REGISTERED NUMBER: 12641371 (England and Wales)

Financial Statements for the Period 1 November 2023 to 31 March 2025

for

Orbital Professional Employment Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J Myatt

REGISTERED OFFICE:

Digital Media Centre

County Way

Barnsley

South Yorkshire

S70 2JW

REGISTERED NUMBER:

12641371 (England and Wales)

AUDITORS:

Paul Howley & Co Ltd

Chartered Certified Accountants

Statutory Auditors

42 Pitt Street

Barnsley

South Yorkshire

S70 1BB

CURRENT ASSETS

Debtors

5

1,206,293

1,038,771

Cash at bank and in hand

25,830

523,212

1,232,123

1,561,983

CREDITORS

Amounts falling due within one year

6

732,105

1,624,352

NET CURRENT ASSETS/(LIABILITIES)

500,018

(62,369

)

TOTAL ASSETS LESS CURRENT LIABILITIES

500,018

(62,369

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

500,017

(62,370

)

SHAREHOLDERS' FUNDS

500,018

(62,369

)

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 director and authorised for issue on 8 October 2025 and were signed by:

J Myatt - Director

1.	STATUTORY INFORMATION

Orbital Professional Employment 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.

Going concern

Management have produced detailed forecasts and projections based on current and forecast growth rates. These forecasts have been subject to sensitivity analysis to ensure all likely scenarios have been considered. As a result, the director is confident that the Company will be able to pay its debts as they fall due and accordingly these accounts are prepared on a going concern basis.

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 represents the fair value of consideration received or receivable from the sale of consultancy services. Fair value reflects the amount agreed in the form of contractual charges for each type of service. Fee income is stated net of amounts collected on behalf of third parties such as sales taxes, goods and services taxes and value added taxes.

Turnover is recognised to the extent that the Company obtains the right to consideration in exchange for its performance. Right to consideration is based on the Company confirming completion of its contractual obligations in relation to the services provided.

The contractor will complete an assignment for an agency who will then pay Orbital Professional Employment Limited the agreed contract rate (after deducting their fee). Orbital Professional Employment Limited will then recognise the gross revenue in respect of this assignment and the cost of the contractor. Once the contractor then submits their timesheet, Orbital Professional Employment Limited will transfer the remuneration due to the contractor to them after deducting the fee (margin).

This means that there are two elements of revenue recognised; the gross revenue received from the agency which is recognised when the money is received from the agency (which is net nil as it is equal to the cost of the contractors), and the margin recognised when processing timesheets.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the period 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 period 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.

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 period was 122 (2023 - 131 ) .

4.	AUDITORS' REMUNERATION

During the year, the Company obtained the following services from the Company's auditors:

Fees payable to the Company's auditors for the audit of the Company's financial statements - £3,000 (2023 - NIL)

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.10.23

£

£

Trade debtors

30,498

121,373

Amounts owed by group undertakings

1,175,795

917,398

1,206,293

1,038,771

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.10.23

£

£

Amounts owed to group undertakings

538,400

956,187

Taxation and social security

142,479

575,115

Other creditors

51,226

93,050

732,105

1,624,352

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

P Berry (Senior Statutory Auditor)

for and on behalf of Paul Howley & Co Ltd

8.	PENSION COMMITMENTS

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £28,799 (2023 - £21,981). Contributions totalling £6,522 (2023 - £11,976) were payable to the fund at the balance sheet date and are included in creditors.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Orbital Payroll Group Limited.

The registered office of Orbital Payroll Group Limited is situated at the Digital Media Centre, County Way, Barnsley, South Yorkshire, S70 2JW. Consolidated financial statements are prepared for Orbital Payroll Group Limited which can be obtained from Companies House.