ORBIS ENERGY LIMITED
ORBIS ENERGY LIMITED
ORBIS ENERGY LIMITED
Company Registration Number:
07586051 (England and Wales)
Unaudited statutory accounts for the year ended 30 April 2019
Period of accounts
Start date: 1 May 2018
End date: 30 April 2019
ORBIS ENERGY LIMITED
Contents of the Financial Statements
for the Period Ended 30 April 2019
Balance sheet | |
Additional notes | |
Balance sheet notes |
ORBIS ENERGY LIMITED
Balance sheet
As at
Notes | 2019 | 2018 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Debtors: | 4 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 5 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Total net assets (liabilities): | | | |
Capital and reserves | |||
Called up share capital: | | | |
Profit and loss account: | | | |
Shareholders funds: | | |
The notes form part of these financial statements
ORBIS ENERGY LIMITED
Balance sheet statements
The directors have chosen not to file a copy of the company's profit and loss account.
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
ORBIS ENERGY LIMITED
Notes to the Financial Statements
for the Period Ended 30 April 2019
-
1. Accounting policies
Basis of measurement and preparation
These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102 Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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 depreciation policy
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows,Fixtures, Fittings & Equipment Over four years
ORBIS ENERGY LIMITED
Notes to the Financial Statements
for the Period Ended 30 April 2019
-
2. Employees
2019 2018 Average number of employees during the period 6 6
ORBIS ENERGY LIMITED
Notes to the Financial Statements
for the Period Ended 30 April 2019
3. Tangible assets
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 May 2018 | | | ||||
Additions | | | ||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 30 April 2019 | | | ||||
Depreciation | ||||||
At 1 May 2018 | | | ||||
Charge for year | | | ||||
On disposals | ||||||
Other adjustments | ||||||
At 30 April 2019 | | | ||||
Net book value | ||||||
At 30 April 2019 | | | ||||
At 30 April 2018 | | |
ORBIS ENERGY LIMITED
Notes to the Financial Statements
for the Period Ended 30 April 2019
4. Debtors
2019 | 2018 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Other debtors | | |
Total | | |
ORBIS ENERGY LIMITED
Notes to the Financial Statements
for the Period Ended 30 April 2019
5. Creditors: amounts falling due within one year note
2019 | 2018 | |
---|---|---|
£ | £ | |
Trade creditors | | |
Taxation and social security | | |
Other creditors | | |
Total | | |