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REGISTERED NUMBER: 13111212 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

ORCHARD PROPERTIES HOLDINGS LIMITED

ORCHARD PROPERTIES HOLDINGS LIMITED (REGISTERED NUMBER: 13111212)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ORCHARD PROPERTIES HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: C A Wermerling
Ms K Roast





REGISTERED OFFICE: The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ





REGISTERED NUMBER: 13111212 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Hove) Limited
The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ

ORCHARD PROPERTIES HOLDINGS LIMITED (REGISTERED NUMBER: 13111212)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,678 5,395
Investment property 5 500,000 500,000
503,678 505,395

CURRENT ASSETS
Debtors 6 10,755 1,685
Cash at bank and in hand 34,267 29,998
45,022 31,683
CREDITORS
Amounts falling due within one year 7 421,336 430,284
NET CURRENT LIABILITIES (376,314 ) (398,601 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

127,364

106,794

PROVISIONS FOR LIABILITIES 19,234 19,234
NET ASSETS 108,130 87,560

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 8 81,999 81,999
Retained earnings 26,031 5,461
SHAREHOLDERS' FUNDS 108,130 87,560

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

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

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.

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 Board of Directors and authorised for issue on 31 October 2024 and were signed on its behalf by:



C A Wermerling - Director



Ms K Roast - Director


ORCHARD PROPERTIES HOLDINGS LIMITED (REGISTERED NUMBER: 13111212)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Orchard Properties Holdings 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.

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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

Turnover
Turnover represents the following types of income
- Rental income
- Income from the sale of properties

All income is recognised on a receivable basis.

3. EMPLOYEES AND DIRECTORS

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

ORCHARD PROPERTIES HOLDINGS LIMITED (REGISTERED NUMBER: 13111212)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 February 2023
and 31 January 2024 6,863
DEPRECIATION
At 1 February 2023 1,468
Charge for year 1,717
At 31 January 2024 3,185
NET BOOK VALUE
At 31 January 2024 3,678
At 31 January 2023 5,395

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023
and 31 January 2024 500,000
NET BOOK VALUE
At 31 January 2024 500,000
At 31 January 2023 500,000

Fair value at 31 January 2024 is represented by:
£   
Valuation in 2023 101,233
Cost 398,767
500,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,403 1,083
Other debtors 8,000 -
Prepayments 1,352 602
10,755 1,685

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,405 3,806
Amounts owed to associates 18,173 18,621
Tax 5,435 -
Other creditors 4,675 5,435
Directors' loan accounts 386,326 398,326
Deferred income 1,942 2,776
Accrued expenses 1,380 1,320
421,336 430,284

ORCHARD PROPERTIES HOLDINGS LIMITED (REGISTERED NUMBER: 13111212)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

8. RESERVES
Revaluation
reserve
£   
At 1 February 2023
and 31 January 2024 81,999

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, C Wermerling decreased his loan to the company. As at 31 January 2024, the company owed him £193,362 (2023: £198,963). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

During the year, Ms K Roast decreased her loan to the company. As at 31 January 2024, the company owed her £192,963 (2023: £199,363). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Ms K Roast.

This was by virtue of her 100% holding of the issued share capital.