| ORCHARD ACCOUNTANTS UK LTD |
| Registered number: |
05307842 |
| Abbreviated Balance Sheet |
| as at 30 April 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
27,650 |
|
|
27,683 |
|
| Current assets |
| Stocks |
|
|
5,018 |
|
|
5,450 |
| Debtors |
|
|
87,962 |
|
|
71,819 |
| Cash at bank and in hand |
|
|
56,849 |
|
|
50,986 |
|
|
|
149,829 |
|
|
128,255 |
|
| Creditors: amounts falling due within one year |
|
|
(153,463) |
|
|
(147,000) |
|
| Net current liabilities |
|
|
|
(3,634) |
|
|
(18,745) |
|
| Net assets |
|
|
|
24,016 |
|
|
8,938 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
23,916 |
|
|
8,838 |
|
| Shareholders' funds |
|
|
|
24,016 |
|
|
8,938 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mr O A Alakija |
| Director |
| Approved by the board on 18 November 2014 |
|
| ORCHARD ACCOUNTANTS UK LTD |
| Notes to the Abbreviated Accounts |
| for the year ended 30 April 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% reducing balance |
|
Furniture |
20% reducing balance |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 May 2013 |
58,912 |
|
Additions |
6,880 |
|
At 30 April 2014 |
65,792 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 May 2013 |
31,229 |
|
Charge for the year |
6,913 |
|
At 30 April 2014 |
38,142 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2014 |
27,650 |
|
At 30 April 2013 |
27,683 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
