REGISTERED NUMBER: |
REPORT OF THE DIRECTORS AND |
UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 1 MAY 2024 TO 31 JULY |
FOR |
ORCHARD BOUNTY INC LIMITED |
REGISTERED NUMBER: |
REPORT OF THE DIRECTORS AND |
UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 1 MAY 2024 TO 31 JULY |
FOR |
ORCHARD BOUNTY INC LIMITED |
ORCHARD BOUNTY INC LIMITED (REGISTERED NUMBER: 10135042) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 MAY 2024 TO 31 JULY 2024 |
Page |
Company Information | 1 |
Report of the Directors | 2 |
Report of the Accountants | 3 |
Income Statement | 4 |
Balance Sheet | 5 |
Notes to the Financial Statements | 7 |
ORCHARD BOUNTY INC LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 1 MAY 2024 TO 31 JULY 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Marlborough House |
298 Regents Park Road |
London |
N3 2SZ |
ORCHARD BOUNTY INC LIMITED (REGISTERED NUMBER: 10135042) |
REPORT OF THE DIRECTORS |
FOR THE PERIOD 1 MAY 2024 TO 31 JULY 2024 |
The directors present their report with the financial statements of the company for the period 1 May 2024 to 31 July 2024. |
CESSATION OF TRADING |
The company ceased trading on 31 July 2024. |
PRINCIPAL ACTIVITY |
The principal activity of the company in the period under review was that of wholesale of fruit. |
DIRECTORS |
The directors shown below have held office during the whole of the period from 1 May 2024 to the date of this report. |
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. |
ON BEHALF OF THE BOARD: |
ORCHARD BOUNTY INC LIMITED |
REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF |
ORCHARD BOUNTY INC LIMITED |
In accordance with the engagement letter, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us. |
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report. |
You have acknowledged on the balance sheet as at year ended 31 July 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year. |
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements. |
Marlborough House |
298 Regents Park Road |
London |
N3 2SZ |
ORCHARD BOUNTY INC LIMITED (REGISTERED NUMBER: 10135042) |
INCOME STATEMENT |
FOR THE PERIOD 1 MAY 2024 TO 31 JULY 2024 |
Period |
1.5.24 |
to | Year Ended |
31.7.24 | 30.4.24 |
$ | $ |
TURNOVER |
Administrative expenses |
OPERATING LOSS | ( |
) | ( |
) |
Interest receivable and similar income |
(2,056 | ) | 41,866 |
Interest payable and similar expenses |
LOSS BEFORE TAXATION | ( |
) | ( |
) |
Tax on loss |
LOSS FOR THE FINANCIAL PERIOD |
( |
) |
( |
) |
ORCHARD BOUNTY INC LIMITED (REGISTERED NUMBER: 10135042) |
BALANCE SHEET |
31 JULY 2024 |
31.7.24 | 30.4.24 |
Notes | $ | $ |
CURRENT ASSETS |
Debtors | 4 |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
6 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings | 8 |
SHAREHOLDERS' FUNDS |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
ORCHARD BOUNTY INC LIMITED (REGISTERED NUMBER: 10135042) |
BALANCE SHEET - continued |
31 JULY 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
ORCHARD BOUNTY INC LIMITED (REGISTERED NUMBER: 10135042) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 MAY 2024 TO 31 JULY 2024 |
1. | STATUTORY INFORMATION |
Orchard Bounty Inc Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Foreign currencies |
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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.7.24 | 30.4.24 |
$ | $ |
Other debtors |
ORCHARD BOUNTY INC LIMITED (REGISTERED NUMBER: 10135042) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 MAY 2024 TO 31 JULY 2024 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.7.24 | 30.4.24 |
$ | $ |
Other creditors |
Accruals and deferred income |
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.7.24 | 30.4.24 |
$ | $ |
Other creditors |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.7.24 | 30.4.24 |
value: | $ | $ |
Ordinary £1 | £1 | 1 | 1 |
8. | RESERVES |
Retained |
earnings |
$ |
At 1 May 2024 |
Deficit for the period | ( |
) |
At 31 July 2024 |
9. | RELATED PARTY DISCLOSURES |
At the year-end included under creditors is an amount owed to Letabakop Plase (Pty) Ltd of $Nil (Apr 2024: $838,010). This company is owned by the Vonnie Thalwitzer Family Trust. |
The controlling party is the company director by virtue of his shareholding. |