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Company Registration No. 11735049 (England and Wales)
Orion Mis Ltd Unaudited accounts for the year ended 31 December 2024
Orion Mis Ltd Unaudited accounts Contents
Page
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Orion Mis Ltd Company Information for the year ended 31 December 2024
Directors
Christopher Smith Daniel Grigg
Company Number
11735049 (England and Wales)
Registered Office
1 Fontwell Avenue Eastergate Chichester PO20 3RU
Accountants
B4Bookkeeping Ltd 1 Lincoln House Tangmere Chichester West Sussex PO20 2FS
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Orion Mis Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
170,921 
122,337 
Current assets
Inventories
280,000 
250,000 
Debtors
187,399 
487,327 
Cash at bank and in hand
527,529 
336,528 
994,928 
1,073,855 
Creditors: amounts falling due within one year
(417,144)
(549,375)
Net current assets
577,784 
524,480 
Total assets less current liabilities
748,705 
646,817 
Creditors: amounts falling due after more than one year
- 
(68,471)
Net assets
748,705 
578,346 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
748,505 
578,146 
Shareholders' funds
748,705 
578,346 
For the year ending 31 December 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 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 of Directors and authorised for issue on 4 August 2025 and were signed on its behalf by
Christopher Smith Director Company Registration No. 11735049
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Orion Mis Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Orion Mis Ltd is a private company, limited by shares, registered in England and Wales, registration number 11735049. The registered office is 1 Fontwell Avenue, Eastergate, Chichester, PO20 3RU.
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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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% Straight Line
Motor vehicles
20% Straight Line
Fixtures & fittings
20% Straight Line
Computer equipment
33% Straight Line
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Orion Mis Ltd Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2024
120,209 
15,462 
6,472 
16,059 
158,202 
Additions
83,001 
- 
- 
283 
83,284 
At 31 December 2024
203,210 
15,462 
6,472 
16,342 
241,486 
Depreciation
At 1 January 2024
12,888 
4,659 
4,480 
13,838 
35,865 
Charge for the year
29,416 
3,092 
1,294 
898 
34,700 
At 31 December 2024
42,304 
7,751 
5,774 
14,736 
70,565 
Net book value
At 31 December 2024
160,906 
7,711 
698 
1,606 
170,921 
At 31 December 2023
107,321 
10,803 
1,992 
2,221 
122,337 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
183,309 
112,975 
Accrued income and prepayments
2,590 
2,141 
Other debtors
1,500 
372,211 
187,399 
487,327 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
103,243 
131,251 
Trade creditors
153,943 
280,715 
Taxes and social security
75,433 
32,727 
Other creditors
83,454 
91,853 
Accruals
1,071 
12,829 
417,144 
549,375 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
68,471 
8
Average number of employees
During the year the average number of employees was 22 (2023: 21).
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