Orange Court Limited - Limited company - abbreviated - 11.6

Orange Court Limited - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 03046201 (England and Wales)






ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

ORANGE COURT LIMITED

ORANGE COURT LIMITED (REGISTERED NUMBER: 03046201)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Chartered Accountants' Report 4

ORANGE COURT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2014







DIRECTORS: Mrs C D Mellor
D J Mellor





SECRETARY: Mrs C D Mellor





REGISTERED OFFICE: 10 Little Park Farm Road
Segensworth West
Fareham
Hampshire
PO15 5TD





BUSINESS ADDRESS: 57 Cranbourne Drive
Otterbourne
Winchester
Hampshire
SO21 2ES





REGISTERED NUMBER: 03046201 (England and Wales)





ACCOUNTANTS: Rothman Pantall LLP
Chartered Accountants
10 Little Park Farm Road
Segensworth West
Fareham
Hampshire
PO15 5TD

ORANGE COURT LIMITED (REGISTERED NUMBER: 03046201)

ABBREVIATED BALANCE SHEET
31 MARCH 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 83,830 98,655

CURRENT ASSETS
Stocks 768,343 665,496
Debtors 26,221 47,158
Cash at bank and in hand 19,787 16,129
814,351 728,783
CREDITORS
Amounts falling due within one year 251,698 212,327
NET CURRENT ASSETS 562,653 516,456
TOTAL ASSETS LESS CURRENT
LIABILITIES

646,483

615,111

PROVISIONS FOR LIABILITIES 16,766 19,123
NET ASSETS 629,717 595,988

CAPITAL AND RESERVES
Called up share capital 3 4 4
Profit and loss account 629,713 595,984
SHAREHOLDERS' FUNDS 629,717 595,988

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 18 December 2014 and were signed on its behalf
by:





Mrs C D Mellor - Director


ORANGE COURT LIMITED (REGISTERED NUMBER: 03046201)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014

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.

Plant and machinery etc - 33% on reducing balance and 15% 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
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2013
and 31 March 2014 172,882
DEPRECIATION
At 1 April 2013 74,227
Charge for year 14,825
At 31 March 2014 89,052
NET BOOK VALUE
At 31 March 2014 83,830
At 31 March 2013 98,655

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
4 Ordinary £1 4 4

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ORANGE COURT LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)
have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Orange Court Limited for the year ended 31 March 2014 which comprise the Profit and Loss
Account, the Balance Sheet and the related notes from the company's accounting records and from information and
explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to
its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Orange Court Limited, as a body, in accordance with the terms of
our engagement letter dated 25 October 2013. Our work has been undertaken solely to prepare for your approval the
financial statements of Orange Court Limited and state those matters that we have agreed to state to the Board of
Directors of Orange Court Limited, as a body, in this report in accordance with AAF 2/10 as detailed at
icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other
than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Orange Court Limited has kept adequate accounting records and to prepare statutory
financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Orange Court
Limited. You consider that Orange Court Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Orange Court Limited. For
this reason, we have not verified the accuracy or completeness of the accounting records or information and
explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Rothman Pantall LLP
Chartered Accountants
10 Little Park Farm Road
Segensworth West
Fareham
Hampshire
PO15 5TD


19 December 2014