Abbreviated Company Accounts - ORLAND LIMITED

02516167 ORLAND LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 02516167 2014-04-01 2015-03-31 02516167 2015-03-31 02516167 2014-03-31 02516167 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 02516167 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 02516167

ORLAND LIMITED

Abbreviated Accounts

31 March 2015

ORLAND LIMITED Registered Number 02516167

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	5,129,766	5,048,669
		5,129,766	5,048,669
Current assets
Debtors		652,817	511,169
Cash at bank and in hand		568,489	693,563
		1,221,306	1,204,732
Creditors: amounts falling due within one year		(125,685)	(159,717)
Net current assets (liabilities)		1,095,621	1,045,015
Total assets less current liabilities		6,225,387	6,093,684
Creditors: amounts falling due after more than one year		(1,054,486)	(1,097,119)
Total net assets (liabilities)		5,170,901	4,996,565
Capital and reserves
Called up share capital	3	1,000	1,000
Revaluation reserve		1,686,019	1,686,019
Profit and loss account		3,483,882	3,309,546
Shareholders' funds		5,170,901	4,996,565

For the year ending 31 March 2015 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 4 December 2015

And signed on their behalf by:
H Zakai, Director

ORLAND LIMITED Registered Number 02516167

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold
Land and buildings Leasehold
Plant and machinery
Computer equipment 25% Reducing balance
Fixtures, fittings & equipment 15% Reducing balance
Motor vehicles
Other assets

The part of the annual depreciation charge on revalued assets which relates to the revaluation surplus is transferred from the revaluation reserve to the profit and loss account.

2Tangible fixed assets

	£
Cost
At 1 April 2014	5,196,875
Additions	83,642
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	5,280,517
Depreciation
At 1 April 2014	148,206
Charge for the year	2,545
On disposals	-
At 31 March 2015	150,751
Net book values
At 31 March 2015	5,129,766
At 31 March 2014	5,048,669

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1,000 Ordinary shares of £1 each	1,000	1,000