Accounts Submission
Accounts Submission
ORCHARD CLADDING SPECIALISTS LIMITED
Company Registration Number:
07895999
(England and Wales)
Unaudited statutory accounts for the year ended 31 May 2017
Period of accounts
Start date: 01 June 2016
End date: 31 May 2017
ORCHARD CLADDING SPECIALISTS LIMITED
Contents of the Financial Statements
for the Period Ended 31 May 2017
| Company Information - 3 | |
| Report of the Directors - 4 | |
| Balance sheet - 5 | |
| Additional notes - 7 | |
| Balance sheet notes - 8 |
ORCHARD CLADDING SPECIALISTS LIMITED
Company Information
for the Period Ended 31 May 2017
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| Registered office: |
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| Company Registration Number: |
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ORCHARD CLADDING SPECIALISTS LIMITED
Directors' Report Period Ended 31 May 2017
The directors present their report with the financial statements of the company for the period ended 31 May 2017
Principal Activities
Additional information
The company has experienced another successful year resulting in a marked increase in turnover and profitability. This growth has been a result of the continued dedication from key members of staff who continue to drive the company forward by maintaining and developing its customer base. The level of growth is expected to continue for the next twelve to eighteen months. As with previous growth this is considered to be organic and will not place any significant burden upon the company’s working capital requirements.
Directors
The directors shown below have held office during the whole of the period from 01 June 2016 to 31 May 2017
This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
ORCHARD CLADDING SPECIALISTS LIMITED
Balance sheet
As at
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2017 £ |
2016 £ |
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| Fixed assets | |||
| Tangible assets: | 2 |
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| Total fixed assets: |
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| Current assets | |||
| Debtors: | 3 |
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| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 4 |
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Total net assets (liabilities): |
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The notes form part of these financial statements
ORCHARD CLADDING SPECIALISTS LIMITED
Balance sheet continued
As at 31 May 2017
Notes |
2017 £ |
2016 £ |
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| Capital and reserves | |||
| Called up share capital: |
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| Profit and loss account: |
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| Shareholders funds: |
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This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
The notes form part of these financial statements
ORCHARD CLADDING SPECIALISTS LIMITED
Notes to the Financial Statements
for the Period Ended 31 May 2017
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1. Accounting policies
Basis of measurement and preparation
These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102 Turnover policy
Turnover represents total invoiced sales net of Value Added Tax.
ORCHARD CLADDING SPECIALISTS LIMITED
Notes to the Financial Statements
for the Period Ended 31 May 2017
2. Tangible assets
| Plant & machinery | Total | |
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| Cost | £ | £ |
| At 01 June 2016 |
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| Additions |
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| Disposals |
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| Revaluations | - | - |
| Transfers | - | - |
| At 31 May 2017 |
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| Depreciation | ||
| At 01 June 2016 |
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| Charge for year |
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| On disposals |
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| Other adjustments | - | - |
| At 31 May 2017 |
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| Net book value | ||
| At 31 May 2017 |
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| At 31 May 2016 |
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- 25% Reducing balance
- 33% Straight Line
ORCHARD CLADDING SPECIALISTS LIMITED
Notes to the Financial Statements
for the Period Ended 31 May 2017
3. Debtors
2017 £ |
2016 £ |
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| Trade debtors |
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| Other debtors |
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| Total |
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ORCHARD CLADDING SPECIALISTS LIMITED
Notes to the Financial Statements
for the Period Ended 31 May 2017
4.Creditors: amounts falling due within one year note
2017 £ |
2016 £ |
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| Trade creditors |
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| Taxation and social security |
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| Accruals and deferred income |
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| Other creditors |
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| Total |
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ORCHARD CLADDING SPECIALISTS LIMITED
Notes to the Financial Statements
for the Period Ended 31 May 2017
5.1. Loans to Directors
| Name of director receiving advance or credit: |
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| Description of the transaction: | |
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| Advances or credits made: |
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| Balance at 31 May 2017 |
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ORCHARD CLADDING SPECIALISTS LIMITED
Notes to the Financial Statements
for the Period Ended 31 May 2017
6.1.Related party disclosures
| Name of related party: |
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| Description of relationship: | |
| The following companies were under common control throughout the period. | |
| Description of the transaction: | |
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Additional sales of £408,333 were made to Orchard Interior Project Management Limited.
Rental charges of £36,746 were paid to Orchard Construct Limited.