Company Registration No. 12856149 (England and Wales)
Ortumex Systems Ltd
Unaudited accounts
for the year ended 31 December 2025
Ortumex Systems Ltd
Unaudited accounts
Contents
Ortumex Systems Ltd
Statement of financial position
as at 31 December 2025
Tangible assets
235,216
106,877
Inventories
354,891
332,787
Cash at bank and in hand
81,764
40,143
Creditors: amounts falling due within one year
(332,295)
(328,934)
Net current assets
394,048
274,321
Total assets less current liabilities
629,264
381,198
Creditors: amounts falling due after more than one year
(159,083)
(18,251)
Provisions for liabilities
Deferred tax
(49,395)
(26,719)
Net assets
420,786
336,228
Called up share capital
100
100
Profit and loss account
420,686
336,128
Shareholders' funds
420,786
336,228
For the year ending 31 December 2025 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 May 2026 and were signed on its behalf by
Mr S Wain
Director
Company Registration No. 12856149
Ortumex Systems Ltd
Notes to the Accounts
for the year ended 31 December 2025
Ortumex Systems Ltd is a private company, limited by shares, registered in England and Wales, registration number 12856149. The registered office is 2, 4 & 6 Kelvin Place, Stephenson Way, Thetford, IP24 3RR.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
25% Straight line
Fixtures & fittings
25% Straight line
Computer equipment
25% Straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Ortumex Systems Ltd
Notes to the Accounts
for the year ended 31 December 2025
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.
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 2025
305,716
-
30,687
39,988
376,391
Additions
145,208
67,308
1,009
7,157
220,682
At 31 December 2025
450,924
67,308
31,696
47,145
597,073
At 1 January 2025
218,083
-
21,230
30,201
269,514
Charge for the year
63,316
13,461
6,137
9,429
92,343
At 31 December 2025
281,399
13,461
27,367
39,630
361,857
At 31 December 2025
169,525
53,847
4,329
7,515
235,216
At 31 December 2024
87,633
-
9,457
9,787
106,877
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Plant & machinery
202,590
35,504
Amounts falling due within one year
Trade debtors
263,271
207,157
Other debtors
26,417
23,168
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
31,646
-
Obligations under finance leases and hire purchase contracts
45,527
21,503
Trade creditors
174,335
84,026
Taxes and social security
27,132
77,404
Loans from directors
1,460
101,148
Ortumex Systems Ltd
Notes to the Accounts
for the year ended 31 December 2025
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
159,083
18,251
8
Operating lease commitments
2025
2024
At 31 December 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
45,537
18,251
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Average number of employees
During the year the average number of employees was 14 (2024: 13).