Orchid Properties Limited - Limited company - abbreviated - 11.9

Orchid Properties Limited - Limited company - abbreviated - 11.9

ORCHID PROPERTIES LIMITED - Company Information

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04164652 1.3.14 28.2.15 28.2.15 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure041646522014-02-28041646522015-02-28041646522014-03-012015-02-28041646522013-02-28041646522013-03-012014-02-28041646522014-02-2804164652ns12:England2014-03-012015-02-2804164652ns14:PoundSterling2014-03-012015-02-2804164652ns7:Director12014-03-012015-02-2804164652ns7:OrdinaryShareClass12014-03-012015-02-2804164652ns7:Director22014-03-012015-02-2804164652ns7:CompanySecretary2014-03-012015-02-2804164652ns7:RegisteredOffice2014-03-012015-02-2804164652ns7:EntityAccountantsOrAuditors2014-03-012015-02-2804164652ns7:OrdinaryShareClass12015-02-2804164652ns7:OrdinaryShareClass12014-02-28
REGISTERED NUMBER: 04164652 (England and Wales)







ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2015

FOR

ORCHID PROPERTIES LIMITED

ORCHID PROPERTIES LIMITED (REGISTERED NUMBER: 04164652)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2015










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

ORCHID PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2015







DIRECTORS: C J Chastney
Ms N Samra





SECRETARY: Ms N Samra





REGISTERED OFFICE: Richmond House
14D Park Terrace
The Park
Nottingham
Nottinghamshire
NG1 5DN





REGISTERED NUMBER: 04164652 (England and Wales)





ACCOUNTANTS: Smith Cooper Limited
Chartered Accountants
St Helen's House
King Street
Derby
DE1 3EE
Page 1
ORCHID PROPERTIES LIMITED (REGISTERED NUMBER: 04164652)

ABBREVIATED BALANCE SHEET
28 FEBRUARY 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Investments 2 258,329 258,329

CURRENT ASSETS
Stocks 1,071,121 1,487,396
Debtors 16,000 8,392
Cash at bank 912,780 29,687
1,999,901 1,525,475
CREDITORS
Amounts falling due within one year 3 716,301 1,794,940
NET CURRENT ASSETS/(LIABILITIES) 1,283,600 (269,465 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,541,929
(11,136		 )

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 1,541,829 (11,236 )
SHAREHOLDERS' FUNDS 1,541,929 (11,136 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 30 November 2015 and were signed on
its behalf by:



C J Chastney - Director


The notes form part of these abbreviated accounts

Page 2
ORCHID PROPERTIES LIMITED (REGISTERED NUMBER: 04164652)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2015


1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance
with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Exemption from preparing a cash flow statement
The financial statements do not include a Cash flow statement because the company, as a small
reporting entity is exempt from the requirement to prepare such a statement under the Financial
Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced amounts in respect of property sales, excluding value added tax.

Profits on sale of properties are taken into account on completion of contract and receipt of cash.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis
over the period of the lease.

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 the profit and loss account in the period to which they
relate.

2. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2015 2014
£    £   
Other fixed asset investments 258,329 258,329

3. CREDITORS

Creditors include an amount of £ 0 (2014 - £ 1,333,349 ) for which security has been given.

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary £1 100 100

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