ORCi Limited - Period Ending 2015-12-31

Registration number: 05163287

ORCi Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 December 2015
 

ORCi Limited
Contents

Page

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

ORCi Limited
(Registration number: 05163287)
Abbreviated Balance Sheet at 31 December 2015

		Note			2015 £			2014 £
Current assets
Debtors					40,396			44,847
Cash at bank and in hand					103,107			91,264
					143,503			136,111
Creditors: Amounts falling due within one year					(16,550)			(13,325)
Net assets					126,953			122,786
Capital and reserves
Called up share capital		2			11			11
Capital redemption reserve					1			1
Other reserves					12,520			12,520
Profit and loss account					114,421			110,254
Shareholders' funds					126,953			122,786

For the year ending 31 December 2015 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 29 October 2016 and signed on its behalf by:

G T Bunter Director

Page 1

ORCi Limited
Notes to the Abbreviated Accounts
For the Year Ended 31 December 2015

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents membership levy and subcription income. Membership subscriptions income is deferred and recognised on a straight line basis over the term of the membership.

2	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		11			11			11			11

Page 2