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REGISTERED NUMBER: 14099844 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

The Truffle Orchard Limited

The Truffle Orchard Limited (Registered number: 14099844)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Truffle Orchard Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: Miss C Peck





REGISTERED OFFICE: Bank Chambers
61 High Street
Cranbrook
Kent
TN17 3EG





BUSINESS ADDRESS: Cockerhurst Cottage
Redmans Lane
Shoreham
Kent
TN14 7UB





REGISTERED NUMBER: 14099844 (England and Wales)





ACCOUNTANTS: McCabe Ford Williams
Bank Chambers
61 High Street
Cranbrook
Kent
TN17 3EG

The Truffle Orchard Limited (Registered number: 14099844)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,899 10,899

CURRENT ASSETS
Stocks 26,120 26,120
Cash at bank 52 218
26,172 26,338
CREDITORS
Amounts falling due within one year 5 39,299 37,774
NET CURRENT LIABILITIES (13,127 ) (11,436 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,228

)

(537

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (2,328 ) (637 )
(2,228 ) (537 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

The Truffle Orchard Limited (Registered number: 14099844)

Balance Sheet - continued
31 May 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 October 2024 and were signed by:





Miss C Peck - Director


The Truffle Orchard Limited (Registered number: 14099844)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

The Truffle Orchard Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company has a deficit on reserves. However, the accounts have been prepared on a going concern basis as the director has indicated that she will not withdraw her director's loan until the company has sufficient funds to repay it and she will provide funds to ensure that the company is in a position to meet its financial obligations as they fall due for the foreseeable future.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 10% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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.


The Truffle Orchard Limited (Registered number: 14099844)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Orchard amortisation
The orchard is recorded within stock and is amortised over its useful life from the point that the orchard is brought into commercial production.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023
and 31 May 2024 10,899
NET BOOK VALUE
At 31 May 2024 10,899
At 31 May 2023 10,899

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other creditors 39,299 37,774

6. RELATED PARTY DISCLOSURES

The director has made an interest free loan of £38,799 to the company (2023: £37,274).