Company No: 10986715 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	4	4,484		5,606
		4,484		5,606
Current assets
Debtors	5	239		50
Cash at bank and in hand		8,540		6,122
		8,779		6,172
Creditors: amounts falling due within one year	6	( 38,756)		( 39,149)
Net current liabilities		(29,977)		(32,977)
Total assets less current liabilities		(25,493)		(27,371)
Net liabilities		( 25,493)		( 27,371)
Capital and reserves
Called-up share capital	7	2		2
Profit and loss account		( 25,495 )		( 27,373 )
Total shareholders' deficit		( 25,493)		( 27,371)

For the financial year ending 30 September 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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Orchard Farm (Cotswolds) Limited (registered number: 10986715) were approved and authorised for issue by the Board of Directors on 29 September 2025. They were signed on its behalf by:

Mr A Henson Director

1. Accounting policies

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.

General information and basis of accounting

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

The address of its registered office is:
Hitchcock House
Hilltop Park
Devizes Road
Salisbury
SP3 4UF

The principal place of business is:
Bemborough Farm
Kineton
Guiting Power
Cheltenham
Gloucestershire
GL54 5UG

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis even though the company has net liabilities. The directors have agreed to continue to support the company for at least the next twelve months since signing the balance sheet date.

Turnover

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, returns, rebates and discounts and after eliminating sales within the company.

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 for each of the company's activities.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Entitlements

3 years straight line

Tangible fixed assets

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

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

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Plant and machinery	20 % reducing balance
Fixtures and fittings	20 % reducing balance

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2024		2023
	Number		Number
Average number of persons employed by the Company during the year (including directors)	2		2

3. Intangible assets

	Entitlements		Total
	£		£
Cost
At 01 October 2023	1,800		1,800
Disposals	( 1,800)		( 1,800)
At 30 September 2024	0		0
Accumulated amortisation
At 01 October 2023	1,800		1,800
Disposals	( 1,800)		( 1,800)
At 30 September 2024	0		0
Net book value
At 30 September 2024	0		0
At 30 September 2023	0		0

4. Tangible assets

	Plant and machinery		Fixtures and fittings		Total
	£		£		£
Cost
At 01 October 2023	6,000		4,327		10,327
At 30 September 2024	6,000		4,327		10,327
Accumulated depreciation
At 01 October 2023	1,812		2,909		4,721
Charge for the financial year	838		284		1,122
At 30 September 2024	2,650		3,193		5,843
Net book value
At 30 September 2024	3,350		1,134		4,484
At 30 September 2023	4,188		1,418		5,606

5. Debtors

	2024		2023
	£		£
VAT recoverable	239		50

6. Creditors: amounts falling due within one year

	2024		2023
	£		£
Amounts owed to directors	37,507		37,507
Accruals	1,249		1,642
	38,756		39,149

7. Called-up share capital

	2024		2023
	£		£
Allotted, called-up and fully-paid
1 A ordinary share of £ 1.00	1		1
1 B ordinary share of £ 1.00	1		1
	2		2