Picture of Orchard Funding logo

ORCH Orchard Funding News Story

0.000.00%
gb flag iconLast trade - 00:00
FinancialsHighly SpeculativeMicro CapSuper Stock

REG - Orchard Funding Grp - Change of ARD and change of auditor

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250626:nRSZ4535Oa&default-theme=true

RNS Number : 4535O  Orchard Funding Group PLC  26 June 2025

26 June 2025

 

Orchard Funding Group PLC

("Orchard", the "Group" or the "Company")

 

Change of accounting reference date and auditor

 

Orchard Funding Group PLC, the finance group which specialises in insurance
premium finance and the professions funding market, announces a change to its
financial year end a change of the Company's auditor

 

Change of financial year end

 

For operational reasons, the Company will be changing its accounting reference
date and financial year end from 31 July to 31 January, effective
immediately.

 

As a result of the change of year end, the Group's next three financial
reporting events will be as follows:

 

·        publication of unaudited interim results for the 12 months to
31 July 2025 by 31 October 2025;

 

·        publication of audited annual accounts for the 18 months to
31 January 2026 by 31 July 2026; and

 

·        publication of unaudited interim results for the 6 months to
31 July 2026 by 31 October 2026.

 

From then, annual and interim reports will be published each year for the 12
months to 31 January and 6 months to 31 July, respectively.

 

Change of auditor

 

The Company is also pleased to announce the appointment of Macalvins Limited
("Macalvins") as the Company's auditor for the 18-month period ending 31
January 2026. Macalvins completed the audit for the Group's Public Interest
Entity, Orchard Bond Finance PLC, for the year ended 31 July 2024.

 

For further information, please contact:

 

 Orchard Funding Group Plc                                  Tel: +44 (0)1582 346 248

 Ravi Takhar, Chief Executive Officer

 Allenby Capital Limited (Nominated Adviser and Broker)     Tel: +44 (0)20 3328 5656

 Nick Naylor/James Reeve (Corporate Finance)

 Amrit Nahal/Jos Pinnington (Sales and Corporate Broking)

 

For Investor Relations please go to: www.orchardfundinggroupplc.com
(http://www.orchardfundinggroupplc.com/)

 

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as amended by The Market Abuse (Amendment) (EU Exit)
Regulations 2019. Upon the publication of this announcement via the Regulatory
Information Service, this inside information is now considered to be in the
public domain.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCFLFSDRRIEFIE

Recent news on Orchard Funding

See all news