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REGISTERED NUMBER: 08959730 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2022

for

O'neill Pipework Solutions Ltd

O'neill Pipework Solutions Ltd (Registered number: 08959730)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


O'neill Pipework Solutions Ltd

Company Information
for the Year Ended 31 March 2022







DIRECTOR: P O'neill





SECRETARY:





REGISTERED OFFICE: 22 Darwin Road
Mickleover
Derby
Derbyshire
DE3 9HU





REGISTERED NUMBER: 08959730 (England and Wales)






O'neill Pipework Solutions Ltd (Registered number: 08959730)

Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,741 6,321

CURRENT ASSETS
Debtors 5 3,225 4,788
Cash at bank 16,369 8,582
19,594 13,370
CREDITORS
Amounts falling due within one year 6 12,131 4,716
NET CURRENT ASSETS 7,463 8,654
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,204

14,975

CREDITORS
Amounts falling due after more than one
year

7

1,556

3,889
NET ASSETS 10,648 11,086

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 10,647 11,085
SHAREHOLDERS' FUNDS 10,648 11,086

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

O'neill Pipework Solutions Ltd (Registered number: 08959730)

Balance Sheet - continued
31 March 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 September 2022 and were signed by:





P O'neill - Director


O'neill Pipework Solutions Ltd (Registered number: 08959730)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

O'neill Pipework Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

O'neill Pipework Solutions Ltd (Registered number: 08959730)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2021
and 31 March 2022 16,499
DEPRECIATION
At 1 April 2021 10,178
Charge for year 1,580
At 31 March 2022 11,758
NET BOOK VALUE
At 31 March 2022 4,741
At 31 March 2021 6,321

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade debtors 3,225 4,788

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade creditors (1 ) 1
Taxation and social security 1,984 2,355
Other creditors 10,148 2,360
12,131 4,716

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.22 31.3.21
£    £   
Hire purchase contracts 1,556 3,889