ORLANDO_GRAY_MANAGEMENT_L - Accounts

ORLANDO GRAY MANAGEMENT LTD - Company Information

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Company Registration No. 09910473 (England and Wales)

ORLANDO GRAY MANAGEMENT LTD

DIRECTOR'S REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

ORLANDO GRAY MANAGEMENT LTD

COMPANY INFORMATION

Director

Mr W J Marsh

(Appointed 10 December 2015)

Company number

09910473

Registered office

21 Wickham Way

Beckenham

Kent

BR3 3AA

Accountants

Theataccounts Limited

The Oakley

Kidderminster Road

Droitwich

Worcestershire

United Kingdom

WR9 9AY

Bankers

Natwest

41 High Street

Beckenham

Kent

BR3 1DA

ORLANDO GRAY MANAGEMENT LTD

CONTENTS

Page

Director's report

Accountants' report

Profit and loss account

Balance sheet

Notes to the financial statements

5 - 6

Detailed trading and profit and loss account

7 - 8

ORLANDO GRAY MANAGEMENT LTD

DIRECTOR'S REPORT

FOR THE YEAR ENDED 31 DECEMBER 2016

- 1 -

The director presents his report and financial statements for the year ended 31 December 2016.

Director

The following director has held office since 10 December 2015:

Mr W J Marsh

(Appointed 10 December 2015)

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board

Mr W J Marsh

Director

8 September 2017

ORLANDO GRAY MANAGEMENT LTD

ENTERTAINMENT ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ORLANDO GRAY MANAGEMENT LTD FOR THE YEAR ENDED 31 DECEMBER 2016

- 2 -

In order to assist you to fulfil your duties under the Companies Act 2014, we have prepared for your approval the financial statements of Orlando Gray Management Limited for the year ended 31st December 2016 which comprise the Statement of Income and Retained Earnings, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

It is your duty to ensure that Orlando Gray Management Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Orlando Gray Management Ltd. You consider that Orlando Gray Management Ltd is exempt from the statutory audit requirement for the year.

Theataccounts Limited

8 September 2017

Entertainment Accountants

The Oakley

Kidderminster Road

Droitwich

Worcestershire

United Kingdom

WR9 9AY

ORLANDO GRAY MANAGEMENT LTD

PROFIT AND LOSS ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2016

- 3 -

2016

Notes

Turnover

3,470

Administrative expenses

(5,047)

Loss on ordinary activities before taxation

(1,577)

Tax on loss on ordinary activities

Loss for the year

(1,577)

The profit and loss account has been prepared on the basis that all operations are continuing operations.

There are no recognised gains and losses other than those passing through the profit and loss account.

ORLANDO GRAY MANAGEMENT LTD

BALANCE SHEET

AS AT

31 DECEMBER 2016

- 4 -

2016

Notes

Current assets

Creditors: amounts falling due within one year

(1,576)

Total assets less current liabilities

(1,576)

Capital and reserves

Called up share capital

Profit and loss account

(1,577)

Shareholder's funds

(1,576)

For the financial year ended 31 December 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

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

Approved by the Board and authorised for issue on 8 September 2017

Mr W J Marsh

Director

Company Registration No. 09910473

ORLANDO GRAY MANAGEMENT LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

- 5 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention.

These financial statements have been drawn up on the going concern basis. If the going concern basis were not appropriate, adjustments would have been made to reduce assets to recoverable amounts, to provide for any further liabilities that might arise, and to re-classify fixed assets as current assets and long term liabilities as current liabilities.

1.2

Turnover

Turnover represents net invoiced sales of services.

1.3

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.

Operating loss

2016

Operating loss is stated after charging:

Director's remuneration

2,400

Creditors: amounts falling due within one year

2016

Other creditors

1,576

Included within other creditors is a director's current account totalling £736.

Share capital

2016

Allotted, called up and fully paid

1 Ordinary of £1 each

During the year 1 ordinary share of £1 each were allotted and fully paid at par for cash consideration to provide additional working capital.

ORLANDO GRAY MANAGEMENT LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2016

- 6 -

Statement of movements on profit and loss account

Profit
and loss
account

Loss for the year

(1,577)

Reconciliation of movements in Shareholder's funds

2016

Loss for the financial year

(1,577)

Proceeds from issue of shares

Net depletion in shareholders' funds

(1,576)

Opening Shareholder's funds

Closing Shareholder's funds

(1,576)

Control

The ultimate controlling party is Mr M Walsh, director and shareholder.

Produced on 08 September 2017 at 13:52:45

ORLANDO GRAY MANAGEMENT LTD

DETAILED TRADING AND PROFIT AND LOSS ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2016

- 7 -

2016

Turnover

Sales

3,470

Administrative expenses

Directors' remuneration

2,400

Office accommodation costs

281

Venue hire

241

Printing, postage and stationery

Telephone

468

Travel and subsistence

775

Accountancy

840

Administrative expenses

145.45%

(5,047)

Operating loss

(1,577)

Loss for the year (per accounts)

(1,577)

MEMORANDUM

Profit and loss reserves movements

Loss for the year

(1,577)

Balance at 31 December 2016

(1,577)

Produced on 08 September 2017 at 13:52:45

ORLANDO GRAY MANAGEMENT LTD

DETAILED TRADING AND PROFIT AND LOSS ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2016

- 8 -

Fixed assets

Current assets

Creditors: amounts falling due within one year

Director's current account

(736)

Accruals

(840)

(1,576)

Net current liabilities

(1,576)

Total assets less current liabilities

(1,576)

Capital and reserves

Ordinary share capital class 1 cash iss

Loss for the year per accounts

(1,577)

(1,576)