Company Registration No. 08659345 (England and Wales)
ORCHARD GARAGE (ATTLEBOROUGH) LTD
Unaudited accounts
for the year ended 31 August 2023
ORCHARD GARAGE (ATTLEBOROUGH) LTD
Unaudited accounts
Contents
ORCHARD GARAGE (ATTLEBOROUGH) LTD
Company Information
for the year ended 31 August 2023
Directors
Mrs G Wright
Mr S Wright
Company Number
08659345 (England and Wales)
Registered Office
8A
STATION ROAD INDUSTRIAL ESTATE
ATTLEBOROUGH
NR17 2NP
ENGLAND
Accountants
M & JB Associates Ltd
7 Laxton Close
Attleborough
Norfolk
NR17 1QY
ORCHARD GARAGE (ATTLEBOROUGH) LTD
Statement of financial position
as at 31 August 2023
Tangible assets
12,016
9,518
Cash at bank and in hand
46,736
30,735
Creditors: amounts falling due within one year
(159,180)
(142,842)
Net current liabilities
(98,062)
(103,272)
Net liabilities
(86,046)
(93,754)
Called up share capital
100
100
Profit and loss account
(86,146)
(93,854)
Shareholders' funds
(86,046)
(93,754)
For the year ending 31 August 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 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 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 of Directors and authorised for issue on 30 June 2024 and were signed on its behalf by
Mrs G Wright
Director
Company Registration No. 08659345
ORCHARD GARAGE (ATTLEBOROUGH) LTD
Notes to the Accounts
for the year ended 31 August 2023
ORCHARD GARAGE (ATTLEBOROUGH) LTD is a private company, limited by shares, registered in England and Wales, registration number 08659345. The registered office is 8A, STATION ROAD INDUSTRIAL ESTATE, ATTLEBOROUGH, NR17 2NP, 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:
Plant & machinery
25 % Reducing Balance
Fixtures & fittings
15% Reducing Balance
Computer equipment
25% Reducing Balance
Intangible fixed assets and amortisation
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the identifiable assets and liabilities. It is amortised to the Profit and loss account over its estimated economic life.
Amortisation is provided at the following rates:
Goodwill - Straight line over 5 years
The directors will continue to support the Company for the foreseeable future as they see the Company will soon go into profit.
ORCHARD GARAGE (ATTLEBOROUGH) LTD
Notes to the Accounts
for the year ended 31 August 2023
4
Intangible fixed assets
Total
At 1 September 2022
42,000
At 1 September 2022
42,000
5
Tangible fixed assets
Total
At 1 September 2022
28,065
At 1 September 2022
18,547
6
Average number of employees
During the year the average number of employees was 2 (2022: 2).