1 April 2023 false No description of principal activity Taxfiler 2024.5 06184115business:PrivateLimitedCompanyLtd2023-04-012024-03-31 061841152023-03-31 061841152023-04-012024-03-31 06184115business:AuditExemptWithAccountantsReport2023-04-012024-03-31 06184115business:FilletedAccounts2023-04-012024-03-31 061841152024-03-31 061841152023-03-31 06184115core:WithinOneYear2024-03-31 06184115core:WithinOneYear2023-03-31 06184115core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 06184115core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 06184115core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 06184115core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 06184115core:PreviouslyStatedAmount2024-03-31 06184115core:PreviouslyStatedAmount2023-03-31 06184115business:SmallEntities2023-04-012024-03-31 06184115business:Director12023-04-012024-03-31 06184115countries:EnglandWales2023-04-012024-03-31 06184115business:RegisteredOffice2023-04-012024-03-31 06184115core:FurnitureFittings2023-04-012024-03-31 06184115core:ComputerEquipment2023-04-012024-03-31 06184115core:FurnitureFittings2023-03-31 06184115core:ComputerEquipment2023-03-31 06184115core:FurnitureFittings2024-03-31 06184115core:ComputerEquipment2024-03-31 06184115core:AdditionsToInvestments2024-03-31 06184115business:Director112023-04-012024-03-31 06184115business:Director112023-03-31 06184115business:Director112024-03-31 061841152022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 06184115 (England and Wales)
The Orchard Organisation Limited Unaudited accounts for the year ended 31 March 2024
The Orchard Organisation Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,019 
3,632 
Investments
100 
- 
2,119 
3,632 
Current assets
Inventories
142,056 
128,673 
Debtors
1,772,199 
2,228,786 
Cash at bank and in hand
789,644 
333,513 
2,703,899 
2,690,972 
Creditors: amounts falling due within one year
(1,726,804)
(1,849,579)
Net current assets
977,095 
841,393 
Total assets less current liabilities
979,214 
845,025 
Provisions for liabilities
Deferred tax
(384)
(584)
Net assets
978,830 
844,441 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
978,730 
844,341 
Shareholders' funds
978,830 
844,441 
For the year ending 31 March 2024 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.
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 9 August 2024 and were signed on its behalf by
Mr A Else Director Company Registration No. 06184115
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The Orchard Organisation Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
The Orchard Organisation Limited is a private company, limited by shares, registered in England and Wales, registration number 06184115. The registered office is Unit 1, Green Farm, The Green, Abbots Ripton, Huntingdon, PE28 2PF.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
20% straight line
Computer equipment
33% straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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The Orchard Organisation Limited Notes to the Accounts for the year ended 31 March 2024
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
3,536 
28,949 
32,485 
Disposals
- 
(9,618)
(9,618)
At 31 March 2024
3,536 
19,331 
22,867 
Depreciation
At 1 April 2023
1,474 
27,379 
28,853 
Charge for the year
707 
906 
1,613 
On disposals
- 
(9,618)
(9,618)
At 31 March 2024
2,181 
18,667 
20,848 
Net book value
At 31 March 2024
1,355 
664 
2,019 
At 31 March 2023
2,062 
1,570 
3,632 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 April 2023
- 
Additions
100 
Valuation at 31 March 2024
100 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,580,445 
1,961,618 
Other debtors
191,754 
267,168 
1,772,199 
2,228,786 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,384,479 
1,706,194 
Taxes and social security
338,050 
124,706 
Other creditors
4,275 
18,679 
1,726,804 
1,849,579 
- 4 -
The Orchard Organisation Limited Notes to the Accounts for the year ended 31 March 2024
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Loan advanced in the year. Interest is charged at 2.25% per annum
175,101 
167,283 
175,101 
167,283 
175,101 
167,283 
175,101 
167,283 
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).
- 5 -