Company Registration No. SC611787 (Scotland)
ORION VENTURES LIMITED
Unaudited accounts
for the year ended 31 March 2026
ORION VENTURES LIMITED
Unaudited accounts
Contents
ORION VENTURES LIMITED
Company Information
for the year ended 31 March 2026
Company Number
SC611787 (Scotland)
Registered Office
23 DRUM BRAE TERRACE
EDINBURGH
EH4 7SF
UNITED KINGDOM
ORION VENTURES LIMITED
Statement of financial position
as at 31 March 2026
Tangible assets
788,084
788,084
Cash at bank and in hand
19,601
5,239
Creditors: amounts falling due within one year
(392,042)
(392,042)
Net current liabilities
(372,441)
(386,803)
Total assets less current liabilities
422,858
408,496
Creditors: amounts falling due after more than one year
(502,292)
(502,292)
Net liabilities
(79,434)
(93,796)
Called up share capital
100
100
Profit and loss account
(79,534)
(93,896)
Shareholders' funds
(79,434)
(93,796)
For the year ending 31 March 2026 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 October 2026 and were signed on its behalf by
Yatin Phalke
Director
Company Registration No. SC611787
ORION VENTURES LIMITED
Notes to the Accounts
for the year ended 31 March 2026
ORION VENTURES LIMITED is a private company, limited by shares, registered in Scotland, registration number SC611787. The registered office is 23 DRUM BRAE TERRACE, EDINBURGH, EH4 7SF, 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:
Land & buildings
Not depreciated
Plant & machinery
20% Straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 April 2025
788,084
18,975
807,059
At 31 March 2026
788,084
18,975
807,059
At 1 April 2025
-
18,975
18,975
At 31 March 2026
-
18,975
18,975
At 31 March 2026
788,084
-
788,084
At 31 March 2025
788,084
-
788,084
5
Investments
Other investments
Valuation at 1 April 2025
7,215
Valuation at 31 March 2026
7,215
ORION VENTURES LIMITED
Notes to the Accounts
for the year ended 31 March 2026
6
Creditors: amounts falling due within one year
2026
2025
Amounts owed to group undertakings and other participating interests
5,000
5,000
Other creditors
386,842
386,842
7
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
502,292
502,292
8
Average number of employees
During the year the average number of employees was 1 (2025: 1).