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Company Registration No. 15270603 (England and Wales)
Orion Air-conditioning Ltd Unaudited accounts for the year ended 30 November 2025
Orion Air-conditioning Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Orion Air-conditioning Ltd Company Information for the year ended 30 November 2025
Director
Spencer Hunt
Company Number
15270603 (England and Wales)
Registered Office
13 The Close Norwich NR1 4DS United Kingdom
Accountants
JHW Azoth Ltd 13 The Close Norwich Norfolk NR1 4DS
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Orion Air-conditioning Ltd Statement of financial position as at 30 November 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
13,722
16,613
Current assets
Debtors
5
2,181
10,621
Cash at bank and in hand
12,866
11,641
15,047
22,262
Creditors: amounts falling due within one year
6
(18,914)
(8,479)
Net current (liabilities)/assets
(3,867)
13,783
Total assets less current liabilities
9,855
30,396
Creditors: amounts falling due after more than one year
7
(3,457)
(5,233)
Provisions for liabilities
Deferred tax
(3,431)
(4,146)
Net assets
2,967
21,017
Capital and reserves
Called up share capital
100
100
Profit and loss account
2,867
20,917
Shareholders' funds
2,967
21,017
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 12 August 2026 and were signed on its behalf by
Spencer Hunt Director Company Registration No. 15270603
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Orion Air-conditioning Ltd Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
Orion Air-conditioning Ltd is a private company, limited by shares, registered in England and Wales, registration number 15270603. The registered office is 13 The Close, Norwich, NR1 4DS, United Kingdom.
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 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.
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:
Motor vehicles
20% Reducing Balance
Computer equipment
20% Straight Line
Deferred taxation
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.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Orion Air-conditioning Ltd Notes to the Accounts for the year ended 30 November 2025
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 December 2024
20,650
762
21,412
Additions
-
565
565
At 30 November 2025
20,650
1,327
21,977
Depreciation
At 1 December 2024
4,570
229
4,799
Charge for the year
3,216
240
3,456
At 30 November 2025
7,786
469
8,255
Net book value
At 30 November 2025
12,864
858
13,722
At 30 November 2024
16,080
533
16,613
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
-
3,829
Trade debtors
744
6,070
Other debtors
1,437
722
2,181
10,621
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
551
-
Obligations under finance leases and hire purchase contracts
2,559
2,559
Trade creditors
945
1,018
Taxes and social security
15,016
4,797
Loans from directors
(157)
105
18,914
8,479
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
3,457
5,233
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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