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REGISTERED NUMBER: 13111212 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023

FOR

ORCHARD PROPERTIES HOLDINGS LIMITED

ORCHARD PROPERTIES HOLDINGS LIMITED (REGISTERED NUMBER: 13111212)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ORCHARD PROPERTIES HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTORS: C A Wermerling
Ms K Roast





REGISTERED OFFICE: The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ





REGISTERED NUMBER: 13111212 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Hove) Limited
The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ

ORCHARD PROPERTIES HOLDINGS LIMITED (REGISTERED NUMBER: 13111212)

BALANCE SHEET
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,395 3,945
Investment property 5 500,000 398,767
505,395 402,712

CURRENT ASSETS
Debtors 6 1,685 2,290
Cash at bank and in hand 29,998 8,213
31,683 10,503
CREDITORS
Amounts falling due within one year 7 430,284 428,241
NET CURRENT LIABILITIES (398,601 ) (417,738 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

106,794

(15,026

)

PROVISIONS FOR LIABILITIES 19,234 -
NET ASSETS/(LIABILITIES) 87,560 (15,026 )

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 8 81,999 -
Retained earnings 5,461 (15,126 )
SHAREHOLDERS' FUNDS 87,560 (15,026 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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 PROPERTIES HOLDINGS LIMITED (REGISTERED NUMBER: 13111212)

BALANCE SHEET - continued
31 JANUARY 2023


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

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

The financial statements were approved by the Board of Directors and authorised for issue on 20 October 2023 and were signed on its behalf by:




C A Wermerling - Director



Ms K Roast - Director


ORCHARD PROPERTIES HOLDINGS LIMITED (REGISTERED NUMBER: 13111212)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1. STATUTORY INFORMATION

Orchard Properties Holdings Limited 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.

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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Turnover
Turnover represents the following types of income
- Rental income
- Income from the sale of properties

All income is recognised on a receivable basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

ORCHARD PROPERTIES HOLDINGS LIMITED (REGISTERED NUMBER: 13111212)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 February 2022 4,209
Additions 2,654
At 31 January 2023 6,863
DEPRECIATION
At 1 February 2022 264
Charge for year 1,204
At 31 January 2023 1,468
NET BOOK VALUE
At 31 January 2023 5,395
At 31 January 2022 3,945

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2022 398,767
Revaluations 101,233
At 31 January 2023 500,000
NET BOOK VALUE
At 31 January 2023 500,000
At 31 January 2022 398,767

Fair value at 31 January 2023 is represented by:
£   
Valuation in 2023 101,233
Cost 398,767
500,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,083 2,167
Prepayments 602 123
1,685 2,290

ORCHARD PROPERTIES HOLDINGS LIMITED (REGISTERED NUMBER: 13111212)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 3,806 2
Amounts owed to associates 18,621 16,160
Other creditors 5,435 4,227
Directors' loan accounts 398,326 403,881
Deferred income 2,776 2,770
Accrued expenses 1,320 1,201
430,284 428,241

8. RESERVES
Revaluation
reserve
£   
Profit and loss revaluation 81,999

At 31 January 2023 81,999

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, C Wermerling decreased his loan to the company. As at 31 January 2023, the company owed him £198,963 (2022: £201,991). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

During the year, Ms K Roast decreased her loan to the company. As at 31 January 2023, the company owed her £199,363 (2022: £201,891). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Ms K Roast.

This was by virtue of her 100% holding of the issued share capital.