Orion Imaging Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03045899 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31st December 2024

for

Orion Imaging Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Certified Accountants' Report

6

DIRECTOR:

J P Eskdale

REGISTERED OFFICE:

Birchwood

Lydney Road

Whitecroft

Lydney

Gloucestershire

GL15 4PU

REGISTERED NUMBER:

03045899 (England and Wales)

ACCOUNTANTS:

Wildin (Accountants & Auditors) Ltd

Kings Buildings

Lydney

Gloucestershire

GL15 5HE

FIXED ASSETS

Tangible assets

4

27,023

33,359

CURRENT ASSETS

Debtors

5

4,712

976

Cash at bank

245,293

263,601

250,005

264,577

CREDITORS

Amounts falling due within one year

6

49,236

51,992

NET CURRENT ASSETS

200,769

212,585

TOTAL ASSETS LESS CURRENT
LIABILITIES

227,792

245,944

PROVISIONS FOR LIABILITIES

7

4,622

5,713

NET ASSETS

223,170

240,231

CAPITAL AND RESERVES

Called up share capital

8

1

Retained earnings

9

223,169

240,230

SHAREHOLDERS' FUNDS

223,170

240,231

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the director and authorised for issue on 16th June 2025 and were signed by:

J P Eskdale - Director

1.	STATUTORY INFORMATION

Orion Imaging 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.

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.

Computer equipment

-

33% on cost

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1st January 2024

51,165

21,544

72,709

Additions

-

2,605

Disposals

-

(2,097

)

(2,097

)

At 31st December 2024

51,165

22,052

73,217

DEPRECIATION

At 1st January 2024

20,786

18,564

39,350

Charge for year

7,595

1,122

8,717

Eliminated on disposal

-

(1,873

)

(1,873

)

At 31st December 2024

28,381

17,813

46,194

NET BOOK VALUE

At 31st December 2024

22,784

4,239

27,023

At 31st December 2023

30,379

2,980

33,359

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

4,712

976

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade creditors

98

29

Tax

1,780

5,038

VAT

1,368

1,208

Directors' current accounts

28,396

29,095

Accrued expenses

17,594

16,622

49,236

51,992

7.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

Deferred tax

4,622

5,713

Deferred

tax

£

Balance at 1st January 2024

5,713

Provided during year

(1,091

)

Balance at 31st December 2024

4,622

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

10,000

Ordinary

£10

1

9.

RESERVES

Retained

earnings

£

At 1st January 2024

240,230

Profit for the year

2,939

Dividends

(20,000

)

At 31st December 2024

223,169

10.	ULTIMATE CONTROLLING PARTY

The controlling party is J P Eskdale.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Orion Imaging Limited for the year ended 31st December 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the director of Orion Imaging Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Orion Imaging Limited and state those matters that we have agreed to state to the director of Orion Imaging Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Orion Imaging Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Orion Imaging Limited. You consider that Orion Imaging Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Orion Imaging Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Wildin (Accountants & Auditors) Ltd

Kings Buildings

Lydney

Gloucestershire

GL15 5HE

16th June 2025