Orangeade Limited - Limited company - abbreviated - 11.9

Orangeade Limited - Limited company - abbreviated - 11.9


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REGISTERED NUMBER: 03847577 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 1 March 2015

for

Orangeade Limited

Orangeade Limited (Registered number: 03847577)






Contents of the Abbreviated Accounts
for the Year Ended 1 March 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Orangeade Limited

Company Information
for the Year Ended 1 March 2015







DIRECTORS: M M Gamble
Ms L Taylor





SECRETARY: Ms L Taylor





REGISTERED OFFICE: 64 Tymecrosse Gardens
Market Harborough
Leicestershire
LE16 7US





REGISTERED NUMBER: 03847577 (England and Wales)





ACCOUNTANTS: torr waterfield
Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW

Orangeade Limited (Registered number: 03847577)

Abbreviated Balance Sheet
1 March 2015

1.3.15 1.3.14
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 28,953 17,935

CURRENT ASSETS
Stocks 20,803 13,444
Debtors 58,713 29,063
Cash at bank 39,398 13,324
118,914 55,831
CREDITORS
Amounts falling due within one year 3 97,649 42,837
NET CURRENT ASSETS 21,265 12,994
TOTAL ASSETS LESS CURRENT
LIABILITIES

50,218

30,929

CREDITORS
Amounts falling due after more than one year 3 (11,255 ) -

PROVISIONS FOR LIABILITIES (3,986 ) (1,171 )
NET ASSETS 34,977 29,758

CAPITAL AND RESERVES
Called up share capital 4 5,295 5,295
Profit and loss account 29,682 24,463
SHAREHOLDERS' FUNDS 34,977 29,758

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 1 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 1 March 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.

Orangeade Limited (Registered number: 03847577)

Abbreviated Balance Sheet - continued
1 March 2015


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 27 November 2015 and were signed on its behalf by:





Ms L Taylor - Director


Orangeade Limited (Registered number: 03847577)

Notes to the Abbreviated Accounts
for the Year Ended 1 March 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).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets
Depreciation is provided at 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.

Plant and machinery - 25% on cost and 20% on cost
Motor vehicles - 25% on reducing balance

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

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
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 the profit and loss account over the relevant period. The capital
element of the future payments is treated as a liability.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 2 March 2014 111,250
Additions 21,704
At 1 March 2015 132,954
DEPRECIATION
At 2 March 2014 93,315
Charge for year 10,686
At 1 March 2015 104,001
NET BOOK VALUE
At 1 March 2015 28,953
At 1 March 2014 17,935

3. CREDITORS

Creditors include an amount of £ 14,441 for which security has been given.

Orangeade Limited (Registered number: 03847577)

Notes to the Abbreviated Accounts - continued
for the Year Ended 1 March 2015

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 1.3.15 1.3.14
value: £    £   
2,695 Ordinary 'A' £1 2,695 2,695
2,600 Ordinary 'B' £1 2,600 2,600
5,295 5,295