2023-01-012023-12-312023-12-31false11091633O'NEILL'S FACILITIES & WASTE MANAGEMENT LIMITED2024-04-09iso4217:GBPxbrli:pure110916332023-01-01110916332023-12-31110916332023-01-012023-12-31110916332022-01-01110916332022-12-31110916332022-01-012022-12-3111091633bus:SmallEntities2023-01-012023-12-3111091633bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3111091633bus:FullAccounts2023-01-012023-12-3111091633bus:PrivateLimitedCompanyLtd2023-01-012023-12-3111091633core:WithinOneYear2023-12-3111091633core:AfterOneYear2023-12-3111091633core:WithinOneYear2022-12-3111091633core:AfterOneYear2022-12-3111091633core:ShareCapital2023-12-3111091633core:SharePremium2023-12-3111091633core:RevaluationReserve2023-12-3111091633core:OtherReservesSubtotal2023-12-3111091633core:RetainedEarningsAccumulatedLosses2023-12-3111091633core:ShareCapital2022-12-3111091633core:SharePremium2022-12-3111091633core:RevaluationReserve2022-12-3111091633core:OtherReservesSubtotal2022-12-3111091633core:RetainedEarningsAccumulatedLosses2022-12-3111091633core:LandBuildings2023-12-3111091633core:PlantMachinery2023-12-3111091633core:Vehicles2023-12-3111091633core:FurnitureFittings2023-12-3111091633core:OfficeEquipment2023-12-3111091633core:NetGoodwill2023-12-3111091633core:IntangibleAssetsOtherThanGoodwill2023-12-3111091633core:ListedExchangeTraded2023-12-3111091633core:UnlistedNon-exchangeTraded2023-12-3111091633core:LandBuildings2022-12-3111091633core:PlantMachinery2022-12-3111091633core:Vehicles2022-12-3111091633core:FurnitureFittings2022-12-3111091633core:OfficeEquipment2022-12-3111091633core:NetGoodwill2022-12-3111091633core:IntangibleAssetsOtherThanGoodwill2022-12-3111091633core:ListedExchangeTraded2022-12-3111091633core:UnlistedNon-exchangeTraded2022-12-3111091633core:LandBuildings2023-01-012023-12-3111091633core:PlantMachinery2023-01-012023-12-3111091633core:Vehicles2023-01-012023-12-3111091633core:FurnitureFittings2023-01-012023-12-3111091633core:OfficeEquipment2023-01-012023-12-3111091633core:NetGoodwill2023-01-012023-12-3111091633core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3111091633core:ListedExchangeTraded2023-01-012023-12-3111091633core:UnlistedNon-exchangeTraded2023-01-012023-12-3111091633core:MoreThanFiveYears2023-01-012023-12-3111091633core:Non-currentFinancialInstruments2023-12-3111091633core:Non-currentFinancialInstruments2022-12-3111091633dpl:CostSales2023-01-012023-12-3111091633dpl:DistributionCosts2023-01-012023-12-3111091633core:LandBuildings2023-01-012023-12-3111091633core:PlantMachinery2023-01-012023-12-3111091633core:Vehicles2023-01-012023-12-3111091633core:FurnitureFittings2023-01-012023-12-3111091633core:OfficeEquipment2023-01-012023-12-3111091633dpl:AdministrativeExpenses2023-01-012023-12-3111091633core:NetGoodwill2023-01-012023-12-3111091633core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3111091633dpl:GroupUndertakings2023-01-012023-12-3111091633dpl:ParticipatingInterests2023-01-012023-12-3111091633dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3111091633core:ListedExchangeTraded2023-01-012023-12-3111091633dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3111091633core:UnlistedNon-exchangeTraded2023-01-012023-12-3111091633dpl:CostSales2022-01-012022-12-3111091633dpl:DistributionCosts2022-01-012022-12-3111091633core:LandBuildings2022-01-012022-12-3111091633core:PlantMachinery2022-01-012022-12-3111091633core:Vehicles2022-01-012022-12-3111091633core:FurnitureFittings2022-01-012022-12-3111091633core:OfficeEquipment2022-01-012022-12-3111091633dpl:AdministrativeExpenses2022-01-012022-12-3111091633core:NetGoodwill2022-01-012022-12-3111091633core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3111091633dpl:GroupUndertakings2022-01-012022-12-3111091633dpl:ParticipatingInterests2022-01-012022-12-3111091633dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3111091633core:ListedExchangeTraded2022-01-012022-12-3111091633dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3111091633core:UnlistedNon-exchangeTraded2022-01-012022-12-3111091633core:NetGoodwill2023-12-3111091633core:IntangibleAssetsOtherThanGoodwill2023-12-3111091633core:LandBuildings2023-12-3111091633core:PlantMachinery2023-12-3111091633core:Vehicles2023-12-3111091633core:FurnitureFittings2023-12-3111091633core:OfficeEquipment2023-12-3111091633core:AfterOneYear2023-12-3111091633core:WithinOneYear2023-12-3111091633core:ListedExchangeTraded2023-12-3111091633core:UnlistedNon-exchangeTraded2023-12-3111091633core:ShareCapital2023-12-3111091633core:SharePremium2023-12-3111091633core:RevaluationReserve2023-12-3111091633core:OtherReservesSubtotal2023-12-3111091633core:RetainedEarningsAccumulatedLosses2023-12-3111091633core:NetGoodwill2022-12-3111091633core:IntangibleAssetsOtherThanGoodwill2022-12-3111091633core:LandBuildings2022-12-3111091633core:PlantMachinery2022-12-3111091633core:Vehicles2022-12-3111091633core:FurnitureFittings2022-12-3111091633core:OfficeEquipment2022-12-3111091633core:AfterOneYear2022-12-3111091633core:WithinOneYear2022-12-3111091633core:ListedExch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O'NEILL'S FACILITIES & WASTE MANAGEMENT LIMITED

Registered Number
11091633
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

O'NEILL'S FACILITIES & WASTE MANAGEMENT LIMITED
Company Information
for the year from 1 January 2023 to 31 December 2023

Director

O'NEILL, Richard

Registered Address

7 Iron Way
Tondu
Tondu, Bridgend
CF32 9BF

Registered Number

11091633 (England and Wales)
O'NEILL'S FACILITIES & WASTE MANAGEMENT LIMITED
Statement of Financial Position
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Intangible assets3642692
Tangible assets4776,359656,286
777,001656,978
Current assets
Debtors2,102,239874,549
Cash at bank and on hand553,4091,141,525
2,655,6482,016,074
Creditors amounts falling due within one year5(1,058,185)(688,857)
Net current assets (liabilities)1,597,4631,327,217
Total assets less current liabilities2,374,4641,984,195
Creditors amounts falling due after one year6(114,679)(208,975)
Provisions for liabilities8(194,090)(164,071)
Net assets2,065,6951,611,149
Capital and reserves
Called up share capital1010
Profit and loss account2,065,6851,611,139
Shareholders' funds2,065,6951,611,149
The financial statements were approved and authorised for issue by the Director on 9 April 2024, and are signed on its behalf by:
O'NEILL, Richard
Director
Registered Company No. 11091633
O'NEILL'S FACILITIES & WASTE MANAGEMENT LIMITED
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. Computer software is being amortised evenly over its estimated useful life of fifteen years.
Research and development
Research and development costs are expensed in the profit and loss in the year in which they are incurred.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery4
Fixtures and fittings4
Vehicles4
Office Equipment4
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
2.Average number of employees

20232022
Average number of employees during the year2717
3.Intangible assets

Other

Total

££
Cost or valuation
At 01 January 23750750
At 31 December 23750750
Amortisation and impairment
At 01 January 235858
Charge for year5050
At 31 December 23108108
Net book value
At 31 December 23642642
At 31 December 22692692
4.Tangible fixed assets

Plant & machinery

Vehicles

Fixtures & fittings

Office Equipment

Total

£££££
Cost or valuation
At 01 January 23846,613-14,6209,709870,942
Additions390,15846,613-7,066443,837
Disposals(61,919)---(61,919)
At 31 December 231,174,85246,61314,62016,7751,252,860
Depreciation and impairment
At 01 January 23203,203-6,6764,777214,656
Charge for year269,5099,7113,4562,389285,065
On disposals(23,220)---(23,220)
At 31 December 23449,4929,71110,1327,166476,501
Net book value
At 31 December 23725,36036,9024,4889,609776,359
At 31 December 22643,410-7,9444,932656,286
5.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables269,100307,113
Bank borrowings and overdrafts11,16011,160
Taxation and social security579,472204,198
Finance lease and HP contracts178,149145,250
Other creditors20,30421,136
Total1,058,185688,857
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
6.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts13,00723,007
Other creditors101,672185,968
Total114,679208,975
7.Obligations under finance leases

2023

2022

££
Finance lease and HP contracts101,673185,969
8.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)194,090164,071
Total194,090164,071
9.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
O'NEILL, Richard0771,0390771,039
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