ACCOUNTS - Final Accounts preparation

Company Registration Number 11870676

	THE ORCHARDS (BURGH BY SANDS) LTD

	FINANCIAL STATEMENTS

	31 MARCH 2025

THE ORCHARDS (BURGH BY SANDS) LTD

REGISTERED NUMBER: 11870676

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£


Current assets
Debtors: amounts falling due after more than one year	4	3,000		-
Debtors: amounts falling due within one year	4	111,802		94,460
Cash at bank and in hand		434		4,794
		115,236		99,254
Creditors: amounts falling due within one year	5	(145,172)		(94,030)
Net current (liabilities)/assets			(29,936)		5,224
Total assets less current liabilities			(29,936)		5,224

Net (liabilities)/assets			(29,936)		5,224

Capital and reserves
Called up share capital	7	100	100
Profit and loss account		(30,036)	5,124
		(29,936)	5,224

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

N J Gordon

Director

Date: 8 December 2025

The notes on pages 2 to 5 form part of these financial statements.

Page 1

THE ORCHARDS (BURGH BY SANDS) LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

The Orchards (Burgh by Sands) Limited's principal activity is that of a housing developer. The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Agricola House 5 Cowper Road, Gilwilly Industrial Estate, Penrith, Cumbria, CA11 9BN.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise
specified within these accounting policies and in accordance with Financial Reporting Standard 102,
the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the
Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain
critical accounting estimates. It also requires management to exercise judgment in applying the
Company's accounting policies.

2.2

Going concern

Management and the Directors have considered a period of at least twelve months from the date of
sign off when making their assessment with regards to going concern. After consideration of all
factors, including review of forecasted future profitability, headroom in funding facilities and wider
economic conditions, the Directors have continued to adopt the going concern basis in preparing the
financial statements.

2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income 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 income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 2

THE ORCHARDS (BURGH BY SANDS) LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.8

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.

Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The Company has no employees other than the directors, who did not receive any remuneration (2024 - £NIL).

Page 3

THE ORCHARDS (BURGH BY SANDS) LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.	Debtors
		2025	2024
		£	£

Due after more than one year
Other debtors	3,000	-
	3,000	-


					2025	2024
					£	£

Due within one year
Amounts owed by connected companies	91,053	91,053
Amounts owed by participating interests	19,785	-
Other debtors	-	3,307
Called up share capital not paid	100	100
Deferred taxation	864	-
	111,802	94,460

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Amounts owed to participating interests	144,262	93,120
Amounts owed to connected companies	910	910
	145,172	94,030

6.	Deferred taxation

		2025
		£

	Utilised in year	864
	At end of year	864

Page 4

THE ORCHARDS (BURGH BY SANDS) LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

6.Deferred taxation (continued)

The deferred tax asset is made up as follows:
	2025	2024
	£	£

	Timing differences	864	-
		864	-

7.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

100 (2024 - 100) Ordinary shares of £1.00 each	100	100

8.	Controlling party

The company is jointly controlled by Genesis Homes Group Limited and Housing Growth Partnership.

9.	Auditors' information

The auditors' report on the financial statements for the year ended 31 March 2025 was unqualified.

The audit report was signed on 9 December 2025 by Simon Turner (Senior statutory auditor) on behalf of Armstrong Watson Audit Limited.

Page 5