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REGISTERED NUMBER:
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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED |
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31 MAY 2018 |
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FOR |
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ORBITAL DATA SYSTEMS LIMITED |
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REGISTERED NUMBER:
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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED |
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31 MAY 2018 |
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FOR |
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ORBITAL DATA SYSTEMS LIMITED |
ORBITAL DATA SYSTEMS LIMITED (REGISTERED NUMBER: 03202614) |
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CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 May 2018 |
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Company Information | 1 |
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Abridged Income Statement | 2 |
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Abridged Balance Sheet | 3 |
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Notes to the Financial Statements | 5 |
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ORBITAL DATA SYSTEMS LIMITED |
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COMPANY INFORMATION |
FOR THE YEAR ENDED 31 May 2018 |
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DIRECTOR: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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4th Floor |
Radius House |
51 Clarendon Road |
Watford |
Hertfordshire |
WD17 1HP |
ORBITAL DATA SYSTEMS LIMITED (REGISTERED NUMBER: 03202614) |
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ABRIDGED INCOME STATEMENT |
FOR THE YEAR ENDED 31 May 2018 |
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2018 | 2017 |
Notes | £ | £ |
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GROSS PROFIT |
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Administrative expenses | ( |
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OPERATING PROFIT and |
PROFIT BEFORE TAXATION |
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Tax on profit | 6 | ( |
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PROFIT FOR THE FINANCIAL YEAR |
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ORBITAL DATA SYSTEMS LIMITED (REGISTERED NUMBER: 03202614) |
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ABRIDGED BALANCE SHEET |
31 May 2018 |
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2018 | 2017 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 8 |
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CURRENT ASSETS |
Debtors |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year | ( |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CAPITAL AND RESERVES |
Called up share capital | 9 |
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Retained earnings | 10 |
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SHAREHOLDERS' FUNDS |
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The director acknowledges his 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. |
ORBITAL DATA SYSTEMS LIMITED (REGISTERED NUMBER: 03202614) |
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ABRIDGED BALANCE SHEET - continued |
31 May 2018 |
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The financial statements were approved by the director on
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ORBITAL DATA SYSTEMS LIMITED (REGISTERED NUMBER: 03202614) |
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NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 May 2018 |
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1. | STATUTORY INFORMATION |
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ORBITAL DATA SYSTEMS LIMITED is a
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The company's registered number and registered office address can be found on the Company Information page. |
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2. | STATEMENT OF COMPLIANCE |
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3. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
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Tangible fixed assets |
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Computer equipment | - |
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4. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the year was
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5. | OPERATING PROFIT |
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The operating profit is stated after charging: |
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2018 | 2017 |
£ | £ |
Depreciation - owned assets |
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6. | TAXATION |
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Analysis of the tax charge |
The tax charge on the profit for the year was as follows: |
2018 | 2017 |
£ | £ |
Current tax: |
UK corporation tax |
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Tax on profit |
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ORBITAL DATA SYSTEMS LIMITED (REGISTERED NUMBER: 03202614) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 May 2018 |
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7. | DIVIDENDS |
2018 | 2017 |
£ | £ |
Ordinary share of £1 |
Final |
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8. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 June 2017 |
and 31 May 2018 |
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DEPRECIATION |
At 1 June 2017 |
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Charge for year |
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At 31 May 2018 |
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NET BOOK VALUE |
At 31 May 2018 |
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At 31 May 2017 |
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9. | CALLED UP SHARE CAPITAL |
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Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2018 | 2017 |
value: | £ | £ |
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Ordinary | £1 | 1 | 1 |
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10. | RESERVES |
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Reserves | £60,158 |
ORBITAL DATA SYSTEMS LIMITED (REGISTERED NUMBER: 03202614) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 May 2018 |
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11. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
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The following advances and credits to a director subsisted during the years ended 31 May 2018 and 31 May 2017: |
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2018 | 2017 |
£ | £ |
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Balance outstanding at start of year | ( |
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Amounts advanced |
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Amounts repaid | ( |
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Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year | ( |
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12. | ULTIMATE CONTROLLING PARTY |
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The ultimate controlling party is
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