Company Registration No. 7128554 (England and Wales)
ORANGE HOUSE CONSTRUCTION LIMITED
Unaudited accounts
for the year ended 31 March 2019
ORANGE HOUSE CONSTRUCTION LIMITED
Unaudited accounts
Contents
ORANGE HOUSE CONSTRUCTION LIMITED
Company Information
for the year ended 31 March 2019
Company Number
7128554 (England and Wales)
Registered Office
19 Church Road
Leckhampton
Cheltenham
GL53 0PS
Accountants
HJ & Associates
Glenwood House
Fairmount Road
Cheltenham
Glos
GL51 7AQ
ORANGE HOUSE CONSTRUCTION LIMITED
Statement of financial position
as at 31 March 2019
Tangible assets
9,083
19,231
Cash at bank and in hand
51,427
61,382
Creditors: amounts falling due within one year
(76,472)
(80,431)
Net current assets
12,096
4,651
Total assets less current liabilities
21,179
23,882
Creditors: amounts falling due after more than one year
(10,402)
(15,383)
Called up share capital
2
2
Profit and loss account
10,775
8,497
Shareholders' funds
10,777
8,499
For the year ending 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 12 December 2019.
D Jones
Director
Company Registration No. 7128554
ORANGE HOUSE CONSTRUCTION LIMITED
Notes to the Accounts
for the year ended 31 March 2019
ORANGE HOUSE CONSTRUCTION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 7128554. The registered office is 19 Church Road, Leckhampton, Cheltenham, GL53 0PS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight line
Motor vehicles
20% Straight line
Fixtures & fittings
25% Straight line
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
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 includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Leased and hire purchase assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
ORANGE HOUSE CONSTRUCTION LIMITED
Notes to the Accounts
for the year ended 31 March 2019
4
Intangible fixed assets
Total
5
Tangible fixed assets
Total
Charge for the year
11,831
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
7
Average number of employees
During the year the average number of employees was 0 (2018: 0).
