ORBIQUE LIMITED Filleted Accounts Cover
ORBIQUE LIMITED
Company No. 12290485
Information for Filing with The Registrar
For the year ended
31 October 2024
ORBIQUE LIMITED Balance Sheet Registrar
at
31 October 2024
Company No.
12290485
Notes
2024
2023
£
£
Fixed assets
Intangible assets
4
35,25035,250
Tangible assets
5
1,5571,946
36,80737,196
Current assets
Debtors
6
95,21971,345
Cash at bank and in hand
5,2782,150
100,49773,495
Creditors: Amount falling due within one year
7
(57,607)
(53,561)
Net current assets
42,89019,934
Total assets less current liabilities
79,69757,130
Provisions for liabilities
Deferred taxation
(296)
(370)
Net assets
79,40156,760
Capital and reserves
Called up share capital
100100
Profit and loss account
8
79,30156,660
Total equity
79,40156,760
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 October 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 11 July 2025 and signed on its behalf by:
S. Shah
Director
11 July 2025
ORBIQUE LIMITED Notes to the Accounts Registrar
for the year ended 31 October 2024
1
General information
ORBIQUE LIMITED is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 12290485
Its registered office is:
Conex House, Second Floor
148 Field End Road
Pinner
Middlesex
HA5 1RJ
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Furniture, fittings and equipment
20% Reducing balance basis
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 profit and loss account because of items of income or expense that are taxable or deductible in other years 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 temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary 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.

Current or deferred tax for the year is recognised in profit or loss, except when they relate 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.
Defined contribution pensions
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 payments obligations.
The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
3
Employees
2024
2023
Number
Number
The average monthly number of employees (including directors) during the year was:
22
4
Intangible fixed assets
Goodwill
Total
£
£
Cost
At 1 November 2023
35,25035,250
At 31 October 2024
35,25035,250
Amortisation and impairment
Net book values
At 31 October 2024
35,25035,250
At 31 October 2023
35,25035,250
5
Tangible fixed assets
Fixtures, fittings and equipment
Total
£
£
Cost or revaluation
At 1 November 2023
4,7504,750
At 31 October 2024
4,7504,750
Depreciation
At 1 November 2023
2,8042,804
Charge for the year
389389
At 31 October 2024
3,1933,193
Net book values
At 31 October 2024
1,5571,557
At 31 October 2023
1,946
1,946
6
Debtors
2024
2023
£
£
Trade debtors
14,89013,628
Other debtors
80,32957,717
95,21971,345
7
Creditors:
amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
4,9367,957
Taxes and social security
14,218
9,709
Loans from directors
38,15434,301
Other creditors
2981,593
Accruals and deferred income
11
57,60753,561
8
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
9
Dividends
2024
2023
£
£
Dividends for the period:
Dividends paid in the period
10,000
20,000
10,000
20,000
Dividends by type:
Equity dividends
10,00020,000
10,000
20,000
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