1 17 September 2025 false false false false false false false false false false true false false false false false false No description of principal activity 2024-01-01 Sage Accounts Production Advanced 2024 - FRS102_2024 11,100 7,425 2,775 10,200 900 3,675 17,745 15,693 2,052 17,745 2,052 xbrli:pure xbrli:shares iso4217:GBP 09277614 2024-01-01 2024-12-31 09277614 2024-12-31 09277614 2023-12-31 09277614 2023-01-01 2023-12-31 09277614 2023-12-31 09277614 2022-12-31 09277614 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 09277614 bus:Director6 2024-01-01 2024-12-31 09277614 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 09277614 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-12-31 09277614 core:WithinOneYear 2024-12-31 09277614 core:WithinOneYear 2023-12-31 09277614 core:ShareCapital 2024-12-31 09277614 core:ShareCapital 2023-12-31 09277614 core:RetainedEarningsAccumulatedLosses 2024-12-31 09277614 core:RetainedEarningsAccumulatedLosses 2023-12-31 09277614 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 09277614 bus:Director1 2024-01-01 2024-12-31 09277614 bus:SmallEntities 2024-01-01 2024-12-31 09277614 bus:Audited 2024-01-01 2024-12-31 09277614 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09277614 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09277614 bus:FullAccounts 2024-01-01 2024-12-31 09277614 core:OfficeEquipment 2024-01-01 2024-12-31 09277614 core:OfficeEquipment 2024-12-31 09277614 core:OfficeEquipment 2023-12-31
COMPANY REGISTRATION NUMBER: 09277614

Orchard House Solutions Ltd

Filleted Financial Statements

31 December 2024

Orchard House Solutions Ltd

Financial Statements

Year ended 31 December 2024

Contents | Page

Statement of financial position | 1

Notes to the financial statements | 2

Orchard House Solutions Ltd

Statement of Financial Position

31 December 2024

| 2024 | 2023
Note | £ | £ | £ | £

Fixed assets

Intangible assets | 5 |  | 900 |  | 3,675
Tangible assets | 6 |  | – |  | 2,052
|  | ---- |  | -------
|  | 900 |  | 5,727

Current assets

Debtors | 7 | 29,157 |  | 49,607 |
Cash at bank and in hand | 114,275 |  | 47,927 |
| --------- |  | -------- |
| 143,432 |  | 97,534 |

Creditors: amounts falling due within one year | 8 | 734,572 |  | 876,521 |
| --------- |  | --------- |
Net current liabilities |  | 591,140 |  | 778,987
|  | --------- |  | ---------
Total assets less current liabilities |  | ( 590,240) |  | ( 773,260)

Provisions |  | 980 |  | 980
|  | --------- |  | ---------
Net liabilities |  | ( 591,220) |  | ( 774,240)
|  | --------- |  | ---------

Capital and reserves

Called up share capital |  | 616 |  | 616
Profit and loss account |  | ( 591,836) |  | ( 774,856)
|  | --------- |  | ---------
Shareholders deficit |  | ( 591,220) |  | ( 774,240)
|  | --------- |  | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements were approved by the board of directors and authorised for issue on 17 September 2025 , and are signed on behalf of the board by:

Mr A Whalen |
Director |

Company registration number: 09277614

Orchard House Solutions Ltd

Notes to the Financial Statements

Year ended 31 December 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Alex House, 260-268 Chapel Street, Salford, M3 5JZ, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

| Development costs | - | 25% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Research and development
Research expenditure is written off in the period in which it is incurred. Development expenditure incurred is capitalised as an intangible asset only when all of the following criteria are met: - It is technically feasible to complete the intangible asset so that it will be available for use or sale; - There is the intention to complete the intangible asset and use or sell it; - There is the ability to use or sell the intangible asset; - The use or sale of the intangible asset will generate probable future economic benefits; - There are adequate technical, financial and other resources available to complete the development and to use or sell the intangible asset; and - The expenditure attributable to the intangible asset during its development can be measured reliably. Expenditure that does not meet the above criteria is expensed as incurred.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Equipment | - | 33% straight line

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
5. Intangible assets

| Development costs
| £
Cost |
At 1 January 2024 and 31 December 2024 | 11,100
| --------
Amortisation |
At 1 January 2024 | 7,425
Charge for the year | 2,775
| --------
At 31 December 2024 | 10,200
| --------
Carrying amount |
At 31 December 2024 | 900
| --------
At 31 December 2023 | 3,675
| --------

6. Tangible assets

| Equipment
| £
Cost |
At 1 January 2024 and 31 December 2024 | 17,745
| --------
Depreciation |
At 1 January 2024 | 15,693
Charge for the year | 2,052
| --------
At 31 December 2024 | 17,745
| --------
Carrying amount |
At 31 December 2024 | –
| --------
At 31 December 2023 | 2,052
| --------

7. Debtors

| 2024 | 2023
| £ | £
Trade debtors | 20,404 | 9,264
Amounts owed by group undertakings and undertakings in which the company has a participating interest | 3 | 3
Other debtors | 8,750 | 40,340
| -------- | --------
| 29,157 | 49,607
| -------- | --------

8. Creditors: amounts falling due within one year

| 2024 | 2023
| £ | £
Trade creditors | 425 | 14,030
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 675,767 | 853,931
Social security and other taxes | 1,770 | 4,085
Other creditors | 56,610 | 4,475
| --------- | ---------
| 734,572 | 876,521
| --------- | ---------

9. Summary audit opinion
The auditor's report dated 17 September 2025 was unqualified .
The senior statutory auditor was Fraser Wolff FCCA , for and on behalf of Edwards Veeder LLP .
10. Controlling party
Orchard House Solutions Ltd is a subsidiary of Vision33 Holdings Limited, a company incorporated in the United Kingdom. Vision33 Holdings Limited owns 100% of the share capital of Orchard House Solutions Ltd . The ultimate controlling party is Whalen Management Company Inc a company incorporated in Canada. The registered office is 210 Water Street, St John's, NL, A1C 1A9.