THE ORCHARD PROJECT (VENTURES) LTD

Company Registration Number:
09154892 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 April 2022

End date: 31 March 2023

THE ORCHARD PROJECT (VENTURES) LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

THE ORCHARD PROJECT (VENTURES) LTD

Directors' report period ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal activities of the company

The company's principal activity during the year continued to be the planting of orchards.



Directors

The directors shown below have held office during the whole of the period from
1 April 2022 to 31 March 2023

Lisa Stonestreet
Catherine Andrews
Katherine Rosen


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
22 November 2023

And signed on behalf of the board by:
Name: Katherine Rosen
Status: Director

THE ORCHARD PROJECT (VENTURES) LTD

Profit And Loss Account

for the Period Ended 31 March 2023

2023 2022


£

£
Turnover: 2,875 (120)
Cost of sales: ( 1,782 ) ( 975 )
Gross profit(or loss): 1,093 (1,095)
Operating profit(or loss): 1,093 (1,095)
Profit(or loss) before tax: 1,093 (1,095)
Profit(or loss) for the financial year: 1,093 (1,095)

THE ORCHARD PROJECT (VENTURES) LTD

Balance sheet

As at 31 March 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 25,600 86
Cash at bank and in hand: 67,209 66,228
Total current assets: 92,809 66,314
Creditors: amounts falling due within one year: 4 ( 92,809 ) ( 67,408 )
Net current assets (liabilities): 0 (1,094)
Total assets less current liabilities: 0 ( 1,094)
Total net assets (liabilities): 0 (1,094)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (1 ) (1,095 )
Total Shareholders' funds: 0 (1,094)

The notes form part of these financial statements

THE ORCHARD PROJECT (VENTURES) LTD

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 22 November 2023
and signed on behalf of the board by:

Name: Katherine Rosen
Status: Director

The notes form part of these financial statements

THE ORCHARD PROJECT (VENTURES) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discountsand value added taxes. Turnover includes revenue earned from the sale of goods, from therendering of services and grants receivable. Turnover from the sale of goods is recognised whenthe significant risks and rewards of ownership of the goods have transferred to the buyer.Turnover from the rendering of services is recognised by reference to the stage of completion ofthe contract. The stage of completion of a contract is measured by comparing the costs incurredfor work performed to date to the total estimated contract costs.

    Other accounting policies

    Short term debtors are measured at transaction price (which is usually the invoice price), less anyimpairment losses for bad and doubtful debts. Loans and other financial assets are initiallyrecognised at transaction price including any transaction costs and subsequently measured atamortised cost determined using the effective interest method, less any impairment losses for badand doubtful debts.Short term creditors are measured at transaction price (which is usually the invoice price). Loansand other financial liabilities are initially recognised at transaction price net of any transaction costsand subsequently measured at amortised cost determined using the effective interest method.A current tax liability is recognised for the tax payable on the taxable profit of the current and pastperiods. A current tax asset is recognised in respect of a tax loss that can be carried back torecover tax paid in a previous period. Deferred tax is recognised in respect of all timingdifferences between the recognition of income and expenses in the financial statements and theirinclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognisedonly to the extent that it is probable that they will be recovered against the reversal of deferred taxliabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws thathave been enacted or substantively enacted by the reporting date and that are expected to applyto the reversal of the timing difference, except for revalued land and investment property wherethe tax rate that applies to the sale of the asset is used. Current and deferred tax assets andliabilities are not discounted.Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligationat the reporting date as a result of a past event, it is probable that economic benefit will betransferred to settle the obligation and the amount of the obligation can be estimated reliably.Contributions to defined contribution plans are expensed in the period to which they relate.

THE ORCHARD PROJECT (VENTURES) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

THE ORCHARD PROJECT (VENTURES) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Debtors

2023 2022
£ £
Trade debtors 25,600
Other debtors 86
Total 25,600 86

THE ORCHARD PROJECT (VENTURES) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Other creditors 92,809 67,408
Total 92,809 67,408