COMPANY REGISTRATION NUMBER:
NI622033
O'Neill Bulk Services Ltd |
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Filleted Unaudited Financial Statements |
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O'Neill Bulk Services Ltd |
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Year ended 31 December 2021
Chartered accountants report to the director on the preparation of the unaudited statutory financial statements |
1 |
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Statement of financial position and the notes to the financial statements |
2 |
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O'Neill Bulk Services Ltd |
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Chartered Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of
O'Neill Bulk Services Ltd |
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Year ended 31 December 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of O'Neill Bulk Services Ltd for the year ended 31 December 2021, which comprise the statement of financial position and the notes to the financial statements from the company's accounting records and from information and explanations you have given us. As a practising member firm of Chartered Accountants Ireland, we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie. This report is made solely to the director of O'Neill Bulk Services Ltd in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of O'Neill Bulk Services Ltd and state those matters that we have agreed to state to you in this report in accordance with the requirements of Chartered Accountants Ireland as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than O'Neill Bulk Services Ltd and its directors for our work or for this report.
It is your duty to ensure that O'Neill Bulk Services Ltd 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 O'Neill Bulk Services Ltd. You consider that O'Neill Bulk Services Ltd 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 O'Neill Bulk Services Ltd. 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.
CLAREMOUNT
Chartered Accountants
1b Brookmount Crescent
Omagh
Co Tyrone
BT78 5HG
25 May 2022
O'Neill Bulk Services Ltd |
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Statement of Financial Position |
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31 December 2021
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2021 |
2020 |
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£ |
£ |
£ |
Fixed assets |
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158,003 |
182,114 |
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--------- |
--------- |
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Current assets |
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35,713 |
28,512 |
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Creditors: amounts falling due within one year |
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118,690 |
97,233 |
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--------- |
--------- |
Net current liabilities |
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(
82,977) |
(
68,721) |
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-------- |
--------- |
Total assets less current liabilities |
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75,026 |
113,393 |
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Creditors: amounts falling due after more than one year |
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73,050 |
111,653 |
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Accruals and deferred income |
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1,550 |
1,450 |
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-------- |
--------- |
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|
426 |
290 |
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-------- |
--------- |
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Capital and reserves |
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426 |
290 |
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---- |
---- |
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Notes to the financial statements
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2020:
1
).
2.
Director's advances, credits and guarantees
The opening balance of the directors' loan account was £9,897. During the year the company advanced funds of £52,222 to the directors of which £46,300 was repaid, leaving a closing balance of £15,819 overdrawn. This was repaid within nine months of the year end.
For the year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
25 May 2022
, and are signed on behalf of the board by:
Company registration number:
NI622033
The company is a private company limited by shares, registered in N Ireland. The address of the registered office is 27 Altaghoney Road, Claudy, Co Derry, B47 4JR, N Ireland.