OR3D Ltd - Accounts to registrar (filleted) - small 18.2

OR3D Ltd - Accounts to registrar (filleted) - small 18.2

OR3D LTD - Company Information

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REGISTERED NUMBER: 03391524 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022

FOR

OR3D LTD
OR3D LTD (REGISTERED NUMBER: 03391524)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OR3D LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2022







DIRECTORS: J A Earl
Mrs A A Earl





SECRETARY: Mrs A A Earl





REGISTERED OFFICE: 3 Cedar Court
Brynkinallt Business Centre
Chirk
Wrexham
LL14 5NS





REGISTERED NUMBER: 03391524 (England and Wales)





ACCOUNTANTS: Guy Walmsley Limited
Chartered Accountants
3 Grove Road
Wrexham
LL11 1DY
Page 1
OR3D LTD (REGISTERED NUMBER: 03391524)

BALANCE SHEET
30 SEPTEMBER 2022

30.9.22 30.9.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 295,575 223,419

CURRENT ASSETS
Stocks 28,269 74,850
Debtors 5 111,136 90,822
Cash at bank 31,728 34,725
171,133 200,397
CREDITORS
Amounts falling due within one year 6 186,911 196,406
NET CURRENT (LIABILITIES)/ASSETS (15,778 ) 3,991
TOTAL ASSETS LESS CURRENT
LIABILITIES
279,797
227,410

CREDITORS
Amounts falling due after more than one
year
7
(102,709
)
(121,836
)

PROVISIONS FOR LIABILITIES (29,856 ) (36,123 )
NET ASSETS 147,232 69,451

CAPITAL AND RESERVES
Called up share capital 8 8
Retained earnings 147,224 69,443
147,232 69,451

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The notes form part of these financial statements

Page 2 continued...
OR3D LTD (REGISTERED NUMBER: 03391524)

BALANCE SHEET - continued
30 SEPTEMBER 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 December 2022 and were signed on its behalf by:





J A Earl - Director


The notes form part of these financial statements

Page 3
OR3D LTD (REGISTERED NUMBER: 03391524)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022

1. STATUTORY INFORMATION

OR3D Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Page 4 continued...
OR3D LTD (REGISTERED NUMBER: 03391524)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2021 - 10 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2021 569,996
Additions 172,650
At 30 September 2022 742,646
DEPRECIATION
At 1 October 2021 346,577
Charge for year 100,494
At 30 September 2022 447,071
NET BOOK VALUE
At 30 September 2022 295,575
At 30 September 2021 223,419

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.22 30.9.21
£    £   
Trade debtors 84,997 89,109
Other debtors 26,139 1,713
111,136 90,822

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.22 30.9.21
£    £   
Bank loans and overdrafts 42,458 78,523
Trade creditors 58,450 32,162
Taxation and social security 25,469 43,096
Other creditors 60,534 42,625
186,911 196,406

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.22 30.9.21
£    £   
Bank loans 50,761 81,288
Hire purchase contracts 41,948 27,548
Other creditors 10,000 13,000
102,709 121,836

Page 5