V. Orliaklis Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 07473589

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

V. ORLIAKLIS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

V Orliaklis

E Pappa

REGISTERED OFFICE:

The Old Workshop

1 Ecclesall Road South

Sheffield

South Yorkshire

S11 9PA

REGISTERED NUMBER:

07473589

ACCOUNTANTS:

Brown McLeod Limited

Chartered Accountants

The Old Workshop

1 Ecclesall Road South

Sheffield

South Yorkshire

S11 9PA

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

124,422

161,470

124,422

161,470

CURRENT ASSETS

Debtors

6

5,318,394

4,738,592

Cash at bank

482,933

76,444

5,801,327

4,815,036

CREDITORS

Amounts falling due within one year

7

617,525

427,404

NET CURRENT ASSETS

5,183,802

4,387,632

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,308,224

4,549,102

CREDITORS

Amounts falling due after more than one year

8

-

(10,515

)

PROVISIONS FOR LIABILITIES

(30,674

)

(39,608

)

NET ASSETS

5,277,550

4,498,979

CAPITAL AND RESERVES

Called up share capital

3

Retained earnings

5,277,547

4,498,976

SHAREHOLDERS' FUNDS

5,277,550

4,498,979

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 July 2026 and were signed on its behalf by:

V Orliaklis - Director

1.	STATUTORY INFORMATION

V. Orliaklis Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2025 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

177,500

AMORTISATION

At 1 April 2025

and 31 March 2026

177,500

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 April 2025

250,891

20,918

59,635

19,245

350,689

Additions

-

4,426

At 31 March 2026

250,891

20,918

59,635

23,671

355,115

DEPRECIATION

At 1 April 2025

131,467

18,522

26,090

13,140

189,219

Charge for year

29,856

599

8,386

2,633

41,474

At 31 March 2026

161,323

19,121

34,476

15,773

230,693

NET BOOK VALUE

At 31 March 2026

89,568

1,797

25,159

7,898

124,422

At 31 March 2025

119,424

2,396

33,545

6,105

161,470

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

204,036

202,192

Other debtors

5,114,358

4,536,400

5,318,394

4,738,592

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Bank loans and overdrafts

1,758

10,460

Hire purchase contracts

8,772

17,545

Trade creditors

242

241

Taxation and social security

188,806

396,398

Other creditors

417,947

2,760

617,525

427,404

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.26

31.3.25

£

Bank loans

-

1,743

Hire purchase contracts

-

8,772

-

10,515

9.	PENSION COMMITMENTS

As at 31st March 2026 there were outstanding pension commitments of £1,122.32 (2025 - £729.17).