Acorah Software Products - Accounts Production 15.0.600 false true false 12 September 2022 31 August 2023 31 August 2023 14351810 H Shaikh F A Chaka East Bond Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14351810 2022-09-11 14351810 2023-08-31 14351810 2022-09-12 2023-08-31 14351810 frs-core:Non-currentFinancialInstruments 2023-08-31 14351810 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-31 14351810 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-09-12 2023-08-31 14351810 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-09-11 14351810 frs-core:ShareCapital 2023-08-31 14351810 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 14351810 frs-bus:PrivateLimitedCompanyLtd 2022-09-12 2023-08-31 14351810 frs-bus:FilletedAccounts 2022-09-12 2023-08-31 14351810 frs-bus:SmallEntities 2022-09-12 2023-08-31 14351810 frs-bus:AuditExempt-NoAccountantsReport 2022-09-12 2023-08-31 14351810 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-12 2023-08-31 14351810 1 2022-09-12 2023-08-31 14351810 frs-bus:Director1 2022-09-12 2023-08-31 14351810 frs-bus:Director2 2022-09-12 2023-08-31 14351810 frs-countries:EnglandWales 2022-09-12 2023-08-31
Registered number: 14351810
Orchard Residences Ltd
Financial Statements
For the Period 12 September 2022 to 31 August 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14351810
31 August 2023
Notes £ £
FIXED ASSETS
Tangible Assets 4 7,105,187
7,105,187
CURRENT ASSETS
Debtors 291,249
291,249
Creditors: Amounts Falling Due Within One Year (934,235 )
NET CURRENT ASSETS (LIABILITIES) (642,986 )
TOTAL ASSETS LESS CURRENT LIABILITIES 6,462,201
Creditors: Amounts Falling Due After More Than One Year (6,077,068 )
NET ASSETS 385,133
CAPITAL AND RESERVES
Called up share capital 5 100
Profit and Loss Account 385,033
SHAREHOLDERS' FUNDS 385,133
Page 1
Page 2
For the period 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.
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 Profit and Loss Account.
On behalf of the board
F A Chaka
Director
17th July 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Orchard Residences Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14351810 . The registered office is 130-132 Regent Road, Leicester, LE1 7PG.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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:
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 12 September 2022 -
Additions 7,105,187
As at 31 August 2023 7,105,187
Net Book Value
As at 31 August 2023 7,105,187
As at 12 September 2022 -
5. Share Capital
31 August 2023
£
Allotted, Called up and fully paid 100
Page 3
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6. Related Party Transactions
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
7. Ultimate Controlling Party
The company's ultimate controlling party is East Bond Limited by virtue of his ownership of 100% of the issued share capital in the company.
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