Abbreviated Company Accounts - ORION CONSULTANCY LIMITED

ORION CONSULTANCY LIMITED - Company Information

06589017 ORION CONSULTANCY LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 06589017 2015-04-01 2016-03-31 06589017 2016-03-31 06589017 2015-03-31 06589017 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 06589017 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 06589017

ORION CONSULTANCY LIMITED

Abbreviated Accounts

31 March 2016

ORION CONSULTANCY LIMITED Registered Number 06589017

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	827	1,103
		827	1,103
Current assets
Debtors		109,050	39,131
Cash at bank and in hand		16,170	10,258
		125,220	49,389
Net current assets (liabilities)		125,220	49,389
Total assets less current liabilities		126,047	50,492
Creditors: amounts falling due after more than one year		(79,912)	(49,436)
Provisions for liabilities		(165)	(211)
Total net assets (liabilities)		45,970	845
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		45,870	745
Shareholders' funds		45,970	845

For the year ending 31 March 2016 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 22 December 2016

And signed on their behalf by:
Simon Treadgold, Director

ORION CONSULTANCY LIMITED Registered Number 06589017

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2015).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

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

Fixtures fittings and equipment - 25% reducing balance

Other accounting policies
Deferred Taxation
Deferred tax is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. Deferred tax balances are not discounted.

Transactions with directors
Advances to directors
The following directors had interest free loans during the year:

Simon Treadgold - amount owing - 2016 £91,050
2015 £39,131
The above balance has been repaid since the year end.

2Tangible fixed assets

	£
Cost
At 1 April 2015	5,527
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	5,527
Depreciation
At 1 April 2015	4,424
Charge for the year	276
On disposals	-
At 31 March 2016	4,700
Net book values
At 31 March 2016	827
At 31 March 2015	1,103

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100