Company Registration No. 03272871 (England and Wales)
Orbitcove Limited
Unaudited accounts
for the year ended 30 November 2025
Orbitcove Limited
Unaudited accounts
Contents
Orbitcove Limited
Company Information
for the year ended 30 November 2025
Director
Siobhan Karen O'Neill
Company Number
03272871 (England and Wales)
Registered Office
310D, EW Sterling House
Langston Road
Loughton
IG10 3TS
United Kingdom
Accountants
Capital Talks LLP
Accountants & Tax consultants
310D - EW Sterling House
Langston Road
Loughton
IG10 3TS
Orbitcove Limited
Statement of financial position
as at 30 November 2025
Tangible assets
912,797
917,063
Cash at bank and in hand
20,187
16,301
Creditors: amounts falling due within one year
(9,722)
(6,604)
Net current assets
10,465
9,697
Total assets less current liabilities
923,262
926,760
Creditors: amounts falling due after more than one year
(452,546)
(467,725)
Net assets
470,716
459,035
Called up share capital
2
2
Revaluation reserve
615,219
615,219
Profit and loss account
(144,505)
(156,186)
Shareholders' funds
470,716
459,035
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 her 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 29 August 2026 and were signed on its behalf by
Siobhan Karen O'Neill
Director
Company Registration No. 03272871
Orbitcove Limited
Notes to the Accounts
for the year ended 30 November 2025
Orbitcove Limited is a private company, limited by shares, registered in England and Wales, registration number 03272871. The registered office is 310D, EW Sterling House, Langston Road, Loughton, IG10 3TS, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Fixtures & fittings
25% on reducing balance.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2024
900,000
59,663
959,663
At 30 November 2025
900,000
59,663
959,663
At 1 December 2024
-
42,600
42,600
Charge for the year
-
4,266
4,266
At 30 November 2025
-
46,866
46,866
At 30 November 2025
900,000
12,797
912,797
At 30 November 2024
900,000
17,063
917,063
Orbitcove Limited
Notes to the Accounts
for the year ended 30 November 2025
5
Creditors: amounts falling due within one year
2025
2024
Loans from directors
722
5,404
6
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
253,136
258,315
Loans from directors
199,410
209,410
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
At 30 November 2025 the company owed £200,131.55 amount to S K O'Neill as a result of loans made to the company. The loans are unsecured and interest free.
The Director S K O'Neill controls the company as a result of controlling directly 100% of the issued share capital.
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).