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REGISTERED NUMBER: NI602765 (Northern Ireland)















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: Mr D Hughes
Mr P G Hughes
Mrs M Hughes
Mr M Hughes





REGISTERED OFFICE: 17 Mullanary Road
Dungannon
Tyrone
BT71 7LS





REGISTERED NUMBER: NI602765 (Northern Ireland)





ACCOUNTANTS: JBC Accountants Limited
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 2,737 2,737
Tangible assets 5 164,727 206,256
167,464 208,993

CURRENT ASSETS
Stocks 3,783,912 2,370,642
Debtors 6 463,626 401,181
Cash at bank 6,610 11,356
4,254,148 2,783,179
CREDITORS
Amounts falling due within one year 7 2,235,901 1,980,332
NET CURRENT ASSETS 2,018,247 802,847
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,185,711

1,011,840

CREDITORS
Amounts falling due after more than one
year

8

(1,896,668

)

(684,025

)

PROVISIONS FOR LIABILITIES (22,558 ) (29,890 )
NET ASSETS 266,485 297,925

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 266,385 297,825
SHAREHOLDERS' FUNDS 266,485 297,925

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Orchard County Contracts Ltd (Registered number: NI602765)

Balance Sheet - continued
30 April 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 July 2025 and were signed on its behalf by:





Mr P G Hughes - Director


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 private company, limited by shares , registered in Northern Ireland. 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.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

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 1 (2023 - 2 ) .

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 2,737
NET BOOK VALUE
At 30 April 2024 2,737
At 30 April 2023 2,737

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 May 2023
and 30 April 2024 812,526
DEPRECIATION
At 1 May 2023 606,270
Charge for year 41,529
At 30 April 2024 647,799
NET BOOK VALUE
At 30 April 2024 164,727
At 30 April 2023 206,256

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£ £
Trade debtors 158,184 133,931
Other debtors 305,442 267,250
463,626 401,181

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£ £
Hire purchase contracts 34,493 22,028
Trade creditors 189,326 166,095
Taxation and social security 14,748 21,372
Other creditors 1,997,334 1,770,837
2,235,901 1,980,332

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 63,059 43,552
Other creditors 1,833,609 640,473
1,896,668 684,025

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.