Company Registration No. 08092542 (England and Wales)
ORB MSV Limited
Unaudited accounts
for the year ended 31 December 2019
ORB MSV Limited
Unaudited accounts
Contents
ORB MSV Limited
Company Information
for the year ended 31 December 2019
Directors
Marco Ferrari
Philip Hale
Peter Haynes
Mustapha Kortach
Belle Moss
Company Number
08092542 (England and Wales)
Registered Office
31 UNION STREET
LONDON
SE1 1SD
ENGLAND
ORB MSV Limited
Statement of financial position
as at
31 December 2019
Investments
325,163
325,163
Cash at bank and in hand
928
1,038
Creditors: amounts falling due within one year
(2,855)
(1,415)
Net current assets
4,575
6,125
Net assets
329,738
331,288
Called up share capital
5
5
Profit and loss account
329,733
331,283
Shareholders' funds
329,738
331,288
For the year ending 31 December 2019 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2020 and were signed on its behalf by
Marco Ferrari
Director
Company Registration No. 08092542
ORB MSV Limited
Notes to the Accounts
for the year ended 31 December 2019
ORB MSV Limited is a private company, limited by shares, registered in England and Wales, registration number 08092542. The registered office is 31 UNION STREET, LONDON, SE1 1SD, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investments in shares are included at fair value.
4
Investments
Subsidiary undertakings
Valuation at 1 January 2019
325,163
Valuation at 31 December 2019
325,163
Amounts due from group undertakings etc.
6,502
6,502
6
Creditors: amounts falling due within one year
2019
2018
Amounts owed to group undertakings and other participating interests
2,855
1,415
7
Transactions with related parties
At 31 December 2019 Orb MSV Limited was owed £6,502 (2018: £6,502) and owed £2,855 (2018: £1,415) to connected companies with common ownership. The loans are interest free and there are no fixed terms for repayment.
8
Average number of employees
During the year the average number of employees was 5 (2018: 5).