Accounts filed on 31-05-2016

Accounts filed on 31-05-2016

ORCHARD CLADDING SPECIALISTS LIMITED - Company Information

Print Friendly Version

ORCHARD CLADDING SPECIALISTS LIMITED

Company Registration Number:
07895999 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 June 2015

End date: 31 May 2016

ORCHARD CLADDING SPECIALISTS LIMITED

Abbreviated Balance sheet

As at 31 May 2016


Notes
2016
£
2015
£
Fixed assets
Tangible assets: 2 1,587 3,261
Total fixed assets: 1,587 3,261
Current assets
Debtors: 57,786 36,762
Cash at bank and in hand: 26,019 11,593
Total current assets: 83,805 48,355
Creditors: amounts falling due within one year: ( 79,113 ) ( 48,158 )
Net current assets (liabilities): 4,692 197
Total assets less current liabilities: 6,279 3,458
Total net assets (liabilities): 6,279 3,458

The notes form part of these financial statements

ORCHARD CLADDING SPECIALISTS LIMITED

Balance sheet continued

As at 31 May 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 3 100 100
Profit and loss account: 6,179 3,358
Shareholders funds: 6,279 3,458

For the year ending 31 May 2016 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 and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

The financial statements were approved by the Board of Directors on 27 February 2017

SIGNED ON BEHALF OF THE BOARD BY:

Name: Raymond Manser
Status: Director

The notes form part of these financial statements

ORCHARD CLADDING SPECIALISTS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 May 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

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

    Turnover policy

    Turnover represents total invoiced sales, net of value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates so as to write off the cost of the asset over its useful economic life:

    Motor Vehicles - 25% reducing balance
    Computer Equipment - 33% straight line

ORCHARD CLADDING SPECIALISTS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 May 2016

  • 2. Tangible assets

    Total
    Cost £
    01 June 2015: 4,419
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 May 2016: 4,419
    Depreciation
    01 June 2015: 1,158
    Charge for year: 1,674
    On disposals: 0
    Other adjustments: 0
    31 May 2016: 2,832
    Net book value
    31 May 2016: 1,587
    31 May 2015: 3,261

ORCHARD CLADDING SPECIALISTS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 May 2016

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 100 1.00 100
    Preference shares: 0
    Total share capital (£): 100
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 100 1.00 100
    Preference shares: 0
    Total share capital (£): 100

ORCHARD CLADDING SPECIALISTS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 May 2016

  • 4. Related party disclosures

    Additional information

    During the year sales of £36,738 were made to Orchard Build Limited, a company controlled by S C Fordham. Purchases of £17,596 were made from Orchard Build Limited.

    Sales of £41,454 were made to Orchard Interior Project Management Limited whilst purchases of £175 were made from this company during the period.

    Further sales of £179,346 were made to Orchard Design and Build Limited whilst purchases of £7,200 were made from Orchard Construct Limited

    All of the above companies were under the control of S C Fordham throughout the period.

ORCHARD CLADDING SPECIALISTS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 May 2016

  • 5. Transactions with directors

    As at the balance sheet date the company owed R manser £7,694 (2015 - £2,306 owed to the company).