| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 30 April 2024 |
| for |
| Orchard County Contracts Ltd |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 30 April 2024 |
| for |
| Orchard County Contracts Ltd |
| Orchard County Contracts Ltd (Registered number: NI602765) |
| Contents of the Financial Statements |
| for the Year Ended 30 April 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Orchard County Contracts Ltd |
| Company Information |
| for the Year Ended 30 April 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 3B Lockheed Court |
| Preston Farm |
| Stockton on Tees |
| TS18 3SH |
| Orchard County Contracts Ltd (Registered number: NI602765) |
| Balance Sheet |
| 30 April 2024 |
| 30/4/24 | 30/4/23 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| 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 County Contracts Ltd (Registered number: NI602765) |
| Balance Sheet - continued |
| 30 April 2024 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Orchard County Contracts Ltd (Registered number: NI602765) |
| Notes to the Financial Statements |
| for the Year Ended 30 April 2024 |
| 1. | STATUTORY INFORMATION |
| Orchard County Contracts Ltd is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Stocks |
| Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account. |
| Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences. |
| Current and deferred 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. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| Going concern |
| These accounts have been prepared on the going concern basis, on the understanding that the directors will continue to financially support the company. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Orchard County Contracts Ltd (Registered number: NI602765) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2024 |
| 4. | INTANGIBLE FIXED ASSETS |
| Other |
| intangible |
| assets |
| £ |
| COST |
| At 1 May 2023 |
| and 30 April 2024 |
| NET BOOK VALUE |
| At 30 April 2024 |
| At 30 April 2023 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 May 2023 |
| and 30 April 2024 |
| DEPRECIATION |
| At 1 May 2023 |
| Charge for year |
| At 30 April 2024 |
| NET BOOK VALUE |
| At 30 April 2024 |
| At 30 April 2023 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30/4/24 | 30/4/23 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30/4/24 | 30/4/23 |
| £ | £ |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| Orchard County Contracts Ltd (Registered number: NI602765) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2024 |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 30/4/24 | 30/4/23 |
| £ | £ |
| Hire purchase contracts |
| Other creditors |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 30/4/24 | 30/4/23 |
| £ | £ |
| Loan Facility | 1,346,032 | 600,000 |
| Ortus Secured Finance I Limited holds a fixed charge and contains a negative pledge over the site at 31 Ballygawley Road, Dungannon, and compromised in land registry folio TY106305 and land registry draft folio TY118113. |
| Floating charge covers all the property or undertaking of the company. |