REGISTERED NUMBER:
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UNAUDITED CESSATION FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED |
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31 MAY 2021 |
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FOR |
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ORBITAL DATA SYSTEMS LIMITED |
REGISTERED NUMBER:
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UNAUDITED CESSATION FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED |
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31 MAY 2021 |
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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 2021 |
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Company Information | 1 |
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Report of the Accountants | 2 |
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Abridged Income Statement | 3 |
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Abridged Balance Sheet | 4 |
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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 2021 |
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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 |
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REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF |
ORBITAL DATA SYSTEMS LIMITED |
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The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies. |
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As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2021 set out on pages three to six and you consider that the company is exempt from an audit. |
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In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
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4th Floor |
Radius House |
51 Clarendon Road |
Watford |
Hertfordshire |
WD17 1HP |
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Date: ............................................. |
ORBITAL DATA SYSTEMS LIMITED (REGISTERED NUMBER: 03202614) |
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ABRIDGED INCOME STATEMENT |
FOR THE YEAR ENDED 31 May 2021 |
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2021 | 2020 |
Notes | £ | £ |
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GROSS PROFIT |
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Administrative expenses |
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OPERATING PROFIT |
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Interest receivable and similar income |
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PROFIT BEFORE TAXATION |
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Tax on profit | 5 |
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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 2021 |
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2021 | 2020 |
Notes | £ | £ |
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 | 8 |
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Retained earnings | 9 |
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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. |
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The financial statements were approved by the director and authorised for issue 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 2021 |
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1. | STATUTORY INFORMATION |
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ORBITAL DATA SYSTEMS LIMITED is a
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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. | TAXATION |
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Analysis of the tax charge |
The tax charge on the profit for the year was as follows: |
2021 | 2020 |
£ | £ |
Current tax: |
UK corporation tax |
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Tax on profit |
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6. | DIVIDENDS |
2021 | 2020 |
£ | £ |
Ordinary share of £1 |
Final |
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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 2021 |
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7. | TANGIBLE FIXED ASSETS |
Totals |
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COST |
At 1 June 2020 |
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Disposals | ( |
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At 31 May 2021 |
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DEPRECIATION |
At 1 June 2020 |
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Eliminated on disposal | ( |
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At 31 May 2021 |
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NET BOOK VALUE |
At 31 May 2021 |
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At 31 May 2020 |
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8. | CALLED UP SHARE CAPITAL |
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Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2021 | 2020 |
value: | £ | £ |
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Ordinary | £1 | 1 | 1 |
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9. | RESERVES |
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Reserves £130,602.00 |
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10. | 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 2021 and 31 May 2020: |
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2021 | 2020 |
£ | £ |
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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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11. | ULTIMATE CONTROLLING PARTY |
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The ultimate controlling party is
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