Company No: 03836634 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	58,416		35,864
		58,416		35,864
Current assets
Debtors	4	67,802		77,956
Cash at bank and in hand		73,411		69,502
		141,213		147,458
Creditors: amounts falling due within one year	5	( 53,872)		( 65,473)
Net current assets		87,341		81,985
Total assets less current liabilities		145,757		117,849
Creditors: amounts falling due after more than one year	6	( 14,359)		( 5,833)
Provision for liabilities		( 14,604)		( 8,966)
Net assets		116,794		103,050
Capital and reserves
Called-up share capital	7	13,001		13,001
Capital redemption reserve		12,000		12,000
Profit and loss account		91,793		78,049
Total shareholders' funds		116,794		103,050

For the financial year ending 31 October 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Orbital Design Limited (registered number: 03836634) were approved and authorised for issue by the Board of Directors on 27 July 2026. They were signed on its behalf by:

J M E Smith Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Orbital Design Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom. The principal place of business is 11 Covena Road, Southbourne, Bournemouth, Dorset, BH6 5LN.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Revenue from services is recognised as they are delivered.

Employee benefits

Defined contribution schemes
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
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 financial statements. 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 tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	20 % reducing balance
Vehicles	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	7		7

3. Tangible assets

	Plant and machinery		Vehicles		Total
	£		£		£
Cost
At 01 November 2024	197,541		0		197,541
Additions	3,783		28,045		31,828
At 31 October 2025	201,324		28,045		229,369
Accumulated depreciation
At 01 November 2024	161,677		0		161,677
Charge for the financial year	7,523		1,753		9,276
At 31 October 2025	169,200		1,753		170,953
Net book value
At 31 October 2025	32,124		26,292		58,416
At 31 October 2024	35,864		0		35,864

4. Debtors

	2025		2024
	£		£
Trade debtors	48,338		60,894
Other debtors	19,464		17,062
	67,802		77,956

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	5,833		10,000
Trade creditors	6,192		3,431
Corporation tax	14,865		17,846
Other taxation and social security	2,496		7,174
Obligations under finance leases and hire purchase contracts	4,149		0
Other creditors	20,337		27,022
	53,872		65,473

Obligations under finance leases and hire purchase contracts are secured against the company assets to which it relates.

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	0		5,833
Obligations under finance leases and hire purchase contracts	14,359		0
	14,359		5,833

Obligations under finance leases and hire purchase contracts are secured against the company assets to which it relates.

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
11,001 Ordinary shares of £ 1.00 each	11,001		11,001
2,000 Ordinary A shares of £ 1.00 each	2,000		2,000
	13,001		13,001