REGISTERED NUMBER: 04268340 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

AYR ORBIS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

S Sergeef

A Sergeef

SECRETARY:

N Shah

REGISTERED OFFICE:

The Shard

Level 24

32 London Bridge Street

London

SE1 9SG

REGISTERED NUMBER:

04268340 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,733,943

1,718,509

Investments

5

49,016

49,116

1,782,959

1,767,625

CURRENT ASSETS

Stocks

39,677

211,784

Debtors

6

1,564,525

1,391,376

Cash at bank and in hand

786,870

777,406

2,391,072

2,380,566

CREDITORS

Amounts falling due within one year

7

2,409,282

2,493,208

NET CURRENT LIABILITIES

(18,210

)

(112,642

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,764,749

1,654,983

CREDITORS

Amounts falling due after more than one year

8

(847,233

)

(340,216

)

PROVISIONS FOR LIABILITIES

(352,040

)

(383,884

)

NET ASSETS

565,476

930,883

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

565,376

930,783

SHAREHOLDERS' FUNDS

565,476

930,883

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

S Sergeef - Director

1.	STATUTORY INFORMATION

Ayr Orbis Limited 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.

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.

Preparation of consolidated financial statements

The financial statements contain information about Ayr Orbis Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.

Plant and machinery etc

-

25% on reducing balance and at variable rates on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 7 (2023 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

2,929,970

Additions

299,446

Disposals

(172,257

)

At 31 December 2024

3,057,159

DEPRECIATION

At 1 January 2024

1,211,461

Charge for year

235,565

Eliminated on disposal

(123,810

)

At 31 December 2024

1,323,216

NET BOOK VALUE

At 31 December 2024

1,733,943

At 31 December 2023

1,718,509

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

49,116

Disposals

(100

)

At 31 December 2024

49,016

NET BOOK VALUE

At 31 December 2024

49,016

At 31 December 2023

49,116

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

1,472,304

475,638

Amounts owed by group undertakings

35,837

853,959

Amounts owed by related parties

17,561

-

Other debtors

38,823

61,779

1,564,525

1,391,376

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

20,591

5,702

Trade creditors

1,011,418

372,457

Amounts owed to group undertakings

325,353

343,875

Taxation and social security

83,599

90,143

Other creditors

968,321

1,681,031

2,409,282

2,493,208

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

208,165

24,978

Other creditors

639,068

315,238

847,233

340,216

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Hire purchase contracts

228,756

30,680

The hire purchase liabilities are secured on the assets concerned.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr S Sergeef, a director of the company.

The ultimate parent company is Gilridge Limited. The registered office address of Gilridge Limited is 3 Lloyd's Avenue, London, EC3N 3DS.