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REGISTERED NUMBER: 07217241 (England and Wales)




































FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2023

FOR

O'ROURKE INFRASTRUCTURE SERVICES LIMITED

O'ROURKE INFRASTRUCTURE SERVICES LIMITED (REGISTERED NUMBER: 07217241)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


O'ROURKE INFRASTRUCTURE SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2023







DIRECTORS: P O'Rourke
Mrs T O'Rourke
W P O'Rourke





REGISTERED OFFICE: Venture House
The Tanneries
East Street
Titchfield
Hampshire
PO14 4AR





REGISTERED NUMBER: 07217241 (England and Wales)





ACCOUNTANTS: Compass Accountants Limited
Chartered Accountants
Venture House
The Tanneries
East Street
Titchfield
Hampshire
PO14 4AR

O'ROURKE INFRASTRUCTURE SERVICES LIMITED (REGISTERED NUMBER: 07217241)

BALANCE SHEET
31ST MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 475,424 411,966

CURRENT ASSETS
Stocks 34,300 31,850
Debtors 5 289,595 208,712
Cash at bank and in hand 125,355 66,959
449,250 307,521
CREDITORS
Amounts falling due within one year 6 241,675 211,033
NET CURRENT ASSETS 207,575 96,488
TOTAL ASSETS LESS CURRENT LIABILITIES 682,999 508,454

CREDITORS
Amounts falling due after more than one year 7 (343,666 ) (199,721 )

PROVISIONS FOR LIABILITIES (90,331 ) (78,274 )
NET ASSETS 249,002 230,459

CAPITAL AND RESERVES
Called up share capital 110 110
Retained earnings 248,892 230,349
249,002 230,459

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 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.

O'ROURKE INFRASTRUCTURE SERVICES LIMITED (REGISTERED NUMBER: 07217241)

BALANCE SHEET - continued
31ST MARCH 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2nd October 2023 and were signed on its behalf by:





P O'Rourke - Director


O'ROURKE INFRASTRUCTURE SERVICES LIMITED (REGISTERED NUMBER: 07217241)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023


1. STATUTORY INFORMATION

O'Rourke Infrastructure Services Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 2.5% on cost
Motor vehicles - 2.5% on cost
Computer equipment - 2.5% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

O'ROURKE INFRASTRUCTURE SERVICES LIMITED (REGISTERED NUMBER: 07217241)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Basic financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, where there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

The company's financial assets and liabilities consist of cash and cash equivalents, short term investments, trade and other debtors, trade and other creditor, and accrued expenses. The fair value of these items approximates their carrying value due to their short term value. Unless otherwise noted, the company is not exposed to significant interest, foreign exchange or credit risks arising from these instruments.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st April 2022 379,722 128,549 6,905 515,176
Additions 16,931 58,945 707 76,583
At 31st March 2023 396,653 187,494 7,612 591,759
DEPRECIATION
At 1st April 2022 58,072 39,512 5,626 103,210
Charge for year 9,522 3,557 46 13,125
At 31st March 2023 67,594 43,069 5,672 116,335
NET BOOK VALUE
At 31st March 2023 329,059 144,425 1,940 475,424
At 31st March 2022 321,650 89,037 1,279 411,966

O'ROURKE INFRASTRUCTURE SERVICES LIMITED (REGISTERED NUMBER: 07217241)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st April 2022 346,635 123,049 469,684
Additions - 37,945 37,945
At 31st March 2023 346,635 160,994 507,629
DEPRECIATION
At 1st April 2022 46,573 35,077 81,650
Charge for year - 3,157 3,157
At 31st March 2023 46,573 38,234 84,807
NET BOOK VALUE
At 31st March 2023 300,062 122,760 422,822
At 31st March 2022 300,062 87,972 388,034

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 87,731 141,202
Other debtors 201,864 67,510
289,595 208,712

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 72,779 34,568
Hire purchase contracts 76,169 70,044
Trade creditors 77,645 83,132
Taxation and social security - 9,143
Other creditors 15,082 14,146
241,675 211,033

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans 277,518 102,870
Hire purchase contracts 66,148 96,851
343,666 199,721