IRIS Accounts Production v25.1.4.42 03429575 Board of Directors 1.3.24 28.2.25 28.2.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh034295752024-02-29034295752025-02-28034295752024-03-012025-02-28034295752023-02-28034295752023-03-012024-02-29034295752024-02-2903429575ns15:EnglandWales2024-03-012025-02-2803429575ns14:PoundSterling2024-03-012025-02-2803429575ns10:Director12024-03-012025-02-2803429575ns10:PrivateLimitedCompanyLtd2024-03-012025-02-2803429575ns10:SmallEntities2024-03-012025-02-2803429575ns10:AuditExempt-NoAccountantsReport2024-03-012025-02-2803429575ns10:SmallCompaniesRegimeForDirectorsReport2024-03-012025-02-2803429575ns10:SmallCompaniesRegimeForAccounts2024-03-012025-02-2803429575ns10:FullAccounts2024-03-012025-02-2803429575ns10:Director22024-03-012025-02-2803429575ns10:RegisteredOffice2024-03-012025-02-2803429575ns5:CurrentFinancialInstruments2025-02-2803429575ns5:CurrentFinancialInstruments2024-02-2903429575ns5:Non-currentFinancialInstruments2025-02-2803429575ns5:Non-currentFinancialInstruments2024-02-2903429575ns5:ShareCapital2025-02-2803429575ns5:ShareCapital2024-02-2903429575ns5:RetainedEarningsAccumulatedLosses2025-02-2803429575ns5:RetainedEarningsAccumulatedLosses2024-02-2903429575ns5:PlantMachinery2024-03-012025-02-2803429575ns5:PlantMachinery2024-02-2903429575ns5:PlantMachinery2025-02-2803429575ns5:PlantMachinery2024-02-2903429575ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-03-012025-02-2803429575ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2025-02-2803429575ns5:WithinOneYearns5:CurrentFinancialInstruments2025-02-2803429575ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-29
REGISTERED NUMBER: 03429575 (England and Wales)















Unaudited Financial Statements

for the Year Ended 28th February 2025

for

Oriole Constructors Ltd.

Oriole Constructors Ltd. (Registered number: 03429575)






Contents of the Financial Statements
for the Year Ended 28th February 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Oriole Constructors Ltd.

Company Information
for the Year Ended 28th February 2025







DIRECTORS: S Ulph
C Gilling Ulph





REGISTERED OFFICE: 272 Regents Park Road
London
N3 3HN





REGISTERED NUMBER: 03429575 (England and Wales)





ACCOUNTANTS: Spencer Hyde Limited
272 Regents Park Road
London
N3 3HN

Oriole Constructors Ltd. (Registered number: 03429575)

Statement of Financial Position
28th February 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 48,447 10,158

CURRENT ASSETS
Stocks 229,052 102,917
Debtors 5 14,145 28,324
Cash at bank 6,464 197,835
249,661 329,076
CREDITORS
Amounts falling due within one year 6 91,336 59,300
NET CURRENT ASSETS 158,325 269,776
TOTAL ASSETS LESS CURRENT
LIABILITIES

206,772

279,934

CREDITORS
Amounts falling due after more than one
year

7

49,814

19,513
NET ASSETS 156,958 260,421

CAPITAL AND RESERVES
Called up share capital 12,500 12,500
Retained earnings 144,458 247,921
156,958 260,421

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Oriole Constructors Ltd. (Registered number: 03429575)

Statement of Financial Position - continued
28th February 2025


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22nd June 2025 and were signed on its behalf by:





S Ulph - Director


Oriole Constructors Ltd. (Registered number: 03429575)

Notes to the Financial Statements
for the Year Ended 28th February 2025

1. STATUTORY INFORMATION

Oriole Constructors Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Oriole Constructors Ltd. (Registered number: 03429575)

Notes to the Financial Statements - continued
for the Year Ended 28th February 2025

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st March 2024 29,229
Additions 54,206
At 28th February 2025 83,435
DEPRECIATION
At 1st March 2024 19,071
Charge for year 15,917
At 28th February 2025 34,988
NET BOOK VALUE
At 28th February 2025 48,447
At 29th February 2024 10,158

Oriole Constructors Ltd. (Registered number: 03429575)

Notes to the Financial Statements - continued
for the Year Ended 28th February 2025

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
Additions 53,565
At 28th February 2025 53,565
DEPRECIATION
Charge for year 13,391
At 28th February 2025 13,391
NET BOOK VALUE
At 28th February 2025 40,174

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 4,038 24,971
Other debtors 10,107 3,353
14,145 28,324

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 7,364 -
Trade creditors 10,049 9,623
Taxation and social security (981 ) 13,939
Other creditors 64,904 25,738
91,336 59,300

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 9,809 19,513
Hire purchase contracts 40,005 -
49,814 19,513