ORCHARDLEIGH PARK LTD

Company Registration Number:
04290403 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

ORCHARDLEIGH PARK LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

ORCHARDLEIGH PARK LTD

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 4,409,461 4,134,585
Investments: 4 2,900,691 2,900,691
Total fixed assets: 7,310,152 7,035,276
Current assets
Debtors:   169,580 601
Cash at bank and in hand: 0 302,923
Total current assets: 169,580 303,524
Creditors: amounts falling due within one year: 5 (524,115) (273,851)
Net current assets (liabilities): (354,535) 29,673
Total assets less current liabilities: 6,955,617 7,064,949
Creditors: amounts falling due after more than one year: 6 (2,317,735) (3,203,194)
Total net assets (liabilities): 4,637,882 3,861,755
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 4,637,880 3,861,753
Shareholders funds: 4,637,882 3,861,755

The notes form part of these financial statements

ORCHARDLEIGH PARK 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 10 July 2023
and signed on behalf of the board by:

Name: C J Newby-Vincent
Status: Director

The notes form part of these financial statements

ORCHARDLEIGH PARK LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

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

Turnover policy

Turnover comprises the invoiced value of goods and services supplied by the company, net of value added tax.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less depreciation. Depreciation is calculated to write off the cost less estimated residual value of each asset over the expected useful life as follows:Freehold property: NilMotor vehicles: 10% reducing balance basisOffice equipment: 15% reducing balance basisPlant and equipment: 20% reducing balance basisFixtures, fittings and equipment: 15% reducing balance basis

Valuation and information policy

Stock and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Other accounting policies

Deferred Taxation. Provision is made for taxation deferred as a result of material timimg differences between the incidence of income and expenditure for taxation and accounts purposes, using the liability method, only to the extent that in the opinion of the directors, there is a reasonable probability that a liability or asset will crystallisein the near future.

ORCHARDLEIGH PARK LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 66 64

ORCHARDLEIGH PARK LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 5,228,859
Additions 361,252
Disposals (13,000)
At 31 March 2023 5,577,111
Depreciation
At 01 April 2022 1,094,274
Charge for year 73,376
At 31 March 2023 1,167,650
Net book value
At 31 March 2023 4,409,461
At 31 March 2022 4,134,585

ORCHARDLEIGH PARK LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Fixed investments

Investment in subsidiary companies: 2023 £2,900,691 2022: £2,900,691

ORCHARDLEIGH PARK LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due within one year note

2023: Bank Loans and overdrafts £167,269 Trade creditors £14.132 Social Security and other taxes £228,785 Other creditors £113,929. Total £524,1152022: Bank loans and overdrafts £150,847 Trade creditors £14,132 Social Security and other taxes £107,115 Other creditors £1,757. Total £273,851.

ORCHARDLEIGH PARK LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Creditors: amounts falling due after more than one year note

2023: Bank Loans £1,341,097 Other creditors £976,638 Total £2,317,735.2022: Bank Loans £1,493,232 Other creditors £1,709,962Total £3,203,194.