-04-01 2025-03-31 04933091 d:PlantMachinery 2025-03-31 04933091 d:PlantMachinery 2024-03-31 04933091 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 04933091 d:MotorVehicles 2024-04-01 2025-03-31 04933091 d:MotorVehicles 2025-03-31 04933091 d:MotorVehicles 2024-03-31 04933091 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 04933091 d:OfficeEquipment 2024-04-01 2025-03-31 04933091 d:OfficeEquipment 2025-03-31 04933091 d:OfficeEquipment 2024-03-31 04933091 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 04933091 d:ComputerEquipment 2024-04-01 2025-03-31 04933091 d:ComputerEquipment 2025-03-31 04933091 d:ComputerEquipment 2024-03-31 04933091 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 04933091 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 04933091 d:CurrentFinancialInstruments 2025-03-31 04933091 d:CurrentFinancialInstruments 2024-03-31 04933091 d:Non-currentFinancialInstruments 2025-03-31 04933091 d:Non-currentFinancialInstruments 2024-03-31 04933091 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 04933091 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 04933091 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 04933091 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 04933091 d:ShareCapital 2025-03-31 04933091 d:ShareCapital 2024-03-31 04933091 d:RetainedEarningsAccumulatedLosses 2025-03-31 04933091 d:RetainedEarningsAccumulatedLosses 2024-03-31 04933091 c:FRS102 2024-04-01 2025-03-31 04933091 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04933091 c:FullAccounts 2024-04-01 2025-03-31 04933091 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04933091 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure
Company registration number: 04933091







UNAUDITED DIRECTOR'S REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2025


ORION PROPERTY GROUP LTD






































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ORION PROPERTY GROUP LTD
 


 
COMPANY INFORMATION


Director
M P Rocks 




Company secretary
D S Shepherd



Registered number
04933091



Registered office
Manor Grange
Fifield Road

Fifield

Maidenhead

Berkshire

SL6 2PG




Accountants
Menzies LLP
Chartered Accountants

Victoria House

50-58 Victoria Road

Farnborough

Hampshire

GU14 7PG





 


ORION PROPERTY GROUP LTD
 



CONTENTS



Page
Director's Report
1
Statement of Financial Position
2 - 3
Notes to the Financial Statements
4 - 8

 


ORION PROPERTY GROUP LTD
 


 
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 MARCH 2025

The Director presents his report and the financial statements for the year ended 31 March 2025.

Business review

This was the first full year for the company after the management buy out where the Managing Director Matthew Rocks took over ownership and has been a really positive year for the company. Turnover increased while the company made a significant and healthy profit. The company used the cash generated to pay down its liabilities with total creditors reducing by 44% from £1,663,592 last year to £933,104 this year. The company’s order book looks strong and the Director is confident they are on track for another significant increase in turnover in the current year.

Director

The Director who served during the year was:

M P Rocks 

This report was approved by the board and signed on its behalf by:
 





................................................
M P Rocks
Director

Date: 17 June 2025
Page 1

 


ORION PROPERTY GROUP LTD
REGISTERED NUMBER:04933091



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
4,547
14,972

  
4,547
14,972

Current assets
  

Work in progress
  
269,803
60,506

Debtors: amounts falling due within one year
 5 
971,409
1,389,996

Cash at bank and in hand
  
28,786
465,195

  
1,269,998
1,915,697

Creditors: amounts falling due within one year
 6 
(930,037)
(1,577,856)

Net current assets
  
 
 
339,961
 
 
337,841

Total assets less current liabilities
  
344,508
352,813

Creditors: amounts falling due after more than one year
 7 
-
(85,736)

  

Net assets
  
344,508
267,077


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
344,408
266,977

  
344,508
267,077

Page 2

 


ORION PROPERTY GROUP LTD
REGISTERED NUMBER:04933091


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2025

The Director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
M P Rocks
Director

Date: 17 June 2025

The notes on pages 4 to 8 form part of these financial statements.
Page 3

 


ORION PROPERTY GROUP LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

Orion Property Group Ltd is a private company limited by shares, incorporated in the United Kingdom and registered in England and Wales. The address of its registered office, which is also the principal place of business, is disclosed on the company information page.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 


ORION PROPERTY GROUP LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
2.5

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 5

 


ORION PROPERTY GROUP LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
straight-line
Motor vehicles
-
25%
straight-line
Office equipment
-
25%
straight-line
Computer equipment
-
25%
straight-line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Stocks

Work in progress is valued at the lower of cost and net realisable value.

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financialassets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loansto third parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 9 (2024 - 10).

Page 6

 


ORION PROPERTY GROUP LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Office equipment
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 April 2024
6,368
67,879
-
17,525
91,772


Additions
-
-
653
1,860
2,513


Disposals
-
-
-
(1,751)
(1,751)



At 31 March 2025

6,368
67,879
653
17,634
92,534



Depreciation


At 1 April 2024
6,368
56,308
-
14,124
76,800


Charge for the year on owned assets
-
11,239
24
1,675
12,938


Disposals
-
-
-
(1,751)
(1,751)



At 31 March 2025

6,368
67,547
24
14,048
87,987



Net book value



At 31 March 2025
-
332
629
3,586
4,547



At 31 March 2024
-
11,571
-
3,401
14,972


5.


Debtors

2025
2024
£
£


Trade debtors
463,734
1,099,475

Amounts owed by group undertakings
400,000
220,531

Other debtors
59,240
23,414

Prepayments and accrued income
42,447
36,901

Deferred taxation
5,988
9,675

971,409
1,389,996


Page 7

 


ORION PROPERTY GROUP LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

6.


Creditors: Amounts falling due within one year

2025
2024
£
£

Bank loans
83,334
50,000

Trade creditors
444,942
839,619

Corporation tax
57,613
-

Other taxation and social security
228,899
416,277

Obligations under finance lease and hire purchase contracts
2,402
10,742

Other creditors
43,645
91,467

Accruals and deferred income
69,202
169,751

930,037
1,577,856



7.


Creditors: Amounts falling due after more than one year

2025
2024
£
£

Bank loans
-
83,334

Net obligations under finance leases and hire purchase contracts
-
2,402

-
85,736



8.


Transactions with directors

At the year end the company was owed £58,140 as a result of a loan made to the director.

 
Page 8