Registration number: 01855852

ORION SCREEN PROCESS LTD

Contents

Directors' Report	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 10

ORION SCREEN PROCESS LTD

Directors' Report for the year ended 30 September 2026

The directors present their report and the financial statements for the year ended 30 September 2026.

Directors of the company

The directors who held office during the year were as follows:

Mr IAN RICHARD PRICE - Company secretary and director

Mr GARY BLACKBURN

Principal activity

The principal activity of the company is screen processing

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 14 October 2026 and signed on its behalf by:
 

......................................... Mr GARY BLACKBURN Director

ORION SCREEN PROCESS LTD

(Registration number: 01855852)
Balance Sheet as at 30 September 2026

	Note	2026 £	2025 £
Fixed assets
Intangible assets	5	1	1
Tangible assets	6	2,974	3,707
		2,975	3,708
Current assets
Stocks	7	2,610	1,610
Debtors	8	70,099	63,443
Cash at bank and in hand		54,445	65,177
		127,154	130,230
Creditors: Amounts falling due within one year	9	(66,517)	(80,829)
Net current assets		60,637	49,401
Total assets less current liabilities		63,612	53,109
Provisions for liabilities		(181)	-
Net assets		63,431	53,109
Capital and reserves
Called up share capital		100	100
Retained earnings		63,331	53,009
Shareholders' funds		63,431	53,109

For the financial year ending 30 September 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account and Directors' Report.

Approved and authorised by the Board on 14 October 2026 and signed on its behalf by:
 

......................................... Mr GARY BLACKBURN Director

ORION SCREEN PROCESS LTD

Notes to the Unaudited Financial Statements for the year ended 30 September 2026

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
UNIT 2
SAINSBURY WAY
HESSLE
EAST YORKSHIRE
HU13 9NX

These financial statements were authorised for issue by the Board on 14 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis, with management having given due consideration to the company’s ability to continue as a going concern for at least the next twelve months.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of turnover can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

ORION SCREEN PROCESS LTD

Notes to the Unaudited Financial Statements for the year ended 30 September 2026

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Depreciation method and rate for tangible assets
Asset class	Depreciation method and rate
Plant and machinery	20% net book value
Motor vehicles	25% net book value
Furniture and fittings	15% net book value

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	straight line over 5 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

ORION SCREEN PROCESS LTD

Notes to the Unaudited Financial Statements for the year ended 30 September 2026

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

ORION SCREEN PROCESS LTD

Notes to the Unaudited Financial Statements for the year ended 30 September 2026

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2025 - 6).

4

Taxation

Tax charged/(credited) in the profit and loss account

	2026 £	2025 £
Current taxation
UK corporation tax	2,431	(391)
Deferred taxation
Arising from origination and reversal of timing differences	181	-
Tax expense/(receipt) in the income statement	2,612	(391)

ORION SCREEN PROCESS LTD

Notes to the Unaudited Financial Statements for the year ended 30 September 2026

5	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 October 2025	4,600	4,600
At 30 September 2026	4,600	4,600
Amortisation
At 1 October 2025	4,599	4,599
At 30 September 2026	4,599	4,599
Carrying amount
At 30 September 2026	1	1
At 30 September 2025	1	1

6	Tangible assets

	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 October 2025	21,900	166,117	188,017
Additions	144	-	144
At 30 September 2026	22,044	166,117	188,161
Depreciation
At 1 October 2025	20,839	163,471	184,310
Charge for the year	180	697	877
At 30 September 2026	21,019	164,168	185,187
Carrying amount
At 30 September 2026	1,025	1,949	2,974
At 30 September 2025	1,061	2,646	3,707

7

Stocks

	2026 £	2025 £
Work in progress	1,280	820
Other inventories	1,330	790
	2,610	1,610

ORION SCREEN PROCESS LTD

Notes to the Unaudited Financial Statements for the year ended 30 September 2026

8

Debtors

Current	2026 £	2025 £
Trade debtors	60,800	49,801
Prepayments	8,452	4,542
Other debtors	847	9,100
	70,099	63,443

ORION SCREEN PROCESS LTD

Notes to the Unaudited Financial Statements for the year ended 30 September 2026

9

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	12	4,166	3,166
Trade creditors		43,896	39,412
Taxation and social security		13,221	9,639
Accruals and deferred income		3,600	3,550
Other creditors		1,634	25,062
		66,517	80,829

10	Provisions for liabilities

	Deferred tax £	Total £
Increase (decrease) in existing provisions	181	181
At 30 September 2026	181	181

11	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

12	Loans and borrowings

Current loans and borrowings

	2026 £	2025 £
Other borrowings	4,166	3,166

13	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

ORION SCREEN PROCESS LTD

Notes to the Unaudited Financial Statements for the year ended 30 September 2026

	2026 £	2025 £
Not later than one year	32,178	38,272
Later than one year and not later than five years	13,125	44,625
	45,303	82,897

The amount of non-cancellable operating lease payments recognised as an expense during the year was £39,642 (2025 - £42,247).

14

Dividends

		2026		2025
		£		£
Interim dividend of £10.00 (2025 - £160.00) per ordinary share		1,000		16,000

15	Parent and ultimate parent undertaking

The ultimate controlling party is Mr G Blackburn..