REGISTERED NUMBER: 03682610 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

Orchid Designs Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G M Robinson

REGISTERED OFFICE:

Ground Floor, Woodland House

Woodland Park

Bradford Road

Cleckheaton

West Yorkshire

BD19 6BW

REGISTERED NUMBER:

03682610 (England and Wales)

ACCOUNTANTS:

KJA Kilner Johnson Ltd

Woodland House

Woodland Park

Bradford Road

Cleckheaton

BD19 6BW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

371,818

382,393

371,818

382,393

CURRENT ASSETS

Stocks

32,877

37,478

Debtors

6

24,181

17,414

Cash at bank

14,184

13,145

71,242

68,037

CREDITORS

Amounts falling due within one year

7

178,273

84,709

NET CURRENT LIABILITIES

(107,031

)

(16,672

)

TOTAL ASSETS LESS CURRENT LIABILITIES

264,787

365,721

CREDITORS

Amounts falling due after more than one year

8

59,661

86,334

NET ASSETS

205,126

279,387

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

204,126

278,387

SHAREHOLDERS' FUNDS

205,126

279,387

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 October 2026 and were signed by:

G M Robinson - Director

1.	STATUTORY INFORMATION

Orchid Designs Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The principal accounting policies adopted in the preparation of the accounts are set out below, have remained unchanged from the previous year and also have been consistently applied within the same accounts. The effects of events relating to the year before the date of approval of the accounts by the board of directors have been included in the accounts to the extent required to show a true and fair view of the state of affairs at the year end and of the results for the year.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill , being the amount paid in connection with the acquisition of the business in 1999 , is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease , over the lease term, whichever is the shorter.

Fixtures and fittings - 15% on reducing balance

Motor Vehicles - 25% on reducing balance

Computer equipment - 25% on reducing balance

Freehold Property - 2% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2025 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2025

175,000

Disposals

(175,000

)

At 28 February 2026

-

AMORTISATION

At 1 March 2025

175,000

Eliminated on disposal

(175,000

)

At 28 February 2026

-

NET BOOK VALUE

At 28 February 2026

-

At 28 February 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 March 2025

373,804

34,588

23,995

3,961

436,348

Additions

-

-

-

875

875

At 28 February 2026

373,804

34,588

23,995

4,836

437,223

DEPRECIATION

At 1 March 2025

7,476

33,082

10,497

2,900

53,955

Charge for year

7,476

226

3,374

374

11,450

At 28 February 2026

14,952

33,308

13,871

3,274

65,405

NET BOOK VALUE

At 28 February 2026

358,852

1,280

10,124

1,562

371,818

At 28 February 2025

366,328

1,506

13,498

1,061

382,393

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 March 2025

and 28 February 2026

23,995

DEPRECIATION

At 1 March 2025

10,498

Charge for year

3,374

At 28 February 2026

13,872

NET BOOK VALUE

At 28 February 2026

10,123

At 28 February 2025

13,497

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

21,535

17,302

Other debtors

2,534

-

Prepayments

112

112

24,181

17,414

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

53,103

35,086

Hire purchase contracts (see note 9)

5,849

4,829

Trade creditors

41,060

5,761

Social security and other taxes

-

2,619

VAT

13,204

5,529

Other creditors

60,196

26,586

Directors' loan accounts

152

122

Accrued expenses

4,709

4,177

178,273

84,709

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

24,759

28,335

Bank loans - 2-5 years

24,759

24,759

Bank loans more 5 yr by instal

5,676

22,925

Hire purchase contracts (see note 9)

4,467

10,315

59,661

86,334

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

5,676

22,925

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2026

2025

£

£

Gross obligations repayable:

Within one year

7,082

3,043

Between one and five years

4,722

8,827

11,804

11,870

Finance charges repayable:

Within one year

1,233

(1,786

)

Between one and five years

255

(1,488

)

1,488

(3,274

)

Net obligations repayable:

Within one year

5,849

4,829

Between one and five years

4,467

10,315

10,316

15,144

10.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank overdraft

25,011

-

Bank loans

83,286

111,105

Hire purchase contracts

10,316

15,144

118,613

126,249

The bank loan and overdraft are secured by a fixed and floating charge over the assets of the company.

Obligations under hire purchase contracts are secured on the asset concerned.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G M Robinson.