ORBITAL_CLEANING_LIMITED - Accounts

ORBITAL CLEANING LIMITED - Company Information

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Company Registration No. 07251733 (England and Wales)

ORBITAL CLEANING LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2015

ORBITAL CLEANING LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

ORBITAL CLEANING LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MAY 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

473

819

Current assets

Debtors

12,592

21,734

Cash at bank and in hand

52,882

45,266

65,474

67,000

Creditors: amounts falling due within one year

(18,017)

(29,326)

Net current assets

47,457

37,674

Total assets less current liabilities

47,930

38,493

Provisions for liabilities

(95)

(164)

47,835

38,329

Capital and reserves

Called up share capital

1,000

Profit and loss account

46,835

37,329

Shareholders' funds

47,835

38,329

For the financial year ended 31 May 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 26 February 2016

Mrs S McLeod

Director

Company Registration No. 07251733

ORBITAL CLEANING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

20% Straight line

1.5

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 1 June 2014 & at 31 May 2015

1,732

Depreciation

At 1 June 2014

913

Charge for the year

346

At 31 May 2015

1,259

Net book value

At 31 May 2015

473

At 31 May 2014

819

Share capital

2015

2014

Allotted, called up and fully paid

1,000 Ordinary shares of £1 each

1,000