Company Registration No. 13863673 (England and Wales)
West Orchid Ltd
Unaudited accounts
for the year ended 31 January 2024
West Orchid Ltd
Unaudited accounts
Contents
West Orchid Ltd
Company Information
for the year ended 31 January 2024
Directors
Joanna Jane Nash
Timothy Luther Nash
Company Number
13863673 (England and Wales)
Registered Office
PELYNTOR COTTAGE
PELYN TOR
LOSTWITHIEL
PL22 0JF
UNITED KINGDOM
Accountants
Mrs R N Pitman
Portheras Accounting Ltd
Tremarstan
Kilhallon
Cornwall
PL24 2RL
West Orchid Ltd
Statement of financial position
as at 31 January 2024
Intangible assets
63,582
68,381
Tangible assets
28,469
22,190
Cash at bank and in hand
42,146
43,552
Creditors: amounts falling due within one year
(87,015)
(98,351)
Net current assets
16,866
3,756
Total assets less current liabilities
108,917
94,327
Creditors: amounts falling due after more than one year
(70,000)
(70,000)
Called up share capital
27,500
27,500
Profit and loss account
11,417
(3,173)
Shareholders' funds
38,917
24,327
For the year ending 31 January 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 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 27 October 2024 and were signed on its behalf by
Joanna Jane Nash
Director
Company Registration No. 13863673
West Orchid Ltd
Notes to the Accounts
for the year ended 31 January 2024
West Orchid Ltd is a private company, limited by shares, registered in England and Wales, registration number 13863673. The registered office is PELYNTOR COTTAGE, PELYN TOR, LOSTWITHIEL, PL22 0JF, UNITED KINGDOM.
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
Straight line @ 20%
Fixtures & fittings
Straight line @ 20%
Computer equipment
Straight line @ 33%
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Purchase of leasehold
4
Intangible fixed assets
Other
West Orchid Ltd
Notes to the Accounts
for the year ended 31 January 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 February 2023
5,495
6,109
-
11,800
882
24,286
Additions
4,355
3,710
3,500
4,078
-
15,643
Disposals
(4,580)
-
-
-
-
(4,580)
At 31 January 2024
5,270
9,819
3,500
15,878
882
35,349
At 1 February 2023
-
730
-
1,163
203
2,096
Charge for the year
-
1,553
175
2,765
291
4,784
At 31 January 2024
-
2,283
175
3,928
494
6,880
At 31 January 2024
5,270
7,536
3,325
11,950
388
28,469
At 31 January 2023
5,495
5,379
-
10,637
679
22,190
Amounts falling due within one year
Accrued income and prepayments
22,349
18,607
Other debtors
22,500
22,500
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,181
4,777
Taxes and social security
23,011
3,126
Other creditors
17,332
15,000
Loans from directors
3,985
52,728
8
Creditors: amounts falling due after more than one year
2024
2023
Non-equity preference shares
70,000
70,000
9
Average number of employees
During the year the average number of employees was 23 (2023: 21).