Orchard Construction Yorkshire Limited 10168446 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is that of a building and construction company. Digita Accounts Production Advanced 6.30.9574.0 true 10168446 2023-09-01 2024-08-31 10168446 2024-08-31 10168446 bus:OrdinaryShareClass1 2024-08-31 10168446 core:RetainedEarningsAccumulatedLosses 2024-08-31 10168446 core:ShareCapital 2024-08-31 10168446 core:HirePurchaseContracts core:CurrentFinancialInstruments 2024-08-31 10168446 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2024-08-31 10168446 core:CurrentFinancialInstruments 2024-08-31 10168446 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 10168446 core:Non-currentFinancialInstruments core:AfterOneYear 2024-08-31 10168446 core:MotorVehicles 2024-08-31 10168446 core:PlantMachinery 2024-08-31 10168446 bus:SmallEntities 2023-09-01 2024-08-31 10168446 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 10168446 bus:FilletedAccounts 2023-09-01 2024-08-31 10168446 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 10168446 bus:RegisteredOffice 2023-09-01 2024-08-31 10168446 bus:Director1 2023-09-01 2024-08-31 10168446 bus:OrdinaryShareClass1 2023-09-01 2024-08-31 10168446 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 10168446 core:MotorVehicles 2023-09-01 2024-08-31 10168446 core:PlantMachinery 2023-09-01 2024-08-31 10168446 countries:England 2023-09-01 2024-08-31 10168446 2023-08-31 10168446 core:MotorVehicles 2023-08-31 10168446 core:PlantMachinery 2023-08-31 10168446 2022-09-01 2023-08-31 10168446 2023-08-31 10168446 bus:OrdinaryShareClass1 2023-08-31 10168446 core:RetainedEarningsAccumulatedLosses 2023-08-31 10168446 core:ShareCapital 2023-08-31 10168446 core:HirePurchaseContracts core:CurrentFinancialInstruments 2023-08-31 10168446 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2023-08-31 10168446 core:CurrentFinancialInstruments 2023-08-31 10168446 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 10168446 core:Non-currentFinancialInstruments core:AfterOneYear 2023-08-31 10168446 core:MotorVehicles 2023-08-31 10168446 core:PlantMachinery 2023-08-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 10168446

Orchard Construction Yorkshire Limited

Information for Filing with The Registrar

31 August 2024

 

Orchard Construction Yorkshire Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Accounts

3 to 7

 

Orchard Construction Yorkshire Limited

(Registration number: 10168446)

Balance Sheet

31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

5

184,657

142,898

Current assets

 

Stocks

6

639,856

1,927,300

Debtors

7

-

27,169

Cash at bank and in hand

 

1,200,269

34,656

 

1,840,125

1,989,125

Creditors: Amounts falling due within one year

8

(892,842)

(1,148,615)

Net current assets

 

947,283

840,510

Total assets less current liabilities

 

1,131,940

983,408

Creditors: Amounts falling due after more than one year

8

(42,853)

(27,388)

Provisions for liabilities

(46,200)

(35,700)

Net assets

 

1,042,887

920,320

Capital and reserves

 

Called up share capital

9

100

100

Retained earnings

1,042,787

920,220

Shareholders' funds

 

1,042,887

920,320

 

Orchard Construction Yorkshire Limited

(Registration number: 10168446)

Balance Sheet

31 August 2024

For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 7 February 2025 and signed on its behalf by:




M.M. Hurrell

Director

 

Orchard Construction Yorkshire Limited

Notes to the Unaudited Accounts

Year Ended 31 August 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
20 Kirkgate
Sherburn in Elmet
Leeds
North Yorkshire
LS25 6BL

These financial statements were authorised for issue by the Board on 7 February 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met.

Tax

The tax expense for the period comprises corporation and deferred tax.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition.

 

Orchard Construction Yorkshire Limited

Notes to the Unaudited Accounts

Year Ended 31 August 2024

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives as follows:

Asset class

Depreciation method and rate

Plant and machinery

10 years straight line basis

Motor vehicles

4 years straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

 

Orchard Construction Yorkshire Limited

Notes to the Unaudited Accounts

Year Ended 31 August 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company during the year, was 5 (2023 - 4).

4

Profit before tax

Arrived at after charging:

2024
£

2023
£

Depreciation

29,963

22,504

5

Tangible assets

Plant and machinery
£

Motor
vehicles
 £

Total
£

Cost

At 1 September 2023

207,756

21,795

229,551

Additions

82,800

-

82,800

Disposals

(25,565)

-

(25,565)

At 31 August 2024

264,991

21,795

286,786

Depreciation

At 1 September 2023

65,765

20,888

86,653

Charge for the year

29,056

907

29,963

Eliminated on disposal

(14,487)

-

(14,487)

At 31 August 2024

80,334

21,795

102,129

Carrying amount

At 31 August 2024

184,657

-

184,657

At 31 August 2023

141,991

907

142,898

 

Orchard Construction Yorkshire Limited

Notes to the Unaudited Accounts

Year Ended 31 August 2024

6

Stocks

2024
£

2023
£

Work in progress

639,856

1,927,300

7

Debtors

Current

2024
£

2023
£

Other debtors

-

27,169

 

-

27,169

8

Creditors

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

10

16,189

9,949

Trade creditors

 

8,634

32,235

Amounts owed to group undertakings and undertakings in which the company has a participating interest

134,837

209,837

Amounts due to related parties

690,943

872,066

Taxation and social security

 

37,447

21,339

Other creditors

 

4,792

3,189

 

892,842

1,148,615

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

10

42,853

27,388

9

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100

         
 

Orchard Construction Yorkshire Limited

Notes to the Unaudited Accounts

Year Ended 31 August 2024

10

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Hire purchase contracts

42,853

27,388

Current loans and borrowings

2024
£

2023
£

Hire purchase contracts

16,189

9,949