Company Registration No. 02979603 (England and Wales)
Orchard Innovation Limited
Unaudited accounts
for the year ended 31 March 2023
Orchard Innovation Limited
Unaudited accounts
Contents
Orchard Innovation Limited
Company Information
for the year ended 31 March 2023
Director
Robert John Hellett
Company Number
02979603 (England and Wales)
Registered Office
1-2 Market House
Harlow
CM20 1BL
England
Accountants
Elite Accountants (London) Limited
717 Green Lanes
Winchmore Hill
London
N21 3RX
Orchard Innovation Limited
Statement of financial position
as at 31 March 2023
Tangible assets
3,753
5,529
Inventories
164,055
235,765
Cash at bank and in hand
21,817
52,167
Creditors: amounts falling due within one year
(187,169)
(208,121)
Net current assets
7,203
94,053
Total assets less current liabilities
10,956
99,582
Creditors: amounts falling due after more than one year
(24,923)
(35,152)
Net (liabilities)/assets
(13,967)
64,430
Called up share capital
4
4
Capital redemption reserve
4
4
Profit and loss account
(13,975)
64,422
Shareholders' funds
(13,967)
64,430
For the year ending 31 March 2023 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 3 November 2023 and were signed on its behalf by
Robert John Hellett
Director
Company Registration No. 02979603
Orchard Innovation Limited
Notes to the Accounts
for the year ended 31 March 2023
Orchard Innovation Limited is a private company, limited by shares, registered in England and Wales, registration number 02979603. The registered office is 1-2 Market House, Harlow, CM20 1BL, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
33% Reducing Balance
Fixtures & fittings
20% Reducing Balance
4
Tangible fixed assets
Total
5
Average number of employees
During the year the average number of employees was 8 (2022: 8).