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REGISTERED NUMBER: 03679119 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

ORCHARD HIRE AND SALES LTD

ORCHARD HIRE AND SALES LTD (REGISTERED NUMBER: 03679119)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

ORCHARD HIRE AND SALES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2021







DIRECTORS: R J Finch
A B Snape
Mrs S M Snape
N C Finch
M E Snape





SECRETARY: R J Finch





REGISTERED OFFICE: Willow End
Stoke Orchard Road
Bishops Cleeve
Cheltenham
Gloucestershire
GL52 7DG





REGISTERED NUMBER: 03679119 (England and Wales)





ACCOUNTANTS: Andorran Limited
6 Manor Park Business Centre
Mackenzie Way
Cheltenham
Gloucestershire
GL51 9TX

ORCHARD HIRE AND SALES LTD (REGISTERED NUMBER: 03679119)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2021

31.12.21 31.12.20
Notes £    £   
FIXED ASSETS
Tangible assets 4 221,251 212,135

CURRENT ASSETS
Stocks 294,068 173,483
Debtors 483,136 275,041
Cash at bank and in hand 94,066 227,007
871,270 675,531
CREDITORS
Amounts falling due within one year (269,061 ) (139,672 )
NET CURRENT ASSETS 602,209 535,859
TOTAL ASSETS LESS CURRENT
LIABILITIES

823,460

747,994

PROVISIONS FOR LIABILITIES (52,739 ) (37,920 )
NET ASSETS 770,721 710,074

CAPITAL AND RESERVES
Called up share capital 5 95 95
Capital redemption reserve 5 5
Retained earnings 770,621 709,974
SHAREHOLDERS' FUNDS 770,721 710,074

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

ORCHARD HIRE AND SALES LTD (REGISTERED NUMBER: 03679119)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 December 2021 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 September 2022 and were signed on its behalf by:





N C Finch - Director


ORCHARD HIRE AND SALES LTD (REGISTERED NUMBER: 03679119)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

1. STATUTORY INFORMATION

Orchard Hire and Sales Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts. Revenue is recognised on completion of work. On long term projects, revenue is recognised at regular intervals up to completion.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on cost and 15% on reducing balance
Motor vehicles - 25% on reducing balance

Hire stock is deemed to have a residual value of 25% of cost after five years.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

ORCHARD HIRE AND SALES LTD (REGISTERED NUMBER: 03679119)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2020 - 6 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2021 492,840
Additions 58,000
Disposals (1,712 )
At 31 December 2021 549,128
DEPRECIATION
At 1 January 2021 280,705
Charge for year 48,884
Eliminated on disposal (1,712 )
At 31 December 2021 327,877
NET BOOK VALUE
At 31 December 2021 221,251
At 31 December 2020 212,135

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.21 31.12.20
value: £    £   
95 Ordinary £1 95 95

6. RELATED PARTY DISCLOSURES

The company is related to Willow Construction (Midlands) Ltd, Snape Construction Ltd, Snape Contracting Services Ltd and SC (2007) Ltd by reason of some common directors.

The company rents premises from Snape Construction Ltd on normal commercial terms. The value of rent payments during the year to 31 December 2021 was £20,400 (2020: £20,400). The company is also charged for electricity usage by Snape Construction Ltd on normal commercial terms. The value of electricity charges during the year to 31 December 2021 was £1,343 (2020: £1,424).

The company is charged a management fee by Willow Construction (Midlands) Ltd on normal commercial terms. The value of management charges during the year to 31 December 2021 was £129,630 (2020: £86,420).

The company hires and sells equipment on normal commercial terms to Snape Construction Ltd, Snape Contracting Services Ltd and SC (2007) Ltd. The value of this turnover during the year to 31 December 2021 was £1,774 (2020: £3,722), £28,224 (2020: £40,268) and £3,400 (2020: £4,593) respectively.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ORCHARD HIRE AND SALES LTD

The following reproduces the text of the report prepared for the directors 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 Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Orchard Hire and Sales Ltd for the year ended 31 December 2021 on pages to from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Orchard Hire and Sales Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Orchard Hire and Sales Ltd and state those matters that we have agreed to state to the Board of Directors of Orchard Hire and Sales Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Orchard Hire and Sales Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Orchard Hire and Sales 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 profit of Orchard Hire and Sales Ltd. You consider that Orchard Hire and Sales Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Orchard Hire and Sales Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Andorran Limited
6 Manor Park Business Centre
Mackenzie Way
Cheltenham
Gloucestershire
GL51 9TX


Date: .............................................