Company Registration No. 15148544 (England and Wales)
Oriel Glass Ltd
Unaudited accounts
for the period from 1 October 2024 to 31 October 2025
Oriel Glass Ltd
Unaudited accounts
Contents
Oriel Glass Ltd
Company Information
for the period from 1 October 2024 to 31 October 2025
Directors
B Poommipanit
M J Willis
Company Number
15148544 (England and Wales)
Registered Office
85 Great Portland Street
London
W1W 7LT
England
Oriel Glass Ltd
Statement of financial position
as at 31 October 2025
Called up share capital not paid
50
50
Tangible assets
9,359
9,167
Cash at bank and in hand
10,407
29,565
Creditors: amounts falling due within one year
(62,428)
(40,914)
Net current assets
83,981
10,221
Total assets less current liabilities
93,390
19,438
Provisions for liabilities
Deferred tax
(2,270)
(2,096)
Called up share capital
200
200
Profit and loss account
90,920
17,142
Shareholders' funds
91,120
17,342
For the period ending 31 October 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
B Poommipanit
Director
Company Registration No. 15148544
Oriel Glass Ltd
Notes to the Accounts
for the period from 1 October 2024 to 31 October 2025
Oriel Glass Ltd is a private company, limited by shares, registered in England and Wales, registration number 15148544. The registered office is 85 Great Portland Street, London, W1W 7LT, England.
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 period, 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.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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
5 years on a reducing balance basis
Computer equipment
3 years on cost
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.
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.
Oriel Glass Ltd
Notes to the Accounts
for the period from 1 October 2024 to 31 October 2025
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2024
10,000
-
10,000
Additions
1,125
1,468
2,593
At 31 October 2025
11,125
1,468
12,593
At 1 October 2024
833
-
833
Charge for the period
2,187
214
2,401
At 31 October 2025
3,020
214
3,234
At 31 October 2025
8,105
1,254
9,359
At 30 September 2024
9,167
-
9,167
Amounts falling due within one year
Trade debtors
71,390
11,039
Accrued income and prepayments
-
8,452
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
55,142
30,052
Other creditors
6,915
7,014
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200
200
Oriel Glass Ltd
Notes to the Accounts
for the period from 1 October 2024 to 31 October 2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Included in other debtors
(32)
30,929
1,250
29,647
Included in other debtors
(116)
28,395
-
28,279
The directors' loans were repaid within 9 months of the yearend.
9
Average number of employees
During the period the average number of employees was 0 (2024: 0).