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Company Registration No. 08245372 (England and Wales)
ORIEL TECHNOLOGY LIMITED Unaudited accounts for the year ended 31 October 2025
ORIEL TECHNOLOGY LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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ORIEL TECHNOLOGY LIMITED Company Information for the year ended 31 October 2025
Directors
NITINKUMAR PATEL TARJANI PATEL
Company Number
08245372 (England and Wales)
Registered Office
5 Hadrians Drive Bancroft Milton Keynes MK13 0PJ
Accountants
PAUL VICTORIA & CO 2ND FLOOR 134 SOUTH STREET ROMFORD ESSEX RM1 1TE
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ORIEL TECHNOLOGY LIMITED Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Current assets
Debtors
5
-
7,016
Cash at bank and in hand
4,054
3,230
4,054
10,246
Creditors: amounts falling due within one year
6
(60,612)
(78,223)
Net current liabilities
(56,558)
(67,977)
Total assets less current liabilities
(56,558)
(67,977)
Creditors: amounts falling due after more than one year
7
(10,159)
(15,248)
Net liabilities
(66,717)
(83,225)
Capital and reserves
Called up share capital
8
1,000
1,000
Profit and loss account
(67,717)
(84,225)
Shareholders' funds
(66,717)
(83,225)
For the 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. 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 10 June 2026 and were signed on its behalf by
NITINKUMAR PATEL Director Company Registration No. 08245372
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ORIEL TECHNOLOGY LIMITED Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
ORIEL TECHNOLOGY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08245372. The registered office is 5 Hadrians Drive, Bancroft, Milton Keynes, MK13 0PJ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20%
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 November 2024
1,644
At 31 October 2025
1,644
Depreciation
At 1 November 2024
1,644
At 31 October 2025
1,644
Net book value
At 31 October 2025
-
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
-
7,016
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ORIEL TECHNOLOGY LIMITED Notes to the Accounts for the year ended 31 October 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
693
1,386
Taxes and social security
2
2
Loans from directors
59,917
70,305
Accruals
-
6,530
60,612
78,223
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
1,773
Other creditors
10,159
13,475
10,159
15,248
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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