Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31false2023-01-01No description of principal activity33falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC603189 2023-01-01 2023-12-31 SC603189 2022-01-01 2022-12-31 SC603189 2023-12-31 SC603189 2022-12-31 SC603189 c:CompanySecretary1 2023-01-01 2023-12-31 SC603189 c:Director1 2023-01-01 2023-12-31 SC603189 c:Director2 2023-01-01 2023-12-31 SC603189 c:RegisteredOffice 2023-01-01 2023-12-31 SC603189 d:CurrentFinancialInstruments 2023-12-31 SC603189 d:CurrentFinancialInstruments 2022-12-31 SC603189 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 SC603189 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 SC603189 d:ShareCapital 2023-12-31 SC603189 d:ShareCapital 2022-12-31 SC603189 d:RetainedEarningsAccumulatedLosses 2023-12-31 SC603189 d:RetainedEarningsAccumulatedLosses 2022-12-31 SC603189 c:OrdinaryShareClass1 2023-01-01 2023-12-31 SC603189 c:OrdinaryShareClass1 2023-12-31 SC603189 c:OrdinaryShareClass1 2022-12-31 SC603189 c:FRS102 2023-01-01 2023-12-31 SC603189 c:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 SC603189 c:FullAccounts 2023-01-01 2023-12-31 SC603189 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 SC603189 2 2023-01-01 2023-12-31 SC603189 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC603189










O'REILLY SAFETY SERVICES LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

 
O'REILLY SAFETY SERVICES LIMITED
 

COMPANY INFORMATION


Directors
Mr S Reilly 
Mrs J Reilly 




Company secretary
Miss S A Reilly



Registered number
SC603189



Registered office
SR House
18 Tom Johnston Road

Dundee

DD4 8XD




Accountants
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
O'REILLY SAFETY SERVICES LIMITED
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF O'REILLY SAFETY SERVICES LIMITED
FOR THE YEAR ENDED 31 DECEMBER 2023

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'Reilly Safety Services Limited for the year ended 31 December 2023 which comprise the Statement of Financial Position and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of Directors of O'Reilly Safety Services Limited, as a body, in accordance with the terms of our engagement letter dated 20 September 2022Our work has been undertaken solely to prepare for your approval the financial statements of O'Reilly Safety Services Limited and state those matters that we have agreed to state to the Board of Directors of O'Reilly Safety Services Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than O'Reilly Safety Services Limited and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that O'Reilly Safety Services Limited 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'Reilly Safety Services Limited. You consider that O'Reilly Safety Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of O'Reilly Safety Services Limited. 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.

  



EQ Accountants Limited
 
Chartered Accountants
  
Westby
64 West High Street
Forfar
Angus
DD8 1BJ
16 August 2024
Page 1

 
O'REILLY SAFETY SERVICES LIMITED
REGISTERED NUMBER: SC603189

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 4 
25,622
9,505

Cash at bank and in hand
  
9,153
15,106

  
34,775
24,611

Creditors: amounts falling due within one year
 5 
(34,272)
(25,855)

NET CURRENT ASSETS/(LIABILITIES)
  
 
 
503
 
 
(1,244)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
503
(1,244)

  

NET ASSETS/(LIABILITIES)
  
503
(1,244)


CAPITAL AND RESERVES
  

Called up share capital 
 6 
100
100

Profit and loss account
  
403
(1,344)

  
503
(1,244)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 15 August 2024.




Mr S Reilly
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
O'REILLY SAFETY SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


GENERAL INFORMATION

O'Reilly Safety Services Limited is a private company, limited by shares, incorporated in Scotland with registration number SC603189. The registered office is SR House, 18 Tom Johnston Road, Dundee DD4 8XD.
The financial statements are presented in Sterling which is the functional currency of the Company and rounded to the nearest £.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

TURNOVER

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

INTEREST INCOME

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

FINANCE COSTS

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
O'REILLY SAFETY SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.ACCOUNTING POLICIES (CONTINUED)

 
2.5

TAXATION

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.6

FINANCIAL INSTRUMENTS

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of Financial Position 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, when 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.

 
2.7

DIVIDENDS

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


EMPLOYEES




The average monthly number of employees, including directors, during the year was 3 (2022 - 3).


4.


DEBTORS

2023
2022
£
£


Other debtors
25,622
9,505

25,622
9,505


Page 4

 
O'REILLY SAFETY SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
2022
£
£

Other taxation and social security
31,772
22,905

Other creditors
-
450

Accruals and deferred income
2,500
2,500

34,272
25,855



6.


SHARE CAPITAL

2023
2022
£
£
ALLOTTED, CALLED UP AND FULLY PAID



100 (2022 - 100) Ordinary shares of £1.00 each
100
100



Page 5