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REGISTERED NUMBER: 09707866 (England and Wales)















Financial Statements for the Year Ended 31 March 2023

for

Paul O'Loughlin Ltd

Paul O'Loughlin Ltd (Registered number: 09707866)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Paul O'Loughlin Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTORS: P O'Loughlin
Mrs N O'Loughlin





REGISTERED OFFICE: 4 Reading Road
Pangbourne
Reading
Berkshire
RG8 7LY





REGISTERED NUMBER: 09707866 (England and Wales)





ACCOUNTANTS: Geoffrey Cole & Co
4 Reading Road
Pangbourne
Reading
Berkshire
RG8 7LY

Paul O'Loughlin Ltd (Registered number: 09707866)

Statement of Financial Position
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 617,057 617,057

CURRENT ASSETS
Debtors 5 - 239,302

CREDITORS
Amounts falling due within one year 6 521,139 521,139
NET CURRENT LIABILITIES (521,139 ) (281,837 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

95,918

335,220

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 95,908 335,210
SHAREHOLDERS' FUNDS 95,918 335,220

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

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

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 Board of Directors and authorised for issue on 28 November 2023 and were signed on its behalf by:





P O'Loughlin - Director


Paul O'Loughlin Ltd (Registered number: 09707866)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Paul O'Loughlin 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Fixed asset investments being shares in a group undertaking are stated at cost less any necessary provision for impairment.

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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2022
and 31 March 2023 617,057
NET BOOK VALUE
At 31 March 2023 617,057
At 31 March 2022 617,057

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors - 239,302

Paul O'Loughlin Ltd (Registered number: 09707866)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 507,834 434,500
Other creditors 13,305 86,639
521,139 521,139

7. SECURED DEBTS

A charge has been given to Mr & Mrs R Warmingham secured on the shares of Warmingham Ltd in respect of outstanding purchase consideration.