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| Notes to the Accounts |
| for the year ended 31 May 2026 |
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| 1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Turnover |
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Turnover represents fees, dividends and interest received during the year. |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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Plant and machinery |
100% in year one |
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Investments |
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Listed investments are valued at cost |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
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Taxation |
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A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
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Foreign currency translation |
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Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. |
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| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
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| 3 |
Tangible fixed assets |
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Plant and machinery etc |
| £ |
|
Cost |
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At 1 June 2025 |
5,710 |
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Additions |
1,818 |
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At 31 May 2026 |
7,528 |
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Depreciation |
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At 1 June 2025 |
5,710 |
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Charge for the year |
1,818 |
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At 31 May 2026 |
7,528 |
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Net book value |
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At 31 May 2026 |
- |
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| 4 |
Investments |
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| Other |
| investments |
| £ |
|
Cost |
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At 1 June 2025 |
447,968 |
|
Additions |
114,503 |
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Disposals |
(132,268) |
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At 31 May 2026 |
430,203 |
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| 5 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
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Taxation and social security costs |
4,744 |
|
207 |
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Other creditors |
8,060 |
|
6,312 |
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|
12,804 |
|
6,519 |
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| 6 |
Controlling party |
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The company is owned and controlled by the two directors. |
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| 7 |
Other information |
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Orientor Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
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43 Meadowbank |
|
London |
|
NW3 3AY |