Acorah Software Products - Accounts Production 15.0.600 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 12615902 Mr F A McArdle Mr E J Dwane iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12615902 2023-05-31 12615902 2024-05-31 12615902 2023-06-01 2024-05-31 12615902 frs-core:PlantMachinery 2024-05-31 12615902 frs-core:PlantMachinery 2023-06-01 2024-05-31 12615902 frs-core:PlantMachinery 2023-05-31 12615902 frs-core:ShareCapital 2024-05-31 12615902 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 12615902 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 12615902 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 12615902 frs-bus:SmallEntities 2023-06-01 2024-05-31 12615902 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 12615902 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 12615902 frs-bus:Director1 2023-06-01 2024-05-31 12615902 frs-bus:Director2 2023-06-01 2024-05-31 12615902 frs-countries:EnglandWales 2023-06-01 2024-05-31 12615902 2022-05-31 12615902 2023-05-31 12615902 2022-06-01 2023-05-31 12615902 frs-core:ShareCapital 2023-05-31 12615902 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 12615902
Two Orchards Drinks LTD
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: 12615902
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 72,237 76,508
72,237 76,508
CURRENT ASSETS
Debtors 5 21,616 -
Cash at bank and in hand 3,806 502
25,422 502
Creditors: Amounts Falling Due Within One Year 6 (220,957 ) (172,561 )
NET CURRENT ASSETS (LIABILITIES) (195,535 ) (172,059 )
TOTAL ASSETS LESS CURRENT LIABILITIES (123,298 ) (95,551 )
NET LIABILITIES (123,298 ) (95,551 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Income Statement (123,398 ) (95,651 )
SHAREHOLDERS' FUNDS (123,298) (95,551)
For the year ending 31 May 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
The financial statements were approved by the board of directors on 9 September 2024 and were signed on its behalf by:
Mr F A McArdle
Director
9 September 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Two Orchards Drinks LTD is a private company, limited by shares, incorporated in England & Wales, registered number 12615902 . The registered office is The Old Barn Wigginton Heath, Banbury, OX15 4LQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 June 2023 114,511
Additions 17,713
Disposals (14,468 )
As at 31 May 2024 117,756
Depreciation
As at 1 June 2023 38,003
Provided during the period 16,805
Disposals (9,289 )
As at 31 May 2024 45,519
Net Book Value
As at 31 May 2024 72,237
As at 1 June 2023 76,508
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 21,616 -
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 220,957 172,561
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Related Party Transactions
At the period end, Two Orchards Drinks Limited owed £450 to F A M Productions Limited, a company related by key management personnel. This amount is interest free and repayable on demand.
Page 3